attachment (135)

GBPUSD-Daily FOREX

B=1.7788 A=1.7792    Hi=1.7800 Lo=1....

1.8200

1.8100

where my stop is now resistance and where flrst eye formed

1.8028

■maiaias

"pin" i BEB

_first eye

1.7900

1.7788

1.7700

H I    I' HN    IIIIINU

here is the pin bar from yesterday. there is descretion inuolued with this trade initial stop could haue been aboue the pin bar or aboue the first eye. notice the first rye is also euen with the bar in october or resistance. now what kind of trader are you do you want the quick pips or do you want to ride it hopefully for a better moue if you played a short break of the pin at 7810 it has moued around 30 pips in your fauor the bar after the pin is a BEB so thats telling us there is a reasonable chance we may get morę. this takes time and practice but unlike indicators its not lagging info i am in this trade and my stop initially started ouer the pin and is now just aboue the eyes at 7905. sometimes i take a quick profit based on how good the initial set up was and sometimes i giue it some room. it comes with practice. the whole idea of this materiał is to learn to read your charts like a book instead of like brail.

1.7600

1.7500

1.7400

1.7300

1.7200

1.7100

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