hi mate, I do not have TP1 and TP2. I may have multiple entries, but in 99.9% of cases one exit only. I do not use Fibo for exits. I rather look for specific price & time based fractals on traded or 1 level lower timeframe, or a reasonable R:R. Unfortunatelly, since the lower timeframe may indicate me a place for an exit, many of my exits are premature. Anyway, feeling comfortable with it.
Hi,
I entered this trade 3 days ago and went out at the BE... What you can see here is that the Gartley is still not complete beacause of the mendatory AB=CD which is still not complete... It should be complete arround 1.5715...
I don't want to miss this trade but if I enter now the risk win ratio is really small...
It will be great if all of us give us some remarks and we can try to take all this trade together and make some pips !!!
Regards
Attachment 3594
The one thing might work, looking for double top with RSI divergence on this or lower TF at extreme reading of oscillator in OB, and enter with small stop, trail relatively agressively. But that will not be a real gartley entry.
I still didn't take my Tp1 for GBP/JPY at 1.516 and Kor4x was right we get a big up move due to the bullish butterfly, hope that it will fall again...
Still waiting the EUG/GBP to move up too haha but hope that it will now...
Regarding the GBP/USD I think we spoke a lot of it and I will wait the AB=CD and not enter before....
Regards