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THE only Pattern

  • #121
  • Sep 16, 2016 4:52am Sep 16, 2016 4:52am
Hi Atheer,

This is running very nicely on DAX 1m, thanks again for posting this pattern, much appreciated.
  • #122
  • Sep 16, 2016 5:07am Sep 16, 2016 5:07am
So if the pin of the red bar on the very left had penetrated the line, this could have been a good entry?
Attached Image
So many in the Commercial section want to make me rich! :o
  • #123
  • Sep 16, 2016 5:28am Sep 16, 2016 5:28am
Very much like trading RAT REVERSALS.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #124
  • Sep 16, 2016 7:29am Sep 16, 2016 7:29am
Quoting knez
{quote} atheer1, are you mainly trading uj? If yes, any particular reason please?
no particular reason..............but my main trades this week on it
atheer1
  • #125
  • Sep 16, 2016 7:30am Sep 16, 2016 7:30am
Next question atheer:

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 120 KB
  • #126
  • Sep 16, 2016 7:31am Sep 16, 2016 7:31am
[quote=IndexScalper;9143274]Hi Atheer, This is running very nicely on DAX 1m, thanks again for posting this pattern, much appreciated.[/quot

good to hear that
atheer1
  • #127
  • Sep 16, 2016 7:33am Sep 16, 2016 7:33am
Quoting TooSlow
Very much like trading RAT REVERSALS.
I like TRO
atheer1
  • #128
  • Edited 8:06am Sep 16, 2016 7:42am | Edited 8:06am
If EURUSD H1 candle will close like that:

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD1.png Size: 79 KB


USDCAD:

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD h1.png Size: 63 KB


THESE SCENARIOS DID NOT HAPPEN, BUT IF IT WAS, So was that right ?
  • #129
  • Sep 16, 2016 8:10am Sep 16, 2016 8:10am
Is this right atheer1: ?

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.png Size: 126 KB
  • #130
  • Edited 8:45am Sep 16, 2016 8:21am | Edited 8:45am
Gbpusd:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 117 KB


audusd:
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.png Size: 138 KB
  • #131
  • Sep 16, 2016 9:38am Sep 16, 2016 9:38am
USDJPY:
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.png Size: 56 KB
  • #132
  • Sep 16, 2016 11:27am Sep 16, 2016 11:27am
UJ so 101.80 is holding the price................
not available to trade this during NY
Have a nice week end
atheer1
  • #133
  • Sep 16, 2016 11:38am Sep 16, 2016 11:38am
Kubiasty,
Sorry I can follow with you now......as I have some other work to do.......I will do when I have the time..............sorry for other traders here
atheer1
  • #134
  • Edited 12:07pm Sep 16, 2016 11:49am | Edited 12:07pm
ok no problem. answer to me when you will find the time no worry. thanks.
iam going long GJ is this correct?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.png Size: 121 KB


update;

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY2.png Size: 49 KB
  • #135
  • Sep 16, 2016 12:46pm Sep 16, 2016 12:46pm
Quoting Kubiasty
ok no problem. answer to me when you will find the time no worry. thanks. iam going long GJ is this correct? {image} update; {image}
I was late to warn you sorry
atheer1
  • #136
  • Sep 16, 2016 1:13pm Sep 16, 2016 1:13pm
Quoting atheer1
{quote} I was late to warn you sorry
Yes, lost. If you will have time please, write here what was wrong I will read when ill be back
Thanks.
  • #137
  • Sep 16, 2016 4:13pm Sep 16, 2016 4:13pm
I have used similar patterns for years and they can be profitable. The missing ingredients are modifiers that can neutralize or reverse the conclusions that your unmodified charts indicate. These modifiers are numerous and do not appear obvious, they consist essentially of common metrics ,EMA,SMA and Bolly Bands and their application to the charts is critical to reaching accurate conclusions. I would enumerate them here but they are too voluminous for this simple posting and they are the product of many years of research and testing that I am reluctant to part with for obvious reasons, but this much I can say, you are absolutely on the right track but you need to go further as I am sure your own trading results will eventually tell you.
  • #138
  • Sep 16, 2016 4:29pm Sep 16, 2016 4:29pm
Quoting Kubiasty
{quote} Yes, lost. If you will have time please, write here what was wrong I will read when ill be back Thanks.
when you are trading crosses like GJ you have take into account original major pairs GBPUSD and USDJPY if both of them does not show the same support dont try to take the trade..............
Trend is strong this day and for days with strong moves if you have to fade the move try to take S/R which respect price action of near by days.
I meant that S/R are better when respected in the near past................
atheer1
  • #139
  • Sep 16, 2016 5:06pm Sep 16, 2016 5:06pm
Quoting FX-Flux
So if the pin of the red bar on the very left had penetrated the line, this could have been a good entry? {image}
yes
atheer1
  • #140
  • Sep 16, 2016 5:10pm Sep 16, 2016 5:10pm
Quoting eyeball
I have used similar patterns for years and they can be profitable. The missing ingredients are modifiers that can neutralize or reverse the conclusions that your unmodified charts indicate. These modifiers are numerous and do not appear obvious, they consist essentially of common metrics ,EMA,SMA and Bolly Bands and their application to the charts is critical to reaching accurate conclusions. I would enumerate them here but they are too voluminous for this simple posting and they are the product of many years of research and testing that I am reluctant...
I can swear no modifier to the chart can add to trade result .All you need to trade is a horizontal line..............
atheer1
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