Perhaps @pocrel made a success out of it. I wonder somtimes, if someone does make it into the 5% and makes a living out of trading, would they stick around on forums?
Order to sell USD/JPY 106.30 stop +50
perfect pin bar.
Cheers fugazy, but i never really bought into the idea of the perfect pin. It just has to catch my eye really and be in the right place (trendline, Swing point.) As long as its got a decent tail and the body aint too large in comparison then i'm happy.. Have a look at the 30 min and 15 min charts, They show the same formation.
Not sure im going to get filled here anyway.
I also thought a bearish pin bar had to be in an uptrend. But quick research shows if you just call it an inverted hammer its a good bearish continuation signal too.Probably the performance would be better as a reversal signal than a continuation, but the short's still on.
Oscar, what are you smoking?
http://www.trade2win.com/boards/general-trading-chat/138640-perfect-pin-bars.html
Sorry mate only joking.
I always find more joy with the second or third pin.
Mind you my best trading is always made up as I go along.
Market slow today Oscar, I added going short the Swiss, risked about 10 pips moved my SL to BE and she took me out.....now in no land.....
I will check a bit later if she is showing a bit more......