Thanks for the response. :-) I will give them a look. Do you have any firsthand experience with any of them?

Any thoughts on the "double low with a higher close" that is on the EUR/USD Weekly chart? Here are mine: image

Thanks Mike. Thank you too, fascist. I would love to hear everyone's response to my previous question so please keep them coming! There is no such thing as too much info when speaking about trading!

How do you guys manage your trades? I took the bearish engulfing bar trade on the Aud/Jpy & manually closed it for a loss that wiped out the previous gains & now I'm confused. Normally when I take a trade, I use the traditional "break of the bar" ...

You like this.

I shorted the AUD/JPY based on the 2-day PB or Bearish Engulfing Bar on the break of the bar with a SL @ 15 pips above the high. I hope I wasn't wrong!

Donkey, That more than helps! Thank you so very much!

Donkey, Thank you sooo much for posting this! I feel pretty comfortable with PA at swing highs/lows but not so much with trend continuation PA. I have a couple questions. Why did you choose to bring the SL up to .8910 once the BUOB breaks...I mean ...

RE: The Bearish Engulfing Outside Bars that were formed today in the Eur/Usd & the Gbp/Usd, can you actually trade those? image image Right off the bat, I wouldn't touch them because of the fact that they are not located at the end of a swing ...

Gotcha!! Thanks again for the info!

Oh okay! Thanks! Do you also increase your position size to keep the risk at 2%?

mbqb11, It is my understanding that you never take a full bar loss. How is it that you do so? Thank you.

supremeChaos, Thanks for the reply & I will do. With consolidation, my plan is to look for PA off of the support/resistance of the "consolidation box" or wait for a break then a retrace & look for PA to confirm that the break is a real break. You ...

Bemac, I posted a chart in the same post as the question, Idk why you don't see it. Anyways here is the direct link to it on photobucket.com: url I am using something from E-Signal for charting. Thank you!!

The Eur/Usd! — What is the name for the formation outlined? I am watching the 1.4150 area for some PA based on the triangle formation thingy & it seems to be an area of support & it also happens to be the 25% Fibo Ret of the upmove since June ...

I also just realized that the pins on the AUD/USD, EUR/JPY & AUD/JPY seem to "butt their heads" against a fibo ret level & the bearish engulfing bar on the USD/CAD seems to do the same against the .9780 area which seems to be a somewhat important ...

One quick question...Why is it that no one has said anything about the AUD/USD & EUR/JPY pins? They look good to me. Am I missing something?

Mike, Thanks for the reply. I am not a member. I actually found the guest area vids by using Google! I intend on becoming a member as soon as I can afford it(I currently wait tables full time so I can continue being a part time student ).

TransPorter: Thank you for your reply.