YemiTrader

Consolidation Breathes Advanced Patterns

FX:EURUSD   Euro Fx/U.S. Dollar
I just wanted to share this chart with you just to show that there are always opportunities in the market if you know what you are looking for.
As you may have noticed, the EURUSD             along with many of the major currency pairs have not been doing too well in terms of directional movement since the month of August even going into September where we thought that volatility was going to increase and the market would pick up. Well, none the less, those who trade advanced patterns have been making money out of what appears to be junk on the chart. We had 5 advanced patterns back to back on the 240 min chart within this area of consolidation with all of the except the first bat pattern hitting target one and target two. Please take note that this is a higher time frame. If you were to drop down to a lower time frame you would definitely have gotten more opportunities. There 2 Bat patterns, 2 Gartley patterns and 1 Cypher pattern within that sample of data.
For more info on the way i trade,visit my blog: www.yemitrader.blogspot.com

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out