Hey G Sorry for the delay been so busy with the group and what not have to catch up here Firstly about your chart itself that bar is not a pin or really almost a pin since it has no nose. It's really just a "bar". So for me this is super easy to ...

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Hey G The biggest mistake here is that for me that isn't a breakout pattern. So when trying to trade a continuation bar the pattern becomes CRUCIAL for a breakout trade. The pattern should be very obvious and strong(see my recent eur/jpy chart) The ...

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Hey Ferox Be careful here. Remember we want to look for beobs up at swing high points your beob is at a swing low in a sideways market. With the gap still to close I can understand more the idea behind trying to use that beob but it is pretty small ...

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You aren't wrong dan No one timeframe is better or more accurate than another. But the problem new traders(and old) have with low timeframes is you must be able to process all that information much quicker. You must also control your emotions that ...

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Hey Mario Welcome to the thread glad you are posting your question This is basically the basic concept of space vs traffic(check out my video for more information) Your buob here is in a consolidating market making it tough to buy here without room ...

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Hey Heaven It doesn't play much into the short term thinking of the BO pattern. But it is a good reason why price may be stalling where it is and "boxing" once again Best Mike

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Hey Hunzul This all makes perfect sense. If we move lower I want to see price "bounce" once more off that lower rising TL to confirm it. Essentially I hold very little bias and just let PA show me the way. Bias can be dangerous in trading unless we ...

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great chart to watch

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Hey Steven Be careful remember when looking for beob we want them up at swing high points this is at a deep swin low in a choppy market. Can give a lot of issues like it did Best Mike

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Hey Hunzul If you notice I spoke how the top descending TL is by far my favorite(Dan liked that rising one but I explained the top is better because of the massive amount of touches). So yes you are correct. If we were to use that bottom one I would ...

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wow monster trade

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Hey Fyihhaur Glad to see you come out of lurking nice first chart If I were to play it a simple sell below the low of the DBHLC makes the most sense to me. THen we look for the TL to hold(as it did) and use that level to manage our stop. I'd say ...

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Hey G Here was what I wrote about this one yesterday in the PF ---------------------------------------------------------------------- In this case it is a pinbar, but not the biggest bar. So for me price looks more just like it bounced at an ...

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Glad it helps

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Hey J The thing to watch here is notice price just chops around your breakout area and pretty much invalidates the pattern. So finding a buob later on to me isn't valid anymore because at that point price is just in a box. You want your breakout ...

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Hey Mak I think getting to b/e quick on a bar like this is the best thing you can do. If you zoom out your chart a lot you can see that it's a very tiny pinbar with very little "space". So once that space runs out you are hitting a major trouble ...

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nice job M you're getting good at this

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Hey Dennis I put some notes on a chart to help you avoid bars like this Best Mike

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aud/nzd 8hr buob I took this morning just closed This is based on this chart I posted here too watch url these are my charts from the PF

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Hey Jibson Albus is correct it will come back to personal tolerance as a trader. Generally I am concerned with open risk(that is total risk at any one time if all my stop losses got hit ) as opposed to open trades. If I have reduced stop losses or ...

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