Alt-Bat is completely new to me - I do not know how to trade it - where to put Stop, where Limit(s). I like it, because its D point is confluenced with blue box which is eual previous correction move. Any ideas very welcome!
A nice lesson how to draw it is here yourfxguide.blogspot...bullish-alt-bat.html
Beside of it in couple of minutes we're going to have some JPY news, one of them is The Adjusted Merchandise Trade Balance -- released by the Ministry of Finance and it's a seasonal measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Japan is so much dependant on exports. A high reading is positive for the JPY, while a low reading is seen as negative (or bearish). And some more - look over here - www.myfxbook.com/for...ex-economic-calendar
A nice lesson how to draw it is here yourfxguide.blogspot...bullish-alt-bat.html
Beside of it in couple of minutes we're going to have some JPY news, one of them is The Adjusted Merchandise Trade Balance -- released by the Ministry of Finance and it's a seasonal measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Japan is so much dependant on exports. A high reading is positive for the JPY, while a low reading is seen as negative (or bearish). And some more - look over here - www.myfxbook.com/for...ex-economic-calendar