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- caireono replied Feb 11, 2008
Does not hit the tp 30pip, Close with 9pip proft, when NSPAT is formed.
KAS37 Trading System
- caireono replied Feb 11, 2008
Finally GBPAT2 is formed. Trade taken at 207.154.
KAS37 Trading System
- caireono replied Feb 11, 2008
Now, the non-favourite BBPAT1 has formed. TRADE IS NOT TAKEN. Waiting for GBPAT2 to form.
KAS37 Trading System
- caireono replied Feb 11, 2008
Referring to the chart, I have observed many time how good the GSPAT1 is, if I were to trail the profit. Even though I like to take profit early, maybe I will consider to 'let the profit runs', in case of GSPAT1 (after locking to BE) - with TP ...
KAS37 Trading System
- caireono replied Feb 11, 2008
Next Clue : 1) There is contraction in BB, downward. 2) Then, there is wider BB, downward. Waiting for BBPAT1 (if the stoch cross first, then RSI cross), then GBPAT2 (same stoch cross first, then RSI cross, except higher).
KAS37 Trading System
- caireono replied Feb 11, 2008
A broken lower bb, with close of candle below the lower bb is a bad sign, if we have a buy position. So, close the bad trade at -20 pip. The presumed Range Trading is wrong - need to have more observation, for the 'RANGE' to be properly defined.
KAS37 Trading System
- caireono replied Feb 11, 2008
Attached is the latest chart. 2 lot of SELL were taken at 208.52, but because it is normal sell pattern (NSPAT), not strong, put a TP of 9 pip each. Both TP were hit = total 18 pips. Later, RSI cross up first followed by Stoch cross up, indicating ...
KAS37 Trading System
- caireono replied Feb 11, 2008
Attached is so far today's activities, 1) First left arrow, should have taken earlier, but taken later - a bad trade is a bad trade, so close with loss at -20 pip, around the cross of SMA3/7 downwards. 2) Second arrow, it is just a normal buy ...
KAS37 Trading System
- caireono replied Feb 10, 2008
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KAS37 Trading System
- caireono replied Feb 10, 2008
I believe, entry at this level (209.268) is quite far from 'supposed' entry point, I am surprised at the 'spread' - , it should be around 209.00 to 209.10. So, what I would do, is to take any profit that I can get.
KAS37 Trading System
- caireono replied Feb 10, 2008
Just wake up. True enough, GBPAT1 happened, first left arrow. The second arrow on the right shows GBPAT3. Entry taken at 209.268 with SL 208.81.
KAS37 Trading System
- caireono replied Feb 10, 2008
Next Clue : Waiting for GBPAT1 to happen - look at current chart. Dont know whether I am awake or not - it is 4:37am my country time - time to sleep (should have slept 4 hrs ago)
KAS37 Trading System
- caireono replied Feb 10, 2008
The BSPAT1 and GSPAT2 (Bad Sell Pattern 1 and Good Sell Pattern 2). 2 Charts are shown, the left arrow is BSPAT1, the right arrow is GSPAT2 BSPAT1 Description : 1) Previously, there has been narrower BB, then Wider BB pointing up. 2) Then, the Sell ...
KAS37 Trading System
- caireono replied Feb 10, 2008
The GSPAT1 - The Good Sell Pattern #1. GSPAT1 Description: 1) Previously, there has been narrower BB pointing Down, 2) Then, a wider BB formed, either making the BB horizontal or pointing up a bit. 3) Then, SELL SIGNAL trigger - for SELL signal, I ...
KAS37 Trading System
- caireono replied Feb 10, 2008
The BBPAT3. BBPAT3 Description : 1) There has been, pointing down BB, then Up or horizontal BB, then downward BB, 2) Then, BUY Signal trigger. This is where I got hit by SL in 8 February 2008.
KAS37 Trading System
- caireono replied Feb 10, 2008
BBPAT2. BBPAT2 Description : 1) The price currently is in narrowing of BB, and BB is pointing down, 2) The, BUY SIGNAL trigger.
KAS37 Trading System
- caireono replied Feb 10, 2008
My Favourite GBPAT3. Note, this PATTERN, always happen and easily RECOGNIZED. GBPAT3 Description : 1) Previously, there has been Wider BB pointing up, 2) Then, there is a slight contraction in BB, either pointing down or horizontal, 3) Then, the BUY ...
KAS37 Trading System
- caireono replied Feb 10, 2008
The BBPAT1 and GBPAT2. Referring to attached charts (2 charts), the first arrow(left) is the BBPAT1 and the second arrow (right) is the GBPAT2 BBPAT1 Description: 1) Previously there has been a Narrow BB pointing down, 2) Then, there is Wider BB ...
KAS37 Trading System