I missed this one but a real descent set up here and at a good time. Need to be real mindful of the spread here.I went into a little more detail here. image

pin bar trading

Correction on candle count on the above chart : The #1 candle should be where #2 is and the #5 should be under the green pin or rejection candle.The qualifying candle was the green candle after #1 candle. Placed a buy stop 2 for the spread + 1 =3 ...

pin bar trading

1st target achieved. I'm covering on #2 position.The risk versus the pivot high(potential target) to left looks good too. image

pin bar trading

This is just trend -price action.Look to the left of your chart --RR is good before entry.Seasoned traders look at their risk before engaging.Look where price bounced off the pivot high to the right.Top 25% closed entry candle with the close and ...

pin bar trading

2nd position closed at a nice little profit .

pin bar trading

First position hit first target---2nd position still open at break even

pin bar trading

The london session starts in about 30 minutes so i'm going to cover now and 2 1/2 hours before this candle closes.Anyway did get filled below the entry candle.The US session i would monitor.Have a good night. image

pin bar trading

This pair nzd/cad (3 pip spread) not too bad. Nice pull back here . Look at the momentum after nice signal top 25% close candle...small green pin.We look to the left and see are pivot high to the left versus are risk (entry candle). Not a perfect ...

pin bar trading

Thanks Danc for your support.

pin bar trading

Another rangy one -and depending on the exits either break even or winner.Not a good trend. You can see pin bar created at the pivot high to the right of price.This was a good exit confirmation.Not saying price won't keep going up. No one knows. I'm ...

pin bar trading

I've been pretty busy but i will go over a couple of setups that qualified per rules.The EY was obviously ranging here and the next candle after entry candle(red arrow) did not get filled after entry so personally i would have negated trade. A more ...

pin bar trading

I would never trade this pair because of the spread.Anyway this is a good example how the buyers come in 2hours after after the london session.You can see how price and momentum shot up with no heat on the next candle. The little zone on the left ...

pin bar trading

Sorry the red line is the covered price point.

pin bar trading

Anyway this is an example on exits ....i've had some traders ask me about it. First of all exits is the most difficult part of trading imo...it can really work on the emotions.If your trading a quiet a few pairs that means more risk ...so really ...

pin bar trading

2 to 1 RR eventually

pin bar trading

This one happened late in the day( right at daily candle close) --momentum finally pushed down.Everything lined up well.Daily rsi down-lower 25% entry. The distance between the entry and pivot low was at least a 1 to 1. Another rangy one. Trading ...

pin bar trading

Cad pair here was sideways and had a spike on the #1 candle. Somewhat risky but made it to the first target.My daily rsi was sideways as well.Top 25% entry close.Also if i don't filled on next candle after signal candle i negate..that is me...no ...

pin bar trading

We was covered here so didn't lose here.

pin bar trading

You should have allready made it to your first target depending on your positions you have

pin bar trading

Nothing exciting dragging along This time of year momentum could start slowing down.Anyway this is a 5pip spread.If your stops are covered by now everything should be ok. image

pin bar trading