Sentences with phrase «small pin bar»

Crude Oil moved higher last week following a small pin bar at 60.15 support last Wednesday, a scenario that we were looking for in our March 12th crude oil discussion.
The only benefit to a relatively small pin bar is a tighter stop loss.
You said others traders would have gotten stopped out at the small pin bar.
Note the small pin bar on August 7th of 2013, the pin bar and subsequent powerful bullish move from it told us that this $ 1277.00 level was an event area to keep our eyes on if price re-tested it in the future.
3: This was a smaller pin bar but it was showing rejection of a solid resistance level and after the huge run higher that had just occurred it would have been a price action sell signal many traders would have taken.

Not exact matches

The actual pin bar itself is a bar with a long upper or lower «tail», «wick» or «shadow» and a much smaller «body» or «real body», you can find pin bars on any stripped - down, «naked» bar chart or candlestick chart.
The pin bar is simply a bar with a long tail and a very small body, preferably the bar should close in the direction opposite to the tail, meaning if you are going long you want the close higher than the open and if you are shorting you want the close lower than the open.
Step 4: Hot glue the small hole of flower to secure it, and then using extra glue, press on the bar pin into the back of the flower.
Note that this was not exactly the best pin bar signal because it was a bit small and its tail didn't really protrude out from the surrounding price action.
Due to the smaller size of this pin bar you had the potential for a quick profit of 2 to 3 times risk since the stop loss required was relatively small.
The actual pin bar itself is a bar with a long upper or lower «tail», «wick» or «shadow» and a much smaller «body» or «real body», you can find pin bars on any stripped - down, «naked» bar chart or candlestick chart.
The Pinocchio strategy is called such because it looks at candles which have small bodies and very large wicks; these are called Pinocchio or Pin Bars.
The pin bar is simply a bar with a long tail and a very small body, preferably the bar should close in the direction opposite to the tail, meaning if you are going long you want the close higher than the open and if you are shorting you want the close lower than the open.
For example, a pin bar signal with a nice long tail and small real body is usually a «safer» pin bar to consider than one that's «on the fence» between being a pin bar and not being a pin bar.
If you read last week's USDJPY commentary, you may recall my comment about the relatively small size of the pin bar.
Sometimes a pin bar set up fail because it did not meet its full characteristics such as a long tail and a nose as well as the small body.entry at the 50 % of the pin bar or pending order below the nose
The specific type of pin bar candlestick that you should look for is one with a long tail and a small body.
I have a small doubt as I do only trend trading using pin bar for price rejection, apart from pin bar are there any other rejecting price action
The number one characteristic of a Pin Bar is that it has a small body followed by a large shadow or wick.
A Pinocchio bar (aka Pin bar) had a long wick (nose) and a small body.
It is a small executable, which you have to pin to your task bar like any other program.
AnandTech notes that Edge has also added two other small but useful features: the ability to pin tabs so they take up less room on the tab bar and a «paste and go» option in the address bar to quickly navigate to a URL stored in your clipboard.
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