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Akil_Stokes
May 10, 2016 10:38 AM

EURJPY 4 Hour: Potential Bullish 2618 Long

Euro Fx/Japanese YenFXCM

Description

A potential Bullish 2618 opportunity on the EURJPY
Comments
JaceYoung
Did you enter on the initial double bottom as well Akil? Looks like we would have hit targets at the 382 and 618.
Akil_Stokes
No i did not
RajA007
Bullish or Bearish? Can short here?
Akil_Stokes
The 2618 is a bullish trading opportunity. I would only short here if the setup to short meets a rule of engagement that you have in your trading plan. I would never buy or sell anything without it meeting my trading rules personally
NafeesulHassan
@Akil_Stokes, technically its an invalid cypher but i want your comments on that one Akil..
Akil_Stokes
As you said it's invalid
Beebags
I love how to R:R increases in line with the size of the 2618 setup, because stops stay at the same place below lowest lows and entry and targets creep up and up!
Beebags
how the*
Akil_Stokes
I agree, the trader has a lot of freedom on when/how to take the trade, that they can really create any desired risk reward
robdavid1111
What is a "2618"? :-)
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