hey, can you give me instructuons where i can upload higher resolution pics and how to attach them in my post?
right, the retracement of b is small, otherwise it looks good to me.
how do you like the trigger point? there is about 12 pips between the fib levels, according to tmoneybags in a 30 minutes chart he acceptc 10 pips.
Sure! Take a look at this thread where you can find detailed instructions on how to post bigger charts: 301 Moved Permanently.
About the D point IMO 12 pips difference is too much, hence I wouldnāt take that trade in shorter timeframes. for 30 min 1hr timeframes 10 pips is like the maximum widening for a D convergence.
hey, get used to this type of trading and see more and more pattern forming. one thing that i didnĀ“t like is, trades forming only slowly and I think it will be hard to grasp 2 trades a day trading the majors in m30. everything smaller didnĀ“t look too promising, what are your experiences?
how do you like those bat and crap patterns, are there special rules to apply?
Lol you mean bat and crab?. I stick to gartleys and butterflies. And honestly 2 patterns a day is more than enough. But youāll always find more depending on the number of pairs and timeframes that you look at.
You donāt have to stare all day long waiting for a pattern to complete. Identify your D point and set some alarms when price gets close to D.
Ok Iām sorry for the chart. Iām learning to use mt4, but hereās a trade Iām currently in. A textbook trade actually, Itās on the aussie 30 min chart. Already BE.
hey, sory, i canĀ“t find it, please specify the pair, my audusd 30 min looks different
Itās aud/usd short at 90.79. Convergence at CD 138.2 fib level. Maybe you donāt have that level added. 
i donĀ“t see it, my fibs are on way different places, also the abc expansion. can you please post a pic with pattern lines?
thanks
p.s. just added the 138.2 fib, is this a useful level?
Yes it is! So good to know that you already have it.
Iāll try to post the chart properly since my skills on mt4 are so limited. :rolleyes:
you surely get used to it fast, the metatrader is great.
tips and tricks
Metatrader ļæ½ Secrets of MT4 terminal (part 2)
try to figure the pattern, but this doesnt look like a perfect pattern especially the BC portion. works nonetheless !!
Profit target reached:
Aud/usd: Good for 30 pips
Usd/jpy: Good for 60 pips.
Not a bad start of the week
nice trade man, you filled?
thanks for sharing.
please post also your usdjpy chart
maybe it would be a good idea to start a skype chatroom with some active trading guys, more eyes see more, you know
Ok guys Iām gonna call it a day and have some rest.
Happy trading!
Iām sorry I didnāt read your last posts.
THanks Modo.
LUD usd/jpy is in the 4hr chart, Iāll post it as soon as I wake up
And yes more eyes see more!, itās always better when you have other opinions.
Have a good day!
thia is what i came up, my BA to C fibs are totally different.
sorry for the small pic, just have to sign up for a photobucket account.
sorry guys, maybe i should have shared this, but i thought you might question X , the short timeframe, and the 3 pip diff on the convergence.
i took the trade as the fibs ratios were strong for a butterfly, and i thought 3 pip diff was acceptable.
booked 44 pip profit.
please let me know if i made mistakes and just got lucky.
By doreilly1 at 2009-11-02
looks ok to me. nice trade
