J_Graystone
Short

Bearish Bat @ 108.93 USDJPY

FX:USDJPY   U.S. Dollar/Japanese Yen
1095 7 20
Expecting a retest of the lows and even a push down to 106 flat, we have this bearish Bat Pattern formation potentially setting up which will give me a reason for entry.

Today has been a great day for pattern formations. We have banked over 400 pips in the live room today from trading advanced pattern formations alone.

I recorded lots of detailed live footage from the room today and its all available over on my youtube channel below:

http://www.youtube.com/channel/UCCDu1S_OmR5XtM-AzL-_U1Q?sub_confirmation=1

See you in the live room tomorrow morning!

http://www.tradeempowered.co.uk/london-live-room


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Comment: Short at 108.93
Hey Jason, for this pattern i notice you accepted the pattern as valid with a C leg at 786 AB, may I ask what ratio's you use for trading Bats?
Reply
SL hit
Reply
Great I am getting in at this level too.
+1 Reply
good luck
Reply
long usdjpy at 108.57 SL 108.3
+1 Reply
I sure hope this one plays out. I am long since 107.96. Adjusted my target by 5 pips so I can can Stop and Reverse for the bat. I can only trade the stop and reverse because the Bat completed within 5 pips before my T1 (T1 now becomes only Target for long position).
+1 Reply
Nice! good luck
Reply
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