Wednesday, November 5, 2014

1182 - don't understand, but just follow

Lost money in the below trade.

I went to read about pin bars.
It is supposed to be small body, big tail.
The tail should be 3 times longer than the body.
Apparently, the above does not qualify.
And I seriously do not understand the logic.
Isn't it an even better version of pin?
Not only does it form a pin, it continues to surge higher, forming a larger body.
But why is still a pin better?
Haha, I do not understand.
But at least I learnt not to go against it.

Apparently, but don't understand.
Here is something to cheer me up.


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