Here we have a Gartley Pattern on the USDCHF, Stop, Entry and Targets are all on the Chart, the Entry/PRZ Pink Line is the only line we will enter at, Most Patterns will give you two Chances, They might hit all the targets then Come right back up to the PRZ before again down to each of the targets, If it hits our Stop We stand aside until it again crosses the PRZ two chances only, If it doesn't we move on to the next trade. PRZ= Potential reversal Zone You can Take 50% Profit at Target 1 or 2 at your own choice target 1 is more conservative. then the rest of your profit at the third target. When price reaches near target 1, We roll our Stop loss to break even plus commissions, Never forget trailing stop! More Advice send me a message in PM or in group forex chat.
Kommentar
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With the Italian referendum let's be more conservative on the trade, If you are late to Join the trade, we Only Enter on a Pull back! We Never chase the price!
this already hit SL. when it green again, make a new entry? or not?
eng.anas.hojuj
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@Markame Man what do you think for aud and nzd both are doing the same do you think thier direction is down? After the fomc
designkreativist
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waiting for you to get back
ssaigal
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hi markame, firstly you are a star and have a true gift reading the charts!!! quick question: how many pips do you normally place you trailing stop for?