rozela99
Short

Getting to the party early AUDUSD

FX:AUDUSD   Australian Dollar/U.S. Dollar
Price is curently at the C point of what could turn into a bear bat

IF you have backtested this pair/pattern, and time frame and IF you have percise rules in your plan to trade this pair/ pattern, and time frame. Then you could potentialy get short.



Hi Rozela99, I sent exactly this pattern to Kevin earlier this morning.
Reply
DerekUweri71 DerekUweri71
AUDUSD: How I Narrowed Down The Best Possible Area
Reply
rozela99 DerekUweri71
Nice. Its always nice when others spot the same possible trade.
Reply
I've noticed a couple of others that we have both spotted. An example would be the EURUSD on Friday. I think we both spotted a bearish BAT but the US Retail news turned the BAT into a Butterfly.
Reply
Nice trade, good luck!
Reply
Hi, I'm new to this pattern and I am currently exploring its use from watching these posts. I am struggling at the moment to understand where entry points are. Are you looking to enter a long position at C in anticipation of a rally up to a point around D? Or are you on hold to see if the chart reaches D and then going short around there?
Reply
olly_price olly_price
Presumably the latter, with the green bar a profit target and the red bar above it a stop loss area?
Reply
rozela99 olly_price
I am waiting for the D point to complete to get short. If I were you. And before I put any live money at risk in the markets. I would get educated. I would have to say Tradeempowered.com is the best place to go. They offer a lot of free training videos. I WOULD NOT BLINDLY FOLLOW ANYONES TRADES THAT THEY POST. With that said one must first have a trading strategy that they have backtested and has a positive expectancy over time.

I would also follow Akil_Stokes and J_Graystone These guys are top notch and both are with Tradeempowered.com
+1 Reply
Looking at the same thing. I can only trade it as a TCT though.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out