Yes this is a PB and it has finished forming but i wont be trading it as It is in Traffic. It is in Traffic The nose is barely sticking up above surrounding PA(9pips)Enjoy Ademac

Daily PIN Bars

Matter of perspective — The first one is in the middle of traffic and if you took it you would likely end up road kill. The second one is just a time frame issue. Now i am not saying your charts are wrong, cause all the chart is is a record of ...

Daily PIN Bars

Howard, I'm on GMT and i only see a IB You want to post a chart for us. Enjoy Ademac

Daily PIN Bars

Trade updates — Well looks like my run with the bulls is over. Did ok off most trades with the 2 EUR/USD trades being my star performers. will probably lose the USD/CAD & the NZD/JPY tonight as well as the price has almost hit my stops. ...

Daily PIN Bars

Welcome aboard Rockrat, I am only trading daily PB's but if you want to cover the smaller TF feel free to. I am sure we can learn something from each other. Most of the things i have learnt have come from the PF and J16 PA thread. Enjoy Ademac

Daily PIN Bars

Trade Updates — Nothing new to trade today just update my stops where necessary. EUR/CAD -73 pips or -0.65% loss locked in USD/CAD -45 pips or -0.51% loss locked in AUD/JPY +47pips or 0.22% profit locked in NZD/JPY B/E pips or 0% locked in ...

Daily PIN Bars

Put a fibo on the chart, then just right click the chart, go to the object list, select you fibo and click edit. Go to the Fibo levels tab and make the changes there. See attached pic Normal trail along behind the previous days high or low but i do ...

Daily PIN Bars

Something like that. It doesn't occur very often. have seen about 6 of them in the past 4 months across 19 pairs, so i am just watching and paying attention to them when i spot them. but i am not trading them yet as i am working on perfecting my pin ...

Daily PIN Bars

When i place a pending order i have two ways to cancel it when the next daily bar opens and the order hasn't been executed. the PB becomes invalidated as the nose is broken.The NZD/USD just didn't move so i binned it. It is still a valid 2 day PB ...

Daily PIN Bars

CAD to get stronger — Hey RL, No prediction just a possibility given PA CAD to get stronger against the EUR and the USD so i have pending shorts for both these pairs. Enjoy Ademac

Daily PIN Bars

Hey Mate, I played it like any other PB but i watched it like a hawk and still am. Looking for any sign of weakness and ill pull up stumps on this and go home. All my PB entries are done on the break of the the high/low with my stops at the opposite ...

Daily PIN Bars

Well the market has provided me another opportunity to profit. EUR/CAD USD/CAD EUR/CAD This is probably my favorite PB for the day. Meets 35% rule (borderline decision) Nice nose bounces of an area of previous support At the end of a possible ...

Daily PIN Bars

Hey Billbss In the classic sense i think you may be right but through back testing, forward testing and now live trading i have found it to be not so important. I am more interested in the open and close of the bar being within the top 35% of the ...

Daily PIN Bars

NZD/USD Entry — Yes at 0GMT i look at the charts then for any PB i see i just put a pending order with the entry above the High and my stop below the low. Here is some reading for you will pretty much cover most questions you have. I often ...

Daily PIN Bars

Traffic — You pretty much hit the nail on the head with this one. Sideways markets = traffic. I try not to use indicators just a basic couple of tools and practice heaps. It wont take you long before you can instantly recognize the trend if ...

Daily PIN Bars

I get asked about this quite a lot simply. If the open and the close are not within the 0-35% range. then i don't trade that PB as i don't believe it is a PB See the attached pictures you can make this easy to check just modify your fib indicator, ...

Daily PIN Bars

Mimas, I am going to answer these individually OK went back and looked at my chart to find 'n' save as a picture and the TL wasn't even close. My Bad. Goes to show that you should always do your own leg work and never trust anyone else.

Daily PIN Bars

Hey Ray, Be careful with the USD/JPY PB's it has some factors going for it like the retesting of the 114.00 level but going against it, is the traffic that is amongst. Traffic is the biggest killer of PB's The GBP/JPY i am stay well clear of as it ...

Daily PIN Bars

More PB's — Well a new day has dawned and we have a nice selection of PB's to chose from. NZD/USD NZD/JPY AUD/JPY USD/JPY NZD/USD This is probably my favourite PB for the day. Meets 35% rule Nice long nose bounces of the 150ema Bounces of a ...

Daily PIN Bars

GBP/USD Daily PIN — Well it has been a while since the last good PB had appeared but it has been worth the wait. Today there is a lovely looking PB on the daily GBP/USD ChartThings that it has going for it. Swing High 35% Rule Headed away from ...

Daily PIN Bars