How Many Patterns Do You See Here? A Forex Trading Quiz

price action pattern chart 2ndskiesforex chris capre

I have been working really hard lately on my upcoming book ‘Trading Price Action‘ which I am seriously looking forward to finish and deliver to the world at large.  Currently I am dissecting a chapter on pattern recognition and came across this interesting chart.  In trading, we often look for fixed patterns we are trained to see, such as;

Inside Bars

Outside Bars

Although this has its benefits to spotting key formations in the market which can lead to good price action setups, we can actually get stuck into a routine of just looking for patterns with relatively fixed variables. This can actually hinder our overall pattern recognition skills to spot newer patterns and this is …

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