FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
No trades today. Sitting on my hands.

Hopefully we see this trickle down to entry whilst we sleep and wake up tomorrow morning fresh for this bat completion.

Comments

Hi LewisisNude, I was just wondering what your margin of error is when identifying advanced patterns? I noticed your C leg extends to 0.977 for the bat pattern, should this be nearer 0.886?
Reply
LewisWNicolson JosephHeywood
@JosephHeywood, On bats, my C leg cannot violate the A leg.

On gartleys, C leg cannot violate the 88.6%.

:)
Reply
JosephHeywood LewisWNicolson
Thanks @LewisisNude. It's interesting to know how other traders interpret patterns.
+1 Reply
so i'm still new to understanding and reading these, but does the end of the stop loss/long box being at 22:00 / 9th of Feb mean that this pattern hasn't come to prediction?
Reply
@paulymat,

Hi :( sorry, this is me just seeing this.

No, time is not a factor when taking these trades. However i do prefer to be flat overnight.
Reply
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