Pin Bar System

This is a discussion on Pin Bar System within the Trading Journals forums, part of the Reception category; Pin bar formed on FTSE as indicated by the grey dot on the chart. Waiting for the long entry....

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Old Jun 1, 2011, 9:00am   #1681
Joined Dec 2006
Re: Pin Bar System

Pin bar formed on FTSE as indicated by the grey dot on the chart. Waiting for the long entry.
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Old Jun 1, 2011, 9:04am   #1682
 
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Re: Pin Bar System

pocrel started this thread
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Originally Posted by e.nigma View Post
Pin bar formed on FTSE as indicated by the grey dot on the chart. Waiting for the long entry.
try not to take any trades off the opening bars on the morning index as they can look very different on different platforms
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Old Jun 1, 2011, 9:11am   #1683
Joined Dec 2006
Re: Pin Bar System

Thanks for the heads up. I take it that it's best to wait for the first two bars to form in order for the market to settle down then?
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Old Jun 1, 2011, 9:22am   #1684
Joined Apr 2011
Re: Pin Bar System

Closed my gbp trade for zero - news coming up...
Now short gold - hope it goes better than the last few gold trades.
e.nigma, I have quite a different opening pin on ftse!
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Old Jun 1, 2011, 9:22am   #1685
 
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Re: Pin Bar System

pocrel started this thread i am not going to trade gold today, i have 3 different pivot levels so when in doubt stay out,

yes e.nigma its best to get that shake out first and try t get a better picture of where we are going
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Old Jun 1, 2011, 10:04am   #1686
 
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Re: Pin Bar System

pocrel started this thread trade alert : order pending to short eurgbp 8774 stop 8794
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Old Jun 1, 2011, 10:08am   #1687
 
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Re: Pin Bar System

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trade alert : order pending to short eurgbp 8774 stop 8794
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eurgbp.gif
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Old Jun 1, 2011, 10:46am   #1688
 
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Re: Pin Bar System

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short eurgbp now
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