Pin Bar System

This is a discussion on Pin Bar System within the Trading Journals forums, part of the New Traders category; Think iv missed the trade now but the EUR/JPY i believe was a nice set up 30 mins ago, what ...

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Old Nov 28, 2011, 6:22am   #2969
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Default Re: Pin Bar System

Think iv missed the trade now but the EUR/JPY i believe was a nice set up 30 mins ago, what you think?
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Old Nov 28, 2011, 6:39am   #2970
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Default Re: Pin Bar System

pocrel started this thread
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Originally Posted by Kingdom2008 View Post
Think iv missed the trade now but the EUR/JPY i believe was a nice set up 30 mins ago, what you think?
Counter trend trades at daily r3 are all in play today, looks like a good setup Kingdom2008

there is one on cable, cac40 and wti also

As for me I am not playing counter trend trades at the moment just trend following
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Old Nov 28, 2011, 10:33am   #2971
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pocrel started this thread Looks like the markets have gotten away from me today, at the very extremes now so taking any long positions are to dangerous and very little pull backs to jump, I think I will leave it there, tomorrow is another day

nothing lost nothing gained

no trades today
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Old Nov 29, 2011, 4:32am   #2972
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pocrel started this thread Morning been watching the markets now since 730am uk time and no setup ups for the pin bar system yet
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Old Nov 29, 2011, 5:51am   #2973
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pocrel started this thread Still a bit of time to go but eurgbp looking interesting for a short

eurgbp.gif

I will be shorting it if we finish like this on the hour with a break of the pin
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Old Nov 29, 2011, 6:01am   #2974
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Default Re: Pin Bar System

Possible short on the DAX, good R/R
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Old Nov 29, 2011, 6:03am   #2975
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Still a bit of time to go but eurgbp looking interesting for a short

Attachment 125254

I will be shorting it if we finish like this on the hour with a break of the pin
short eurgbp from 8575 stop 8595
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Old Nov 29, 2011, 6:14am   #2976
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Default Re: Pin Bar System

waiting for a retrace to 5790 to sell will aim for 5710 stop at 5830 for a R/R of 1:2 (should we be worried taking bets with big news due at 12?)
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