Traditionally, aggressive traders enter at market after a Forex Pin Bar is formed. However, the stop placed below the tail of a pin bar could be 200 or more pips. Many times, price will retrace back ...
EUR/USD – Pin Bar Bounce, But How Far? After getting close to the yearly lows last friday, at the very end of the day, the EUR/USD shot up very aggressively to end the day positive with a solid close.
Pin bars in the bar chart world are essentially the equivalent of hammers and shooting stars in the candlestick chart world. These single-bar price action indicators can be exceptionally effective ...