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This trade was very profitable, but could you please indicate where was the entry point? What was the confirmation for you? Becuase market gone much below the D point and you still considered the pattern valid. Regards
the gbp\jpy is a fast moving pair
you can't place 20 pip stop lose on the 30min chart and 20 pip on the weekly chart !
If you wanna have +1000 pip on fast & dangermove pair you have to take care for your entry point, and entering with maximum 3% risk
for the confirmation check this POST
and take a look at the daily 6 march candle, it's a very powerfull sign: piercing pattern
this sign indicates that the bulls controlling the market
Butterfly EUR-AUD
looks good
Possible bearish Bat on GPBJPY
D will be at 0.886 236.20
and cd 1.618 at 234.05
big differrence between them and 0.886 will be equal to 2.00 cd
which i think the pattern will not be valid since 2.00 cd is not on carny's table
the gbp\jpy is a fast moving pair
you can't place 20 pip stop lose on the 30min chart and 20 pip on the weekly chart !
If you wanna have +1000 pip on fast & dangermove pair you have to take care for your entry point, and entering with maximum 3% risk
for the confirmation check this POST
and take a look at the daily 6 march candle, it's a very powerfull sign: piercing pattern
this sign indicates that the bulls controlling the marketThat's what I wanted to know. Now this candle pattern seems obvious, but at the first sight didn't. So I need to train my eye more and more
.
Thx Ibn Feras for sharing your knowledge.
Regards
That's what I wanted to know. Now this candle pattern seems obvious, but at the first sight didn't. So I need to train my eye more and more
Thx Ibn Feras for sharing your knowledge.
Regardsyou r welcomed
in the weekendi will upload the Japanese Candlestick Charting Techniques
for Steve Nison
Regards
nzd/jpy 20 march gartley
+25 pips till now
but i don't trust this nzd\jpy
because we are in a very srtong rising trend
and it's risky to stand infront of the train
for the following pairs we have to look for buying signal:
aud\jpy
nzd\jpy
eur\chf
gbp\jpy
chf\jpy
eur\jpy
Regards
sorry for not following the thread
after the harmonic party the last month the market became lazy
so i took a vacation
chf 26 march possible gartley
+145 all targets were reached
300 pip
more than 500 pip all targets were reached
+ 750 pip
more than 1000 pip all targets were reached
for the gbp\ jpy & cad\ jpy you can close half your lots
and and keep your profit running, we are in strong uptrend
Regards 2 All
usd\cad
Three Drives Pattern
daily & 4H positive divergence
Thanks for the posts and giving us confidence.
Yeah GBPJPY looks like big bull again..no sign of it stopping.
I think looking at the candles and levels ..it could go upto 40ish level ???
usd\cad
Three Drives Pattern
daily & 4H positive divergenceWhat do you think of usdcad now ?????????