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THE only Pattern

  • #341
  • Oct 3, 2016 8:32am Oct 3, 2016 8:32am
What a ranging day for USDJPY. Good night.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #342
  • Oct 3, 2016 10:04am Oct 3, 2016 10:04am
The basic approach is similar to what has been presented here, with some personal variations. But here is a sample from last week. Good trading everyone!
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  • #343
  • Oct 3, 2016 1:59pm Oct 3, 2016 1:59pm
Quoting Inthebox
Short term day trading. {image}
good trades my friend
atheer1
  • #344
  • Oct 3, 2016 2:15pm Oct 3, 2016 2:15pm
Quoting GEfx
The basic approach is similar to what has been presented here, with some personal variations. But here is a sample from last week. Good trading everyone! {image}
very nice trading approach......yes very similar
atheer1
  • #345
  • Oct 3, 2016 2:30pm Oct 3, 2016 2:30pm
some closed trades...........still holding trades on the same direction and currency..............

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atheer1
  • #346
  • Oct 3, 2016 3:09pm Oct 3, 2016 3:09pm
Quoting atheer1
{quote} very nice trading approach......yes very similar
Yep, this is what I do when the market is not trending. I've never talked about this on FF and was really happy to see your work here. Keep up the good work and the good trading!
  • #347
  • Oct 3, 2016 3:45pm Oct 3, 2016 3:45pm
Quoting atheer1
{quote} Grid is 1 pip in one M chart............10 pip in 1 hour chart.............50 pip in daily chart..........500 pip in monthly.............. Logic comes from the following facts.............. Range of candles in those time frames and so choosing an appropriate grid interval so that the change in price by this grid interval is significant........1 pip is significant in 1 min chart and so on............. Big players tend to put there orders around round no.............and all my gird are round no.......... grid interval can fit all currency...
Thank you for your answer that's fine. I was just wondering if there was something more to it. Another good day today.
  • #348
  • Oct 3, 2016 5:15pm Oct 3, 2016 5:15pm
Atheer1, please look at the private message I sent you.
ITB - Seeing Orderliness amongst 'Randomness'
  • #349
  • Oct 3, 2016 7:22pm Oct 3, 2016 7:22pm
Quoting Inthebox
What a ranging day for USDJPY. Good night. {image}
Stopped out. Watching R 102.50 zone.
ITB - Seeing Orderliness amongst 'Randomness'
  • #350
  • Oct 3, 2016 8:06pm Oct 3, 2016 8:06pm
Attempting to sell. Big green H4 candles vs R 102.50 zone.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #351
  • Oct 4, 2016 12:37am Oct 4, 2016 12:37am
Quoting atheer1
some closed trades...........still holding trades on the same direction and currency.............. {image}
Hope you have a TP. Triple daily bottom. Double weekly bottom.
ITB - Seeing Orderliness amongst 'Randomness'
  • #352
  • Oct 4, 2016 4:29am Oct 4, 2016 4:29am
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another part closed............... still have some
atheer1
  • #353
  • Oct 4, 2016 5:01am Oct 4, 2016 5:01am
Quoting Inthebox
{quote} Hope you have a TP. Triple daily bottom. Double weekly bottom.
thanks for caring
atheer1
  • #354
  • Oct 4, 2016 9:31am Oct 4, 2016 9:31am
Classic misinterpretation of Bloomberg headline "ECB said to be near consensus on need to taper QE before it ends".?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #355
  • Oct 4, 2016 12:14pm Oct 4, 2016 12:14pm
Quoting atheer1
{quote} Yes it could be......... Still not my view till now..............
Live today like theres no tomorrow-- Prioritize like you will die today
  • #356
  • Oct 4, 2016 11:51pm Oct 4, 2016 11:51pm
I cannot see the next low even on my GBPUSD monthly chart.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #357
  • Oct 5, 2016 12:23am Oct 5, 2016 12:23am
Quoting Inthebox
I cannot see the next low even on my GBPUSD monthly chart. {image} {image}

If the trade closed above the RLINE (the green candle) and then below where InTheBox took the trade is that a valid setup? Or do both have to be wicks with closes below the RLINE
  • #358
  • Oct 5, 2016 1:22am Oct 5, 2016 1:22am
Quoting andre3k
{quote} If the trade closed above the RLINE (the green candle) and then below where InTheBox took the trade is that a valid setup? Or do both have to be wicks with closes below the RLINE
The area was first noticed when from the left, the wicks started bouncing upward from S 1.2740.
Then a red candle closed below the Support line making it Resistance line.
Actually it's better to call it a zone because it is an area where the battle was fought where the candles can close above or below the line multiple times.
You can either sell after the H1 red candle close or wait for price to revisit the R zone and observe M1 for entry.
I arrived at my computer just when the green candle has formed.
More reasons to sell than to buy. Just look at higher time frame. Further more the monthly low has been broken. Market is only taking a breather at 1.2740.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #359
  • Oct 5, 2016 2:22am Oct 5, 2016 2:22am
Quoting Inthebox
I cannot see the next low even on my GBPUSD monthly chart. {image} {image}
yes data is not available before 1993..............
atheer1
  • #360
  • Oct 5, 2016 3:03am Oct 5, 2016 3:03am
buy usdcad from around 1.32...................
atheer1
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