Alexander_Nikitin
Long

EURJPY long to a new trend direction

FX:EURJPY   Euro Fx/Japanese Yen
a year ago
Hey, traders. Sorry I'm a bit late with posting this trade. the bat pattern entries are already triggered. But if priceaction returns back to entry point before it hits 0,382AD then the setup is stil valid. the idea is to catch the secon impulse of the new uprend. So targets can be beyond A-point. As usual stops need to be placed below X.
a year ago
Trade active: hey, traders. those of you who was late to enter this setup welcome on board. priceaction returned to entry point before it hit 0,382AD giving you a second chance.
a year ago
Trade closed: target reached: Hey, traders. This was a wonderful painfree trade. priceaction never came to X-point. As our initial target of A-point retest was reached, I close half of my position and breakevened the other half. Now enjoy the risk free trade to see if it hits 1,272XA extention))
a year ago
Trade closed: target reached: Hey, traders, the second par of my position closed in profit. Congratulations to all of you who participated in this trade. Cha-ching))
This pattern was found with Pattern Search Software (c)
Watch the sample video here: https://youtu.be/YPhUCmeL9nA
Contact me in PM if you wish to get your copy
Best regards, Alexander Nikitin.
Fulltime professional trader and programmer.
Fieldgate
a year ago
beautiful trendline running along the bottom of the 60m chart too
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johan.verm
a year ago
Looks good..!
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MIchaelTran
a year ago
thank you, nice trades indeed.
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Alexander_Nikitin TOP MIchaelTran
a year ago
Thnk you, mate. Hope you were able to turn the knowledge I shared into some money))
+1 Reply
Fieldgate Alexander_Nikitin
a year ago
very nice outcome Alexander !
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Alexander_Nikitin TOP Fieldgate
a year ago
thanks)
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Amazing! :D
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Alexander_Nikitin TOP IvanLabrie
a year ago
yes, mate. it's amazing sniper headshot))
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johan.verm
a year ago
Congrats!!
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Sweet!!! Alexander, you're the master of BAT!! :))
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Alexander_Nikitin TOP Captain_Walker
a year ago
Thanks mate).
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RalfDiana
a year ago
AS You said Discipline and Patience of course and the results is there to see. I wish. I was tempted to enter the trade myself when the price went past the X zone because I thought if He is still i n the trade maybe it would be still OK but I didn't do it after You told me not to. Even this is discipline isn't ? There is always another one coming up after all. Would be possible to receive a mail form You informing when You a the trade? Thanks
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Alexander_Nikitin TOP RalfDiana
a year ago
Yes, you were absolutly right when decided not to enter. The logic of patterns presupposes price never hits X. If it hits then the pattern is invalid. If you will trade patterns long enough you will notice that those patterns that touch X usually go further ending up being a loser. On the other hand if you would enter this trade and it turned to be a winner then you would install a belief saying that touching X doesn't invalidate a pattern. This is the worst scenario possible because you install false beliefs instead of true ones. You were very disciplined to stay ot of this trade. In the long run this discipline will pay you good)
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