Thursday, April 8, 2010

EURUSD M15 BUTTERFLY / BAT



Wednesday, April 7, 2010

Almost a "No Brainer" GBPUSD M15 Bat



I happened across this pattern yesterday afternoon on the GBPUSD.

A Bat Bearish pattern on the M15 chart- Eureka! I used a 40 pip stop loss to be outside the PRZ by about 15 pips, set my target 1 pip above the V, and let it run. (I found out the hard way that 15 pips outside the PRZ is sometimes not sufficient as on the CHFJPY M30 bullish pattern- 30 pips below the PRZ would of kept me from getting stopped out.)

(This was a virtual trade.)












This morning I found I had hit my target and it continued to go down to the about the bottom of the pattern or another 60 pips below where I exited.

Friday, April 2, 2010

USDJPY 4H BERISH CRAB



EURUSD M15 BUTTREFLY



GBPUSD 4H 0XABC BERISH



Thursday, April 1, 2010

GBPJPY 4H ABCD



EURUSD H1 AB=CD / BAT



EURUSD 1H