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.
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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.
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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.
Trader Inxighter Apprentice
Shares thought of market movement, directions, sentiments, through technical analysis. Discuss candle pattern appears in market and how to act.
Friday, 15 September 2017
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.
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