DislikedWhen you talk about your PIN, you mean the PIN BAR (Price Action)?
DuckeIgnored
Just fully bar strong bar is for pi non pin candle...
Cheers
Petar
"Buy on fear, sell on greed !!!
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DislikedWhen you talk about your PIN, you mean the PIN BAR (Price Action)?
DuckeIgnored
Disliked1. I can't comment on this one since I'm not very sure as well.
2. I think you got it absolutely wrong here. Leading candle should have lower HIGH compare to candle1 n candle2
3. I interpreted petar rules about this as it's enough if leading bar range (HIGH - LOW) is at least 50% from candle 1 range. If candle1 = 50p, leading bar atleast 26p.
4. I think this is the opposite of 2. Lower LOW for leading candle compare to candle1 and candle2.
5. I'm confuse about this as well.Ignored
DislikedCant see leading candle high is 50% of candle 1 or candle 2.
why did you take this buy setup?Ignored
It dont matter wether Leading candle is either a Pin bar or not, but in most candle cases the Leading candle will show some form of weakness, it could be hammer, doji etc and may not necessary qualify as a "Pin bar" but most remain the low/high of the formation and the range must cover minimum of 50% of either or both Candle 1 and Candle 2.
DislikedI am still surprise at people still saying they still dont understand a very simple three candle formation, pls people if you want to learn you will have to make the efforts yourself, you only need to read the first post once and get the feel, then test yourself so you can contribute the discussions and trade enhancements using the formation.
Instead of trying to scrutinize what Petar has said and looking for ways to say oh he is wrong here and there, why dont open your chart and analyse, remember there is no holy grail..
[list=1][*]The...Ignored
Dislikedfor me every Candle with weaknes is pin that is i marked almost every candle on my picture i posted yesterday
Just fully bar strong bar is for pi non pin candle...Ignored
DislikedIt dont matter wether Leading candle is either a Pin bar or not, but in most candle cases the Leading candle will show some form of weakness, it could be hammer, doji etcIgnored
DislikedVery good post
Thanks for this i talked all day yesterday
Thanks Pet we are here to trade and earn pips,we will do thatIgnored
Dislikednice one, keep rolling-in the pips, at the end of the day thats what its all about. Its not for amusement or playtime and trading is most definitely NOT child's play and is especially not a matter of who is right or wrong, or who know more than who, the point is we may be able to learn a thing or two from each other from forum in order to keep banking the PIPS.Ignored
DislikedNew sell setup on M5 just now, notice I already have buy opened from yesterday based on daily and H4, opened two buys one closed already, riding the other, now lets see if this M5 setup will add $$$.
if entered at close of Candle 2 at 0.71725, the way i trade this setup and other similar is 1pip plus spread above the Leading candle @ 0.7179 or .7180 or just 8pips exposure, atleast R:R:1:1 should be in order with target at near minor support at 0.7166(see chart below) and maybe more who knows, my 1st target is to double my money, anything else...Ignored