an IB4.. on daily
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=14.0)
Attached Image
Where can I learn more about Price Action like those in James16 charts? 9 replies
QuoteDislikedhi shayb,
Looklike a spinning to me than a pinbar..and yes spinning also sign of reversal..and on the previous candle of the spinning also a sign of reversal based on nison candlestick..so i will see it this way...a reversal sign--then the strength getting strong by the spinning top.just like gathering power to shoot down eh?
..well let us see then.IMO
QuoteDislikedThanks man
Can you post another example in chart ?
and please explain how should i trade such a PA?
Thanks Again
Shay
Dislikedeither ways you're talking abt the same impact!
anyways here is the Au pin bar on the daily, it was there on the 4H too though a bit ugly...i went long ofcaorse!
http://i81.photobucket.com/albums/j2...us/sakdb-1.gifIgnored
DislikedShay-another great call - if I understand your early(?) call of the PB set-up correctly, you enter @ the open of the 'third bar', in this case with a great R:R! Is this correct?
freddiIgnored
DislikedNo ONLY AFTER THE LOW OF THE PIN WAS BREAKED I WATED FOR RET 50% FIB THEN I ENTERED....159.16 Sl just over the high of the PIN one more thing i did not close this position yet i am moving the sl with the marketnow this trade will never be a lost....
Enjoy your weekend
ShayIgnored