Alexander_Nikitin
Long

POSSIBLE BAT PATTERN COMPLETION

FX:AUDUSD   Australian Dollar/U.S. Dollar
IF PRICE RETRACES BACK, WE'LL HAVE A CHANCE TO ENTER BAMM BEFORE THE PATTERN COMPLETES. IF NOT - LET IT BE)). EITHER BLACK OR BLUE SCENARIO.
SORRY, MATES. WRONG X PLACEMENT. I HAVE IT AT MINOR STRUCTURE JUST 6 BARS FROM THIS PLACEMENT TO THE RIGHT. D-POINT IS ALSO SHOULD BE ADJUSTED, SO BE CAREFULL AND CHECK THE RATIOS.
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Omnishambles Alexander_Nikitin
2 years ago
A lesson in itself! I never would have even thought of starting a Bat from there :)
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Alexander_Nikitin TOP Omnishambles
2 years ago
Yes, in the beginning of my bat learning I also looked only for major structure points as X. But then I noticed that minor structures also work very well. After back testing minor structure X versus major structure X the results didn't change. The profitability didn't shift even 1%. It was an amazing discovery for me at that time. No changes at all, even in the range of statistic errors! Look at "thoughts about bat patterns" parts 3 and 4. I explain the topic there. cheers))
+1 Reply
Alexander_Nikitin TOP Omnishambles
2 years ago
Please add a comment… Positive feedback and constructive criticism are important to authors and the community.
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