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THE only Pattern

  • #1,321
  • Apr 7, 2017 10:30am Apr 7, 2017 10:30am
Good Weekend Traders..
It's in fear when people show what they truly value.
  • #1,322
  • Apr 7, 2017 10:36am Apr 7, 2017 10:36am
Quoting birdland
{quote} very good trade! more than +55 pips! may i ask you why you make multiple orders instead of one order?
sometimes I have to exit at different levels..............so I was prepared to that scenario
atheer1
  • #1,323
  • Apr 7, 2017 10:40am Apr 7, 2017 10:40am
Quoting JvD3
{quote} Hi Atheer, what are your trading hours btw? I noticed your trades are spread all over a 24H period, do you use alarms or something?
when I have spare time to trade...........and the opportunity there I trade.........and that is why I don't trade the same time everyday
atheer1
  • #1,324
  • Apr 7, 2017 10:43am Apr 7, 2017 10:43am
Quoting birdland
had some small losses before with UC ( -3, -5) but now +31 with GJ and done for the day (risk -6) GJ is a cross, but i saw big S at the GU 1.2450 so i took the trade {image}
keep up the good work my friend
atheer1
  • #1,325
  • Apr 7, 2017 1:24pm Apr 7, 2017 1:24pm
UJ tested the monthly S 110-110.10 and goes up so next weeks may continue up.................GU may end 5 months consolidation and trade below 1.20 this month
atheer1
  • #1,326
  • Apr 8, 2017 6:45am Apr 8, 2017 6:45am
Quoting atheer1
UJ tested the monthly S 110-110.10 and goes up so next weeks may continue up.................GU may end 5 months consolidation and trade below 1.20 this month
sounds logic and i agree with the analysis for next week.
thx for clarification with the mulitple orders...a good idea to split for some scalpings.
trading is like dancing, don't think and just listen to the music!
  • #1,327
  • Apr 10, 2017 6:39am Apr 10, 2017 6:39am
I mentioned previously a session open technique with the only pattern (well the only pattern you need if you master it), here is a EURCAD example. birdland recent posts motivateD me to post this.. I have taken many trades like this and it's worth the time to study it.

If your a scalper I would recommend risking 1/4 percent per trade and achieving 30 R, that would return 7.5 percent return. I am not saying you can do that everyday but once a week or a month, that would give quite the boost to your account.

Anyway food for thought, chart below:

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-10_12h23_47.png Size: 94 KB
It's in fear when people show what they truly value.
  • #1,328
  • Apr 10, 2017 9:49am Apr 10, 2017 9:49am
The market said "hey more examples for you"... great market today.. (you don't need big moves for nice market)..

USD/CAD
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-10_14h19_47.png Size: 154 KB


NZD/USD
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-10_15h03_27.png Size: 147 KB


W or double bottom in price with this setup. session open entry,

GBPUSD.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-10_15h03_52.png Size: 125 KB


Market order entry with the above example, stop below Blue bar or mid bar for momentum entry..
It's in fear when people show what they truly value.
  • #1,329
  • Apr 10, 2017 10:03am Apr 10, 2017 10:03am
Quoting ensale
The market said "hey more examples for you"... great market today.. (you don't need big moves for nice market).. USD/CAD {image} NZD/USD {image} W or double bottom in price with this setup. session open entry, GBPUSD. {image} Market order entry with the above example, stop below Blue bar or mid bar for momentum entry..
With today's range I only got in on UCad, GU as you mentioned had been playing around a Big Round Number ever since this morning so I had to pass on that one.

However UCad played out beautifully!

What is your top 3 pairs if I may ask? Greets
  • #1,330
  • Apr 10, 2017 10:29am Apr 10, 2017 10:29am
ensale do you everytime aim for such a high risk reward with the session strategy?
Everyday better.
  • #1,331
  • Apr 10, 2017 10:32am Apr 10, 2017 10:32am
Quoting JvD3
{quote} With today's range I only got in on UCad, GU as you mentioned had been playing around a Big Round Number ever since this morning so I had to pass on that one. However UCad played out beautifully! What is your top 3 pairs if I may ask? Greets
Tough question, as it depends..

But gbpjpy, gbpaud, eurcad or eurnzd, depending on which euro is more active.
It's in fear when people show what they truly value.
  • #1,332
  • Apr 10, 2017 10:48am Apr 10, 2017 10:48am
Quoting arlucad
ensale do you everytime aim for such a high risk reward with the session strategy?
No. I think 1/3 and 1/5 more consistently achievable however when the opportunity is there to let profits run+ the discipline then why limit it.
It's in fear when people show what they truly value.
  • #1,333
  • Apr 10, 2017 10:58am Apr 10, 2017 10:58am
sell GU from 1.2420-30
atheer1
  • #1,334
  • Apr 10, 2017 11:03am Apr 10, 2017 11:03am
buy UJ from 110.80-90
atheer1
  • #1,335
  • Apr 11, 2017 1:34am Apr 11, 2017 1:34am
EUR/CAD
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-11_06h11_08.png Size: 73 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-11_06h26_08.png Size: 62 KB
It's in fear when people show what they truly value.
  • #1,336
  • Apr 11, 2017 1:36am Apr 11, 2017 1:36am
nice one!

try to learn the setup
Everyday better.
  • #1,337
  • Apr 11, 2017 1:44am Apr 11, 2017 1:44am
Here's how to setup the 127.2 fibs because you will not have them on your MT4 platform ... They want you to go for the 161.8 while they take profit after it reaches the 127.2,,,

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-11_06h41_50.png Size: 65 KB
It's in fear when people show what they truly value.
  • #1,338
  • Apr 11, 2017 1:45am Apr 11, 2017 1:45am
Quoting ensale
EUR/CAD {image} {image}
eur/cad trade setup is off the open of the week, price and setup came of that.
It's in fear when people show what they truly value.
  • #1,339
  • Apr 11, 2017 2:00am Apr 11, 2017 2:00am
For those that like the DAX. Good mover and often gaps. We often see this setup. (normally a better candle setup on the open too)

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-11_07h52_59.png Size: 80 KB
It's in fear when people show what they truly value.
  • #1,340
  • Apr 11, 2017 2:11am Apr 11, 2017 2:11am
buy UJ from a round 110.50
atheer1
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