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Trade Review: 5/12/23

As of May 12, 2023: 6 FBD trades down, 94 to go! Well, probably more like 5 FBDs…the one I took today I am not so sure would qualify as a true FBD setup now that I’ve pondered it a bit more. So we’ll say officially: FIVE down, 95 to go! I’m not...

100 trades of the Failed Breakdown (FBD)

Adam Mancini’s core setup is the Fake Breakdown (FBD), also known as the 2B Pattern as analyzed by Victor Sperandeo (Trader Vic). <– The link explains the setup in depth so I won’t rehash too much, but below is the general gist of the pattern: Key...