It’s another Pin Bar! Learn what went wrong with this trade and why I’m OK with it. The funny thing is that it made the same amount of money, as a trade that went totally right.
Find out how I traded this Pin Bar setup on the GBPCAD. It wasn’t perfect, but it was profitable. I give you the play-by-play here.
Pin bars are powerful trading signals, but there are so many ways that you can trade them. A lot of online tutorials show you one way to trade them, but don’t show you the results of backtesting or leave out important information. This post will show you everything.
If you have ever wondered what Pin Bars are, here is how to define them and why they are useful in Forex trading. Many definitions overcomplicate the Pin Bar, but this post will simplify things.