Dislikedthanks a lot cwl..
price made its first attempt to break 1.4000 level after major news release today..
I started watching it in 5min timeframe as price made a 4hr pinbar right at 1.4000 level.
But failed to make a good bearish price action so far...Ignored
I've been looking at your method in more detail, the more I've analysed the more I like it even though the principles in your method are similar to how I normally trade which is PA. I've several questions but over the weekend I will arrange some charts to edit and show so will take a bit of time. A Comment on your last post after that 4H bearish pin I take it you were looking for a counter trade than in your 5min eg you show price retracing to the 61.8 with a pin bar and than you got a second pin bar, you say you dont trade 5min without confirmation candle now was the 2nd pin not a confirmation candle as it got rejected twice from the same point and at 61.8 level. Can you please explain and show what you consider a confirmation candle on the 5 min please.
Thanks