Pin Bar System

This is a discussion on Pin Bar System within the Trading Journals forums, part of the Reception category; sorry I'm selling the eur/gbp lol...

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Old Aug 15, 2011, 8:22am   #2584
Joined Mar 2011
Re: Pin Bar System

sorry I'm selling the eur/gbp lol
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Old Aug 15, 2011, 9:04am   #2585
Joined Mar 2011
Re: Pin Bar System

I got out of the trade early to make + 3 pips

1) the lines i orignially drew were incorrect so my risk reward was less than 1/1
2) it bounce off the diagnal support line and started to go against me

i think there are better trades out there so il keep looking!
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Old Aug 15, 2011, 9:12am   #2586
 
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Joined Nov 2008
Re: Pin Bar System

pocrel started this thread morning, hope everyone had a great weekend just back from hong kong a bit blarey eyed but scanning the markets myself, need to sort my levels

thanks to gelly and kingdom2008 seems like your having a bit of success with the system, well done
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Old Aug 15, 2011, 9:30am   #2587
Joined Apr 2011
Re: Pin Bar System

Quote:
Originally Posted by Kingdom2008 View Post
I got out of the trade early to make + 3 pips

1) the lines i orignially drew were incorrect so my risk reward was less than 1/1
2) it bounce off the diagnal support line and started to go against me

i think there are better trades out there so il keep looking!
Hi Kingdom, my chart similar to yours. Had to calc all pivots today, didn't like Livecharts etc.

Wrong chart
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Last edited by Gelly; Aug 15, 2011 at 9:34am. Reason: Att wrong
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Old Aug 15, 2011, 9:30am   #2588
Joined Apr 2011
Re: Pin Bar System

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Originally Posted by Gelly View Post
Hi Kingdom, my chart similar to yours. Had to calc all pivots today, didn't like Livecharts etc.
sorry wrong chart!
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Old Aug 15, 2011, 9:32am   #2589
Joined Apr 2011
Re: Pin Bar System

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Originally Posted by Gelly View Post
sorry wrong chart!
This should be today's!
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Old Aug 15, 2011, 9:42am   #2590
Joined Mar 2011
Re: Pin Bar System

lol thought it looked a little off! What spread company do you both use?
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