Comment: We are petty close to there. We may buy around 1.0955
Trade closed manually: trade closed at 1.1226 Profit 271pips
I am very new to FOREX only 1 month old but I never follow any Traders in my life. You wanted to know what pattern is this I called it BASH(its my own creation, own style & own thought). let me explain you when everybody go for sell i go for buy. I am totally different. I posted 6 ideas here all of them different not related to each other. And 1 more thing I am only person never used SL(Stop loss) in my life. So I am totally different. Hope u find your answer
You've done well matey. To be honest I don't care too much for followers, i publish idea's so i can go back through them to see if they were successful. On a slightly different note so long as you've back-tested these patterns and they work for you consistently then great stuff, congratulations, my query was borne out of interest and not detest at your originality.. I too trade patterns, but mine are not my and so I cannot claim such originality. If you don't use a stop loss then you must constantly be watching your charts, this I, and most other traders, cannot do. I would seriously advise you to start using stop losses simply because without one, the consensus is that you are almost guaranteed to bust your account.
Not only the pattern there are so many things to learn in Forex. If youre trading for many years and trend is not friendly then kick it or use SL. I am in this trade for more then 5years now. I did very hard work to make my trend friendly. I never bust my account in my past. Check my facebook I have been providing signal for many many years i bet you. you can't find any of them used SL. You may advice other not me i am quite happy with my system. I have enough confident when I open trade.I always follow 3 things. A. I never use more than 2%, B. I don't go for big pips (2-30pips max) C.Patience D. Steady. Facebook link has given in my profile.I know I can't post my trading result here its out of rules I am going post my 3days trading.in facebook. Then you'll know who I am.