Price action and pattern trading

[Bio318]

I figured I might too begin a thread showing a couple of items I look for when I wish to open a new trade. To me its the easy approach to exchange with the additional indiors. All reinforcement and criticism is welcome.

[Juudithhh]

Will just proceed SL to the current candle's cheapest value - should be enough for novices, I anticipate a higher closure than 17.70 at the end of trading session. Close over 17.85 - will place a trailing of 30 cents large.
https://www.cliqforex.com/attachments/1519539228957364261.png

[gegury123]

Any forecast for GBP guys? I am so confused, not able to recognize its momentum and fashion

[Juudithhh]

Entry I took 30 mins ago, somewhat higher than it is revealed in the chart.
https://www.cliqforex.com/attachments/1519539230259291036.png

[Juudithhh]

Will just move SL to today's candle's lowest value - ought to be enough for novices, I anticipate a higher closure than 17.70 by the end of trading session. Close above 17.85 - will place a monitoring of 30 pennies large. picture Stopped out - should have placed a monitoring the other night, could still be a reduction though...

[Juudithhh]

https://www.cliqforex.com/attachments/1519539232866148414.png

[Bilbttol]

I Like The Look Of This.. I've Actually Just Started Drawing The Stations Out For My Charts.
Good Luck, I'm Seeing!

[Juudithhh]

image Took profit only now - 400 pips - P/L ratio 2:1. Case closed. Was thinking about trailing it but I want to conclude this week with no places over weekend. Today Eur/usd comes into consideration for the next week's likely entrance. Will post it if it has to do with that

Enjoy the weekend.

[Juudithhh]

quote Took profit only now - 400 pips - P/L ratio 2:1. Case closed. Was thinking about monitoring it but I want to complete this week with no places over weekend. Now Eur/usd comes into focus for the next week's likely entrance. Will post it if it comes to that Enjoy the weekend. As a matter of fact I could put in it tonight before closure, if it stays on current level. Close here would create a perfect Black Cloud Cover pattern, with a profit target of 250 pips and SL of 140 pips. . .will article if I decide for an entrance.

[Juudithhh]

Taken it. SL somewhat higher than normal for dawn star setups, also somewhat premature entrance since there's 1.5 hrs left to this daily candle's close. SL size can be large (180 pips). I dont wish to see the current confirmation candle uttered by a lower close. Close over 1.39 indies I must begin with a monitoring to have the ability to scale out later. Close over the trendline (lower band) increases the probability for the bulls. Target profit is/will be flexible. Looking for 2x potential loss size profit.
https://www.cliqforex.com/attachments/15195392341985189640.png

[Juudithhh]

EUR/USD - does not qualify for my entry.
https://www.cliqforex.com/attachments/15195392361121278731.png

[Juudithhh]

Trades I took on Eur/USD past 6 weeks. Circles is where I had been successful (P = profit at that level), rectangle is where I had been unsuccessful (S = stopped outside ). Pretty choppy action on this pair for the last year which makes it untradeable for me personally (daily candles only). YPY crosses look much better for me in the moment. In this thread there are just two fine entries on GBP/YPY, equally successful. Will keep the thread posted.

Where did my chef Mr. Renas go?
https://www.cliqforex.com/attachments/15195392381546178431.png

[Bio318]

Hey guys. I'm unable to get in the front of my computer to get a few more weeks. I have not forgotten about you guys. Any messages I get I shall reply to after I am back in the front of my pc.

[Bio318]

Seems like its about time to sit up and watch USDJPY very closely. Seems to me like it will be about a 400 pip move. #8203;
https://www.cliqforex.com/attachments/1519539240109950142.png

[Bio318]

This is usdjpy on a 1 hr chart zoomed in a bit more than the previous one. The previous chart was a 4 hr as well. The line was broke with a solid bar and a wonderful close below the line. Seems like its time for shorts
https://www.cliqforex.com/attachments/15195392422131074027.png

[Bio318]

#8203;After the huge move down yesterday price consolidated forming a different triangle. Once the triangle was broken that is my confirmation I'm right. This is a 15 minute chart of the triangle.
https://www.cliqforex.com/attachments/15195392441283310311.png

[Bio318]

Hey all...
So, I have not been around here for quite a while but I am still here. I got away from trading for a while because of some personal problems but I am back and plan on submitting some charts with trades and thoughts I am either considering or taking taking. Any idea or criticism is welcomed.

[Bio318]

I have a few reasons for having this thread. First, it is to help others comprehend the importance of not utilizing a lot of indiors and how simplistic this is. I'm also doing this to help me understand from myself. I have a tendency to screw up pretty bad sometimes once I make a trade and it is usually as a result of insufficient patience. I will observe a currency pair that is looking really good and setting up and have a terrible habit of becoming too soon. Looking for patterns, trend lines and a bit of price action a person could get in a lot of good trades while only getting in on a few bad ones. The good ones nearly always out weigh the bad ones meaning that the profits are much bigger than the losses.

Anyone who has questions on the charts that I article or anything else about the transactions, feel free to ask. I have no issue with others submitting charts too, I simply ask that they aren't filled with indiors because I will not be speaking about just one indior on here. Simply trend lines, price action, and patterns. I will not even use a moving average.

[popeye]

Hello Renasdad! I know the hidden meaning of your charts, because PA trading can also be my primary point of trading! However please, add revenant descriptions with your picture's thus novice traders comprehend actual meaning of your post! Thank you!