priceaction finally gave us the second bat. although the bat i detected in the last post was violated the setup is still ok because of another bat appeared. let's see what happens. reminder: extended targets here. to see details visit the related ides links. minimize the chart to see the whole picture
hello, traders. we have a potential BBS on gbp. if second bat completes we have a chance to catch some extended targets (i'm expecting at least the retest of the formation's highest point). there're notes on the chart telling about the first bat trading. minimize chart to see the hole picture of what i'm looking at. check the related idea to know more about BBS.
Ok, we have two scenarios noted on the chart. the red one is regular bat trading scenario. The blue one is BAMM+Bat scenario. BAMM are in essence simple strucutre trend continuation trades. that's why they have a high probability of success.
Welcome back, traders. It’s Wednesday and we have another edition of “Thoughts about Bat pattern”. Today we’ll discuss some specific way of trading BATS. I call it BBS.
What does this abbreviation mean? It stands for Back to Back Setup. I was first discovered by me when I was backtesting Gartleys. I have noticed one interesting thing. Sometimes gartleys appear...
Hey, trader here are the opportunities that bat pattern gives us. Notes are on chart. If you want to know more about BAT pattern trading, visit my "thoughts about bat pattern" series. Last edition is attached as related idea. Tomorrow we'll have a next edition so watch closely my posts
Hello, traders. BAMM and Bat entries. Notes on the chart. If BAMM trade fails then a BAt pattern is violated and long limits should be deleted. Check the related ideas to know more about BAMM and Bats. Be ready for another edition of "Thoughts about BAT pattern" which comes on Wednesday. Pres like if you like my work and subscribe to be sure you bever miss my ideas.
Wait for a pullback to 0,618CE to enter short in anticipation of bat pattern completion. Take profits at D and enter long with bat signal. If bat complets before BAMM is triggered, then cancell BAMM trade and take only bat trade. For more details of bats and BAMM visit my "thoughts about bat pattern" series. Link is attached as related idea.