Hey Traders,
I wanted to give you guys a Bat Pattern Long opportunity. This one is simple, but i wanted to give you guys a few options. As you can see we have two levels of stops. One is based on the 1.113 extension, and the other is based off ATR. I would always recommend taking an ATR based Stop Instead but I am currently in the process of backtesting which will give better results over time. So with that being said, Hope trading is well, see you guys soon.
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I wanted to give you guys a Bat Pattern Long opportunity. This one is simple, but i wanted to give you guys a few options. As you can see we have two levels of stops. One is based on the 1.113 extension, and the other is based off ATR. I would always recommend taking an ATR based Stop Instead but I am currently in the process of backtesting which will give better results over time. So with that being said, Hope trading is well, see you guys soon.
Follow us on Instagram: @thealcovefx
Follow us on Periscope: @thealcovefx
Follow us on Youtube : www.youtube.com/chan...UTRjA4YqOQdu_MAY1afg
Comment:
Stopped out on Bat Pattern