POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

mikeriley said:
Forget that book knowledge stuff.
Just look for the highest high,
or the lowest low in a 3 or 4 bar sequence on the 4 hour time frame.
Same thing works on the 1 hour time frame.
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I deleted my post because I made a mistake
Still that’s what I see … one loss :p

in white the reversal patterns
Green / red is profit / loss from close to close

But you might be reading it differently.

IMG_9320.jpeg
 
I am nitpicking above
Just because you implied it never fails.

That’s an interesting way of reading PA
But nothing works 100% of the time.

It has the merit to fail small & succeed big
At least in a trending environment.
 
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mikeriley said:
Forget that book knowledge stuff.
Just look for the highest high,
or the lowest low in a 3 or 4 bar sequence on the 4 hour time frame.
Same thing works on the 1 hour time frame.

Example below for Gold..only thing required is PATIENCE..
as it would take 20 plus hours to win this trade.

View attachment 318163
More...

I would have had the same entry / sl placement but with another kind of reasoning.
 
My mentor always called Swing pivots, Energy points
of continuation and Energy points of reversal.
Pivots can indicate what price "might" do.

Illustration for British Pound 15 minute chart.

Screenshot_79.png
 
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