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THE only Pattern

  • #1,921
  • May 27, 2017 10:01am May 27, 2017 10:01am
Quoting bistolis
amazing documentaries. thanks for sharing will keep me busy during these days
welcome.
It's in fear when people show what they truly value.
  • #1,922
  • May 27, 2017 11:00am May 27, 2017 11:00am
Quoting ensale
{quote} Do you remember his name? If not, difficult, will think. FYI: Another one I really like is the big short, That's a god one. Many people know and respect paul tudor jones, this rare doc from when he was young is also difficult to find : here is the link, password is "view"find, https://vimeo.com/13411334 Trading legend: Paul Jones.
Very nice documentaries, the one I referred to is about an asian trader who also lives in asia, I really can't remember too much from it, I saw it some time ago.

It's basicly about him, trading on his own, he made alot of money but yet he lives an extremely cheap lifestyle, he doesn't buy a fancy house and car etc.
  • #1,923
  • May 30, 2017 12:57am May 30, 2017 12:57am
I am sorry to interrupt the thread process, but i am really surprised how people can take some dead simple method (THE only Pattern) and instead to learn to trade it, they add complexity to it. Only the simplest methods work long term, because real life itself adds complexity. Imagine you had a bad week at work or with your friends, you had a soulmate going, you were sick and not focused, you are in bad mood or somebody is distracting you from trading. If you are not trading something very simple, you will get confused and start making mistakes. You will deviate for sure. You need simple method to execute without thinking like a robot. And here it is! Atheer gave it to you.
But that is not all. The main reason why a system should be simple is, that it shouldnt distract you from the thing which will make you profitable. And that thing is your ability to recognize developing momentum in real time.

TRD
  • #1,924
  • Edited 3:28am May 30, 2017 2:21am | Edited 3:28am
10 pips on GJ 5 mins ago

very shy entry
Attached Image


ps: 1 hour later
needless to say that I should pay more attention to where the better price levels are, if not for the reason that 10p on GJ is pathetic considering its daily range
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  • #1,925
  • May 30, 2017 5:08am May 30, 2017 5:08am
Quoting TheRealDeal
I am sorry to interrupt the thread process, but i am really surprised how people can take some dead simple method (THE only Pattern) and instead to learn to trade it, they add complexity to it. Only the simplest methods work long term, because real life itself adds complexity. Imagine you had a bad week at work or with your friends, you had a soulmate going, you were sick and not focused, you are in bad mood or somebody is distracting you from trading. If you are not trading something very simple, you will get confused and start making mistakes....
I agree completely, however I think it's only natural that people will give the system their own little twist, wether that is a good or bad thing is based on the traders experience.

Since I joined this thread I used the method of Atheer combined with my own setups, I only look at setups that I recognize to be succesfull.

I like that you mentioned having bad moments that could make you stop thinking clearly, this is the exact reason why I think a simple technical analyses method is the best system to have. The method of Atheer being a perfect example.

Greets.
  • #1,926
  • May 30, 2017 8:13am May 30, 2017 8:13am
Quoting Tyross
Hi guys Very good thread... ! Hi Ensale! I'm sorry for your mp.... my message box was not working. With Chrome, it works. And i saw many old mp that i had no answered. Really sorry. I hope you're fine Just an idea on your chart m5. On mine, it's m5 with H4 level and ichimoku H4. To my mind, price on m5 is too far from the components of ichimoku H4. Pullback on support. {image}
Ichimoku and price action....two old friends....

gbp jpy-m5 (ichimoku H4 on chart)

Attached Image (click to enlarge)
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Dax only.
  • #1,927
  • May 30, 2017 9:01am May 30, 2017 9:01am
Quoting Tyross
{quote} Ichimoku and price action....two old friends.... gbp jpy-m5 (ichimoku H4 on chart) {image}
Attached Image (click to enlarge)
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Since I remember you being pretty good on ab-cd's (natural market move) why do we rarely see the one on the right?
It's in fear when people show what they truly value.
  • #1,928
  • May 30, 2017 9:12am May 30, 2017 9:12am
...because you need a time machine for the second movement )
Dax only.
  • #1,929
  • May 30, 2017 9:16am May 30, 2017 9:16am
Quoting Tyross
...because you need a time machine for the second movement )
haha...
It's in fear when people show what they truly value.
  • #1,930
  • May 30, 2017 9:48am May 30, 2017 9:48am
Quoting ensale
{quote} haha...

I know you have undersand, Ensale. I post a chart for the others. It was a very good question.

Attached Image (click to enlarge)
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Dax only.
  • #1,931
  • May 30, 2017 9:52am May 30, 2017 9:52am
you make things far tooooo complicated...
trading is like dancing, don't think and just listen to the music!
  • #1,932
  • May 30, 2017 9:54am May 30, 2017 9:54am
Quoting Tyross
...because you need a time machine for the second movement )
Even in quiet market time's like yesterday (bank hols), ab-cd works well. with the OP too..

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..

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..

my view with guppies of course... Just a setup I like, and improved my OP trading.
It's in fear when people show what they truly value.
  • #1,933
  • May 30, 2017 9:58am May 30, 2017 9:58am
Quoting birdland
you make things far tooooo complicated...
It can be the case, sorry not my purpose, Just show, what help me get better setup's, and reading Price action movement's.. it worked for me to read it better.
It's in fear when people show what they truly value.
  • #1,934
  • May 30, 2017 10:08am May 30, 2017 10:08am
Quoting Tyross
{quote} I know you have undersand, Ensale. I post a chart for the others. It was a very good question. {image}
you actually right, Usually it would be an impulsive move , market doesn't move without pullbacks right, LoL, impossible.

Thanks for perspective.
It's in fear when people show what they truly value.
  • #1,935
  • May 30, 2017 7:48pm May 30, 2017 7:48pm
Sell EU from 1.1180_90
atheer1
  • #1,936
  • May 31, 2017 2:17am May 31, 2017 2:17am
Quoting atheer1
Sell EU from 1.1180_90
looks good...thx!
trading is like dancing, don't think and just listen to the music!
  • #1,937
  • May 31, 2017 3:51am May 31, 2017 3:51am
i took also short, but stopped out, so i took long after rejection of prev lows.
Higher prices are rejected now..so likely to go down
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  • #1,938
  • May 31, 2017 3:56am May 31, 2017 3:56am
Quoting TheRealDeal
i took also short, but stopped out, so i took long after rejection of prev lows. Higher prices are rejected now..so likely to go down {image}
great. I have difficulties to reverse like that

i need more mental training
  • #1,939
  • May 31, 2017 4:13am May 31, 2017 4:13am
Quoting bistolis
{quote} great. I have difficulties to reverse like that i need more mental training
you HAVE TO. Otherwise you are dead
Just set an area as important and you can trade both directions depending on what price wants
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  • #1,940
  • May 31, 2017 4:26am May 31, 2017 4:26am
Quoting TheRealDeal
{quote} you HAVE TO. Otherwise you are dead Just set an area as important and you can trade both directions depending on what price wants {image}
Took a 4 pips loss, so long (wont spamm more, just to show my point)
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