leszekstanislaw

USDJPY H4 - Another harmonic pattern failed, what is going on?

FX:USDJPY   U.S. Dollar / Japanese Yen
43 3 1
Another pattern on USD with JPY failed. USD is surprising recently. Why?
There was Gartley and its D point was on potential price uptrend channel - I like it, but... failed...
I like losses - it motivates me for looking for another trade occassions... - one of them is how to trade failed pattern - I will be testing this for next couple of weeks :)
You failed beacuse SL did not go below X. X is previous structure, as far i can see.
Reply
yes, I know. I made a lot of testing and the most 'effective' SL for me is 95% of XA - then overall RR and probability is betters than with wider SL e.g. 113%. @Rafal_w - you're right it is Cypher, and C was not in 1.27. Thx!
Reply
No 1.27
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out