Breaking out now.
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DislikedThat is the set up, but not the entry. Enter when M15 candle closes totally outside the resistence level. Last week we waited for more than one M15 candle to close, but watch PA to enter.Ignored
DislikedYes, that is the entry for BOs. Watch for PA to continue in desired direction, even after close.Ignored
Dislikedafter so long, now then i get the whole picture! urghhhh.... better late than never. thank u v much for helping, LG!
this really clear e whole picture for meIgnored
DislikedSorry, kr. I have mislead you! I just looked at your yellow line! That is too far away. Just a close of 1-2 M15 candles completely outside the resistence line is the entry.Ignored
DislikedH1 Chart and M15 chart.
Because I didn't like the looks of the pinbar and the red candle, I'll wait for the next candle to close and if PA is continuing up...enter long on the next candle.
Hope this helps. I know it is confusing.Ignored
DislikedH1 Chart and M15 chart.
Because I didn't like the looks of the pinbar and the red candle, I'll wait for the next candle to close and if PA is continuing up...enter long on the next candle.
Hope this helps. I know it is confusing.Ignored
DislikedLG, please correct me if i'm wrong.
Before e pinbar was formed and completed, you wouldnt know it's a pinbar after all. Or do u mean, when u look at e chart, e pinbar was already formed?Ignored
DislikedLooking at the M15 chart, I don't like that pinbar or the next red candle, so I am going to watch PA awhile longer. That's why I marked the next candle with an upward arrow. This is really the first candle that shows me anything. So I watch the next few M15 candles and now I have decided that PA is struggling too hard to enter this trade at this time. RSIs confirm this. I'll keep it on my watch list, but in my opinion, PA is too weak at this time to enter.Ignored