stocktrader15
Short

It's ugly but it hits all the right spots. (EU Short)

FX:EURUSD   Euro / U.S. Dollar
237 views
4
237 7
#ThatsWhatSheSaid


Just entered a full short pos in EU
BTW you will have to zoom out to see my second TP :) Make sure you do that iof you are checking out the chart. When it hits the first TP at the .618 extension I will close half my position and move my stop up to my buy point. Then I will let the price drop to my second TP at 2.272 or stop out at my buy point for nice profits either way :D
+1 Reply
MIchaelTran stocktrader15
that's nice and thank you for your sharing :)
Reply
although I 'm feeling unsafe , I have to agree with this setup.
Reply
stocktrader15 MIchaelTran
Meh.. you know the game.. See the pattern trade the pattern, control the risk and just keep plugging away.. I would be doing a deserves to myself and my system if I didnt take the trade.
Reply
stocktrader15 stocktrader15
disservice* damn spellcheck :(
Reply
I like it, entered a little before you did. It's definitely time for a correction
Reply
stocktrader15 michaelquale
I got in an entry position a little early risking 1% but when it hit the C point, to complete the butterfly pattern I entered a full position and tripled my position size like I always do when I take a full position. Butterflies have the best risk reward out of all they harmonic patterns and they have a pretty high hit rat as well. Plus the TPs I have set up where made using the fib lines based on the CD fib extension but they also line up perfectly with a couple major trend lines and all my stoch indicators are oversold, my RSI is oversold and crossing back over the 70k line which is a great sign of a momentum shift.. Felling as good as you can trading EU.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out