nice 350 + pip short channel from 103.67 top
now possible short entry again on gartley at 103 area risking 60 pips against that top
watching closely
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nice 350 + pip short channel from 103.67 top
now possible short entry again on gartley at 103 area risking 60 pips against that top
watching closely
yeh I was already in before your post DA from about 102.9
closed a third now at 101.79. IPO 101.55
nice one peat
just closed out looks like its stalling
had the kitchen sink,microwave and fridge on
yes I closed another third at 101.49
time for a new kitchen then DA!
a butterfly within a gartley
always seemed a brave attempt and its been a bit testing but starting to happen now
stop was just below the green but moved up to break even now.
Great move this week and I have now closed off at +240 pips. Lets see what early next week brings - there may be more opportunities
http://i47.tinypic.com/2e3ba0o.jpg
Seeing as I am all about the wedge at the moment (see TradeMe thread ) thought I would pick up on one here in the volatile Ozzie/Yen cross.
A wedgish correction forming after the rise from 92.90 (mustard lines)
it also happens to be a slightly deep bullish gartley, (white triangles)
Attachment 5283
so I had to have a go
Attachment 5284
still on track, looking ok so far, closed one third out already for +37 which derisks the trade somewhat.
closed another one +68
Attachment 5287
well this one seems to have done its wedgie reversal and I've closed them all out
as you may be able to see from this pic I put another limit buy on before I went to sleep (blue square) , which got hit (blue upwards triangle) and that could have offered another 40 odd pips however I hadn't set any target so as the price sank overnite the trailing stop loss kicked in at +5 (orange circle) , and I just closed the final position +9 (downwards orange triangle)
120 pips all up with the four positions. yay 2014
Attachment 5290
this could turn bullish again but with the over-riding sentiment on the AUD bearish I am not going to speculate on that. from the wedge perspective , and possibly the gartley this pattern trade has now completed