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Forex Trading Price Action: Pin Bar
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Forex Trading Price Action: Pin bar
A lot of traders have this question in mind:
When we see a pin bar. But it does not trigger immediately on the next bar –
What should we do?

In my experience, when a price action pin bar occurs: If the pin does not break by the next 4 bars.
Price may not be heading the direction of the pin.

On the above chart example: Usd Chf 4hr

Price did not break the pin on the 2nd following bar. This will get you thinking if the pin is still going to trigger.
As this is only the 2nd bar after the pin, i did not close my pending sell stop order below the pin.

True enough the 3rd bar broke the pin and took the trade nicely down.

Next Intermediate Article: How to use moving average

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About Ezekiel Chew

Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.

Ezekiel is considered as one of the top forex traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and behind the scenes, Ezekiel trains the traders who work in banks, fund management companies and prop trading firms.

GET THE PROPRIETARY ONE CORE PROGRAM (The same system I use to make 6 figures a trade with)

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About Ezekiel Chew
About Ezekiel Chew

Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.

Ezekiel is considered as one of the top forex traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and behind the scenes, Ezekiel trains the traders who work in banks, fund management companies and prop trading firms.

GET THE PROPRIETARY ONE CORE PROGRAM
(The same system I use to make 6 figures a trade with)

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