Hi PlayerI missed your post earlier and I took no more trades on...

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    Hi Player


    I missed your post earlier and I took no more trades on GU because I had to pick my daughter up from a Bus Stop ( 45 minutes down time ).

    But I trade the pullbacks on a proven trend.   The Bar I trade is the one that 'Thrusts" back in the direction of the trend.  It needs to be a Large Bar that closes very near its tail to prove its not intending to stop soon.  It can't be huge because we all know those bars reverse by the next bar.  

    It can often be a Bearish Outside Bar ( BEOB ) or even better, a Double Bar High Lower Close Bar ( DBHLC ). 

    Here is a chart of GBPUSD where I would have entered if I was sure the Sell Bias was correct.

 
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