4/30/2010

AUDCAD swing trade - target hit

Pinbar worked well again:) TP hit today... +70 pips with 3 micro lots

2 comments:

  1. can you specifay the pinbar method.
    i have the 1 minute alreay its doing great.

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  2. Hi,

    you can learn about this method at Forex factory in thread from James16. Those guys there are very nice... Pinbar is the red bar with the long wick down. I says that sellers didnt have enough strength to move the pair under the resistance and that it might therefore jump up because the buyers will come into the game. I mostly buy above the high of the pinbar, SL at about 3/4 of the wick and TP at resistance that you see around...

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