TradingView
Realisto_FX
May 29, 2015 9:28 AM

Bullish gartley Pattern : Josep Pocalles 

Euro Fx/U.S. DollarFXCM

Description

Tim West asked me a few days ago if I could provide more detailed explanation on my previous CHFJPY trade. I´m posting here an ideal bullish gartley when a double top didn´t go higher and a retracement is expected. Bear in mind you are in a bullish trend so trailing stop management is highly recommended.

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Comments
PriceActionTrading
wonderful!
More