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Alexander_Nikitin
30 Th01 2018 06:59

gbpusd. bat Giá lên

British Pound/U.S. DollarFXCM

Mô tả

guys, a potential bat is on my radar. Shooting for extended targets here.
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BillyNare
Alex, did you enter this trade even though it didn't reach D leg?
Alexander_Nikitin
@chargill, Yep, I put my trigger at the bullish reversal bar. It is a special bar that takes place near support levels. Its low should be LOWER than the low of the previous bar and it close should be HIGHER than the previous bar's close. The first green bar in the bottom is a great example of a reversal bar. I also pay attention to the Reward to risk Ratio. If the risk to reward becomes not favourable to me than I stay away even if I have all the confirmation for price to move higher. In this case the opportunity was still good and I entered at a worse-than-initially-expected price.
BillyNare
@Alexander_Nikitin, Very nice, thank you for the explanation.
Alexander_Nikitin
@chargill, You are welcome:)
ZenMasterFX
Nice play here...agreed! :)
Alexander_Nikitin
@ZenMasterFX, thanks:)
djmanosv
active trade?
Alexander_Nikitin
@djmanosv, what your trade plan says? should this trade be active?
djmanosv
@Alexander_Nikitin, ofc $$ thanks
Alexander_Nikitin
@djmanosv, you are welcome:)
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