EURUSD: a 3rd Potential Advanced Pattern Formation

FX:EURUSD   Euro / U.S. Dollar
Earlier in the day I shared a chart looking at 2 potential advanced pattern formations on the Euro             Daily Chart . Well, while in the Live Trading Room we also discovered a third opportunity her eon the 4 Hour chart in the form of an Advanced             Gartley Formation. This particular Gartley has a deeper than usual "D" completion providing us with a better risk to reward ratio then what we would typically expect from this advanced pattern formation.

Trade active: Filled Long at 1.1060
Comment: This is a LONG setup. Must have hit "Short" in the title by accident
Trade closed: stop reached: Stopped out for -45
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I got stopped out as well, but there is another opportunity. Long Bat pattern just got filled.
+1 Reply
Nice! Wishing you the best!
I'm in it as well but as a Cypher (same trade though since they're both in the same area)
Strange how u clicked short by accident and really meant to go long. Its like something was giving you a sign to actually go short on this pair... like god or something
+1 Reply
Akil_Stokes theforexscrub
Next time I need to listen to those outside forces a little better
Hi Akil, thanks for sharing. How do you define your entry, exit and stop loss levels?
+1 Reply
Akil_Stokes chartmaster
Thanks, I use fibonacci ratio's, atr and of course structure
As we say in russian "accidents are not always accidental") I was wondering why you write short while drawing long formation)
+1 Reply
I simply hit the short button instead of the long. However if I did subconsciously know what was going to happen, I did need to figure it out that way I'll never lose again. Funny because I just re-read a chapter in the new market wizards about a trader who actually did that
jimmy.wiradi Akil_Stokes
are u in the trade akil? i mean for a long position
+2 Reply
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