yes — if div was present you can also interpret it in that way but on my charts that pin looked very small so i combined the bars to get a meaningfull bullish bar.

2b pattern

ok — tex feel free to post anything you like.

2b pattern

answer — hy tex. on the second arrow we have a bearish outside bar and with divergence. it is a valid 2b setup. delta

2b pattern

update — chart. the 100% expansion target was hit.

2b pattern

answer — they way i see things divergence is a must. in the case that you presented me with: let's suppose it had divergence it still was a no trade for me because i would like to see a max of 4 bars at the second top.

2b pattern

example — chart.

2b pattern

update — chart

2b pattern

trade — chart

2b pattern

charts — maybe in the future spreads will become lower so that i will get more opportunities to enter. nice happy song: url

2b pattern

success — if you want to see some success stories check this link. url . this contest is only on live accounts and most of the winners made over 90% return in a month. the broker also gives them a nice 15000 chf watch.

2b pattern

another — this guy who wrote the article...phd(very smart) has the logical thinking of a monkey. first of all the article says that 82% are loosers. that means that 18% are winners. here is his conclusion: "The truth is: They can’t … they ...

2b pattern

so — all i got from that article is this “The more you trade the less you earn.”. it sounds the same as in don't overtrade. imho that's bullshit. like in that probabilities game that i pointed out the more you trade the more you reach the ...

2b pattern

myth — looks like a myth has been broken. we all heard about those 5% who make it in this business. look at this url . 21% minimum. the obvious conclusion is that traders have become better.

2b pattern

nasdaq — nasdaq.do the guys on wall street know about this? . my guess is that this pattern represents a psychological response towards the previsious top/bottom. so if the psychology does not change this pattern will continue to work.

2b pattern

update — it's friday night and i don't want to hold this position anymore. i'm out breakeven.

2b pattern

test — i always listen to music while trading. here is something from bucharest productions. inna - sun is up url

2b pattern

ok — chart a lot of opportunities this week. image

2b pattern

spread — this was a good situation but the spread was 2.3 and the whole pin bar was just 17 pips. so a no trade situation. the thing when taking pins at retracements for me is that fibs don't matter. it matters a lot if the pin is reacting to ...

2b pattern

i agree — spread and also bid/ask different prices when you exit eats up from you're profit. i think that the best spread is 0.05 of the initial risk. 0.1 of the initial risk is quite high.

2b pattern

probability — coin toss. the probability of a coin toss is 0.5. in practice if you want to get exactly 0.5 you have to make a big number of tosses. you can practice probabilities with this url . it's interesting if you have a bet like this : ...

2b pattern