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Alexander_Nikitin
Mar 15, 2017 5:39 AM

AUDUSD. Bear Gartley Short

Australian Dollar/U.S. DollarFXCM

Description

Hey, mates. Gartley is setting up on AUDUSD. As usual I attach a screenshot of this trade with entries, stops and targets in comments. Feel free to check it. Have a nice day.

Trade active

Trade closed: stop reached

Comments
Alexander_Nikitin
Hey, here's the screenshot I was talking about. Pattern Search Software drew the pattern this way: prntscr.com/ek4boc
PowerOfCapital
0.7700 in for short trade.
Alexander_Nikitin
@watsonzou26, I got my trading plan based on thousands of similar setups backtested. I follow it 100%. Hope you have yours as well.
t703623
@Alexander_Nikitin, That idea you published turned out to be a great one.
I went the opposite way as I expected the USD would gain ground after the recent interest hike, but it actually dropped like a faulty rocket :-) So my stop loss was triggered and I lost a small amount.
Hopefully you earned a nice sum as the upwards line looks like very profitable if you went long early in the game.
Great prediction!
Thanks for sharing and keep it up buddy :-)
All the best.
festiveboy
i think we have bearish gartley on 4H too :-)
festiveboy
Superb , but beware that today is FOMC meeting and 4:48 minute left .
Alexander_Nikitin
@festiveboy, I don't base my decisions on news.
festiveboy
@Alexander_Nikitin, yes and this trading strategy does not depend on news.
GobitD
Took the trade. Hope it goes well for all who did :)
Alexander_Nikitin
@onsela, Well I hope it is what you have in your trading plan.
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