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knkie replied Nov 26, 2018Long on M1 @ 1.1330 another 'digger setup''
Its really changed my trading in a positive way !EURUSD only
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knkie replied Nov 26, 2018its something I struggle with Kay... Consolidation is as you say often just before the move continues, but it makes me nervous sometimes and I bail. I need to find a good way to tell wether it will reverse or continue... I have a level at 1.1318 ...
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knkie replied Nov 26, 2018Excellent ! Alot of traders got wrong footed in the morning...
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knkie replied Nov 26, 2018Hey Kay i got out with 24 pips which is wonderful but I should have held on... It looked like price was consolidating and then it just fell further lol. \ We HAVE however hit last weeks LOW and so now i am looking to go long but only as a fade
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knkie replied Nov 26, 2018hey Kay, sorry for the later response....... On the hourly the bars do form the Kangaroo tail. Some chartists are picky and say that the Open-Close body of the pin bar should not be more than 33% of the Hi-Lo range of the pin bar. I tend to ignore ...
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knkie replied Nov 26, 2018Another Kangaroo tail on M30. Regression just turned downward it should drop fast now
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knkie replied Nov 26, 2018with good Money and Risk Management, you should still come out in profit if you flip a coin. IN THEORY !

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knkie replied Nov 26, 2018I have 1.1272 as 2 standard deviations from last weeks average.

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knkie replied Nov 26, 2018id be very interested to know why. Could you elaborate please?
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knkie replied Nov 26, 2018Apparently an entire website is dedicated to this topic : url

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knkie replied Nov 26, 2018now actually but my question was not about when. it was about whether one can call a bear drop a bear run i was making a haha
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knkie replied Nov 26, 2018Im still convinced of my short !
Targets: Weekly low @ 1.1326 Weekly 2 stdev @ 1.1272 (!!!!)EURUSD only
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knkie replied Nov 26, 2018I think I pulled a Digger Trade ! Hey Digger, take a look at the picture please. The only thing is, when price made a second shoulder (nr.1) I entered, but price came back and made a third shoulder (nr.2). Nr.2 is better but would you have waited ...
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knkie replied Nov 26, 2018a kangaroo tail is a wick bar with its body within the preceding candle and then one more candle that breaks the pin Hi or lo. That last addition is the difference with a simple pin bar.
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