24Likes
LinkBack URL
About LinkBacks
Reply With QuoteI'm still learning recognizing patterns. Can you explain why you don't like how the BC leg finished? It touched the 78.6 retracement.
As an ABCD pattern I don't really like how the BC leg finished so I wouldn't take it myself but......its about time for the Aussie to roll over. I say sell em. Also notice how it turned at the 127.0 ext of the AB leg. More confirmation.Originally Posted by kidrock82
Last edited by Luzonxzy; 07-31-2012 at 10:18 PM.
I'm still learning recognizing patterns. Can you explain why you don't like how the BC leg finished? It touched the 78.6 retracement.
Jack i think that it's because how the price behave when it touched the 1.27 level... it didnt reverse quickly, it's playing in a little range and it's not a good thing...
Am i right Luz??
I require the BC leg to at least touch the 38.2 fib but not close beyond the 61.8 fib.
@kidrock82 No that's the extention. We are talking about the BC leg.
ABCD pattern GBPJPY.....you never know. Lets see what happens:
EURUSD Ratio trade target 1 obtained and stops have been rolled to break even:
The gbpjpy abcd was a loser. Oh well.
Second position for EURUSD ratio trade was stopped out at break even. [Sidenote] - I'm making some modifications (very promising looking) to my ABCD pattern system so I won't be posting any of those for a while. I'll post more ratio, gartleys, and harmonic "animal" trades in its place. Later.
Last week had some crazy swings.....But volatility = Money if you know how to work the market. Anyway........
Potential Ratio Trade on AUDUSD (trend continuation):
Got filled on the AUD/USD Ratio trade. Now lets see what happens:
Posting Permissions
