Maybe this will help understand pinBars ...james16 thread and group is best place to learn about it ..

Cable Update (GBPUSD)

Book on candlestick patterns — Hi Hussin , can u suggest some good books on candlestick patterns? Thanks for the regular updates.

Auslanco - GBP/JPY and GBP/USD (newstrade)

u never know ..but i think it has to break 2.0050 and close above the trend line and above the 38.2% fib line to be bullish again... also the pin bar occurred on 27 March is still in play ..so lets see how things turn out .. Im short from the last ...

Cable Update (GBPUSD)

Bearish Gartley Pattern — yea Bones ..Bearish Gartley Pattern is formed on the daily & 4hr. and bearish Pin bar on the daily off the 150ema. But cable has to break 1.9740 area to break down ...its been getting lot of support around that area ...

Cable Update (GBPUSD)

Hope u took some partial profits ..looking at the daily ..possibly forming a pin bar at the 150ema ..a pin bar already in play that occurred on 27 march ...weekly too looks very bearish.. looks like we might have a fall from here ...just my 2 cents ...

Cable Update (GBPUSD)

Im from India ...currently in dubai

Breeze....Update on GBP/JPY

pin bar on the h1 , h4 — Pin bar on the h1 , and on h4 it would qualify as a pin bar becos it closed above the resistance ..of 203.93 ...lets see how it plays out ..daily pivot at 204.55 and resistance at 205.15 , 206.15 ... Edit : Resistance ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

hey arezab, u can also check james16 thread or if u want to learn more abt it u can check his paid forums as well ..yea price action is very good ..combine it with indicators(ema,fibs,pivots etc) it will give u an early entry and amazing results ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I dont see a Pin bar on my data feed ..can you post the chart ..on my data feed it looks like Bullish Bar(BUB) . Regards Thomson

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hey ash , i would love to try it out too ..thanks

Auslanco - GBP/JPY and GBP/USD (newstrade)

quecee5 , Yea i agree with u as it might go to 230.50 levels - 231.45 (61.8% fib retracement level ) .. 365 ema on the daily happens to be at 230.21 and then daily range has been 232.45-223.93 (last week range). then I think it will start its ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Right quecee5 ..i would add these reasons to it ..pin bar formation on the h4 at 50% fib levels . likely pin forming on the daily ..we could see a move to 225 level ..where it was offered support on last friday ..but currently it needs to break ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Karmo Bro , I have been reading your post for a while nw ..looks cool man ..esp love the fib analysis ..they are awesome .. Like you said it tested the Fib 50% @ 232.50 ..and with a pin bar formation on H4 ..and likely on the daily too ..weekly ...

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