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UnknownUnicorn180388
Mar 28, 2017 7:11 AM

GBP.JPY - x2 Short Opportunities  做空

British Pound/Japanese YenFXCM

描述

On the GBP.JPY 4hr chart we have 2 potential trade opportunity's at the D leg completion of bearish Bat & Cypher setup.

Bearish Cypher Setup ( Blue ) - D leg completion 141.114
Target 1 - 139.820
Target 2 - 139.027

Bearish Bat Setup ( White ) - D leg completion 140.281
Target 1 - 139.302
Target 2 - 138.695

评论

评论

How to trade the Bat Setup.

评论

The Bat setup ( White ) is now invalid.

评论

评论
joedirt237
So if it hits your white bat are you putting a SL above the blue cypher entry point?
UnknownUnicorn180388
@joedirt237, I have a separate entry and exit strategy so for me personally i will be looking at a couple of different levels.
If it fits your rules to place it above the Cypher setup then i would stick with that analysis.
joedirt237
@tomhall, Thanks! Last questions, with article 50 presumably coming tomorrow, do you stick to your trading routines?
UnknownUnicorn180388
@joedirt237, I certainly do yes, i personally don't trade fundamentals.
joedirt237
So are you trading this if it reaches its D point? And at that point moving your target 2 SL to even on your buy on this pair?
johnjlw
Yesterday i lost on Eur/cad cause i used read the chart wrong(not your fault), because the picture shows a fat green bar up, i took it as long(stupid me) then used that bar as TP 1.(ouch)!!Still learning(the hard way)!!
Regards
John
UnknownUnicorn180388
@johnjlw, Hi John,
I would personally stick to a demo account and learn without losing any capital, once you feel confident in your setups and strategy you can then execute your positions with confidence.
johnjlw
Hi Tom
Just your average poor man!!Can you explain to me how you calculate 38.2 % as target.Please!!
UnknownUnicorn180388
@johnjlw, Hi,

I explain the full setup on the link below.

gordan21
It looks like it turned already
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