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THE only Pattern

  • #1,021
  • Jan 4, 2017 10:14am Jan 4, 2017 10:14am
Quoting atheer1
{quote} Did you take the trade tuty1311?
yes atheer1 but out too fast, thanks brother
  • #1,022
  • Edited 11:00am Jan 4, 2017 10:39am | Edited 11:00am
Quoting tuty1311
{quote} yes atheer1 but out too fast, thanks brother
In contrary to reality...........Fear of the trader is the most at extremes..............In fact it should be the least............that is to say entry at the R/S line combined with extremes of price move is the safest and the less riskiest level to enter..............you enter you put a stop of 10 pip at the next line............If you are wrong the market will tell you by taking your stop an so you are cutting your risk short............and if you are right you have the most rewarding trade in terms of R/R............this attitude can be engraved in the trader mind with some practice...................and that is why most of moving averages cross systems fail badly at some point because of the defect in entry technique most of the trades entries are in the middle when the price revert to the mean leaving the trader with the worst price to enter from.............
atheer1
  • #1,023
  • Jan 4, 2017 11:21am Jan 4, 2017 11:21am
Quoting atheer1
{quote} In contrary to reality...........Fear of the trader is the most at extremes..............In fact it should be the least............that is to say entry at the R/S line combined with extremes of price move is the safest and the less riskiest level to enter..............you enter you put a stop of 10 pip at the next line............If you are wrong the market will tell you by taking your stop an so you are cutting your risk short............and if you are right you have the most rewarding trade in terms of R/R............this attitude can...
Completely agree. 100 percent... with every word.. correct..
It's in fear when people show what they truly value.
  • #1,024
  • Jan 4, 2017 11:36am Jan 4, 2017 11:36am
Quoting atheer1
{quote} In contrary to reality...........Fear of the trader is the most at extremes..............In fact it should be the least............that is to say entry at the R/S line combined with extremes of price move is the safest and the less riskiest level to enter..............you enter you put a stop of 10 pip at the next line............If you are wrong the market will tell you by taking your stop an so you are cutting your risk short............and if you are right you have the most rewarding trade in terms of R/R............this attitude can...
Well said!
  • #1,025
  • Jan 4, 2017 1:26pm Jan 4, 2017 1:26pm
so 117.10 work as anticipated....................

for GU 1.2350 playing the same role................

now waiting for main trend next days
atheer1
  • #1,026
  • Jan 4, 2017 7:31pm Jan 4, 2017 7:31pm
UJ short from 116.70
atheer1
  • #1,027
  • Jan 4, 2017 10:00pm Jan 4, 2017 10:00pm
UJ S at 116.30-40 is pushing it up
atheer1
  • #1,028
  • Edited 10:35pm Jan 4, 2017 10:24pm | Edited 10:35pm
hi my Buddies
Quote
atheer1
i am realy happy my 1st target Passed ff rannking red flag ow
  • #1,029
  • Jan 5, 2017 4:54am Jan 5, 2017 4:54am
SHORT GU from 1.23-1.2310
atheer1
  • #1,030
  • Jan 5, 2017 5:39am Jan 5, 2017 5:39am
Long UJ from 116.50
atheer1
  • #1,031
  • Jan 5, 2017 6:26am Jan 5, 2017 6:26am
Quoting atheer1
SHORT GU from 1.23-1.2310
adding from 1.2320
atheer1
  • #1,032
  • Jan 5, 2017 7:48am Jan 5, 2017 7:48am
giving UJ long a try from 116.................it will not hurt
atheer1
  • #1,033
  • Jan 5, 2017 8:07am Jan 5, 2017 8:07am
GU short from 1.2330
atheer1
  • #1,034
  • Edited 10:39am Jan 5, 2017 10:06am | Edited 10:39am
GU is establishing a daily change in the direction to the up side.................while UJ is doing that down side


UJ long from 116 was good for about 20 pip for me..............GU short from 1.2330 took 10 pips..............
I was out of concentration in NY session ignoring the right direction,it happened to me from time to time in spite of all those years in trading.............Time for some refreshment...............sorry if my calls during that time caused any hurt to any of you............
atheer1
  • #1,035
  • Jan 5, 2017 7:37pm Jan 5, 2017 7:37pm
for scalping, no hurt, either took small profit or BE.

for me, direction of entry depends on the color of at least 1h candle, 4h better. then zoom in to 15m or 5m to enter in the same direction as the anticipation. never take a trade against higher time frame trend based on 1 price action (such as pin bar, engulfing bar etc) of a smaller time frame, take the price action after a HH/HL or LH/LL on the smaller time frame.
  • #1,036
  • Jan 6, 2017 11:44am Jan 6, 2017 11:44am
GU canceled its yesterday up move and back to 1.22-1.23................
UJ almost reverses the move from yesterday....................
so next week will be interesting for both pairs
atheer1
  • #1,037
  • Jan 6, 2017 12:15pm Jan 6, 2017 12:15pm
Good weekend all..
It's in fear when people show what they truly value.
  • #1,038
  • Jan 8, 2017 6:45pm Jan 8, 2017 6:45pm
SHORT UJ 117.30-40............carefull
atheer1
  • #1,039
  • Jan 8, 2017 9:33pm Jan 8, 2017 9:33pm
Quoting atheer1
SHORT UJ 117.30-40............carefull
closed
atheer1
  • #1,040
  • Jan 8, 2017 9:54pm Jan 8, 2017 9:54pm
Quoting atheer1
{quote} closed
buying the same zone till London
atheer1
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