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- tex123 replied Dec 15, 2017
This one wasn't quiet a 1 to 1 RR but very close. No confluences anywhere just strictly price action entry--one indicator RSI- with multi-frame(4hr entry-daily) confirmation...So If i actually traded these last 2 pairs . It would have been 3 winners ...
pin bar trading
- tex123 replied Dec 15, 2017
Ok lost on the eur/chf above ...no excuses just a lost it happens and losers will happen and part of the game.Everything was setup good technically. This one NZDwas winner and may have more room to go further.About a break even week. Actually this ...
pin bar trading
- tex123 replied Dec 14, 2017
Here is one that looks technically ok. We have red news coming out a 3:30 am ...so we'll have to see if it effects this pair.I placed a sell limit on this one because i seen the set up late. So if it goes half down without filling my limit i'll ...
pin bar trading
- tex123 replied Dec 11, 2017
I'll be watching this one.Cpi news coming out at 3:30am my time. Still have 1/1/2 hours before this candle closes. ...so it may not be an entry. image
pin bar trading
- tex123 replied Dec 11, 2017
Not a whole lot going this time of the season. Volatility is kind of crazy really. Here is one i got stopped out at break even. It could still go up. I was bringing stops up once price i got half way to target. image
pin bar trading
- tex123 replied Nov 30, 2017
1. Highest high of the last 5 candles. 2. Daily rsi pointing down with 4 hr entry. 3.price action :entry candle lower 25%. 4. rsi sweet spot between the 50 and 40. 5.At least a 1 to 1 from entry to low swing point (within one pip ). Enjoy the rest ...
pin bar trading
- tex123 replied Nov 29, 2017
Actually this is very basic -simple stuff trading the trend when it happens. image
pin bar trading
- tex123 replied Nov 29, 2017
These don't happen that frequently but they are very descent set ups. image
pin bar trading
- tex123 replied Nov 27, 2017
This was a nice one lower 25% entry candle (5 candle high--rsi sweet spot ) 2.Daily rsi pointing down. I set my entry below the candle and went to bed.Also one thing i never mentioned allways make sure you have at least a 1 to 1 risk -reward ratio. ...
pin bar trading
- tex123 replied Nov 16, 2017
Lets go over the above the trade on the 4 hr charts since i have a little time. 1. We had a cross of the 20ema over the 50sma which is ok...shows some momentum. 2.Our first bounce was on the 20ema with an angle (This is not set in stone touching the ...
pin bar trading
- tex123 replied Nov 8, 2017
When there is a potential 4 hr entry i just place the red vertical line over the 4hr candle and click the daily chart and see which direction the daily Rsi5 is pointing too up or down. In this example the chart above and this chart...both rsi's are ...
pin bar trading
- tex123 replied Nov 8, 2017
This is an exotic pair which i didn't trade but would have done ok depending on money management.I think this pair had a 5 pip spread.This candle closed right at 4 am my time which would have been 2 hrs in to the london session.This would have been ...
pin bar trading