usdjpy.1h.butterfly Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Oct 13, 2017 6:38 AM

Mates, enterd this butterfly advanced formation at market. I use 1-to-1 stop placement for these setups. details on the chart. Don't forget to hit the like button if you find the idea interesting and want me to post more of this kind.

Trade closed: target reached

⋅ Oct 13, 2017 10:12 AM

first target is hit. closed half.

Comment

⋅ Oct 13, 2017 1:11 PM

second half closed breakeven

Harmonic Patterns

Comments

SatirePro

⋅ Oct 13, 2017 12:53 PM

Lovely trade Alexander. If someone had a long position and went for a crap it would have been a nasty surprise to see where USDCAD went afterwards!

SatirePro

⋅ Oct 13, 2017 12:54 PM

@SatirePro, sorry usdjpy!

Alexander_Nikitin

⋅ Oct 13, 2017 1:12 PM

@SatirePro, I had long on usdjpy. closed half of my position at tp1 level and breakeven on the second half. This was a profitable trade overall.

dtech369

⋅ Oct 13, 2017 10:38 AM

as usual nice one.

Alexander_Nikitin

⋅ Oct 13, 2017 10:42 AM

@dtech369, yep:)

phd

⋅ Oct 13, 2017 10:36 AM

nice ...

Alexander_Nikitin

⋅ Oct 13, 2017 10:42 AM

@phd, yep

nrtsmiz

⋅ Oct 13, 2017 7:15 AM

do you use any other time frames in your analysis Alexander_Nikitin?

Alexander_Nikitin

⋅ Oct 13, 2017 10:12 AM

@nrtsmiz, I use only 1H and 4H.

becrb

⋅ Oct 13, 2017 7:15 AM

thanks for the analysis, i will always support good trade ideas from you :)