Here's a chart of the analysis that I did in tonight's video showing you how I would conduct my technical analysis on the EURUSD prior to tomorrow's Jobs report.
I don't even pretend to know or predict what the outcome will be. All I can do is attempt to stay one step ahead of the markets by preparing any potential trading opportunities before hand instead of reacting emotionally.
are you thinking about trading the bat that just completed?
fxtrader1980
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it is on the 60 min chart. Should have mentioned that. Sorry.
Akil_Stokes
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No, it's not a bat formation per how I trade, but I do plan on trading the bearish cypher
Akil_Stokes
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I apologize, I just relooked and you were correct, that was a bearish bat formation. I'm sorry I should have looked closer before typing FXTrader1980
fxtrader1980
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Haha. You had me wondering what it was that made it not a bat. I didn't want to bother you though so I just left it alone. Good to stay away anyways. The pattern failed and it took out my stop at the 1.13 retrace of the xa leg
Cpierrot
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Not in on this trade, but looks like a winner winner chicken...miss the live room...hope to be back one day!!!
Akil_Stokes
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Hope to have you back
TheZabisyu
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Hey, Akil!
I got in at the highest point, and took out money while it was hot, although it was too early, but anyway, outcome is fine!
Good Luck.
Akil_Stokes
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Great job man!
TomPower
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Didn't see any evidence of a turn there, how did you know?