"It can be used on ANY TF......ANY Session......ANY PAIR or STOCK!!....that is up to you and what you like to trade! The higher the TF the more pips....just as any other system! I use it on the M15 for Day Trading myself and i also use it on the H1-D1 for longer TERM TRADES! You Will Have Losing Trades....Nothng is 100%"
K, can I ask you then if I got this right on this pair...This is a -to short- setup, if the next candle closes red..But, knowing how PA works, it's a double sure to sell if this candle closes as a pinbar now and then you would short it to that first fibo support (257 pips) if every candle after the pinbar closes in red, if not then just to the next support....What do you think??? txxxxxx