Hey there... My understanding is you just want the high (or low) made of the initial rejection to be engulfed.. See chart.. Also in example you will see TP area marked as the first clear supply area which in this case would have been a nice exit.. ...

Up and under price pattern

Ahh 8 in the morning isnt too early here... maybe for you it is Ok then i see what you mean now, so the engulf is not even needed for the trade to be valid.. Yes im finding the stop loss part very tricky.. So many of them seem to need such a tiny ...

Up and under price pattern

USDJPY stopped... yet again should have bought on retest but wanted to wait for a bit more of a runaway before the pullback..gotta learn the hard way i guess image

Up and under price pattern

Here are some possible trades i marked up this moring.. image image image image

Up and under price pattern

Hey Quidsey Just wondering why you took the EU trade in the first place. i cant seem to spot it, i can see a fake out of sorts but no real engulf and a small reaction to that level after the fakeout (maybe i am up too early ) image Would have ...

Up and under price pattern

I agree its a trap so that some smarter money people can get in some orders.. Check out my ideas.. People see a possible place to buy.. They buy on the breakout.. Price quickly retraces so they then want to get out..(if they havent already).. If ...

Up and under price pattern

Was about to post this one up then it just triggered.. image

Up and under price pattern

Yeh seen the pattern before but never honed in on it.. Ill try and study it with you as long as i can The AUDUSD had a nice demand formed at the area with that big candle out away so i liked the look of that.. Same thing on the GBPUSD but this ...

Up and under price pattern

Two trades that triggered today while working.. image image Josh

Up and under price pattern

Lol i like the analogy Yes i agree it is very difficult (if not impossible) to determine what we see.. Some people (and they must for there to be such a market) think the exact opposites all the time so it is very tricky to determine who is right ...

Up and under price pattern

Was just curious as to what you interpretation of why this pattern works... My understanding is that people have buy/sell orders at the low/high..the order gets triggered then quickly reverses in the opposite direction.. A fake out I guess is a ...

Up and under price pattern

Yeh saw that one as well but dont like it soo much.. Looks like it may have been retested already (although it never really broke away much). image

Up and under price pattern

Hey Quidsey Possible setup here on EURUSD... image Josh

Up and under price pattern

No dramas hope it helps with your learning

Trading Made Simple

Hey there, If you wanted to see the previous weekly candles on your chart you could use this indicator to overlay them on whatever time frame you want.. Just set the indicator timeframe to 10080 (weekly) or 43200 (monthly) and away you go.. image ...

Trading Made Simple

Hey I can guess your buy on AUDUSD was around 0.8897 yeh? Heres my take on EURJPY, seeing it right? image Josh

Up and under price pattern

Hey Quidsey, Just looking at this trade now im assuming maybe you are out as it doesnt seem to be moving much.. Looking back at it now i think the level had already been used. Blue box was the most recent low.. Tick shows price breaking this low.. ...

Up and under price pattern

Hey there... Heres one playing out now.. Its an up and under from a previous one.. A pattern within a pattern Where will it go now is the question.. Josh

Up and under price pattern

Hey there Juicy, Entry was simply at the start of the new day , after looking at the newly calculated close of the daily recent strength... It wasnt exactly at the start as i missed the new start to the day, but thats where the intended market order ...

Recent Strength Idea