Sentences with phrase «preceding bar»

As usually, I will utilize the breakout bar's low as my stop - loss unless it is positioned mainly outside the border; in that case, a low of preceding bar will be used for SL.

For this, the outlook of the preceding bar is critical.

An inside bar is a bar (or a series of bars) that is completely contained within the range of the preceding bar, also known as the «mother bar».

Once that is done, we'll tend to filter out the inside bar (gold bars) formation to get one where the first bar closes lower than the preceding bar, with the next bar being an inside bar, while the third bar that comes after the inside bar to finish off the 3 - bar price pattern closes lower.

And I only take those pin bars that have more volume than the preceding bar and that produce me at least 60:40 winning opportunities.

Once that is done, we'll tend to filter out the inside bar formation to get one where the first bar closes higher than the preceding bar, with the next bar being an inside bar, while the third bar that comes after the inside bar to complete the 3 - bar price pattern closes higher.

The second bar was a strong bearish bar that fell below the preceding bar with increasing volatility.

In all the charts that follow, if a bar has green background, its volume is higher than that of the preceding bar.

Wider when we compare it with the preceding bar.

However, the third bar was rejected by the high of the preceding bar and showed increasing selling pressure.

If a bar has red background, its volume is lower than that of the preceding bar.

I will set my stop - loss level to the breakout bar's low or to the low of the preceding bar if the breakout bar will trade mostly outside the pennant.

Study each price bar with respect to the preceding bar.

The outside bar forex trading strategy is a price action trading strategy that involves having the range of a price bar exceed that of the preceding bar with a higher high and a lower low.