FXSquad

FXSquad Updated 

Potential Bullish Gartley AUDUSD 1hr Chart.

FXSquad Updated 

Potential Bullish Gartley NZDUSD 1 Hr Chart

FXSquad

Potential Long Cypher Pattern 1hr Chart

FXSquad

Potential Bat Pattern NZDUSD 1hr Chart

FXSquad Updated 

Potential Bullish Bat Pattern NZDUSD 1hr Chart

FXSquad Updated 

Potential Bearish Bat Pattern EURJPY 1hr Chart

FXSquad Updated 

Potential Bearish Garlley NZDUSD 1hr Chart

FXSquad Updated 

Bat Patterns can be traded many ways. These are the rules I follow: 1- First I find the impulse leg which is the X to A move in the pattern. 2 - Once the impulse leg has been identified I wait for retracement of the X to A move. I draw a FIB retracement from X to A and price must touch the 50% retracement but cannot touch the 61.8% retracement. This completes...

FXSquad Updated 

Bearish Cypher EURJPY 1 hr Chart

FXSquad Updated 

I missed this entry overnight. Got my sell limit sitting @122.88

FXSquad Updated 

EURJPY Potential Bearish Gartley 1hr Chart. Great setup even though I do not trade Gartleys on EURJPY

FXSquad Updated 

Potential Bullish Bat Pattern NZDUSD 1hr Chart. Risking 27 PIPS to gain 40 PIPS

FXSquad Updated 

Potential Bearish Gartley NZDUSD 1hr Chart

FXSquad

Potential Bullish Bat Pattern EURJPY 1hr Chart. Risking 50 PIPS to gain 75 PIPS.

FXSquad Updated 

Price came within 5 PIPS of this Gartley's Entry @1.6995 and rallied up to Target 1 and Target 2. Although the pattern is technically still valid, I will not be getting involved.

FXSquad Updated 

Potential Bull Cypher completes @122 even handle EURJPY 1hr Chart

FXSquad Updated 

Potential Bearish Bat Pattern EURJPY 1hr Chart Entry @123.41 Stop @123.88 Target @122.75 Risk 47 PIPS / Reward 65 PIPS.

FXSquad Updated 

More often than not the Cypher pattern will have an inverse risk/reward to target one. I wait for price to move into the completion area to a level that gives me at least a 1 to 1 risk reward. On this Cypher if you entered at the traditional price @.7013 you would be risking 57 PIPS to gain 50 PIPS. My limit order will be @.7017 which will give me my 1 to 1 risk reward.