Wednesday, February 18, 2009

Butterfly sell pattern


GBPUSD 15min Butterfly sell pattern. these are great patterns to trade guys. These patterns are worth learning. As of this posting...this move is worth 200pips. Not bad even if trading $1000 contracts. I'm moving my stop to just above the daily primary pivot (1.4224) and heading for bed. Good luck.

FYI: notice how it was channeling between the daily primary pivot and the first midpoint earlier in the day? Think you could fade that for some early pips? I don't know, just saying. Love it when folks tell me these patterns and pivots don't work and its just all luck.

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