Hi Peat
Is there a separate ruling on entry after one failed attempt?
Would that earlier BF have originally triggered on the low of the next BF 'A' pivot?
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Hi Peat
Is there a separate ruling on entry after one failed attempt?
Would that earlier BF have originally triggered on the low of the next BF 'A' pivot?
not that I know of
it didnt quite trigger on the first attempt imo.
this is the tricky bit really, but i think on a daily graph you need the close below the dotted line to be absolutely sure, which can mean you'll miss a bit of course.
But perhaps a clear impulsive movement through the line may be enough to convince. hey, you're the expert!! :p
Asleep at the wheel........Spotted this one a bit late, but you can quite clearly see the bearish Gartley rejection at the Kumo
http://i36.tinypic.com/2py850w.gif
so that activation of the second bearish butterfly that I talked about in post #90 consisting of a break of 148 occurred the day I left - sep 24. theoretical target of 138.56 is still 500 pips away from current price of 143.83 .
But, need to find a new entry setup. break of flagish trendline on the hourly?
Hi Peat
Trust you had a good time.
Yes, PA looking tired now, Kumo thickening, Chikou approaching plot and KS (blue) both as potential resistance.
The flag break might be the go, or scale in after a candle pattern. Grey box zone may be the max
http://i36.tinypic.com/24lj5lw.gif
Wouldn't take much for the Chikou line to break through the PA,
and the ozone layer in that cloud looks a bit thin.
Action could currently be forming a 3 Falling pattern.
Just 'mind the gap' (turquoise) It held as support before
http://i38.tinypic.com/112dhzp.gif
arco, could you take me under your wing and also tip me off when one of your set ups trigger? :D hehe
i'm in
has now broken the extension (dotted line) of the original trendline.
Hi Peat
What did I say about that gap ;) - it acted as support again. Chikou is through the PA, which
could now act as resistance.
Looks like we might get a Gartley to the lower Flag line (yellow box) and that could be the final signal. I've got one starter trade already on.
http://i34.tinypic.com/63zsxt.gif
.
I got out of one position earlier, and I've now decided to take 50 pips on this one.
There are some British announcement from 6.30 pm and NFP at 30m past midnight............things could be all over the place.
http://i35.tinypic.com/ighp1w.gif
i've closed one for +135 one remaining at +150
sold heaps at your yellow area last night tho arco and closed them out progressively quickly averaging around 30 before hitting the sack last night.
.
I was out at a get-together last night, so missed out on some better trades from the yellow box. :mad:
Theres always another trade ............
hopefully amp took some too - it was a nice guide - thanks arco.