This is a great example of
how pin bars from key levels can be very high - probability trading strategies.
Notice
how the pin bar setups, the fakey setup, and the inside bar setup all are much easier to spot on the candlestick chart compared to the bar chart.
Thanks Nial, for going into detail on
how the pin bar is to be traded.Now to apply it to my new way of trading for me that is.
Not exact matches
The daily GBP / JPY chart below demonstrates
how a large, well formed
pin bar can tip off traders to longer - term changes in trend direction.
Note
how all the
pin bar's tails clearly protruded from the surrounding price action, showing a defined «rejection» of lower prices.
How to trade with
pin bar set up, so far I know about
pin bar.
Once familiarized with the
pin bar formation, it is apparent from looking at any price chart just
how profitable this pattern can be.
The daily USD / JPY chart below demonstrates
how a large, well formed
pin bar can tip off traders to longer - term changes in trend direction.
Now that we know the setup we have to look at ways to trade it, in this video I just demonstrate
how effective trading the
pin bar as soon as it occurs is, rather than looking at every single way it can be traded.
Great article on
how to focus on behaviour of
pin bar on any chart and make good trade..
Without any rules or filters here, we are just looking at
how profitable subsequent moves can be following a
pin bar setup.
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Pin it:
But, I don't get
how you determine the stop loss that's below the
pin -
bar.
What I demonstrate in this video is
how to use trend momentum, 50 % retracements, and the
pin bar setup in combination with one another to create a confluent or high reward to risk trade setup.
That would be the importance of learning
how to read your charts and specifically
pin bar set ups; knowing whether the setup is to your advantage or your being taken advantage of by big boys in the market.
... despite the price action signal e.g. perfect
pin -
bars): (Funny
how this video also addressed my recent «query»:) Although, these inside (
pin -
bar, combos?)
I can see all your videos are always along the trend, but there are some good trade that comes with counter trend, so, my question is
how do we recognize this kind of
pin bar that we work well on counter trend?
I am little confused abt the example which u have given for the choppy price of AUD / USD coz after the
pin bars were formed, the australian employment change news was released and market moved in an opposite side, so
how can we understand abt this choppy price action?
thanks so much for lecture, am grateful,
how can one spot the direction of the third candlestick since it will always form after the
pin bar?
How to trade with
pin bar set up, so far I know about
pin bar.
Note
how all the
pin bar's tails clearly protruded from the surrounding price action, showing a defined «rejection» of lower prices.
Here's one of my recent videos explaining
how I use one of my favorite price action signals; the
pin bar trading strategy, to trade in - line with the trend:
Once familiarized with the
pin bar formation, it is apparent from looking at any price chart just
how profitable this pattern can be.
The daily GBP / JPY chart below demonstrates
how a large, well formed
pin bar can tip off traders to longer - term changes in trend direction.
The daily USD / JPY chart below demonstrates
how a large, well formed
pin bar can tip off traders to longer - term changes in trend direction.
Without any rules or filters here, we are just looking at
how profitable subsequent moves can be following a
pin bar setup.
Great article on
how to focus on behaviour of
pin bar on any chart and make good trade..
e.g news at the end of the day could form a temporary
Pin bar / engulfing
bar that hasn't had time to play out, so would you wait
how the market reacts in the next session?
Please Mr. Nial,
how do we know all these inside, fakey,
pin bars you refer to?
This is a perfect example of
how we can profit from using Fibonacci retracement levels combined with a simple price action strategy such as the
pin bar.
I will show you
how to trade 5 min trading charts using
pin bars with 15 min expiry time.
The
Pin bar Forex Trading Strategy in the Training Video Tutorial Below will show you
How I made a Live Trade on the NZDUSD pair.
This video has been a great example of
how to use confluence to trade the
pin bar forex trading strategy.
Looking at the 9/22/2017 close for AUDJPY Daily chart
how would you setup a trade given that a bullish
pin bar just formed right after a bearish engulfing candle?
The forex trading educational video above discusses
how I trade the
pin bar reversal 50 % entry within a trading range.
How many times have you been in a
pin bar trade and then after a day or two an opposing
pin bar forms?
How does one actually «
pin» two different series with different error
bars together.