Yuba_Tamazgha
Long

Bullish Gartley correction at X leg

FX:EURJPY   Euro / Japanese Yen
Following my previous post on EURJPY             . Traders pointed out that the pattern I posted was not a gartley . Indeed I did spot a correct gartley pattern , but I made a mistake and started the "X" leg around 138.771 when the correct "X" leg was suppose to start at 136.280. So this caused confusion and was the reason for the pattern not looking like a Gartley . The "D" leg is never suppose to exceed the "X" leg on a Gartely. My mistake guys I must have been in a hurry drawing the pattern and not realizing.

Good catch, this is what an online community is for. To provide good criticism without any bias or sarcasm

Thanks for the catch

T1- @ 140.66 38% fib level
T2- @ 141.364 61.8% fib level
now it makes alot more sense. evenso, still not a gartley based on my own rules :P

I would trade it as a bat pattern insted., but well as I said, every trader has its own rules of engagement. let me tell you something, you are the first pattern trader I met ( your style its closest then mine ) , can we get in contact ?, that would be awesome. that way we could learn from eachother. find me on facebook as Francisco Tamashiro.

Hope to hear from you,

Best regards.
+1 Reply
Yuba_Tamazgha eXcess0070
He sure man, I love to network with other traders. I'll look you bud :)
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Yuba_Tamazgha eXcess0070
Honestly, when I look you up, there are more than one Francisco Tamashiro. I have a better plan, send me an email to peaktopeaksound@gmail.com there we can exchange facebook links and other contact information.
Reply
eXcess0070 Yuba_Tamazgha
Great then, I sent you an email a few minutes ago, with my FB link.
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