Friday 15 September 2017

EUR/USD 2017.09.14 [Gartley Pattern Entry]

Folks, how are you doing?

I hope that you all have a great time with y'all family.

Family is one of the motivation I have in this market pursuit.

I'm a Process Engineer in a Plastics Compounding Factory. Engineer, sounds great ain't it?

Well, it does not work as good as it is sound. But i like my career here.

I'm a Chemical Engineering, minor in Polymer graduate. Polymer? what is that? Well, in short, Plastics. haha.

--------------------------------------------------------------------------------------------------------------------

Previously we talked about the Gartley Pattern formed within our entries. below are the XABCD pattern formed.


 Let's have a look at smaller time frame.


A Doji Pinbar!!

not just that, a Bullish Engulfing Pattern,


Gentlemen, this can be considered a very good confluence, plus the pattern is appear around the support level @ 1.1870.


So, as usual, Entry!!!


Our Stop Loss this time is the X level, around 1.17730 ;

Our Take Profit target would be around 1.21840.


Seat back and relax, and enjoy the view.




----------------------------------------------------------------------------------------------------------------------


There are no 100% Guaranteed technique in the world.

The entry trade i made above might works, or it could even might not success.

These all are a learning process.

We've done the best we could.

But we are not the market mover.


Cheers.

Wednesday 13 September 2017

EUR/USD 2017.09.11 [ SL or TP ]

Fellas!!!


So this is the result from previous post. My Take Profit actually is around 61.8 - 78.6 % of retracement XA. it is acceptable, and im just gonna be flexible about it.

As you can see, the profit is 120 pips and took me around 2 - 3 days to complete the order.



As you can see, the D is formed when the price reaches the area of 78.6% XA.

Thus, our Gartley Pattern is complete, and we actually can place the order for Long position in that area.

Cheers.