After getting a nice +68 pips on T! hit on the bullish BAT (the orange pattern) I was patiently waiting for price to hit T2 or my BE stop.
And it presents me with another opportunity in the form on a bearish Gartley (the blue pattern).
Some might question : why would you go short if you're already long ? And the question makes sense. You'd have to figure out your answer, but my answer is pretty simple : Because my trading plan says I MUST !
If a current trade has already hit T1 and stop are at BE (technically a "risk-free" trade), my trade allows me to get involved if another opportunity presents itself. And that's what happened here.
The bear Gartley was a 1 target winner (+43 pips) and it looks like T2 on the bull BAT is gonna get hit allowing me to bank additional pips!
It all comes down to have a plan with struct rules that leaves no room for emotions, feelings or doubts to get involved! Execute the plan like a machine! Consistency and discipline is key!
Have a great day in the markets today!
And it presents me with another opportunity in the form on a bearish Gartley (the blue pattern).
Some might question : why would you go short if you're already long ? And the question makes sense. You'd have to figure out your answer, but my answer is pretty simple : Because my trading plan says I MUST !
If a current trade has already hit T1 and stop are at BE (technically a "risk-free" trade), my trade allows me to get involved if another opportunity presents itself. And that's what happened here.
The bear Gartley was a 1 target winner (+43 pips) and it looks like T2 on the bull BAT is gonna get hit allowing me to bank additional pips!
It all comes down to have a plan with struct rules that leaves no room for emotions, feelings or doubts to get involved! Execute the plan like a machine! Consistency and discipline is key!
Have a great day in the markets today!
Trade closed: target reached:
And T2 reached on the bull pattern.
Total bull trade : +185 pips
Total Bear Trade : +43 pips
Nice gains on that pair this week!
Total bull trade : +185 pips
Total Bear Trade : +43 pips
Nice gains on that pair this week!