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THE only Pattern

  • #1,861
  • May 25, 2017 7:41am May 25, 2017 7:41am
Quoting stevepatt
{quote} GBP/JPY H1 Observations Let Price Lead and just follow... {image}

GBP/JPY H1/M1 Short Trade

Sometimes the Market has to up before it can go down...
Attached Image (click to enlarge)
Click to Enlarge Name: 25th May 17 GBP:JPY H1:M1 Short Trade 3.png Size: 143 KB
  • #1,862
  • May 25, 2017 8:16am May 25, 2017 8:16am
Quoting stevepatt
{quote} GBP/JPY H1/M1 Short Trade Sometimes the Market has to up before it can go down... {image}
How do you know if there's more sellers up there?

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-05-25_17-18.jpg Size: 402 KB
Blindly following others will make you blind!
  • #1,863
  • May 25, 2017 8:17am May 25, 2017 8:17am
Quoting stevepatt
{quote} GBP/JPY H1/M1 Short Trade Sometimes the Market has to up before it can go down... {image}
GBP/JPY Short Trade Result

BE +1 Pip

I wanted more than the Market was prepared to pay...

I'm going to stand aside and let the Market do it's thing for the rest of the day.

Come back tomorrow and look for the new perspective...
Attached Image (click to enlarge)
Click to Enlarge Name: 25th May 17 GBP:JPY H1:M1 Short Trade Result 2.png Size: 138 KB
  • #1,864
  • May 25, 2017 9:05am May 25, 2017 9:05am
Quoting stevepatt
{quote} GBP/JPY Short Trade Result BE +1 Pip I wanted more than the Market was prepared to pay... I'm going to stand aside and let the Market do it's thing for the rest of the day. Come back tomorrow and look for the new perspective... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-05-25_16h49_46.png Size: 89 KB


market offered more..



very valuable posts and trading by steve,, gold nuggets..
It's in fear when people show what they truly value.
  • #1,865
  • May 25, 2017 9:18am May 25, 2017 9:18am
Quoting Georgebaker
{quote} How do you know if there's more sellers up there? {image}
Hi George,

When I took the second Short from 144.900 it came down to Gut Felling - Experience - Luck

On H1 look for Candles that Transition from Buying to Selling - Selling to Buying

Sell from where "they" were Buying

Buy from where "they" were Selling
Attached Image (click to enlarge)
Click to Enlarge Name: 25th May 17 GBP:JPY H1 Observations.png Size: 157 KB
  • #1,866
  • May 25, 2017 9:23am May 25, 2017 9:23am
I got chopped up in cable today. between 2950 and 2960
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
  • #1,867
  • May 25, 2017 9:24am May 25, 2017 9:24am
Quoting fisheggs
I got chopped up in cable today. between 2950 and 2960
Show the trades if possible.
It's in fear when people show what they truly value.
  • #1,868
  • May 25, 2017 9:36am May 25, 2017 9:36am
Quoting ensale
{quote} Show the trades if possible.
I really should not have traded in between the zones and I'm responsible for it ultimately. I was doing really well this week too.

Attached Image (click to enlarge)
Click to Enlarge Name: GPBUSD m1 stops.PNG Size: 49 KB
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
  • #1,869
  • May 25, 2017 9:41am May 25, 2017 9:41am
Quoting fisheggs
{quote} I really should not have traded in between the zones and I'm responsible for it ultimately. {image}
Thanks for showing.. it help's..

Losing trade's more then anything help us improve..
It's in fear when people show what they truly value.
  • #1,870
  • May 25, 2017 9:54am May 25, 2017 9:54am
Quoting stevepatt
{quote} Hi George, When I took the second Short from 144.900 it came down to Gut Felling - Experience - Luck On H1 look for Candles that Transition from Buying to Selling - Selling to Buying Sell from where "they" were Buying Buy from where "they" were Selling {image}
Thanks Steve, trying to grab everything you're telling and do on the charts
Blindly following others will make you blind!
  • #1,871
  • May 25, 2017 12:47pm May 25, 2017 12:47pm
I know it is hindsight, and i am trying to recognize the behaviour of price while it is happening
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 108 KB


if it doesnt go your way you dont really need a big SL , cut it and try with a new perspective
  • #1,872
  • May 25, 2017 1:23pm May 25, 2017 1:23pm
actually I would even try with previous areas
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 161 KB


and it is a 20 pip range actually, due to holiday i suppose, personally i would like to see bigger high-low distance, or you can actually base your decisions to buy sell with 5p sl an targeting the other side or just 10 pips
  • #1,873
  • May 25, 2017 3:02pm May 25, 2017 3:02pm
Ranging market this week
atheer1
  • #1,874
  • May 25, 2017 7:34pm May 25, 2017 7:34pm
GU drops during Asian session breaking out its narrow range this week...............

Next S............... 1.2850...............1.2820-30.................1.2770

Glad to have some shorts
atheer1
  • #1,875
  • May 25, 2017 8:11pm May 25, 2017 8:11pm
UJ 111.50 is the edge between bulls and bears
atheer1
  • #1,876
  • May 25, 2017 9:53pm May 25, 2017 9:53pm
GBP/JPY H1 Observations

Looking for a PullBack to previous Buying Anticipating resumed Selling...

I'm not trying to predict Price I just follow where it leads me...
Attached Image (click to enlarge)
Click to Enlarge Name: 26th May 17 GBP:JPY H1 Observations.png Size: 134 KB
  • #1,877
  • May 25, 2017 11:02pm May 25, 2017 11:02pm
Quoting stevepatt
GBP/JPY H1 Observations Looking for a PullBack to previous Buying Anticipating resumed Selling... I'm not trying to predict Price I just follow where it leads me... {image}
GBP/JPY M1 Observations

The Market is dynamic and we have to move with Price
Attached Image (click to enlarge)
Click to Enlarge Name: 26th May 17 GBP:JPY M1 Observations.png Size: 127 KB
  • #1,878
  • May 25, 2017 11:29pm May 25, 2017 11:29pm
Quoting stevepatt
{quote} GBP/JPY M1 Observations The Market is dynamic and we have to move with Price {image}
GBP/JPY H1 Observations

I'm not going to jump in front of a rolling train until I see signs of it applying the brakes...
Attached Image (click to enlarge)
Click to Enlarge Name: 26th May 17 GBP:JPY H1 Observations 2.png Size: 132 KB
  • #1,879
  • May 26, 2017 1:34am May 26, 2017 1:34am
Quoting stevepatt
{quote} GBP/JPY M1 Observations The Market is dynamic and we have to move with Price {image}
Hi Steve,

Saw a similar in cable H1 M1

H1
Attached Image (click to enlarge)
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M1
Attached Image (click to enlarge)
Click to Enlarge Name: Cable m1.PNG Size: 61 KB
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
  • #1,880
  • May 26, 2017 2:26am May 26, 2017 2:26am
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-05-26_10h12_14.png Size: 38 KB


Can you make some comment's as what you see happening on this chart?

Anyone welcome. I just want to see what Price action other's are noting around the zones.

Will post what I see later.
It's in fear when people show what they truly value.
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