chart — chart. i took this one also.

2b pattern

watching — chart

2b pattern

another trade — this one was succesfull but i did something different. i combined the last 2 bearish bars so that i could get an important bearish bar.

2b pattern

update — 0.5 loss

2b pattern

eur cad — chart.

2b pattern

update — out of that trade. if the first bar goes against me i look for exit at 0.5 loss or around break even.

2b pattern

another one — this chart has also a pin bar in progress.

2b pattern

2 recent situations — charts

2b pattern

update — the order did not get triggered.

2b pattern

suggestion — the problem with that pin bar is that it is small compaired with the previsious bar. my feed doesn't show any pinbar. on your feed did it have divergence?

2b pattern

possible reversal — chart

2b pattern

answers — 1. we wait for 4 bars including the breakout. for the pin bar and the bb i the sell should be imediatly on the next candle. 2. i like to see pinbars and bb of good size and not so far apart from the previsious top. 3. 30m, 1h 2h, 3h, ...

2b pattern

exits 3. — now let's finish with a happy example of an exit. another 0.8 win of the initial risk. loosing trades are between 20-30 % and the majority of them are 0.2-0.3 percent. so if you win 1 you can afford to lose 2.5 trades. a full loss ...

2b pattern

exits 2 — now let's take a profit and get out of bad situations. a very important exit rule for this system is a contrarian pin bar. even if it is small you get out.a second bad situation is when you get a signal and after that prices moves ...

2b pattern

exits1 — 80% of 2b's reach 0.61 fib expansion. at least 60% of them reach 100 fib expansion.so you take half of the profit at 0.61 and you put your stop at break eveb. now you have 0.3 of the initial stop as a profit. if it goes beyond that ...

2b pattern

good one — there were similar charts on usd dkk , usd sek, usd jpy, eur usd. besides usd jpy which you could have gotten out with a small 0.25 loss (out of the initial stop loss) all of them made profits.

2b pattern

chart — another more recent example.

2b pattern

entry rulles — now the first part is the entry. first of all we must look for a previous swing point. we must look at the relative size of the bars contained in the pattern and we look at a meaningfull bullish or bearish bar(depending on the ...

2b pattern

chart no 3 — chart

2b pattern

2nd chart — chart

2b pattern