LewisWNicolson
Short

USDJPY short gartley and bat

FX:USDJPY   U.S. Dollar / Japanese Yen
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2
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Those of you lucky enough to take part in this opportunity.

Here we have a gartley and then a bat straight after.

This fits my trading plan because the bat entry is past the stop loss of the gartley .

However it could even hit targets on gartley then head straight back up for the bat.

Sadly, i will probably miss this opportunity cause i will be zzzzzzzZZZZZZzzzz :(

Comment: for me, the gartley is longer valid on this because it has retraced below the 88.6%.

Bat is still valid until the x leg is broken
Comment: (i meant to say the gartley is NO longer valid)

My bad :)
Trade active: Bat has come into play :)
Hey, can you please explain more detailed why both patterns are still valid for you?
"Comment: for me, the gartley is longer valid on this because it has retraced below the 88.6%.
Bat is still valid until the x leg is broken"

Reply
@ianchris, yeh, its pretty straight forward.

when i trade gartleys, I dont allow the C leg to retrace further than 88.6%.

the bat pattern is valid because the C leg can retrace all the way to the X leg, it just isnt allowed to break passed it.

Hope that helps :)
Reply
LewisWNicolson LewisWNicolson
@LewisisNude, I also just realized that i had a typo.

I meant to say that the gartley is NO longer valid. hahah sorry
Reply
ianchris LewisWNicolson
@LewisisNude, thanks. No I understand :D
Reply
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