TradingView
Akil_Stokes
Dec 4, 2016 9:14 PM

AUDUSD: Bearish Gartley, AB=CD 7 Fibonacci Confluence  Short

Australian Dollar/U.S. DollarFXCM

Description

Here's a look at the chart we reviewed in this week's Forex Market Preview video. Once again, this is a great example of how the simple forms of analysis, when done correctly and in the right order can produce some of the "fancy" stuff that everyone seems to rush into.

If you're unclear of what that means, what the video titled "Putting It All Together for Long Term profits"
Comments
LeoTran
Great idea!
Quick question: do you wait until 0.755 to short or would you buy some now then close at 0.755 then short again? Im just curious what would you do in this case!

Anyway I will be looking for your video now! will return after finish! Thank you for sharing! (y)

Akil_Stokes
@LeoTran, Hey Leo, I would wait until the completion of the pattern to involve myself in the trade. Hopping on in advance can be a very dangerous way to trade.
LeoTran
@Akil_Stokes, thank you Akil.... so far its going according to plan :)
Akil_Stokes
@LeoTran, We shall see
fXVolume
@Akil_Stokes Are sure market will stall at poin D? How long can market down after that?
Akil_Stokes
@mrhimsly, Were never sure about anything in the markets, all we can do is consistently put ourselves in situations where we have a chance to exploit an edge.
JacknyAgathine
Bullish
Akil_Stokes
LeoCamacaro
Nice just now see the video haha thanks
Akil_Stokes
@LeoCamacaro, No problem, it's out every Sunday & if you're on our list you'll get it early ;-)
More