Today we got a hit on the AUDCAD Bat, but got a target 2 winner in a Bat on GER30 index. Currently we are in a short position on a on USDCAD . And we just entered long on a on EURUSD so lets see what numbers we wake up till tomorrow for those that follow me.
I will try more and more to begin to put up every trade that i take so those that are interested in can get a better feeling of how the daily grind is for this method.
If the left triangle was not higher the ratios would not lign up so there would be no pattern and no trade ofcourse. The last point is called the D retracement its the 0.786 retracement from X - C and targets are normaly structure levels or fib retracements from C - D like the 0.382 in this case and then often i close half position there and move stop to break even and let the rest run for target to that is the 0.618 retracement. I don´t know if that anwsered your question?