Nice EURUSD Bat Friday – Harmonic Trading
Feb 19th, 2011Comments Off
Here’s a nice 1 hour Bat on the EURUSD. I’ll be placing harmonic trades on the trade copier once it is released, so I thought I’d start to share some of these with you.
I’ll be scaling into these trades, to get the best risk to reward possible. For more information on “scaling in” Click Here.
These harmonic trades are great, but they require quick management, so I’ve been avoiding them for the signal service. With a trade copier, it will be much easier to get my clients into and out of these trades with a profit.
This particular setup offered a nice tight 30 pip stop loss and a 140+ pip first target. In fact, you could still enter this trade at market open on Sunday and probably be just fine.
Enjoy!
Tim
