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Up and under price pattern

  • #841
  • Nov 15, 2016 12:01am Nov 15, 2016 12:01am
Quoting timos
{quote} Hello Fx5Star By big barrier,I mean demand on the left and demand on the left is not engulfed in this case UJ 1h chart {image}
THANKS
  • #842
  • Nov 15, 2016 1:15am Nov 15, 2016 1:15am
Attached Image (click to enlarge)
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  • #843
  • Nov 15, 2016 1:40am Nov 15, 2016 1:40am
Quoting timos
{quote} Hello Fx5Star By big barrier,I mean demand on the left and demand on the left is not engulfed in this case UJ 1h chart {image}
Thank you. Does flags belongs in this classification?
  • #844
  • Nov 15, 2016 1:52am Nov 15, 2016 1:52am
Quoting websmith
{image}
what is mirror level?
Is that come from RTM as well?
I wonder should I go to RTM to study first in order to understand this "up and under price pattern"?
  • #845
  • Nov 15, 2016 2:08am Nov 15, 2016 2:08am
Quoting ruma29
{quote} Thank you. Does flags belongs in this classification?
Yes
Flags hold the price a lot of times.

Attached Image (click to enlarge)
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This is UJ 5m flag,I will wait price there for longs.

If price engulfs that low I will be careful going long
  • #846
  • Nov 15, 2016 2:12am Nov 15, 2016 2:12am
Quoting FX5Star
{quote} what is mirror level? Is that come from RTM as well? I wonder should I go to RTM to study first in order to understand this "up and under price pattern"?
up and under price pattern is called quasi modo there,it is the exact same thing
  • #847
  • Nov 15, 2016 2:29am Nov 15, 2016 2:29am
Quoting timos
{quote} up and under price pattern is called quasi modo there,it is the exact same thing
Thanks. but still not answer the question . what is mirror level?
  • #848
  • Nov 15, 2016 2:33am Nov 15, 2016 2:33am
Quoting FX5Star
{quote} Thanks. but still not answer the question . what is mirror level?
Level which was support and after that became resistance is called mirror level
  • #849
  • Nov 15, 2016 2:34am Nov 15, 2016 2:34am
Quoting FX5Star
{quote} Thanks. but still not answer the question . what is mirror level?
I don't know that. I am sorry
  • #850
  • Nov 15, 2016 2:37am Nov 15, 2016 2:37am
Quoting websmith
{quote} Level which was support and after that became resistance is called mirror level
Thats correct.. SBR and RBS level
Trade since 2006
  • #851
  • Nov 15, 2016 4:10am Nov 15, 2016 4:10am
Attached Image (click to enlarge)
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  • #852
  • Nov 15, 2016 9:15am Nov 15, 2016 9:15am
Quoting ruma29
{image}
in quoted post QM was incomplete, on news price dropped to LL(demand) to continue up...SL reduced educational cost.
  • #853
  • Nov 15, 2016 2:08pm Nov 15, 2016 2:08pm
It require patience although it was hard to follow

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  • #854
  • Edited 11:23pm Nov 15, 2016 9:57pm | Edited 11:23pm
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  • #855
  • Nov 16, 2016 12:05am Nov 16, 2016 12:05am
Quoting websmith
{image} {image}
Attached Image (click to enlarge)
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  • #856
  • Nov 16, 2016 12:56am Nov 16, 2016 12:56am
Quoting batus
{quote} {image}
Thank you very much! I'm waiting for your book impatiently.
  • #857
  • Nov 16, 2016 1:38am Nov 16, 2016 1:38am
AUDUSD
Attached Image (click to enlarge)
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  • #858
  • Nov 16, 2016 1:59am Nov 16, 2016 1:59am
EURUSD ,SL HIT
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  • #859
  • Nov 16, 2016 2:36am Nov 16, 2016 2:36am
Quoting kesterpogz
EURUSD ,SL HIT {image}
Got stopped as well.

The irony is that I had 40 pips profit with 10 pips sl,yet I didn't close it
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  • #860
  • Nov 16, 2016 2:54am Nov 16, 2016 2:54am
Quoting timos
{quote} Got stopped as well. The irony is that I had 40 pips profit with 10 pips sl,yet I didn't close it {image}
Much better than not sticking to the rules, or should have put to BE?
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