gartley entry at 159.66
just didnt see how this one was going to work
but its all in the charts up 100+
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gartley entry at 159.66
just didnt see how this one was going to work
but its all in the charts up 100+
this cross relates to possible shorts in the wings on eurusd and audusd
i would favour loading up aud usd short more than eur usd if this cross carrys on as i hope it will
currently up 350 ish
printed dark cloud cover , indicating end of 5 waves up
closed at open today for 900 pips
should correct back to 164 50 ish for another entry
a colourful butterfly for the Eur/Aud
got done with this one and even though it was my big trade for the day it was still not even a small part of the farm
I now need to figure out if I did things wrong and yes it looks like I used the wrong extension to calculate the buy point.
I used the green 1.6 extension but the BC extension can be between 1.6 and 2.6. I should have used the 1.6 of XA which is the light blue one... it seems to have turned on a dime there at the 1.95 level - of course I'd been well stopped out... :(
such is life
see my signature
Any thoughts on this pair on the daily?
Pretty massive triangle formation over the last 6 months - the compression has got tighter and tigher.
Hi Peat
Yes, quite a coil.
If it breaks and copies the flagpole distance it could be quite a move.
yes that would be over 3000 pips
I think I might start accumulating slowly with big stops.