Pin Bar System

[ffsear]

USD/CAD on the watch list. Will see where this is opens on Sunday. Looking for a possible sell.

 

[ffsear]

Got filled sunday night on USD/CAD at 1.2952 - Closed this morning for 1.2918 for +34

 

[ffsear]

Sell AUD/JPY 79.33 - SL 25

 

[ffsear]

Sell AUD/JPY 79.33 - SL 25

stopped out -25

 

[ffsear]

I'm still here, just not seen a decent setup for a few days thats worth taking.

 

[priceactionking]

I love pin bar at pivot point strategy

 

[Chad Seven]

Indicators pwl to pwh



here you go ffsear


View attachment 167466

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It would be great if Henk (creator) or somebody else with the necessary skills could incorporate previous months high and low into this indicator as these levels also appear to act as support and resistance.

 

[brewski1984]

Way to bring back an old thread.

Got to admit those pin bars do look good when they work though

 

[Chad Seven]

Way to bring back an old thread.

Thanks. I have been studying it.

Got to admit those pin bars do look good when they work though

I understand the problem that the time-frame in which reversal takes place is completely arbitrary. On the other hand humans need to have information broken into consumable chunks (candles/bars in our case), and if you are going to base your entries off a chunk of information it may as well be a chunk of information where a reversal has taken place.

Attached is an indicator which includes monthly levels.

 

[ffsear]

This is a very solid strategy that I still use for entries. You need to do your groundwork first on the higher time frames obviously, and pick only the best setups. But with good discipline this is winner.

 

[ffsear]

It would be great if Henk (creator) or somebody else with the necessary skills could incorporate previous months high and low into this indicator as these levels also appear to act as support and resistance.

You can do this on Tradingview