pin bar trading

Slow moving pair and i moved my stops to break even now since i missed by 1st Tp by a few pips. My daily Rsi was pointing up with the 4hr price action
entry.If i'm available at my screen i will be ultra conservative...move my stops to break even once it gets half way distance of my risk or once it get to 70 on
my rsi which ever comes first.

I'll try to be more specific on the setup candle and entry. Uptrend is the lowest low of the last 5 candles and needs to go below the rsi5 (50 level) and then hook
up between the 50 and 60 level on the rsi.We do not take an entry if the candle is above the 60 level. Down trend same scenario we do not take a trade below
the 40 level. We can take the next candle after the 5 low or high candle setup as long as it close in the top or bottom 25%.....and does not violate the rsi rules. The daily rsi 5 needs to be pointing in the same direction as the 4 hr when entry is taken. Note: The daily rsi5 can be in the over-bought and oversold zone.We are just looking for the same direction 4hr and daily. Entry is one pip plus spread above or below confirmation candle.Trade is cancelled if next candle does not fill.We are looking for momentum anyway. Hope this clears up on my pm's. Once i get time i'll post some 1hr entries with 4hr confirmation. Thank you

1St position hit TP and now trailing with #2. We are in the green

Bringing both postions to break even on the aud/jpy and trailing and still trailing the eur/chf. Hitting the sack good night.

Hey I have red that you not trade auf/jpy are there other pairs you dont trade? Or prefer?

Both trades the daily rsi was pointing up. Once you get confident with this set up a trader can experiment with different exits. I like momentum and i cover as soon as i get half way to target....so first trade break even --second trade winner.And every now and then you get a runner.

You can watch up to 15 pairs if you like on the 4hr...exotics and large spreads no.Just be mindful of red news coming up. Don't
over extend yourself on risk and take only the best setups.

If my sell stop is filled one pip below the entry candle i'll cover once price get to half my risk or to 30 whichever comes first.Will see how this one works out. Daily Rsi is pointing down in conjunction with my 4hr rsi.

Ok i lost on the g/Y but had a winner on the eur/aud...so a break even week .Here is my trade with the eur/aud.

Lowest low of the last candles with a top 25% close as entry. This one has a 5 pip spread which isn't idea but we are in the green and see what
happens . We are covered from any loses now because i'm bringing price to break even.

I missed this one and it closed at the london session. Did line up in the same direction as the daily Rsi.Will have to see how far this one goes
down ...looks like strong support below.

Hopefully i get some momentum on Eur/usd during this asian session.This is a very good entry candle.Anytime you see 1 pip or less from close to high not too bad.Wishing is it was a little larger entry candle because of spikes.Anyway will see how it pans out.

I also notice there is quiet a few sellers coming in at 1848 to 1850 but i'm still bullish to 1857 and i may bring stops to break even at that point . I'll drop to the 15 min charts and see what is happening there too . I'm risking about around 1/2 percent so it break me

I meant won't break me

Also eur/chf same scenerio.

here is the eur 15 minute chart.If it breaks that blue line i'll consider exiting the trade.

Nice one i took here.

This is one is at break even---looks like i'll be stopped at at break even. There were at a couple other setups as well and don't have time to post at this time.