Up and under price pattern | Page 45 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Price pattern scanner where I choose the pattern 4 replies

Price Pattern Notifications/Trend Alert Price Action Scanner 7 replies

Price Action and Chart Pattern Trading 5 replies

Am i under under-capitalized? 6 replies

Price action pattern, and random thoughts 6 replies

Attachments: Up and under price pattern
Exit Attachments

Up and under price pattern

  • #881
  • Nov 17, 2016 1:30am Nov 17, 2016 1:30am
anybody seeing Gpb/jpy? that looks like a up under pattern to me
  • #882
  • Nov 17, 2016 1:50am Nov 17, 2016 1:50am
Quoting cyguy
anybody seeing Gpb/jpy? that looks like a up under pattern to me
Looks like a one for me
Attached Image (click to enlarge)
Click to Enlarge Name: 105-11-17_1549_GJ_15M.png Size: 21 KB
  • #883
  • Nov 17, 2016 2:09am Nov 17, 2016 2:09am
Quoting FX5Star
{quote} is this a up under pattern? Can you mark the label please so we can see the entry?
not exactly
It was a lean supply/decision point level to drop the price down

cygy &FX5Star
Well spotted but stop is a bit too wide for my preferences ,50+ pips.

GBP news in 1h can push the price up to that level and then it may drop with the help of JPY (just a scenario)
  • #884
  • Nov 17, 2016 2:26am Nov 17, 2016 2:26am
Quoting FX5Star
{quote} Looks like a one for me{image}
well there goes that one... lol
  • #885
  • Nov 17, 2016 4:44am Nov 17, 2016 4:44am
cha ching! 40 pips and im out
  • #886
  • Nov 17, 2016 8:03am Nov 17, 2016 8:03am
By this time, partial already applied

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH1.png Size: 53 KB

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFM15.png Size: 60 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 52 KB
  • #887
  • Edited 8:43am Nov 17, 2016 8:25am | Edited 8:43am
Attached Image (click to enlarge)
Click to Enlarge Name: 12.png Size: 48 KB
  • #888
  • Edited 12:25pm Nov 17, 2016 12:07pm | Edited 12:25pm
Quoting batus
by this time, partial already applied {image} {image} {image}
result as posted earlier :
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH12.png Size: 54 KB

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFM152.png Size: 61 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM302.png Size: 52 KB


snipe of the day :
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM51.png Size: 75 KB

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM52.png Size: 77 KB
  • #889
  • Edited 12:41pm Nov 17, 2016 12:23pm | Edited 12:41pm
COMPRESS + HHLL
Short at upper level

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDM15.png Size: 73 KB

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM5.png Size: 56 KB
  • #890
  • Nov 17, 2016 12:30pm Nov 17, 2016 12:30pm
GBPCAD zone for looking PA
Attached Image (click to enlarge)
Click to Enlarge Name: uo.png Size: 31 KB
  • #891
  • Nov 17, 2016 1:54pm Nov 17, 2016 1:54pm
Batus can you please explain why this QM failed ?
Attached Image (click to enlarge)
Click to Enlarge Name: UC failed QM.JPG Size: 58 KB
"The world is full of nice people... If you can't find one... Be one
  • #892
  • Nov 17, 2016 2:30pm Nov 17, 2016 2:30pm
Quoting batus
{quote} result as posted earlier : {image} {image} {image} snipe of the day : {image} {image}
I had this initial setup and two issues: entered a little bit late and exited too early. over all I was happy with trade
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM30-QM1.png Size: 106 KB
  • #893
  • Nov 17, 2016 3:10pm Nov 17, 2016 3:10pm
Quoting BD-Ninja
Batus can you please explain why this QM failed ? {image}
Failed QM or is it HHLL???
Attached Image (click to enlarge)
Click to Enlarge Name: UC failed QM.JPG Size: 174 KB



Quoting ruma29
{quote} I had this initial setup and two issues: entered a little bit late and exited too early. over all I was happy with trade {image}
Great, it's not about less or more. You have successfully manage your risk. Very good.
  • #894
  • Nov 17, 2016 4:52pm Nov 17, 2016 4:52pm
Quoting batus
{quote} Failed QM or is it HHLL??? {image} {quote} Great, it's not about less or more. You have successfully manage your risk. Very good.
Look Batus's picture , i think the mistake is the H is not a clear swing point H .
  • #895
  • Nov 17, 2016 5:23pm Nov 17, 2016 5:23pm
Hi Batus or any QM masters here,I hope you can help me on this problem.

Yesterday I had one failed trade on EU .
Attached Image (click to enlarge)
Click to Enlarge Name: 105-11-18_0658_eu_long.png Size: 60 KB

The reason i went long is because price went into the weekly demand area and bounce .
I saw market structure changed at 15M time frame which is also a QM setup so i went long on this one .
As you see price only rally a little then dropped. I took full stop on this one.

Then i review the setup and found out there is another opposite setup for sell.
Attached Image (click to enlarge)
Click to Enlarge Name: 105-11-18_0708_EU_SHORT.png Size: 49 KB


This happens to me quite often . How can I chose the right one?
  • #896
  • Nov 17, 2016 7:08pm Nov 17, 2016 7:08pm
Quoting batus
{quote} result as posted earlier : {image} {image} {image} snipe of the day : {image} {image}
those sniper eyes though. @_@
  • #897
  • Nov 18, 2016 8:17am Nov 18, 2016 8:17am
Why HHLL is important?
Why some HHLL just slip a bit?
There is an explanation behind HHLL.
Add some description about chart reading as below:

THE NAKED :
Attached Image (click to enlarge)
Click to Enlarge Name: G4.png Size: 51 KB


BEHIND THE SCENE :
Attached Image (click to enlarge)
Click to Enlarge Name: G1.png Size: 93 KB

Attached Image (click to enlarge)
Click to Enlarge Name: G2.png Size: 61 KB

Attached Image (click to enlarge)
Click to Enlarge Name: G3.png Size: 56 KB
  • #898
  • Nov 18, 2016 11:44am Nov 18, 2016 11:44am
Another chart describing location & importance of HHLL as reversal.

Attached Image (click to enlarge)
Click to Enlarge Name: NZ1.png Size: 66 KB

Attached Image (click to enlarge)
Click to Enlarge Name: NZ2.png Size: 59 KB

Attached Image (click to enlarge)
Click to Enlarge Name: NZ3.png Size: 67 KB

Attached Image (click to enlarge)
Click to Enlarge Name: NZ4.png Size: 69 KB
  • #899
  • Nov 18, 2016 6:08pm Nov 18, 2016 6:08pm
I knew price will go down on GU. But I have drawn the levels wrong. Maybe next time. If only I have put my SL a little higher. @@
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 30 KB
  • #900
  • Edited 8:51pm Nov 18, 2016 8:21pm | Edited 8:51pm
What is so important about HHLL that creates Up & Under setup?
It's all about the BASE.

THANKS TO ALL TRADERS & TRADE WELL

Attached Image (click to enlarge)
Click to Enlarge Name: BASE.png Size: 89 KB


Inserted Video
5 traders viewing now