Category:1PB

来自BPAX Lab

The first pullback (1P) in the first trend attempt that can give you a good trader's equation.

  • The first pullback occurs only after three or more bars of breaking out[1].
  • The first pullback lasts only one or two bars, and it follows a bar that is not a strong bear reversal bar.
  • The first pullback does not reach the breakout point and does not hit a breakeven stop (the entry price).
  1. ↑ Book:Introduction (Trading Range)#SIGNS OF STRENGTH: TRENDS, BREAKOUTS, REVERSAL BARS, AND REVERSALS

From NineTransitions, 1P is more specific. The minimal requirements for the setup to work are:

  • There is a solid trending attempt on the open.
  • The PB is 2-legged and gives a good RR.

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