DislikedI am sure everyone knows there is nothing mysterious about pin bars.
They are simply a Head and shoulders pattern if you move down a time frame.
like this one on D1, on H4 it is a reverse Head and shoulders.
I only mention this as I myself did not know what they were till I studied at J16.
Actually, this is quite important if you think about it.
That D1 PB was not very successful and the reason is, if you go down to H4 you see it is a R H&S which is a bullish signal, but this one is in an uptrend, we want to see a Head & Shoulders at...Ignored
- Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Find a trend and milk it for all it is worth. That's how to be profitable
- Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Find a trend and milk it for all it is worth. That's how to be profitable
- Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Find a trend and milk it for all it is worth. That's how to be profitable