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- caireono replied Feb 14, 2008
A mistaken BBPAT1. Sorry, it is actually a GBPAT4. Now, waiting for GBPAT7 for entry.
KAS37 Trading System
- caireono replied Feb 14, 2008
Took entry sell at GSPAT3 and close at 6pip profit - need to go to toilet. The zig zag is just for reference only.
KAS37 Trading System
- caireono replied Feb 14, 2008
During out of screen, these are more accurate patterns, seems got the rythm correct already, one think noticeable, GBPAT5 always give the biggest move in its cycle.
KAS37 Trading System
- caireono replied Feb 13, 2008
I believe then, attached chart shows more accurate name for all the patterns so far. All depend on Range and shape downward/upward of BB.
KAS37 Trading System
- caireono replied Feb 13, 2008
If GBPAT7 does not happen, waiting for GSPAT4 around here.
KAS37 Trading System
- caireono replied Feb 13, 2008
Entry at GBPAT4, close with 20pip profit. Now, waiting for GBPAT7.
KAS37 Trading System
- caireono replied Feb 13, 2008
Hey bksujal, good entry it is a pattern I call, GSPAT2 (Good Sell Pattern #2, and not much movement)
KAS37 Trading System
- caireono replied Feb 13, 2008
Looks like BBPAT3 is about to form around here, for BBPAT3 to be real, the mid BB must show a bit more downtrend, for info.
KAS37 Trading System
- caireono replied Feb 13, 2008
Total Pips today = 122pips. Yesterday = 8pips Don't know whether want to trade or not. Possibly start fresh tomorrow. I've been digging my mind to study those 'PATTERN RECOGNITION'. Now, by using the PATTERNs, my trade last longer, next pattern can ...
KAS37 Trading System
- caireono replied Feb 13, 2008
Now, BSPAT1 if forming, if price breaks above the last swing high for more than 10 pips then, waiting for GSPAT4 (big move), if it's not, then it will be GSPAT2 (smaller move)
KAS37 Trading System
- caireono replied Feb 13, 2008
Decided to close here at 100pip profit (dont follow the plan of looking for GSPAT4 - i want the profit now, it is too much already!). So far, this is by far the most profitable trade that I have taken, by following ALL my new PATTERN RECOGNITION.
KAS37 Trading System
- caireono replied Feb 13, 2008
Nope, BSPAT1 is not formed there, now my profit at 100-110 pips!
KAS37 Trading System
- caireono replied Feb 13, 2008
I expect BSPAT1 to be formed here, then either the GSPAT2 or GSPAT4 is formed later, in which, the position that I will close.
KAS37 Trading System
- caireono replied Feb 13, 2008
Now, at 70-80 pip profit, will only close when I see GSPAT4 is formed.
KAS37 Trading System
- caireono replied Feb 13, 2008
Now, my profit is at 20-30 pip. I will close it whenever GSPAT4 appears. So far GBPAT5 and GBPAT6 have formed.
KAS37 Trading System
- caireono replied Feb 13, 2008
Hi Shiva, Thanks for your template, hope it helps others. It's cool.
KAS37 Trading System
- caireono replied Feb 13, 2008
If GBPAT5 is not formed around here, will close, if it does form, will continue trailing the profit.
KAS37 Trading System