DislikedThis is the definition of a Pinbar I prefer:
"The pin bar formation is actually a price reversal pattern consisting of three bars. The term “Pin Bar” is an abbreviation for the term “Pinocchio Bar”. Once familiarized with pin bar formation it is apparent from looking at any price chart just how profitable this pattern can be. Let’s go over exactly what a pin bar formation is and how you can take advantage of the [url="http://www.learntotradethemarket.com/forex-trading-strategies/pin-bars-forex-trading-definition/"][b]pin bar...Ignored
He started out with James16 and then set up on his own. He does some nice videos and posted some good technical information on gold in the past.
This is the article Nial did. I do not agree with every circled trade on his chart being high probability (depends how conservative you are) but it gives an idea of what this pinbar thing is all about.
http://www.learntotradethemarket.com/forex-trading-strategies/price-action-trend-trading-with-gold-forex