I was amazed at first by pin bars and I still do value them greatly, but I noticed that all it is is jumping in late on a trend. See the picture for the illustration of this.
So aren't pin bars just a fancy way of saying "let's jump in a trend late"?
Sorry if I sound like a cynic, I just don't get why pin bars are such a big deal.
andersenws
P.S. I know I'll probably catch some crap for this post, but it's been on my mind for the past week, and I had to ask.
So aren't pin bars just a fancy way of saying "let's jump in a trend late"?
Sorry if I sound like a cynic, I just don't get why pin bars are such a big deal.
andersenws
P.S. I know I'll probably catch some crap for this post, but it's been on my mind for the past week, and I had to ask.
Attached Image
"Youth is the trustee of prosperity." - Benjamin Disraeli