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Counter Layout
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=246		 Page 3 of 5
Author:  mieloo [ Wed Jan 18, 2012 7:36 am ]
Post subject:  Re: Counter Layout
another one , but with a long wait before break B

why i choose a far away X? because imo on eurusd a correction that deserves to be taken into account should be over 15 pips. the longest one was 13... so X at the start of the move.
Author:  GT3RS [ Wed Jan 18, 2012 7:44 am ]
Post subject:  Re: Counter Layout
mieloo wrote:another one , but with a long wait before break B

why i choose a far away X? because imo on eurusd a correction that deserves to be taken into account should be over 15 pips. the longest one was 13... so X at the start of the move.
Hi mate,

I don't follow you?! There were plenty of pullbacks bigger than 15 pips?

I too saw that pattern, but didn't trade it because I had X just below that big candle and the target would have exceeded X...........

I also noticed that on my feed, the previous deal you showed would have been a loser as it missed TP by about 1.5 pips.

Can you please explain what you mean above?

Many thanks,

Rob
Author:  mieloo [ Wed Jan 18, 2012 7:58 am ]
Post subject:  Re: Counter Layout
from X 21:10 on my chart till A, i dont see a bigger than 15 pips pullback. the biggest was 13.

now when i say BC=TP, this includes spread, so if BC = 18 pips , TP = 18 pips from point B, the profit is 18 - 2 (spread) - 1(from the break) = + 15 pips.

if the target get's over X, then what i do is to shorten it till X+/-2.
Author:  GT3RS [ Wed Jan 18, 2012 8:20 am ]
Post subject:  Re: Counter Layout
mieloo wrote:from X 21:10 on my chart till A, i dont see a bigger than 15 pips pullback. the biggest was 13.

now when i say BC=TP, this includes spread, so if BC = 18 pips , TP = 18 pips from point B, the profit is 18 - 2 (spread) - 1(from the break) = + 15 pips.

if the target get's over X, then what i do is to shorten it till X+/-2.
Hi Mieloo,

Thanks for the clarification.

I see now the last chart is during Asian session, which I don't trade.

This pattern is clearly very powerful, so many thanks for sharing!

Rob
Author:  mieloo [ Sun Feb 12, 2012 8:59 am ]
Post subject:  Re: Counter Layout
2 recent signals.
there where more , but outside of my trading hours.
Author:  mieloo [ Mon Feb 13, 2012 1:26 pm ]
Post subject:  Re: Counter Layout
another
Author:  mieloo [ Fri Feb 17, 2012 8:50 am ]
Post subject:  Re: Counter Layout
i just took another trade.
Author:  mieloo [ Fri Feb 17, 2012 12:42 pm ]
Post subject:  Re: Counter Layout
this one had only one problem, the XA was only 28 pips.
Author:  mieloo [ Fri Feb 17, 2012 12:46 pm ]
Post subject:  Re: Counter Layout
the third one today... this i missed because i was out buying bread... so i need a robo.
there are days when you dont see the pattern , and days that are full of it... so i need a robo.
Author:  mieloo [ Tue Apr 03, 2012 6:59 am ]
Post subject:  Re: Counter Layout
i believe that this pattern it's a winner, as i follow it for more than a year.
and for easier coding i will use the smaangle for determening the XA. i got the idea as i was posting to my other half top - half bottom thread.
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