Pin Bar System

This is a discussion on Pin Bar System within the Trading Journals forums, part of the Reception category; Originally Posted by body77 I hope this tread will go ahead, was interesting and profitable...!!! How do you know ? ...

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Old Oct 3, 2013, 4:07pm   #3196
 
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I hope this tread will go ahead, was interesting and profitable...!!!
How do you know ?
Have you traded the method?
How many trades did you make to claim his method is profitable?
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Old Oct 3, 2013, 4:56pm   #3197
 
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I know cause sometimes I used to trade with pinbar, of course not all are goods trades sometimes i lose money too!! anyway most of winning trade depends where pinabar are, like support, resistence,key level, Fibo...
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Old Oct 14, 2013, 8:16pm   #3198
 
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Hey Pocrel,

Do you use this strategy when a PWH gets broken and then acts as support ? See here on NZD/USD
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Last edited by ffsear; Oct 15, 2013 at 7:29am.
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Old Oct 14, 2013, 11:58pm   #3199
 
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Hey Porcel,

Do you use this strategy when a PWH gets broken and then acts as support ? See here on NZD/USD
dunno about porcel, but i go double position when my swing low bar looks like that in that position (i'm not on forex, of course ).
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Old Oct 15, 2013, 11:10am   #3200
 
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Hey Pocrel,

Do you use this strategy when a PWH gets broken and then acts as support ? See here on NZD/USD
Support turned resistance,where Pin is located on the new support, is a favoured way of trading. It validates the pin as being stronger than any old pin in any old location.Pins are usually traded at swing high/lows, as are engulfing bars. Such patterns at other locations (for continuations) require more experience and a readiness to change ones' mind in an instant.
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Old Oct 17, 2013, 9:55am   #3201
 
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Yep, it worked out well the one.

I was watching EUR/USD all day yesterday, then went out for the evening and missed this move!
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Old Oct 17, 2013, 6:41pm   #3202
 
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Hey Pocrel,

Do you use this strategy when a PWH gets broken and then acts as support ? See here on NZD/USD
Yes ffsear

I really only trade them if we have taken the pwl then gone up to pwh and take this out with some good volume, to me this is showing alot of people caught offside and the quicker we move from the pwl to the pwh can give you a good indication of the direction we should be taking on the trade besides just fading pwh pwl

great example of the the build up to such a move but a bit late in the week now

but what a great double bottom move on the pwl, either entry was good but you would have **** your pants on the double bottom

eurusdh1.png
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Old Oct 23, 2013, 7:46am   #3203
 
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NZDUSD - anyone on it?
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Old Oct 23, 2013, 11:20am   #3204
 
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NZDUSD - anyone on it?
Buy stop alert above 84250 maybe, as a potential trade ( if you get a Pin bar or engulfing etc bar) ?
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Old Oct 23, 2013, 11:35am   #3205
 
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I was on the top, the pin off the previous weeks high
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Thanks! The following members like this post: neil
Old Oct 23, 2013, 3:41pm   #3206
 
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usdcad

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Old Oct 23, 2013, 3:45pm   #3207
 
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Old Oct 23, 2013, 3:47pm   #3208
 
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its a thing of beauty ffsear when you get moves like these of the pwl and pwh
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Old Oct 23, 2013, 3:53pm   #3209
 
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Do you have an EA for PWH/PWL ? I'm drawing them manually on my charts at the moment.
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Old Oct 24, 2013, 7:06pm   #3210
 
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Indicators pwl to pwh

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Do you have an EA for PWH/PWL ? I'm drawing them manually on my charts at the moment.
here you go ffsear


week low and hi (1).zip

week low and hi.zip
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