Tuesday, July 17, 2012

Trading System with Pin Bar

Trading system PIN BAR  is one of Price Action / action of the price movements that often appear when the pressure selling / buying is very strong, but after closing and opening price of the new price, or a candle before leaving the show a long line.

1. Pin the pattern of Bar

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2. appearance of the Chart

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3. You can use the Daily Pivot as a maid and strong treat Decision
Open trade

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4. One of the Open Trade

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5. Take Profit

You can set Take Profit as you wish. but still a notice in which the TF
you open trade. If put in H4, and there were 2 candles that are close, then
Remaining 4 candle again.

6. stop Loss

If you want to place a Stop Loss, you can place it at the end of the line of the previous candle.


7. How to train,

A. You open the chart all the TF. please observe the pattern of this Bar Pin.
2. In TF h1 - D1 Pin bar pressure is very strong
3. In practice you can put other indicators such as daily maid pivot


Pivot Points Could you explain to here please click


Pehatikan try again
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9 comments:

  1. Hello All,

    A popular strategy for entering and exiting positions that is based on the particular candlestick pattern and the following price action. The Pinbar pattern was first introduced by Martin Pring in his Pring on Price Patterns. A Pin Bar is a candlestick pattern where the body of the candlestick is very small and has a very long wick. There are two types of Pin Bars a Bullish Pin Bar and a Bearish Pin Bar. Thanks for providing valuable information.
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