DislikedAlcastro,
If you read Spuds explination again it says on the last line that on the middle solid bar there are over 100 pips from there to the close of the next bar, at least thats how i read it.
JamesIgnored
I really do not see any difference between the bars that precede and follow the solid line bar, and the bars in the other two solid bars.
I don't see how would you be able to tell that this trade looks like a bad trade without the benefit of hindsight.
I am sure I am missing something.