Patterns Observation.

[aliassmith]

When it's boring, it's good money.
Solid horizontal line's TP.
Ranging market, trending market, we eat 'em all.

EURUSDH1 daily anchor trade 13092022.png

EURUSDH1 daily anchor trade 15092022.png

EURUSDH1 daily anchor trade 16092022.png

How much longer will EU hover the parity level? Go up. Go down. Decide. Make a move!

EURUSDDaily markup.png

EURUSDMonthly markup.png

When it's boring, it's good money.


I was talking about that with a guy yesterday. He said man I am making money trading options on xyz but its boring. I told him he was doing it right then.

Yes, everything that we got used to will be boring. Luckily the brain, heart, lung and everything else runs on autopilot. Imagine if it's not and one day you get bored of breathing or pumping the blood and decide "Ok, that's it!"

Hearts and other organs get bored and shut down. I think its called old age.

[Yirbu]

I wasn't able to find one like this for a while.
It keeps going and I already took partials twice.

Price takes out asian high (long red line)
Break of market structure (short red line)
Touches FVG (above short red line)
Sell....

EURUSDM5.png (159.42 KiB) Viewed 1126 times

[aliassmith]

I wasn't able to find one like this for a while.
It keeps going and I already took partials twice.

Price takes out asian high (long red line)
Break of market structure (short red line)
Touches FVG (above short red line)
Sell....


EURUSDM5.png

Nice catch

[Don_xyZ]

Got myself 2 new courses to get rid of the boredom.
Hope MT4/5 will stick around longer than the war, otherwise we'll all have to migrate elsewhere.

I wasn't able to find one like this for a while.
It keeps going and I already took partials twice.

Price takes out asian high (long red line)
Break of market structure (short red line)
Touches FVG (above short red line)
Sell....


EURUSDM5.png

It's always a good feeling to get that much right before the weekend

[Don_xyZ]

Black solid horizontal lines are TP.

US30M5 2 daily anchor trades excluding regular scalp.png (64.79 KiB) Viewed 1048 times

As for EU... black solid horizontal line is TP.

EURUSDM5 repetition.png (65.46 KiB) Viewed 1048 times

EURUSDDaily looks familiar.png (60.64 KiB) Viewed 1048 times

Just a repetition, nothing new under the sun. I posted the precedence for this trade after the big bad red appeared on D1 here:

post154857#p154857

The play is similar to the others that I already posted months ago. Sometimes you play daily anchor, other times you play a bigger anchor trade. The key is to know when to switch from the daily anchor to the bigger one by having the big tf as your backbone. Again, nothing new. Just a reminder in case you lose focus from dealing with the scalps along the way. If there is a strong case, you switch. If not, go on with the regular scalp and daily anchor trade.

That's all there is to it.

[Yirbu]

Black solid horizontal lines are TP.

US30M5 2 daily anchor trades excluding regular scalp.png

As for EU... black solid horizontal line is TP.

EURUSDM5 repetition.png

EURUSDDaily looks familiar.png

Just a repetition, nothing new under the sun. I posted the precedence for this trade after the big bad red appeared on D1 here:

post154857#p154857

The play is similar to the others that I already posted months ago. Sometimes you play daily anchor, other times you play a bigger anchor trade. The key is to know when to switch from the daily anchor to the bigger one by having the big tf as your backbone. Again, nothing new. Just a reminder in case you lose focus from dealing with the scalps along the way. If there is a strong case, you switch. If not, go on with the regular scalp and daily anchor trade.

That's all there is to it.

I am trying to understand the 2nd US30 trade.
Did you choose that level because of the orderblock/Supply level from the day before?

[Yirbu]

I'm in this trade now where I could see the Asias high was taken out just before Frankfurt
A second push up didn't manage to make a new high.

On the H1 I could see an (nearly) inside bar was created (it is also a pin bar)
On the m1 I did see a break of market structure. (red line also right below the pin bar)
FVG was created and touched (grey area)
Short...(would be at the same level I would take the deadhorse m5 short)

Just closed half and will see where the rest goes.

...would this be a proper setup according to your book? It feels a bit as if I was cheating with bending some rules.

EURUSD.jpg (220.47 KiB) Viewed 971 times

[Don_xyZ]

Black solid horizontal lines are TP.

US30M5 2 daily anchor trades excluding regular scalp.png

As for EU... black solid horizontal line is TP.

EURUSDM5 repetition.png

EURUSDDaily looks familiar.png

Just a repetition, nothing new under the sun. I posted the precedence for this trade after the big bad red appeared on D1 here:

post154857#p154857

The play is similar to the others that I already posted months ago. Sometimes you play daily anchor, other times you play a bigger anchor trade. The key is to know when to switch from the daily anchor to the bigger one by having the big tf as your backbone. Again, nothing new. Just a reminder in case you lose focus from dealing with the scalps along the way. If there is a strong case, you switch. If not, go on with the regular scalp and daily anchor trade.

That's all there is to it.

I am trying to understand the 2nd US30 trade.
Did you choose that level because of the orderblock/Supply level from the day before?

The TP from the 1st trade, yes. But for the reason behind the 2nd trade, no. It was a daily anchor play from M1. Well, both of them were taken off M1, I just forgot to put the M1 chart. My bad.

[Yirbu]

The TP from the 1st trade, yes. But for the reason behind the 2nd trade, no. It was a daily anchor play from M1. Well, both of them were taken off M1, I just forgot to put the M1 chart. My bad.

Yes, I could see the logical TP level but not why you choose that exact level to initiate trade #2.
I can't see anything on the h1 or other TF.
Don't worry about the M1...I know you like to enter off the m1. I'm already very happy to get an insight in your trades.

[Don_xyZ]

I'm in this trade now where I could see the Asias high was taken out just before Frankfurt
A second push up didn't manage to make a new high.

On the H1 I could see an (nearly) inside bar was created (it is also a pin bar)
On the m1 I did see a break of market structure. (red line also right below the pin bar)
FVG was created and touched (grey area)
Short...(would be at the same level I would take the deadhorse m5 short)

Just closed half and will see where the rest goes.

...would this be a proper setup according to your book? It feels a bit as if I was cheating with bending some rules.

EURUSD.jpg

Depends, which play you're talking about.

If it's the daily anchor then no. I would've taken the 2nd pinbar after the price dropped off the top during the 11th hour. If you want to talk about FVG then it also falls right inside it, coincidentally. Reason I never FVG is, it's late. My entry is almost always ahead of FVG's entry. But I like FVG because then I know everyone will be pushing the price toward my profit even faster

edit: I have since moved my kill zone from starting from 09:00 to 10:00 when I use M1. However, when I use M5 then I will stick to starting from 09:00.