After an overshoot risk was usually too much from breakout out of signal bar to signal stop so I used a micro trend line break combined with a 50% retracement and fade the retracement with a stop entry this combination usually have price rushing in my favour with a great risk reward if not I eject the position immediately
@Albrooks_Price_Action_Trading2 жыл бұрын
he is my teacher. i love him too much.
@richardxxx5303 жыл бұрын
I have just done the mistake "weak bull buy" :-( lost $30 on $PEZT I should have watched this video earlier :-DDD Thank you very much, for opening my eyes.
@manishtiwari34863 ай бұрын
Hello Community I had a question In a trade which is reversing and after two small, bull bars, closing at their high, with long tails at their bottom, an outside bar was formed(again a bull bar) I got out of the position thinking the bears are sitting at the top of the outside bar, and they will push the market,back in the original direction. But the next bar(after the outside bar was a breakout. I got out because I did not know what to make out of the outside bar happening in the beginning of the trend. Can you all share some insight of how I can read that Thank you in advance
@davidmadle50076 жыл бұрын
many thanks - very instructive
@bpiedfort Жыл бұрын
Great video - thanks for sharing!
@matthunter95625 жыл бұрын
Great tutorial, regards from Indonesia Al.
@rockroll76494 жыл бұрын
Any discussion of wide range reversals without also considering volume is somewhat worthless. Not all reversals will be on climactic volume, but it certainly adds to your risk-reward ratio.