jlakenan

jlakenan

A quick little 2618 trade. Entered 2 positions, rolled stops 5 pips past entry after my first target (100%) was hit. Taken out at the stops before price continued up this morning.

jlakenan Updated 

This pattern would even be valid on the daily time frame. It fits my rules here on the 60 minute so I am in it here as well. Will likely be in it for significantly longer than normal. All rules met: double bottom, RSI divergergence, 61.8% retracement not hit between 5am - 9am central time. I like that the smaller 2618 formed at the 61.8% of this pattern, nice to...

jlakenan Updated 

All trade conditions are met: double bottom, RSI divergence, 61.8% retracement was not hit between 5-9am central time. Targets are at high of the extension beyond the double bottom, and the 127.7% extension. Stop currently 10 pips below the double bottom, will be rolled to 5 pips past entry if 1st target is hit.

jlakenan

Demo trade. Fits all of my entry rules: RSI divergence, double bottom, 61.8 retracement of the extension past the double bottom.