Thread: Interactive Trading Setups Disscussion

Also, I'm currently looking at this EURUSD move. It's forming up to be a Bat, and I'm looking at doing a possible BAMM trade on it. Given the USDSEK -88.3% correlation to the EURUSD, and it's (USDSEK) progress towards a correction zone, I'm thinking there might be a good trade setup on one of these pairs. Both seem to be favoring a completion of the patterns. Though with fiscal cliff concerns still in the air, I imagine it's probably best to sit on the sidelines. What are you guys' thinking?

I like this butterfly setup on the AUDCHF 1H quite a bit, though the AB=CD is not strong, I like the price action in the reversal zone a lot. We will see how it plays out.

back to trading only tomorrow...
i think now:
EurUsd will be looking for shorts
UsdPln for longs

will see tomorrow

Hi All.

Possible scenerio on E/U. Bullish bat. Waht do you think?

not proper way to draw harmonics. at least for me.
check about the trade identification in gartley or bat threads. this nay clarify.

Thans Kor. Yes, i agree it's not preety one bat, but i think it has a nice location on the chart. D point is placed in the strong demand zone. After that, E/U is on the side trend. Of course im greenhorn in harmonics, so i need a lot of practice to achieve high skill level.

will explain during next days why i think like this

Given the price action in the PRZ on the butterfly USDSEK Daily, I've placed an entry.