Recent content by mdsfxtrader

Hi LJR, thanks for this input. That raises further questions. Having looked at various definitions of pn bars - i havent seen any that suggest specific rules about how far out the nose should stick, and so on. Wondered what definitions or criteria peeps on here use for a pin bar formation...

and apologies for the tatty image - its lost something of its resolution from bmp to gif. Thats what you get for going from 3.75mb to 97.6k lol!!!

Petrofac hi folks this is the bitmap of the petrofac stock - on the ftse 100. Actually -since drawing the chart, and making the mistake with the eurchf which i got stopped out of grr - my fault for putting the ma's in as simple rather than exponential, done the same with petrofac, so it's now...

actually - just spotted a bit of an error on my part - im using simple mas instead of ema's - makes things look a little diff on the euroswiss. I think maybe i should close it now instead of waiting it out lol.. anyways - your comments welcome M

hi all, fairly new to this, but quite like what ive read about pin bar setups, especially boucning off trend lines/ma's and so on. Just a quickie - has anyone looked at Petrofac? seems to be in an uptend still, with a correction to 100 day ma with a pin bar formation as well. Further - on...