Technician
Short

GBPCHF: Short on Gartley Completion

FX:GBPCHF   British Pound/Swiss Franc
516 15 4
Update: Failed pattern
Loss(pips)= -55(x2)=-110
Accumulated profit/loss (pips) = 2312

Shorting on the completion of bearish Gartley at a retest of the broken trend line.

Trade number: 63
Accumulated profit/loss (pips) = 2422

Pre-trade stats
Number of trades: 62
Winners: 33 Losers: 21 Cancelled: 8
Profit/loss (in pips) = 2422
Open trades: none Pending trades: none
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is moved to breakeven
4. Second unit at second target
5. If 90 percent of first target is reached without triggering entry, trade is cancelled
My live trades here https://telegram.me/technician_forex_trades
yes. i entered this trade
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AlvaroALorite tntsunrise
2 years ago
i did two days ago, not the perfect timing, but good enough
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good luck
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dojitrader
2 years ago
That candlestick pattern looks rather enticing to just sell the open
and place a stop above the high of the spinning top.
BUT, the smart stops would go above X
SO, what to do ?
Maybe I'll feel lucky ???/
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Technician TOP dojitrader
2 years ago
This is a tough question. but for me, I try not to chase, i try to put trades the right way, in away i feel comfortable with. Coz it might end-up a loser anyway :)
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alex.a Technician
2 years ago
we chase == we die. NEVER ~ ^_^
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Trade is active now
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dojitrader
2 years ago
Looks like my idea was a stop harvesters dream - especially in thin opening markets.
And I was watching the game "Go SeaHawks" when the shooting star formed.
In any event this just does not seem to want to GIVE !!!
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Technician TOP dojitrader
2 years ago
I don't like this candle

snapshot
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tntsunrise TOP Technician
2 years ago
yeah! totally agree.
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Technician TOP dojitrader
2 years ago
Dont know, but am feeling a bit anxious today
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ErosTetraodontiformes Technician
2 years ago
Is that a pinbar? Does it mean that this pattern is risky?
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Technician TOP ErosTetraodontiformes
2 years ago
Its an hourly pin bar, not a major one. There is always a risk.
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mesmak Technician
2 years ago
what is mean that ?
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Failed Gartley
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