Disliked{quote} Hey K I know you are frustrated with losses but it's important you are on DEMO while you learn from your losses and the mistakes you are making This pinbar was in a ton of traffic. It had no room to run. It still did go to the FTA. Have you seen my video on space vs traffic? Notice here price has no space so right when the pin breaks you are at a first and major trouble area, in this case specifically the BRN of 85. We don't want to say because price is bouncing of a support much lower it should keep going higher. We can't view a pinbar...Ignored
1. When you say it reached the FTA, are you talking about the BRN? I've been watching the WIPG series and i don't recall Jim ever mentioning that BRN's come into calculation as the FTA - it's always bar highs/lows as far as i can recall. On this chart for me the first FTA is the bar lows and highs to the right (see top blue line on chart below) - or have i missed something lol?
2. Don't PB's generally signal of price reversal and therefore by nature work there way back into traffic? I know there is light traffic and heavy traffic, light traffic being the preferred ofc but it would be beneficial here if you could explain in more detail why this is heavy traffic?
Cheers,
Bill