Following up on yesterday's idea, IF this market continues to rally (which is what we're hoping for) we're looking at a potential bearish cypher completing at the 1.46 even handle.
Quick question, this one turned 20 pips short. Is that considered as a completion, or does it have to hit the number?
Thanks Akil.
Akil_Stokes
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No i would not consider it a completion
PetriKleynhans
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Thanks Akil.
olly_price
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Great minds, had this on my radar for a few days
Akil_Stokes
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nice!
antonyde
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Akil, what are you doing in case after you entered in any advanced pattern trade on 15min or 60 min and you are not able to watch it how it is evolving because it is time to go to sleep or for any other reason? How can set your targets in case price action goes lower than your first D leg point, looking for TG1?How then correct that level in order to hit 0.382? I would really be glad to hear your reply about this matter because it is worring me for a long time.It is something that prevent me from trading patterns when I don't have any control over them.Thank you
antonyde
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In addition to that,how can trail stops to B/E if you go for TG2 ? thank u again
Akil_Stokes
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The majority of the trades that I take are big enough where I would be able to adjust, but other options are setting up an ATM strategy on ninjatrader, or do it from a mobile device .
Akil_Stokes
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If the D legs moves while I'm asleep or say away from my computer then my targets just stay at there initial positions until i have the opportunity to adjust them
Quick question, this one turned 20 pips short. Is that considered as a completion, or does it have to hit the number?
Thanks Akil.