FX:AUDJPY   Australian Dollar/Japanese Yen
2 months ago
Bat Pattern Active
2 months ago
Comment: Came within 3 pips of target , never too happy about that but looks like we might catch a second wind and rally for targets soon.
2 months ago
Trade closed: target reached: Closed position + 30 pips before I travel for the weekend. Too much consolidation/choppyness in this pair right now
2 months ago
Comment: Original target reached.
MrLatchman
2 months ago
should we get in now, or wait for retrace?
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VitruvianTrader MrLatchman
2 months ago
Not now, we don't chase price. This late into the pattern would only buy once in the red zone (buying it on a discount/cheaper). If you do buy however, use a smaller position size.

We wait for the next opportunity. There could come a retracement , because price formed a very nice rejection candle off the 382 target level and I see a downward sloping trendline from point A in the pattern. If we break through this and re-test however, this could present another buying opportunity
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VitruvianTrader MrLatchman
2 months ago
snapshot

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MrLatchman VitruvianTrader
2 months ago
sounds good. your ideas are great!
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VitruvianTrader MrLatchman
2 months ago
thank you! the goal is to always keep working on your craft! no such thing as perfection.
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MrLatchman VitruvianTrader
2 months ago
up up and away.... wish i would have gotten in.
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