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Attachments: Daily PIN Bars
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Daily PIN Bars

what about eur/jpy?
CAD/JPY looks like a nice Pin Bar today.... Bouncing off PPZ.... That is the 62 an 200 ema's price will have to get across...

This is looking like another big Head and Shoulders...
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yup those two look good. but guess will wait till it breaks the top shadow. also can some one tell me what is ppz?
Quoting jamesbond007700
yup those two look good. but guess will wait till it breaks the top shadow. also can some one tell me what is ppz?
PPZ Price Pivot Zone... a zone of support or resistance
Another Nice Pin Bar...

Time for some retrace on JPY pairs... ???
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My broker closes the daily chart at 20 GMT and the best looking PIN on that time is the EUR/JPY.

I entered long at 161.31 due to the break of an intra-day PB. If you want to play safe you can play a break around 161.70
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Here's what I see in the 1 HR charts. Price penetrated lower BB (BB%) twice but the CCI is weaker on the second: A Possible Bullish Pattern.

Regards,
Rick
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I'm a disciplined trader and that's the only way I trade.
I like this Pin Bar too.... but better to follow the rules... I say the trade has not fired off yet...

Quoting branco
My broker closes the daily chart at 20 GMT and the best looking PIN on that time is the EUR/JPY.

I entered long at 161.31 due to the break of an intra-day PB. If you want to play safe you can play a break around 161.70
thanx for the ppz. also i think we were better off following the rule and not entering the trade yet.
Quoting jamesbond
thanx for the ppz. also i think we were better off following the rule and not entering the trade yet.
Easy to say now isn't it?
HA !!!! You got that right !!!!!!!!!!!!

Quoting branco
Easy to say now isn't it?
Quoting branco
Easy to say now isn't it?

Well I had pending orders setup that never hit. Hopefully you didn't get hit too bad.
Quoting branco
Easy to say now isn't it?
pls refer to post # 383 on this thread.
There was a daily PB today on AUD/NZD... It is almost tempting to give it a try... PB is surely in traffic.... but the formation looks clearly like a pennant... and the PB was exactly off the 38 fib line and the 62 ema... and there is the 200 ema right there too... fair chance price will go down...
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Yes..I took that trade on AUDNZ...with sl place on 65EMA hmm so now we enter the term of "wait patiently" ..still not put the tp yet..wait for the price develope
Someone wants to comment on this daily USD/JPY chart?

We're close to 23.6 fib retracement in my chart and in the previous days we've seen that level being rejected twice. Yesterday that level was broke but today we made a DBHLC.

Should we consider a short entry on the break below the daily low?
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Nope.... not a DBHLC...

I see USD/JPY as following a trend line up... I would love for this to get all the way to the 61 fib... but who knows... I would have a pending sell order below the trend line...



Quoting branco
Someone wants to comment on this daily USD/JPY chart?

We're close to 23.6 fib retracement in my chart and in the previous days we've seen that level being rejected twice. Yesterday that level was broke but today we made a DBHLC.

Should we consider a short entry on the break below the daily low?
Attached Image (click to enlarge)
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I'm willing to cal it a TBH.... but they are not exact..

Quoting branco
Someone wants to comment on this daily USD/JPY chart?

We're close to 23.6 fib retracement in my chart and in the previous days we've seen that level being rejected twice. Yesterday that level was broke but today we made a DBHLC.

Should we consider a short entry on the break below the daily low?
Anyone got thoughts on the EUR/GBP daily Pin ???
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The H at 7587 is close to my DiNapoli expansion XOP at 7595 which is a resistance level. So price has bounced back from resistance... this is good. With price at 7560 as I type and the low of the pin bar at 7543 with a -10 following the rules gives an entry at 7533. But then the OP is at 7526 which could act as support. Not much room between 7533 and 7526. This is not so good.

New to looking carefully at pin bars.

Lou
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