Forex Price Action

Hallo Jack.C!

Good stuff!, kudos.

Just a clarification: inverse pinbars are the ones we DON’T want to be trading. A valid pinbar is just a ‘pinbar’ (whichever side it’s facing)

Good job mate :slight_smile:

Cheers

Nice sweet pullback on FT100 D1; been some time since I’ve seen such on D1.

Stalking…


.

Hello, everyone!

Is it a valid BEEB from a valid swing point?
AUD CHF H4:


Thanks!

That isn’t a BEEB. The candle must close BELOW previous…

Hi,

It’s actually a BEEB (i.e, it’s fully engulfing the previous candle), only not a trade-able one [ since it did not close strong in bearish direction (last one-third of candle) ]

Cheers

Pinbar formed at swing low on GBPCHF.

very good call sir, now that the pin bar has formed, how do you plan on entering the trade? and setting stops etc

I took this trade even when it is not really BEEB and closed with +80 pips already, …:57:

Yeah…but stuck in a choppy patch and trading into resistance at 1.4545. Pass for me

Forgive my ignorance… but how do u position size futures?

Thanks for the correction Dudest. I think the BEEB/BUEB forms only when price close below/above the bottom/top of the candle…

[QUOTE=“dudest;497042”]Nice sweet pullback on FT100 D1; been some time since I’ve seen such on D1.

Stalking…

<img src=“301 Moved Permanently”/>

.[/QUOTE]

Which broker do u use to trade indices dudest?

I always enter on various fib retracements. Out of respect to Johnathon and those following this thread, I won’t get into it here because it is an entry/exit strategy I use that is different than Johnathons.

My entry buy order did end up getting triggered, I am currently up to almost 1:2 reward, and stop moved into break even.

[QUOTE=“krugman25;497157”]

I always enter on various fib retracements. Out of respect to Johnathon and those following this thread, I won’t get into it here because it is an entry/exit strategy I use that is different than Johnathons.

My entry buy order did end up getting triggered, I am currently up to almost 1:2 reward, and stop moved into break even.[/QUOTE]

Nice man! Choppy but gd trading!

Pin bar formed on GBPNZD right on support/resistance line on the 8H chart. How does this entry order look?



[QUOTE=“Ipbyrne;497161”]Pin bar formed on GBPNZD right on support/resistance line on the 8H chart. How does this entry order look?

<img src=“301 Moved Permanently”/><img src=“301 Moved Permanently”/>[/QUOTE]

Mate have u read the first pages of this thread? It’s not at a swing low it’s at a swing high, your trading straight into resistance

[QUOTE=“Ipbyrne;497161”]Pin bar formed on GBPNZD right on support/resistance line on the 8H chart. How does this entry order look?

<img src=“301 Moved Permanently”/><img src=“301 Moved Permanently”/>[/QUOTE]

Sorry are you are trying to go long right? Ur charts a bit difficult to see

trying to go short

Hey Ipbyrne, it’s hard to see your chart. can’t see any tradeble PB at the moment.
It will be great if you can zoom in your chart. Cheers

heres a bigger pic of it, its the last candle, and I meant to say it was on the daily chart