Are you trading the Inside Bar there? Start on the low of the mother bar? How about now, that this mother bar was broken upwards?
I set OCO order @0.86 and @0.8565 with SL @0.8610, and obviously got stop out for 10 pips loss
I’ll wait for the price to test next level @08650 and @0.8700
Not a bad signal, very large and it sticks right out at you,
I am watching EURAUD at the moment to get in short from this Bearish rejecting candle off a daily swing level…
Hey all, was looking for some feedback on this setup.
Bullish USDCZK
Pros:
Train track reversal pattern
Rejection candle near resistance
Medium term trend is up
Close to mean
Cons:
Short term trend is down
Hi Van,
Thanks for posting your trade setup.
First take a look at the market, the conditions are horrible. That chart is stuck in heavy consolidation with wild up and down movement, there is just no stability to trade from here. The Rejection candle isn’t a strong signal either, it has a heavy bearish close.
One other thing, I don’t think you’ve marked your support line effectively there, from what I can see from your chart I would place a support level at the 19.6250 area.
Regards
Thanks for that DnB!! Was hoping you’d say something against taking this trade!
I’ve got that support line marked from a 3 year weekly view, so it might not line up exactly on daily views.
Oh alright, well I only market support and resistance levels that the market has recently been respecting on the daily and weekly chart. This I believe keeps everything lines up with the current chart dynamics. Marking levels from 3 years ago doesn’t mean that’s what the market is going to respect today if you know what I mean.
Yeah I know what you mean, I’ve always viewed support and resistance as an “area” which works well for divergence trading. I’ll take your suggestion on board for price action trading.
I have this setup on the nzdusd.
- Bearish rejection candle at 3 points of resistance
a) horizontal resistance at 0.84798
b) dynamic resistance of mean
c) broken under long term ascending trendline - close to mean
- short term trend is downwards (from a record high)
- the two candles before the pinbar are a double inside day? (If i have my terminology correct)
Many US pairs having produced pin-bars on the friday of last week, however their setups aren’t favourable in my opinion.
Do you think these two events are relevant?
This is a good setup, a couple of guys were talking about it in the War Room.
The weekly level is now acting as resistance again after that false break pattern last week. That’s a nice V shape rejection of higher prices above that weekly level, bring on the bear markets for faster profits I say 
Also the AUDUSD looks very week, and we are also watching a double top on the AUDCAD market which has a bearish rejection candle putting heavy bear pressure on the neckline.
Hello DNB great thread you are having right here… may I have your opinion about this engulfing bar on the AudCHF daily… how do you feel about it? Do you think it will be trading right into support now became resistance?
Regards
Which inside bar?
[QUOTE=“vasude;482945”]audusd short entry ,a pin bar is formed at levels
<img src=“301 Moved Permanently”/>[/QUOTE]
Aussie seems to headed north. Lets see if it could closed above 1.0400
@VASUDE and other members on the war room, have you guys been consistently profitable from the war room monthly?
Am planing to buy the dnb course and join the war room, i just want the guys who have been around there for quite some time now to affirm if the set ups and ideas discussed there is doing any good to their account?
Hello Esosa. I have only been a member of the War Room for a few weeks so not sure if you deem my voice eligible. But, for me, not only have I gained pips from Dnbs Strat/method but probably, of more value to me is the live chat room.
I dont know Dnb or anyone affiliated with the site but I think it really is excellent value for so little one off fee. Too cheap 
yes we benefited from his book how to trade price action ,picking trades is our choice,dnb discuss his setup in his blof too.totally we enjoying war room.
Yes i am a member of a war room and You can really learn how to trade profitable as Pro Trader do that.
I am not a member of the war room as I have reached a stage where I just need to figure some stuff out for myself. But I have chatted with DNB several times over email in the past and can vouch for the fact that he is very generous with his time and advice. I have no doubt that what ever the charge for the war room, it will be worth it many times over.