theres this trader i know who at the end of the week keeps going on about his catches, he says on average his catch is about 40% per week. He trades cfds with margin 5%. so basically if he uses $10k for trading, then he buys $200k worth of stocks. so 40% of this is $80K. so he turns 10k to 80K...
applied material.
and what about this?
Many thanks. also, can i ask TD, how many pin bar trades do you execute per week on average? it seems very rare, and who is your broker? thanks.
Amazon.
Here is chart of amazon. The tail of the pin is touching a s/r line. Its also inside the 2 ma's heading down. I enter as you described with stop loss just above the s/r line and tp is around 63.