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The trend was clear...
But the setup did not happen as wanted
Finally price fell out south of Kumo in 60min chart.
This is a good sign for further short.
Looking forward a next volatile pattern test.
Tuesday - still in hi vola - we can find a ONE new pattern of the
"Wiener Walzer":
First - previous days must have shown more than 150 points during cash hours
Second - the BODY of a 30 min candle has to show more than 50 points
Third - a consecutive candle in the same direction has to be seen before entry.
Now on Tuesday we found a valid pattern for the HighVola "Wiener Walzer 1-2-3-4"
1) first red candle 16:30 to 17:00: 60 points (1)
2) waiting for second candle: 50 points (2)
3) entry 17:30 (yes - even after cash hours here - and only here): @ 9493 (3)
4) closing 18:30 @ 9456 (plus 37 points) (4)
5) going long 18:30 @ 9456 (5)
6) closing 19:30 @ 9477 (plus 21 points) (6)
Total short trade (37) plus long trade (21) made 58 points
On a day where normal rules were not adequate: THE SYSTEM WORKS
So the pattern (in all cases until now were SHORT) is still VALID
1) first red candle 16:30 to 17:00: 60 points (1)
2) waiting for second candle: 50 points (2)
3) entry 17:30 (yes - even after cash hours here - and only here): @ 9493 (3)
4) closing 18:30 @ 9456 (plus 37 points) (4)
5) going long 18:30 @ 9456 (5)
6) closing 19:30 @ 9451 (plus 21 minus 5 points) (6)
Total short trade (37) plus long trade (-5) made +32 points
On a day where normal rules were not adequate: THE SYSTEM WORKS
Thanks @stef
The Hi vola in the Dax is still in testing version right now.
If the pattern is confirmed and in real time it will happen
again - I will take the trade.
Up to now it is still a test and looking back a method
for future opportunities.
Just being patient now.
This candle was green...
I have not yet backtested if the Wiener Walzer rules are good for longs too.
Up to now I have only seen working patterns on shorts. They made all money.
Might be a good exercise to test these occurences in the statistics thread.
My perception of that special pattern:
If some drops are seen (body in 30 min more than 50 points) we can assume
that many stops were taken out. If volume is growing too with this move, some
more sells are probable. Until new buyers come in and turn the short in to a long.
For longs (body in 30min more than 50 points) the situation is very different though.
This thread is created to discover such patterns and test them.
For sure we can find different patterns as well.
