PS:
Also, an inside bar would not have triggered the trade...
Trap Breaker 77 replies
Weekly Range Method 59 replies
bo7a method... method for GBP/JPY 205 replies
The Breaker Strategy - Trading Recent S/R 78 replies
The Weekly Opening Range Method 28 replies
DislikedThe definition of a pin bar is when the body is really small and the the tail is really big. That is not a pin bar.Ignored
DislikedHere is a EURUSD chart with another 2 textbook examples on the M1 time frame. First one you would have entered on break on the bullish engulfing / outside bar. Second entry was just below the very clear pinbar with divergence on the RSI.
Also both trades happened on a good location, previous S/R levels.
Both trades were good for at least +12 pips each if you exited on the nearest S/R level.
I'm hoping that someone finds this useful for spotting potential trade setups.Ignored
DislikedA setup with double pin bar. Anyone took this?
M15 might be interesting too.Ignored
DislikedYup .. took entry on the 1 minute after watching the setup develop on 15minute, as shown below ..
It was good for an easy 30 pips from my entry to near the bottom of the last green bar of the 15minute, so I rode it down, as I figured it's more than likely to engulf with the set up on the 15minute, 5minute and 1minute converging so nicely.
Trading can be long hours, watching charts, reading, all hours of day and night especially while you are learning .. all for just one or two trades a day. No wonder most people can't succeed in this game, there's...Ignored
DislikedJust took some quick +10 pips on GU on the M5 time frame while working in the office...amazing stuff you shared, Razorman...
Daily goal reached within 6 minutes!!
PS:
I use TeamViewer to login to my notebook at home.Ignored