Ok, so I couldn't watch this EU trade overnight hence the SL move. Terrible time to open a trade in those dead market hours after NY. Hindsight now tells me that if I had left it where it was the trade would have worked out nicely. Could have done ...

Up and under price pattern

EU short chugging along towards the NY close. Stop now behind the 1st pullback and at this point it's on it's own. image

Up and under price pattern

Not long now before the Kiwi news. This is what I'm thinking: image

Up and under price pattern

Great thanks, I hoped it would. It's obviously not always like that but I think you get my drift.

Up and under price pattern

Ok... I've found a perfect U&U trade on the £cad that I'd like to use to illustrate the problems I have with running trades. TP1 is what I tend to go for. In out and move on to the next. TP2 doubles your money but you have to live through a pretty ...

Up and under price pattern

I just use regular zoom out, keep it simple.

Up and under price pattern

I'm going to short this. image

Up and under price pattern

wow! easy with the senior stuff faststare08. How many bars do I have with my chart? what do you mean?.... no wait....it's ok. No, I'm not trading candlesticks.

Up and under price pattern

Not tested it personally but... image

Up and under price pattern

At the moment I'd wait, it's still a way off the price I'd want and the whole structure could be different then, but yes I'd be looking certainly for an FTA as a TP, stop as tight as I dare. One of my trading goals before I hang up my trend line for ...

Up and under price pattern

Hi, yes that looks like it's got potential. My own MM would put the SL above the high which is 60pips away so I'd be looking for a target of at least that. If you drill down to the hourly there is quite a nice level at 8127 which could resist, ...

Up and under price pattern

Yeah that's the general idea I see around the webnets, as I say whether it's true or not I honestly don't know, and whether it helps in trading the pattern I don't know either. Anyway lets try and grab some winners, I'm down so far this week and I ...

Up and under price pattern

Yes but if you don't wait for price to engulf then you're trading a different pattern. From what I've understood so far this pattern is basically a "stitch up", it's confusing the direction. Get everyone going one way, then freak them out by going ...

Up and under price pattern

Hi Josh, got your eye in there for this pattern image image I really liked the GBP one short but just didn't quite pullback enough for me.

Up and under price pattern

Hi Gt3rs, good analysis, I totally agree. I pulled that order after the price structure changed. It may well turn on that level but I'm not putting any more money on it. Same goes for the original pattern, if the price structure creates an solid FTA ...

Up and under price pattern

Indeed.

Up and under price pattern

Ah ok, not an up & under trade then.

Up and under price pattern

Sorry mate you've lost me there, how were you stopped below 3218 (entry short)? or are you talking about another trade? Always good to slap a chart up, I know it's not always easy but it does save a lot of typing....

Up and under price pattern

Hi Baggi I hope that was demo money, don't trade anything live until you've really got a handle on what you're doing. I trade live, but because I've been away for a week I've come back and reduced all my position sizes until I get back up to speed ...

Up and under price pattern

image Stopped out, looking to see if level will hold as support.

Up and under price pattern