Patterns Observation.

[Don_xyZ]

Bias. This is important. If you get it right, you will make money.

Traders take their bias from many different market move. This is a bearish bias:

ScreenHunter 09.png (15.63 KiB) Viewed 1740 times

ScreenHunter 10.png (7.02 KiB) Viewed 1740 times

ScreenHunter 11.png (3.05 KiB) Viewed 1740 times

ScreenHunter 12.png (1.23 KiB) Viewed 1740 times

The only difference between them is the size. The bigger bias is meant to cover a lot of pips the smallest is meant for quick pips. Then again, the smallest can also be used to make a lot of pips. This is where you dance and ride the wave.

[Don_xyZ]

I suspect I am grabbing the ears and missed the tail completely but here are some entries of what I see.
tailNOT.png

That is a good way to make money by watching the retracements and go with the momentum to continue the previous move. But not exactly catching the tail.

hmm I wonder if it's like this, circles are the end of the tail and you seem to like calling the top and bottom / catch the reversal.
topANDbottom.png

This is also good and yes, I like taking the extremes but I also like many different things.

[Don_xyZ]

bias trades.png (217.64 KiB) Viewed 1735 times

Bias signs your confidence. The more bias backing your trade, the more confidence you'd have in entering a trade.

[Don_xyZ]

This is how to catch tails

how to catch a tail.png (115.82 KiB) Viewed 1726 times

edit: I got the idea from TRO's vid. Just gotta mention this. Thanks TRO

[Yirbu]

This is how to catch tails

how to catch a tail.png

edit: I got the idea from TRO's vid. Just gotta mention this. Thanks TRO

I don't see it.
Why and how did you construct these entries?

[Don_xyZ]

Ok, time for some (early) Christmas gifts.

Here are the tails and those are the beasts. You design how to catch 'em (still updating your WIL, right?)

the tail and the beast.png (139.47 KiB) Viewed 1675 times

[Yirbu]

Ok, time for some (early) Christmas gifts.

Here are the tails and those are the beasts. You design how to catch 'em (still updating your WIL, right?)

the tail and the beast.png

Ahhhhhh...now I see. Wow...this is nice.
This feels like Christmas
thx!

(Yes, still updating my WIL )

Immediately tried it (so it sticks better in my head).
First short (yes, I did see that level) and price came back.
Exited and reversed to catch just shy of x6. Price was slowing down and the hourly range was already exceeded so I was ok.

tails.png (179.74 KiB) Viewed 1647 times

btw: Also a big thank you for updating your first page.
It helps when re-reading posts and I see/understand new things every time I re-read posts.

[Don_xyZ]

Ok, time for some (early) Christmas gifts.

Here are the tails and those are the beasts. You design how to catch 'em (still updating your WIL, right?)

the tail and the beast.png

Ahhhhhh...now I see. Wow...this is nice.
This feels like Christmas
thx!

(Yes, still updating my WIL )

Immediately tried it (so it sticks better in my head).
First short (yes, I did see that level) and price came back.
Exited and reversed to catch just shy of x6. Price was slowing down and the hourly range was already exceeded so I was ok.

tails.png

btw: Also a big thank you for updating your first page.
It helps when re-reading posts and I see/understand new things every time I re-read posts.

[Don_xyZ]

Ok, time for some (early) Christmas gifts.

Here are the tails and those are the beasts. You design how to catch 'em (still updating your WIL, right?)

the tail and the beast.png

Ahhhhhh...now I see. Wow...this is nice.
This feels like Christmas
thx!

(Yes, still updating my WIL )

Immediately tried it (so it sticks better in my head).
First short (yes, I did see that level) and price came back.
Exited and reversed to catch just shy of x6. Price was slowing down and the hourly range was already exceeded so I was ok.

tails.png

btw: Also a big thank you for updating your first page.
It helps when re-reading posts and I see/understand new things every time I re-read posts.

Now that you're able to see this

post158822#p158822

You'll be able to see this one as well.

post158807#p158807

And then you'll see more ways to exploit the market. A pro trader knows a lot of things but it's still nowhere near everything. Taking bias like this is one of the simplest ways and it can be expanded into many different branches. Whenever the price move beyond the open price, you can be sure there is "something" moving it. We don't always know what that something is, but at least everyone can see it moving away from the starting point. This is why taking more bias will strengthen your confidence. If you time it right, you can have multiple biases backing your trade's direction. It's a very simple concept but it's worth a lot of money

So then, what if you get bias clash? Now, this is what you must solve. Another good update for the WIL?!

With this, you will never lack a trading opportunity during the day. It's a matter of picking the right one (trade grading).

edit: your bias must be big enough otherwise it's just a price lag.

[Yirbu]

And then you'll see more ways to exploit the market. A pro trader knows a lot of things but it's still nowhere near everything. Taking bias like this is one of the simplest ways and it can be expanded into many different branches. Whenever the price move beyond the open price, you can be sure there is "something" moving it. We don't always know what that something is, but at least everyone can see it moving away from the starting point. This is why taking more bias will strengthen your confidence. If you time it right, you can have multiple biases backing your trade's direction. It's a very simple concept but it's worth a lot of money

So then, what if you get bias clash? Now, this is what you must solve. Another good update for the WIL?!

With this, you will never lack a trading opportunity during the day. It's a matter of picking the right one (trade grading).

edit: your bias must be big enough otherwise it's just a price lag.

Yes I think I see that one too now.
Using it when price is moving is another thing. But indeed, this is something nice for updates.
I also see the sessions in a different way now!