THE only Pattern

Hello Inthebox,

Please I have downloaded the SweetSpot Gold mentioned in Post14 but find it difficult to add or upload it to my MT4.

Someone should please help me on the installation tips.

The setup is clear to me but the indicator that draws these horizontal lines if now my challenge.

Thanks.

You can go to youtube to search for others:

You can change the pips according to the time frame you are on and save to template:

GU next S ZONE FROM 1.2140-1.2150

Gu sold from 1.2190 with tight stop

Grid trading system can also be profitable. I have used this method many times before. But it is preferable to take one trade for one order on the same currency pair.

Looking to short UJ around 105.100?

H1 R

Selling around 105

Selling GBPAUD around 1.6010

GU 1.2150 S in action..............let us see

Add selling USDJPY around 105.20

UJ sell from 105.20

it looks like the whole world bought GU from 1.2150 with me.................

USDjpy crashes, nice play guys,,,

Thank you Inthebox.
 I'll go there right away. 
 
Best regards. 
 

TP

Unexpectedly managed to overcome London Fix n thanks to CNY PMI.

Nice trading there Inthebox.

Can I ask about your strategy on taking multiple positions? Obviously you have some entry requirement as we all do. I usually stick with a fixed SL at the high of my entry as per the original rules. So far I have mixed results with this, can I ask on the above UJ chart, how did you determine what your SL would be and at what point would you consider closing your positions? Are you trading as per atheers method on 1M charts? or based on 1H charts?

I hope you don't mind me asking these questions, I am trying to find a better way for my trading.

Cheers.

I am answering for myself only.
Taking multiple positions is trying to stop my greed/over leverage and trigger happy fingers as there can be more than one H1 SR level.
My SL is when the D1 candle close above the previous candle, ie. 105.50 for UJ (Can be H4 also if SL is too wide). Yes, can be far away but I am on small multiple positions and not much stress.
What I am looking for is consistency. 1% daily profit on $10,000.00 can be $1,000,000.00 in 2 years' time. Ideal of course.

For Atheer's method to work best, I think is that price reaches where H1 and D1 SR level match around the same area. Then go to M1 to look for the usual HH HL ...... for entry. Sometimes when I feel strongly about that level, I just enter when price reaches that level.

Selling GU around 1.2230