UPDATE: EURUSD: Bullish Bat Pattern (A Zombie Trade!) -TP1 Hit.

FX:EURUSD   Euro / U.S. Dollar
123 2 2
FINALLY! After 3 tries, third times the charm! Target 1 hit for +144 pips. Lesson here is PATIENCE! This trade, even though this was a 1HR Chart Bat pattern took 3 days to hit target 1. Sometimes, just gotta go drinking for 3 days and then come back to collect the pips! ;-P

Taking off 50% of the positions and letting the rest ride to TP2. Stops moved to breakeven. No loss trade.


If you haven't followed this trade and looking at this chart and wondering "what the heck?" for any reason, see my ealier postings about this trade idea under "Related Ideas" for more clarity.
Congrats. Patience do helps but if one is on the wrong side of a trade, it is better to take quick decisions to minimize losses.
That's why you should use S/L and NEVER change them once you have them in place as part of your plan before you ever place a trade.
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