Ok here we go:
1 - a shy little pinbar. Not the biggest size, not the strongest close. Play it by itself ? My answer is never
2 - well well , location wise. It breached the last swing high. Getting interesting here. Orders above were cleared. Maybe a fake breakout? Maybe a stop hunt? Maybe just old resistance holds? Who knows... but we got information here - and that's the reaction!
Let's see it from the inside.
3 - a nice fat BEOB? no? Would you play this one right towards the PPZ (4), coinciding with this CLEAN trendline (5) ? I won't personally..mm no. But it's information! A lot of it!
4 - damn why i have two 4s... nevermind. You see it - it's divergence. One of my favorite things Powerful as hell, once you get how to use it . Another confluence.
Wanna dig deeper ?
6 - head and shoulders! YES! With a neckline that PPZ ! A beauty i think, knowing what we are looking at the bigger timeframes.
If now i play this head and shoulders on the H1 guys, tell me honestly... would you call that i am trading the lower timeframes and not the bigger ones?
I don't want to play the pin on daily by itself. Not that's bad, just i want it perfect!
I don't want to play the BEOB on the H4 because it's going right to a potential trouble.
And finally i want to play a tiny H1 head and shoulders ? ...that i would never play by itself alone...hehe
Too complicated ? I think i'm still pretty much attached to the "keep it simple". Just i know what i am looking at.
I hope at least some of you guys extract something from this "story" that will make your future trading better
1 - a shy little pinbar. Not the biggest size, not the strongest close. Play it by itself ? My answer is never
2 - well well , location wise. It breached the last swing high. Getting interesting here. Orders above were cleared. Maybe a fake breakout? Maybe a stop hunt? Maybe just old resistance holds? Who knows... but we got information here - and that's the reaction!
Let's see it from the inside.
3 - a nice fat BEOB? no? Would you play this one right towards the PPZ (4), coinciding with this CLEAN trendline (5) ? I won't personally..mm no. But it's information! A lot of it!
4 - damn why i have two 4s... nevermind. You see it - it's divergence. One of my favorite things Powerful as hell, once you get how to use it . Another confluence.
Wanna dig deeper ?
6 - head and shoulders! YES! With a neckline that PPZ ! A beauty i think, knowing what we are looking at the bigger timeframes.
If now i play this head and shoulders on the H1 guys, tell me honestly... would you call that i am trading the lower timeframes and not the bigger ones?
I don't want to play the pin on daily by itself. Not that's bad, just i want it perfect!
I don't want to play the BEOB on the H4 because it's going right to a potential trouble.
And finally i want to play a tiny H1 head and shoulders ? ...that i would never play by itself alone...hehe
Too complicated ? I think i'm still pretty much attached to the "keep it simple". Just i know what i am looking at.
I hope at least some of you guys extract something from this "story" that will make your future trading better