DislikedWork around it? Do you mean, for example, that all pinbars are not created equally? Like those that happen to occur in traffic, etc.?Ignored
Head on the block time again !
I wasn't specifically meaning Pinbars.
What we are trying to do is work out why the market moves in a given direction.
Without trying to understand who the major market participants are and why they are buyers/sellers.
We have to grasp the idea that each participant has to eventually liquidate to close his open trade.
Now given that in excess of 90% of Foreign exchange participants are losers, then it must be correct to assume that the majority of market movement is caused by traders bailing out of losing positions.
What you now have to do is exploit this as best you can.
You just have to start looking at the market differently.
This particular thread is probably not the place to discuss this concept.