TradingView
Ahmed-J
Jan 28, 2015 9:21 AM

Butterfly - GBPJPY - Educational video included. Short

British Pound/Japanese YenFXCM

Description

Watch my educational video here: youtube.com/watch?v=K4vND2RxGgM

Follow me on twitter: twitter.com/Ahmed_Jaroudi

I recorded this video this morning but then I had a suprising career changing opportunity (I got a chance to pitch my self to TDAmeritrae :) And that's why I am uploading this video late in the night. It's 2:00 am right now. I hope you enjoy the video and learn something new.
Comments
dojitrader
Just wondering ~~~~
With regard to Scott Carney and other,s recommendations for valid ratios
in a Butterfly pattern and with the A to B @ .94 - the B to C @ .93 - both
well beyond the .886 ~~~~ I was wondering at what point do your rules
dictate that a Butterfly is no longer valid ?
Ahmed-J
Great question. Every guru has his/her own combination of ratios for the advanced patterns. I learned to trade the butterfly this way from Jason Stapelton. I don't want to write a long complicated comment, so please check out my video it will be way easier for you. Skip the intro to go straight to my rules.
youtube.com/watch?v=K4vND2RxGgM
More