FX:AUDUSD   Australian Dollar / U.S. Dollar
If price goes higher then bearish gartley will complete. If price goes lower then bullish gartley will complete. I am ready for whatever scenario. and you?
Comment: bear gartley was invalidated. only bull oppotunity is left.
Trade active
Trade closed: stop reached: the pattern confirms that downside momentum is very strong. closed my long positions. looking to enter short:)
True, though I scalped for a > $9,000 PROFIT ! ! ! The food is on the table !
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@View4U, Congrats. It is always great to hear somebody because of his plan and discipline. Patience pays. Cha-ching.
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Stop-0.80329 Market-0.80354 Take Profit-0.80629 On the DAILY previous days CLOSE price was BELOW the 5 SMA and ABOVE the ASCENDING 200 SMA. The "CONNORS" approach provides that this in combination with an RSI-2 that is Over Sold (it was <30, not to 10 though) and increasing sharply. That is in combination with a DAILY 'RISING THREE' candlestick formation which is a STRONG BULLISH continuation indication ! ! ! We waited for an 8 / 34 EMA crossover on the 30 minute . . . then we EXECUTED the trade ! Time will tell . . .
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@View4U, newbies mistakes. you think the more "confirmations" you have the higher probability of this trade to win. no matter how many coins you toss... one, two or million coins... the probability will stay the same on every toss.
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after yesterdays news on AUD... I'm not sure that will reach lvl 1 tp. I will pass this pair for any bullish trades in next couple of days. On other hand if your bearish set up were fill I would be all in.
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@CroCanadian, Sure. It makes sense. Nice to talk to anybody who has a plan:)
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thx bro
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Alexander_Nikitin naseemabuhawash
@naseemabuhawash, you are welcome:)
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Wait for an 8 EMA /34 EMA crossover on the 30 minute or 15 minute if your in a hurry !
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@View4U, if this is what you have backtested and found profitable then why not? do this way then:)
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