Gartley/Butterfly patterns

[peat]

i've added another audjpy short at 106.65 (+39 ) with only a 20 pip stop on this 2nd position

and now closed that one out at +50 leaving the +90 to run.

[arco]

All went well Peat

The action made it to the first gartley target area and minor TL.

Maybe the green uptrend line as shown may attract -
being the confluence zone of Gartley and BF targets

I eventually took a profit on the balance of EY @ 60 pips
before retiring to dreamland.

rgds - arco

[peat]

Yeh it did! Trade closed by autopilot at 7am +150 so thats over 200 pips for these trades.

Having set that sell at what I thought was a good level I - quote arco "let the market come to me"

[roddy]

Peat

That certainly gets the thumbs up Peat,nice trade over short time frame

cheers
roddy

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Of historical interest only but wasnt this a thing of beauty

[arco]

Hi Peat

Yes, certainly is, and the same set-up I put on the Chit-Chat thread in Sept......
....given a pretty good run for shorts. .............7000+ PIPS.

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USD/SGD
Not an often traded pair but I have had a couple of successful longs from it recently - tho am now short from the yellow D point 1.4534 +17. I'm suggesting theres a possibility that the yellow bearish g. will complete the purple bullish g. so target and possibly reverse just above 1.44 with stop for the current short at Purple A point 1.4570(trailing 50).



This longing the SGD of course is in agreement with current long Antipodeans.

Lets see how it pans out.

[peat]

USD/SGD has also came back to test after being +70 ish max.
As its demo I will leave stop at X point 1.4567 which will be -30 ish. IRL tho, might well be bailing at break even.

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This is the best Gartly I've been able to find lately. reasonably true in levels tho its time frame is a little attenuated. But so far overnite +24 from this, even tho I was in a bit late.

Note how RSI just tipped into overbought at the .7823 fib and then the next hourly candle confirmed and Awesome Oscillator agreeing (tho lagging). AO has now crossed the centre line so still a sell I think.

[peat]

also trying a short on Eur$ with this gartley on the 15min