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- hibra68 replied Mar 12, 2019
Daily has a big body pinbar. 4hr evening star.
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 12, 2019
Yah man they look correct. I just dont know how good is 5 min. Because of spread might be too high for 5 min. I dont know about Dow jones. You should experiment and see if it might be better to place sl at top of railway pattern(for sells) and enter ...
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 12, 2019
Anyway everyone just like all thread starters I would like to see participation otherwise I feel like I'm doing this for myself.
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 12, 2019
Here 4 hr and daily. 4 hr has the big bodied pinbar pattern daily has classic doji pinbar and than bullish bar completing a morning star. Morning and evening star patterns are also great at reversals.
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 12, 2019
Ok I have posted examples before but I am posting 2 more examples at the bottom charts. Audjpy 4hr the ping rectangle is a bullish bar at the end of a down trend. The bullish bars low is lower than the bearish bar's low that is before it and the ...
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 12, 2019
I dont have statistics for that as I have not traded the patterns that long. I used indicators mostly without success. So the pattern trading is not new to me but I had not traded it before. But for me the advantage is the RR. Your winners are ...
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 12, 2019
Stubborn dont want to go up. Lol
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 12, 2019
Moved down about 30 pips
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 12, 2019
This has moved up good.
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 11, 2019
Definetly , daily is best. Weekly is not my style.
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 11, 2019
This is a similar one. But be careful these could just be trend retracement.
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 11, 2019
This is not a railway pattern but I still like the way it looks. I think when taking these trades we have to take advantage of tight stops and go for big RR
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 11, 2019
Anything could happen but since it has been a bullish trend I'm looking for it to go down.
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 11, 2019
I dont have any experience actually. However, I had concentrated on price patterns heavily early on. And I have forgotten about the railway pattern until recently. But from just looking at it with naked eye, it seems to work very well. Now you can ...
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 11, 2019
The obvious pattern is pinbar. But I have pointed out before the pinbar with big body at the end of a trend is another pattern. Here is an example the green box. Preferably a bearish candle at the end of a bullish trend and vice versa.
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 11, 2019
Here is a good looking one
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 11, 2019
Here is another one might be ready to sell. Again trade at your own risk
Railway tracks and other reversal and continuation patterns
- hibra68 replied Mar 11, 2019
Another one that might be ready to go long. Again trade at your own risk or trade demo.
Railway tracks and other reversal and continuation patterns