Pin Bar System

[pocrel]

order pending to short silver

chart

 

[pocrel]

order pending to short silver

chart

View attachment 118486

order just kicked in short silver now

 

[Howlinwolf]

Sell order Aud/Usd at 10554

 

[Howlinwolf]

ECB rumoured to be buying Euro to "squeeze" short sellers I believe

 

[Howlinwolf]

Sell order Aud/Usd at 10554

Order cancelled-Aud broken up

 

[pocrel]

Sell order Aud/Usd at 10554

that would have been a far to dangerous bar to trade HW, aud has already move the days range so you dont want to be selling the lows of the day

also the prior bar is far to scary

good job you did nt get in

 

[Howlinwolf]

that would have been a far to dangerous bar to trade HW, aud has already move the days range so you dont want to be selling the lows of the day

also the prior bar is far to scary

good job you did nt get in

Yes I see that now. Range is large, and must learn to look at context of signal bars!

 

[Gelly]

Pocrel would your comments apply to the pin bars now on indices? There's still room for a trade but nearing lows?

 

[Gelly]

Didn't take this because I wasn't confident with these pivots...

 

[pocrel]

Pocrel would your comments apply to the pin bars now on indices? There's still room for a trade but nearing lows?

yes they do gelly, markets rarely trend they are usually just going side ways in some sort of range, so just play the ranges and if we are near the low of the daily range then forget going short find a better setup

 

[pocrel]

order just kicked in short silver now

banking +8 points on sliver

very slow morning

+8 full points

 

[pocrel]

good time to have a break i need to reboot my computer back after lunch

 

[Gelly]

Having another go at aud

 

[Gelly]

Moved stop to BE on aud

 

[Gelly]

yes they do gelly, markets rarely trend they are usually just going side ways in some sort of range, so just play the ranges and if we are near the low of the daily range then forget going short find a better setup

"Playing the ranges" like this :cheesy:

 

[pocrel]

trade alert : long audusd now

 

[pocrel]

trade alert : Long audusd now

 

[pocrel]

View attachment 118526

sorry folks scratch that i just relised we are at the top of the range

 

[pocrel]

same setup as audusd but more room, long cable now

 

[pocrel]

same setup as audusd but more room, long cable now

cable chart