EURUSD Trades
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- TheRumpledOne
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Ali Son wrote:4x=0,
Can you elaborate some more. I've never heard of Pinbars until TRO started working on them, and as you suggest below, they seemed deceptively not useful to me.
Thanks.
Pinbar is short for Pinochio bar. Pinnochio is lying that prices are going one way, but they are really going the other way. I've also read them as called "tails" (like a kangaroo I guess) or "spikes". This particular PB would be taken LONG. Play a break of the actual pin (the preceding bar is the left eye), or play the retracement of the right eye. (SundaY). Put your stop below the pin in this case, or once you get better, put it at the 62% of the pin.
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- TheRumpledOne
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How to combine other systems and indicators with the buyzone.
It's something I'm still working on. The thing when combining systems, is that you must be proficient in BOTH systems. Really it's all about organization. Organizing the fragments that make up the mosaic, as Michal put it in another post.
Just for laughs, here is another piece of my mosaic... I call these my buyzone "forms" (as in Plato). These are great but I have yet to work them into the trading plan, so, BACK TO THE LAB.
2008 will be fun
It's something I'm still working on. The thing when combining systems, is that you must be proficient in BOTH systems. Really it's all about organization. Organizing the fragments that make up the mosaic, as Michal put it in another post.
Just for laughs, here is another piece of my mosaic... I call these my buyzone "forms" (as in Plato). These are great but I have yet to work them into the trading plan, so, BACK TO THE LAB.
2008 will be fun
oh uh, thanks Alison. Funny thing about these "forms", it pretty much takes a human brain to recognize them, lucky for us . Did you know some people can recognize and learn all sorts of things just from reading your hand writing? Not you of course, but I've seen it before. Pattern recognizing, some people have an amazing ability to recognize patterns. I know a guy who is brilliant with words and word organization. I believe recognition occurs on more than one level of your "consciousness". Luckily I was able to pull that s%*t out of the ether and put it on the white board for all to see.
This particular trade was a known short. simple as that.
This particular trade was a known short. simple as that.
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