There may be some good short term trading to be had within what appears to be a developing Symmetrical Triangle. I have plotted a possible scenario.
http://forum.tacticaltrader.com/atta...052804_213.gif
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There may be some good short term trading to be had within what appears to be a developing Symmetrical Triangle. I have plotted a possible scenario.
http://forum.tacticaltrader.com/atta...052804_213.gif
Updated chart.
There has been the opportunity of at least 216 pips on this one, with a maximum of 579 so far.
http://forum.tacticaltrader.com/atta...232004_789.gif
Brought this thread back into circulation as
EUR.JPY has been mentioned by Xerof on the Chit Chat thread.
I gave this pair as a longer term short on Forextrader.com Forum
14th March after finding a Bearish Bat......(in my charts,
of all places!)
"Top pickers might like to look at this for a possible short.
Bearish Bat parameters have been met, and this is usually a reliable pattern provided we see a reversal signal confirmed at this point.
Knife catchers could try scaling in at circa 140.63".
For some reason I can't get the chart to show, but it can
be accessed on the E/J thread.
http://www.fxtradercenter.com/module...ownload&id=262
Currently there is some support being given by
a Gann level at 134.38
Long Term holders +515 pips at close.
arco
I've always marvelled at this pair, but never traded it myself.
But always willing to go into BAT if you post lovely charts like that occasionally Arco
Xerof
so its not all about the dollar after all
i'm now short one on this pair as well.
this never workd so had to bite a bullet on it. :(
Bearish Bat still delivering the goods.
Longer term holders +711 at close.
ATR Trailing stop 135.00
http://htomc.dns2go.com/anim/anim/bat.gif
Bearish Bat still exercising its wings.
Longer term holders +821 at close.
ATR Trailing stop 134.35
[}:)][}:)][}:)]
ATR Trailing stop moved to 134.18