Pin Bar System

[MajorDutch]

morning all, anyone catch the wti entry?
View attachment 109242

just a little early for me

nice R:R on that trade.:smart:

 

[DDI]

was thinking of taking this on ftse but didnt as bar wasnt bullish enough.

 

[brewski1984]

pretty slow morning today then I guess lol

 

[pocrel]

i hope no one is trying to pay the mortgage off from this journal of live calls

anyway nothing lost nothing gained, patience required again

 

[glyder]

Did the 08.30 bar on GBPUSD fit with the system?
(i haven't plotted pivots so may be well out)

 

[DDI]

pin formed usdjpy (on livecharts R1). Am not comfortable today as PP are all over the place with different packages/websites...just as well its quiet.

 

[brewski1984]

possible pin on the eur/usd forming?

 

[DDI]

yes and wti again at pivot.

 

[brewski1984]

it broke the pin, anyone take it? (eur/usd)

 

[pocrel]

wti is a good signal, i have missed the entry

euro i would not take due to it been nearly at the daily range

 

[pocrel]

the only thing that is worrying me about crude is that it maybe a trend line break, reversal followed by a continuation pattern

 

[pocrel]

the only thing that is worrying me about crude is that it maybe a trend line break, reversal followed by a continuation pattern

chart

something like this :


so i will leave it but i could be completely wrong which very much often the case

 

[pocrel]

it broke the pin, anyone take it? (eur/usd)

the reason i do not like the eurusd is the atr is 12 points away, never great to take a signal with so like space left to move in the range

you can see the setting in my box as ROOM UP

also stochastics not looking great (you dont need it but a nice thing to have)


chart

 

[Gas in exile]

How about USDCAD? Pin looks little negative though.

 

[brewski1984]

Ah I see, I did take it on a demo just to see what happened and seems you made the right decision lol. Is that a custom indicator you have for that box?

 

[pocrel]

ah i see, i did take it on a demo just to see what happened and seems you made the right decision lol. Is that a custom indicator you have for that box?

View attachment #(T_S_R)-Daily Range Calculator .mq4

this is it, there are many out there, nothing special but just a good gauge of where we are in the day :smart:

 

[pocrel]

How about USDCAD? Pin looks little negative though.

i dont play the cad/usd, just not my cuppa tea but it looks ok, please feel free to post the chart for all to see

 

[pocrel]

right lunch time grind, i am going to have a break and go for a jog clear the head its so sunny here in london today best to make the most of it

back soon

 

[pocrel]

trade alert selling cac 40 now

 

[pocrel]

trade alert selling cac 40 now

entry is 4047 stop is 4054.2, got a little retrace of pin 7 point risk so not to bad

targets: 4039.3 and 4034.4

chart