Trial Run for Volume&Range Patterns

I've just caught myself by the arm. Found the same "Yellow Blues" pattern in GBPUSD D1, and the price was at the low, and I opened a Buy there. But! 30 seconds later I understood that I was careless and didn't check the status of the signal candle, and it was not that of the pattern. I immediately closed a Buy in GBPUSD, luckily even with a few +cents.

My Buy trade in EURUSD, opened yesterday at 1.3057, worked nice, 10% to the last amount with the smallest lot (after withdrawal which was finally completed).

There was a good signal for Buy in GBPUSD at 1.6044, with enough statistics. I saw it, and gave it a name, and described for the PDF, and made a picture - but didn't even think to open a trade Scientific mood absolutely blocked trading...

Opened a small Buy in EURJPY after a candle on H1 determined a solid support (pic). Will they give a deeper pullback to add?..
Yesterday I missed so nice signal in this pair - only because the chart with that TF was minimized and I forgot to check it in time. Now I rearranged the screen to see everything at once.

EURJPY Buy from 117.693 closed, added 10% to the last amount of account.
That's all for now, out till the next week.

Jan 14
A very interesting signal on D1 in EURUSD - for strong reversal which will be confirmed, if the price breaks 1.3247. But the price is still much higher, and besides the pair is now trying to reach 1.3435, and absolutely no immediate signals for Sell. So I will not Buy (because the realisation of this signal can be abrupt) and will not Sell, because this is not a zone to Sell. I will wait...
D1 in GBPUSD - a pattern for possible continuation upwards after the period of uncertainty. As I wrote earlier - after uncertainty I need a signal from the next smaller TF. So I wait for a signal to Buy on H4.
D1 in EURJPY - nothing special, but also in the zone where I wouldn't consider any Sell trades.
Waiting, waiting, waiting...

GBPUSD on H4 gave a signal for Buy, though a tricky one. I've refined it on the smaller TF and opened a Buy trade from 1.6137. It happened at the pivot, according to my SupRes indy.

Well, well - either the pattern on GBPUSD was broken (because I can't find my mistakes according to the preliminary description of this pattern), or it has converted to another one, also tricky, in which the price may reach 1.6045, may be a bit lower, and then again up. This pattern was not from reliable ones, I have to study it more thouroughly, to refine or to reject from the system..
Meanwhile the condition for SL is not met yet, so I keep my Buy position.

Opened a Buy trade in EURJPY from 118.94.
There was the same pattern for Sell, as in the post #56 (its results in #59). That time the pattern didn't work because of the upward trend. Now I decided to play it vice versa - instead of waiting, I've bought at the breakout of the low, and instead of placing a pending Sell order when the price moved higher, I placed BE to my Buy.

Update1: The price reached the upper side of the marked channel (the high of the signal candle). I've changed BE for a trailing stop sized as a range of the signal candle, in case the pattern decides to repeat volatility (as in the previous case, pic in #59).

Update2: Trailing was stopped by a waterfall. (pic) Plus 1.66%.

Jan 16
1) Though I don't have any ideas (and illusions) about GBPUSD now, but for the sake of testing I still have a Buy trade open. I started the trade by the pattern on H4, but the ruling pattern for it was on D1. So my SL is also on D1 and will be taken if D1 closes the candle beyound a certain level.
Meanwhile, seems that I've found the filter for this pattern which got me in GBP. And the pattern will be called - "Chameleon the Hunter".

2) In EURJPY I've tried to play a pattern vice versa (previous post). Nothing good. It is a stable pattern, and I got one more confirmation for it. It usually gives the movement of 2 or even 3 its ranges, following the direction of the signal candle (pic). Even in the strong trend, it gives at least one range in its own direction. This time I tried to add long positions at those levels - only on the idea about the weakness of JPY. Money management didn't allow to add the the 3d level, but the price is here OK. Now waiting for the outcome of this adventure.
The pattern gets the name of "Slingshot" and a clear description in the rules now .

3) Meanwhile I made the third withdrawal from the account, now all money invested in testing are back, and I continue playing with "the money of the house".

I closed a Buy in GBPUSD, was going to keep Buy trades in EURJPY, but the EA that closes positions by % of profit was set for 20% and after the loss in GBPUSD the gain in EURJPY became more than 20, and EA closed all. Pity.
With all that - the loss is 2% from the last amount.
OK, since everything is closed, and there are only the earned money on the balance - let it be the new start, the second stage.
So, on Nov, 22 I invested 2925 (local currency, RUR), which corresponded then to 92.36 USD, and I took them back from the account, and now the net balance is 4899.92 = 167.61 USD. (pic 1)
I think, I will ask a bit more money out, to make the account =3000. I like this figure for a start.

I've realized that my Demo is actually micro-USD. Though I ask for an account in RUR, and MT4 says "Yehh, it will be in RUR", but in fact I get it in USD, I've checked twice. Here the picture looks so nice - without withdrawals (pic 2)

To resume the theory: Patterns work. I collected several stable patterns, gave them the detailed description. Probably, I'll now test unreliable patterns (without much statistics) on Demo and will work with reliable ones on the live account. And the Demo for the second stage will also be new, I'll set it for 1000 USD, so it will be equal to RUR live by the size of lots. I'll let all this new story till the next week, too much main work now, meanwhile will reread and rewrite what I've collected.
I was thinking about semi-automatical trading in the first post - no way, everything returns to the chart reading again. The patterns do work, but only if to read them, not to follow blindly.

While EURJPY on D1 is forming the pattern of uncertainty (to stop before continuation upwards ), EURJPY on H4 gave a signal of Double trap. There is one restriction why it may not work in the current market, so I will not Sell. But if it works, I'll Buy not earlier then at the bottom of the Thistle zone, better in the Orchid zone.

In EURUSD on D1 the same pattern of uncertainty is forming, no other clear signals. GBPUSD ended yesterday's D1 candle with a pattern for downward movement, but alrealy 2 periods H4 later created a Stop signal. Got +1.64% in this short move and went out of the trade. No other trades for now.

While EURJPY remains in the pale blue zone (the previous post), I would buy only after a special signal. BW MFI bars seem forming it on H4, but it will depend on DD signals too (in an hour the H4 candle will close). The first zone is where a Double trap can be cancelled by another signal. If EJ breaks down to the thistle zone - no Buys till the bottom of this zone.
GPBUSD gave so nice move after the signal from which I escaped, and there were several minor signals of the same type during the day, confirming the down movement. Added a rule for this pattern, stable and interesting.

Alas, no signals in EURJPY, and I will see signals (if any) at the opening of the next H4 candle only on Monday at my broker. Till the next week then.

New week, Jan 21, start of the day/week
Weekly charts in all three pairs are not very informative, nothing special.
Daily in EURJPY - there is a completed pattern of uncertainty. So I'm waiting for any signals only from H4 here. Friday's Double trap is not cancelled so far.

Daily in GBPUSD formed a strong candle which can belong to two different patterns, tomorrow it will become clear. No trades here so far. But there is a pleminiraty idea, according to the general view: if the price goes back to 1.5870 and hangs about for a while, not going too far higher - there will be a nice perspective to Sell to 1.5620.

EURUSD - nothing intelligible nor on Weekly, nor on Daily. On H4 it looks like it could go higher if it breaks 1.3332, but the signal is a fake one. Absolutely hazy picture, no ideas.

EURJPY penetrated in to the second (thistle) zone, the Double trap is open. Now waiting for the bottom of this zone and then will look for Buy signals. "Touch bottom" doesn't mean immediate "Buy" there, the price may dive deeper to the zone 3. Only by a signal.
The preliminary idea in GBPUSD is in harmony with the price action so far, but it is still too early to develop it.

A trial balloon - a small Sell in GBPUSD from 1.5888. The signal was on H1, though I'd prefer it on H4. I don't expect an immediate move, a bumpy flight may continue.

Update: GBPUSD on H4 gave a signal "Brake light", for a possible reversal upwards. Its placement is not "academical" now, and besides this signal is not obligatory, and it only requires a pending order for the sake of... So I moved my SL to save the Sell, and according to the pattern SL happened only 3,8+spread pips from the entry.

Update 2: Another pattern for a possible reversal (Tsunami) appeared on H1 GBPUSD. SL moved according to this pattern, about 2% protected.

Sell in GBPUSD stopped with +1.9%. The Daily chart formed a pattern of uncertainty. Now waiting for new signals on H4.
EURJPY continues amusing the public. The system keeps me away from it - no fresh signals, or patterns, nothing. The Double trap is still in action then.
EURUSD - no patterns on Daily. On H4 - a broken downward pattern, but still much confusion in whole.
No trades for now.

Buy limit in EURJPY at the bottom of the pattern area was triggered, now the price is back to the low of the middle zone, where a normal Buy signal would be welcomed. (Though more tails down can happen potentially, according to the pattern).
It was a nice example of a Double trap, with almost symmetrical tails at the high and at the low of the pattern colored area. But I got into even a better trap from my comp. The operational system crushed, I've just restored some functions to see MT4, but still a long way to full recovery, though I'll try not to interrupt at least the monitoring, if not trading.

Comp upgraded and with a fresh OS. An orphaned because of OS crash Buy in EURJPY closed with +40%. I want to check what will be a daily BW MFI bar tonight.
This Double trap was so perfect that it even was "too good to be true". Seducing buyers, and eating them; inviting sellers, and throwing them overboard; and then returning to the previous levels as if nothing had happened - and everything was predicted by one single candle. When this pattern happens another time - I'll be twice careful. It's too good to be true.

Jan 24 Daily candles EURUSD and GBPUSD have the same NYN status, which is not very informative. Usually the movement continues following the path of least resistance, but the break of the other side of such a candle would mean a significant reversal. EU follows bullish, GU doesn't follow bearish, but nothing is clear yet.
Daily in EURJPY created a pattern which wants a pause. EJ moves higher, but there are already three non-obligatory warnings (2 on H4, 1 on H1) about possible reversal. It looks like the upper border of the ascending channel, so bears are trying, may be. EJ has a significant level on 121.80, EU has a similar level at 1.3430. Both are already close. Will they stop simultaneosly after reaching the levels?