Dislikedtwo trades i did yesterday. i am more of a intraday trader so not sure if this suits you guys. {image} {image}Ignored
Continuation or reversal trading M15 6 replies
Continuation patters versus reversal patterns 0 replies
Three line strike: reversal or continuation pattern? 0 replies
Engulfing candles vs Railway Tracks 3 replies
continuation patterns 2 replies
Dislikedtwo trades i did yesterday. i am more of a intraday trader so not sure if this suits you guys. {image} {image}Ignored
DislikedHi, I have been looking for a good railway tracks pattern indicator and I have not found one. If anyone can make one or have link please post. So I have visually looked at this pattern, its nothing new, but I am gonna trade it with confirmation. The chart below has 2 rec. Boxes. The one on top shows the railway pattern, the one at bottom shows confirmation. So if today the daily candle closes bearish sunday we take a short, sl is the size of the pattern the tp is same {image}Ignored
DislikedHi Hibra, thanks for the thread. What are your thoughts on this one? {image}Ignored
DislikedI saw this today in dow jones 30mins, but wanted to ask you if this is a pinbar pattern? If you see in this one the wick of the pinbar is not higher than previous but still the reversal happened. {image}Ignored
Disliked{quote} Hibra, thanks for everything my dear, about the losses first where do you recommend the placement of the stoploss? and the other comment and would like to know your opinion, I have been doing both patterns for very few time, just days but my perception is that the railroad track is not as powerful as the kind of pinbar pattern, usually when that pinbar reversal appears is like fire so far I have seen , what do you think?Ignored
DislikedIt is the 11th candle from the right, sorry for not describing It more in detail, a pinbar maybe? it went up after it appeared this morningIgnored
Dislikedthis one the pink line is stop loss the big rectangle entry zone {image}Ignored