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- tex123 replied Nov 30, 2018
I can understand why some folks traded this one.The risk was ok within a pip or 2 to the pivot low versus my candle risk and this is the first thing i allways look at before i consider a trade.Very good time which was the start of the us open where ...
pin bar trading
- tex123 replied Nov 26, 2018
Conservative MM right here. Strict MM will keep you in the game.This is the chart above.Also i never count the spread just the range of the entry candle or #1 and #2 candle combined and divide by 2 to calculate my cover price.It's important to check ...
pin bar trading
- tex123 replied Nov 26, 2018
This spread was a little high for me--5 pips.Can anyone tell me where the entry here would be ? Pm me
image pin bar trading
- tex123 replied Nov 26, 2018
1st target hit.....nice momentum and our stops did not get taken(no retrace) out trading conservative MM. Trading aggressively to the pivot low should have worked out too.Very very important to all-ways look to the left of chart ---- entry-risk ...
pin bar trading
- tex123 replied Nov 26, 2018
Time to cover now on the conservative MM. From the low of entry to the pivot low was within 2 pips of being a 1 to 1 RR.I'm anticipating low liquidity being the US holidays .But again i've seen it bust wide open during the holidays
Protect ...pin bar trading
- tex123 replied Nov 21, 2018
Ok here we have a double top--v like formation....not quiet in a range yet. Conservative MM would have been break even ---take it down to pivot low would have been a clear winner. Not a bad trade. 4 pip spread.#2 entry which is right after my ...
pin bar trading
- tex123 replied Nov 20, 2018
If you did happen to trade this one it's time to cover imo. We met half our risk with a green closed candle on the halfway point. Great job if you did trade it .I want to wish everyone a happy thanksgiving.
pin bar trading
- tex123 replied Nov 20, 2018
This is a descent setup but the daily rsi is down so i'm going to pass on this one. This is a top 25% close and engulfing type candle.Still may go up since there is room to the pivot high to the left.I prefer my daily rsi going up and it's not . ...
pin bar trading
- tex123 replied Nov 19, 2018
Ok we have a loser...this is another #2 entry that qualified.Did get filled on the next candle after the entry candle but the spike took us out. No matter how good a strategy is the market will humble us and that is a fact
I'll keep trading this ...pin bar trading
- tex123 replied Nov 19, 2018
I have some quiet time tonight so i wanted to post this one. In my rules i stated we could enter on the next candle after the highest high of the last 5 candles as long as it met the risk criteria to the pivot low and in the sweet spot zone of the ...
pin bar trading
- tex123 replied Nov 16, 2018
Ok target hit and closed out for the weekend.One position here only because didn't won't to carry over the weekend. Here is a more detailed explanation on the Aud/cad. You can see our risk which is our entry candle versus the top pivot to the ...
pin bar trading
- tex123 replied Nov 12, 2018
I missed this one. The entry candle(risk) was within 4 pips of being 1 to 1 to pivot low.. Not too bad. Should be in good shape if you covered at half your risk. image
pin bar trading
- tex123 replied Nov 9, 2018
You can refer back to this post for the rules :I'm going to try to post this on my 1st post..the page # anyway. I'm no longer trading the pin bar trading strategy. This 5 bar--candle pullback is much more consistent on winners trading with the ...
pin bar trading