Trend Bar Failure

Thread replies: 3
Thread images: 1

Anonymous
Trend Bar Failure 2016-01-05 22:34:17 Post No. 1027037
[Report] Image search: [Google]

File: Trend-Bar-Failure-ES-Example.png (249 KB, 1500x793) Image search: [Google]

Trend Bar Failure Anonymous 2016-01-05 22:34:17 Post No. 1027037 [Report]

What do you think of Trend Bar Failure, and of Price Action in general?

I just do not get the validity of strategies based on the assumption that 'ppl r stupid xd', in the case of Trend Bar Failure the assumption that there are many stupid traders who get trapped in counter-trend trading.

Opinions?

>>

Anonymous 2016-01-05 22:42:28 Post No.1027049
[Report]

Anonymous 2016-01-05 22:42:28 Post No.1027049 [Report]

I don't think these are trend bars, in the view of Al Brooks.

Anyway, even if traders are not trapped, it generally means the market expects the opposite. For example, bullish pattern is quickly erased, smart traders can expect to buy even lower.

>>

Anonymous 2016-01-06 05:54:19 Post No.1027585
[Report]

Anonymous 2016-01-06 05:54:19 Post No.1027585 [Report]

>>1027037
The professional trading my friend cannot be in a 5 minutes chart, cmon. The problem isnt the chart, the problem its your timing.
I personally recomend 1 hour chart and wait for the validation of the level at least one touch on the same level then you can determinate the posible direction. I will show you some pictures of my trade maybe i can help you