The Double bottom Eve example took 1 month to appear, and almost another month for the trades duration. All for 39.5 pips... Is that normal?
- #45
- Mar 19, 2016 2:44am Mar 19, 2016 2:44am
this thread once giant treasure chest for us to grind. very nice idea sharing here shemski , salutecount me in. subscribed, been looking for these sometime and waaalaaaah here is it.
The idea is nothing new. Thousands of traders, if not tens of thousands of traders trade with this style.
Bulkowski also did amazing research work. His site is one of the best things that ever happened to me. The longer I look in to it, the least I like the idea of trading with indy's. I'm not saying indicators are evil, I just love the idea of "freeing" myself from them and feeling the market better.
Please read through the book and take a look at Bulkowski's site and let me know what you think, which patterns you see forming right now and help me create something special in here!
Have a great weekend everyone, let's get ready or Monday!!
When trading: "Empty your mind, be formless. Shapeless, like water."
- #46
- Mar 19, 2016 2:51am Mar 19, 2016 2:51am
If I'd tell you that a series of four candles in this screenshot tell me that your success rate of taking an order in a certain position is about at 72%, how excited would you be? {image} Who else see's it?? This should be super easy!! And why is the dashed red line so important? Hint one "3"! {image}
When trading: "Empty your mind, be formless. Shapeless, like water."
- #48
- Mar 19, 2016 3:27am Mar 19, 2016 3:27am
Hi Shemski, i like your sharemy view about flag is right? {image}
Hi Acana, yes I am just not to convinced with the flagpole of that flag. The trade worked out great but the move upwards before the flag started wasn't "violent" enough for my likings.
Can you see that morning star on your chart? Jan 19th around 19:00. The morning star followed by that nice drop off!
Very nice setup there, very nice!!!
When trading: "Empty your mind, be formless. Shapeless, like water."
{quote} Hi Acana, yes I am just not to convinced with the flagpole of that flag. The trade worked out great but the move upwards before the flag started wasn't "violent" enough for my likings. Can you see that morning star on your chart? Jan 19th around 19:00. The morning star followed by that nice drop off! Very nice setup there, very nice!!!
im trying to understand here
Joining The 10%
- #50
- Mar 19, 2016 3:41am Mar 19, 2016 3:41am
{quote} ok thank alot
No problem, did you read the book and go through the site?
I'm learning also, so let's help eachother out!
When trading: "Empty your mind, be formless. Shapeless, like water."
- #52
- Mar 19, 2016 4:08am Mar 19, 2016 4:08am
This set will take a few days but it could form a very nice Eve & Eve Bottom, not perfect but decent. Again, we might end up waiting a good two weeks for a legit signal but we are looking at 550 pips to the upside. And guess what, 550 pips is right where resistance sits!
When trading: "Empty your mind, be formless. Shapeless, like water."
- #53
- Mar 19, 2016 4:14am Mar 19, 2016 4:14am
Rounding Top anyone?
http://thepatternsite.com/roundingtop.html
We could get a nice little bounce up.
http://thepatternsite.com/roundingtop.html
We could get a nice little bounce up.
When trading: "Empty your mind, be formless. Shapeless, like water."
- #54
- Mar 19, 2016 6:16am Mar 19, 2016 6:16am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
Hi Shemski, i like your share
..... side notes: how the pole comes about is very important - in this EN H4 trade the entry is right on H4 res and the break of this would have been super cool trade 
..... extra side note: it is easier 2 spot a pole in instruments wit gaps [beyond sundays 
] ..... another side note: u need to replace 'high' wit someting else in fx 
- #55
- Mar 19, 2016 6:42am Mar 19, 2016 6:42am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
EN H4 - a few high&tights that didnt work / no entry .... 2nd chart wit pan-back [look left ] ....
] ....
{quote} Anybody??? {image} {image}
- #58
- Mar 19, 2016 9:37am Mar 19, 2016 9:37am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} I only have two months of forex but i want contribute to this thread so i can learn more.My opinion about that post is: the green line is the SL and the red is the TP. Green line SL why? Because we can see before that buyers reached a point where they couldn't fight the strenght of sellers (right where the green line is) after that we can see a bullish market but in a blink of an eye sellers have pull the price downRed line TP because is where I think this will reverse (i'm new to this so if i'm wrong tell me where is)Ps-thanks for the book...
good try Manel9530 - my guess is he wants Risk:Reward of 1:3 wit [hidden] SL above the pre pivot high to the red dash line - #59
- Mar 19, 2016 11:13am Mar 19, 2016 11:13am
{quote}
http://thepatternsite.com/ThreeLineStrikeBear.html
According to the man,the Three Line Strike Pattern acts as a bullish reversal 84% of the time!!! If you go back about 20 candles you will see the same exact pattern, with the same exact result!
Why mess around with indy's when allof the information you need is right in front of you??
When trading: "Empty your mind, be formless. Shapeless, like water."
