Pin Bar System

[Gup16v]

Really like this thread and your trading style. I traded 15 min pin bars using candlesticks before but found i was sat infront of the monitor for too long.

Using the same principal but on dailys.

Any ways well done your way ahead mate

 

[caes1uM]

hi pocrel, nice thread. I would certainly watch this closely should you decide to start it up again. Thanks!

 

[Splitlink]

Really like this thread and your trading style. I traded 15 min pin bars using candlesticks before but found i was sat infront of the monitor for too long.

Using the same principal but on dailys.

Any ways well done your way ahead mate

Yes, I see your point but don't you think that the stop distance may make, even if they are occasional, losses more damaging when they get hit?

I know that many do trade on daily bars but I have never been able to accept those kind of losses.

 

[wackypete2]

Yes, I see your point but don't you think that the stop distance may make, even if they are occasional, losses more damaging when they get hit?

I know that many do trade on daily bars but I have never been able to accept those kind of losses.

You and me both.

Peter

 

[jbu001]

How about a short on $/Y at 7923 off the 11.30 pin? (IG Index charts-and not sure how to import them to this)
John

 

[pocrel]

My trade of the week last week, I was stopped out of the trade on thursday evening on the only pull back and I did not trade friday but very disappointed not to have been in the trade still on friday



notice were the reversal happened, took out the previous week high and away we move

 

[pocrel]

Great trade on the s and p 500 again tonight catching the reversal of the previous weeks low, s1 and ADR area (pretty much a exact copy of thursday trade except the other way around)



Version 2 of the Pin Bar System will have a few updated levels to trade and and timeframes

I wont be trading live till December as going on holidays to Thailand for the month of November with the wife

Will post my trades when I get a chance

 

[wackypete2]

Have a great time

Peter

 

[pocrel]

Did not trade this but again for the 3rd week in a row we take out the previous week hi or low and away we go

s and p 500




also Pete hope all is well with you and your family especially after that storm?

and I wont be at this months London traders Network meeting but details can be found here The London Traders' Network November 2012 Traders Social Drinks - The London Traders Network (London, England) - Meetup

and for Flashy there will be women at it bud

the new venue will be announce for the meeting so watch out for details, this is a good place for people on t2w to but a face to a name so if your around london and well know on the site be sure to mention it and enjoy a drink while talking about the markets

back after the hols

pocrel

 

[pocrel]

London Traders Network meetup is again on on tuesday night

details here : The London Traders Network May Social Drinks - 14th May 2013 - The London Traders Network (London, England) - Meetup

Come along for a few drinks and you might be able to put a face to a person from trade2win

this is a free event and purely a social event for people who like to trade to meet up and have a chat and a drink

 

[call me fish]

Hi, it is my first post in the forum. Thanks for the great stuff..

 

[wilczek]

Is pocrel coming back?

In the meantime I will share this - A must read for all Pin Bar Traders, for sure changed the way I trade Pin Bars - Better Pin Bar Trading Strategy Infographic « Forex Useful

 

[pocrel]

Fellow Trader :I am looking for someone to share my trading desk with me, I trade from 12 in the after noo, basically the US session so I am looking for someone who trades the morning or night markets. Also when I am away on trips the desk will be free all day so you will get maximum use of it. The location is in Brixton: The Piano Club - Rent a Desk | Rent Office Brixton | Office Space to Let Brixton | Rent Office Space in Brixton 2 min on the Victoria line station. Its an open office with many different businesses running on the floor but you will be trading next to another trader and if your a home trader it will give the chance to get out and separate you home life and work life. (its working very well for me)

there will be 2 screens to plug into and a rolling 1 month contract and you can leave at anytime

high speed internet, tea and coffee area with microwave and fridge, meeting room, free printing and photocopy

Cost is only 200 pounds per month so very reasonable

Please email me to discuss details

Patrick

 

[MaxiV]

Is pocrel coming back?

In the meantime I will share this - A must read for all Pin Bar Traders, for sure changed the way I trade Pin Bars - Better Pin Bar Trading Strategy Infographic « Forex Useful

Thats an interesting site with great info. A good find.

 

[wilczek]

Thats an interesting site with great info. A good find.

Aye, agreed, some great stuff over there and the free eBooks and strategies are none too shabby either

 

[Babyblush]

So only the M30 chart is preferred for this strategy. ?

 

[neil]

So only the M30 chart is preferred for this strategy. ?

Utter tosh - its not the pin bar thats important; It is where it is situated !!!

 

[ffsear]

Are you still trading this system Porcel?

 

[pocrel]

Are you still trading this system Porcel?

very much so but with a slight variation to the levels I look at now

I only look to play the previous week low or high for my trades

here is an example today:

View attachment 164790

 

[ffsear]

Good work, how come you dropped the pivot points?

Still very similar to how I trade, however I like to see the pivot points coincide with what I determine to be major s&r levels.