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THE only Pattern

  • #361
  • Oct 5, 2016 5:41am Oct 5, 2016 5:41am
Quoting atheer1
buy usdcad from around 1.32...................
CAD red Trade Balance news.
USD too along with other red news.
ITB - Seeing Orderliness amongst 'Randomness'
  • #362
  • Oct 5, 2016 9:15am Oct 5, 2016 9:15am
Quoting Inthebox
What a ranging day for USDJPY. Good night. {image}
Stop out.

EURUSD
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #363
  • Oct 5, 2016 10:59am Oct 5, 2016 10:59am
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atheer1
  • #364
  • Oct 5, 2016 8:04pm Oct 5, 2016 8:04pm
Thanks for your simple, yet effective trading method.

Just a practical question:

How do you keep track of so many pairs on the 1 minute time frame?

Do you use price alerts? Or do you use a pattern alert, like pin bar followed by engulfing bar?
  • #365
  • Oct 5, 2016 9:19pm Oct 5, 2016 9:19pm
Atheer, following your USDCAD lead.
Attached Image (click to enlarge)
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ITB - Seeing Orderliness amongst 'Randomness'
  • #366
  • Oct 6, 2016 3:44am Oct 6, 2016 3:44am
Quoting ikdenk
Thanks for your simple, yet effective trading method. Just a practical question: How do you keep track of so many pairs on the 1 minute time frame? Do you use price alerts? Or do you use a pattern alert, like pin bar followed by engulfing bar?
I am glad that you love the method.................
Usually I use price alerts when I am watching certain level in each currency........sometimes I do rapid eye scan of charts if I have little time to trade...........
atheer1
  • #367
  • Oct 6, 2016 3:46am Oct 6, 2016 3:46am
Quoting Inthebox
Atheer, following your USDCAD lead. {image}
I will be happy if it breaks up...........1.3250 is the main daily R
atheer1
  • #368
  • Oct 6, 2016 4:08am Oct 6, 2016 4:08am
Quoting atheer1
{quote} I will be happy if it breaks up...........1.3250 is the main daily R
Today lethargic trading, mostly ranging across the board. Guess they are waiting for tomorrow's USD main event.
ITB - Seeing Orderliness amongst 'Randomness'
  • #369
  • Edited 5:57am Oct 6, 2016 5:45am | Edited 5:57am
3 examples of this trade setup today. One example of using overbought/overextended market using Moving averages to trade it, 2nd example using a common Intra day level used in the market and third example using fibs, entry on the 50% based on previous day high/Low.

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In the above example we take the bounce of the open of the day.
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In this example, we waited for the second bear candle to confirm bearish turn in the market, with this setup often one can wait for a second or third confirmation before taking trade to avoid being too aggressive and being patient, this skill takes time and timing...

Hope the above 3 examples help.

More to come!
It's in fear when people show what they truly value.
  • #370
  • Oct 6, 2016 6:54am Oct 6, 2016 6:54am
Closed
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atheer1
  • #371
  • Oct 6, 2016 6:56am Oct 6, 2016 6:56am
Quoting ensale
3 examples of this trade setup today. One example of using overbought/overextended market using Moving averages to trade it, 2nd example using a common Intra day level used in the market and third example using fibs, entry on the 50% based on previous day high/Low. {image} {image} In the above example we take the bounce of the open of the day. {image} In this example, we waited for the second bear candle to confirm bearish turn in the market, with this setup often one can wait for a second or third confirmation before taking trade to avoid being...
ensale you are good at doing it....................nice trades
atheer1
  • #372
  • Oct 6, 2016 7:12am Oct 6, 2016 7:12am
Attached Image
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ITB - Seeing Orderliness amongst 'Randomness'
  • #373
  • Oct 6, 2016 7:23am Oct 6, 2016 7:23am
Quoting Inthebox
{image}{image}
good my friend
atheer1
  • #374
  • Oct 6, 2016 8:34am Oct 6, 2016 8:34am
Quoting atheer1
{quote} I will be happy if it breaks up...........1.3250 is the main daily R
No power to hold. Wary of tomorrow's USD event.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #375
  • Oct 6, 2016 10:47am Oct 6, 2016 10:47am
Quoting Inthebox
{quote} No power to hold. Wary of tomorrow's USD event. {image}
yes CAD trades very annoying to hold
atheer1
  • #376
  • Oct 6, 2016 10:55am Oct 6, 2016 10:55am
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ITB - Seeing Orderliness amongst 'Randomness'
  • #377
  • Oct 6, 2016 11:25am Oct 6, 2016 11:25am
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atheer1
  • #378
  • Oct 6, 2016 11:43am Oct 6, 2016 11:43am
Quoting atheer1
{image}
Hopefully the same logic that price will drop apply to USDJPY .....
expecting little movement until red news.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #379
  • Oct 6, 2016 2:48pm Oct 6, 2016 2:48pm
Quoting Inthebox
{quote} Hopefully the same logic that price will drop apply to USDJPY ..... expecting little movement until red news. {image}
I am expecting good news for the dollar be careful
atheer1
  • #380
  • Oct 6, 2016 6:21pm Oct 6, 2016 6:21pm
GU spike down
atheer1
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