Forex Zone - Forex Forum

Pin Bar in Forex Education_6825f0acc9f09

Pin Bar

Discussion started on Forex Education

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
Pin bar is a candlestick that has a tail that is longer than its body and usually protrudes out. Confirming the validity of a pin bar is on the bar after the pin bar.
#451 - August 30, 2019, 11:59:41 AM

Tiz

this pattern is a single pattern as an initial indication of a change in trend reversal or continuation usually in the form of a long shadow but requires additional confirmation such as RSI or stochastic indicators
#452 - August 30, 2019, 12:02:19 PM

  • Starter
  • Posts: 9
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
be careful with pin bar patterns because not all of them are valid and give an indication of reversal, they must be carefully assessed.
#453 - August 30, 2019, 12:30:16 PM

  • Starter
  • Posts: 9
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
pinbar is a pretty accurate and good pattern.
#454 - August 30, 2019, 01:25:05 PM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
pinbar is very simple and easy to find but less accurate.
#455 - August 30, 2019, 01:42:16 PM

Sponsored

Pin Bar in Forex Education_6803a6c52eb12
#456 - Today at 01:10:40 PM

  • Starter
  • Posts: 9
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Pinbar patterns can also be identified in various time frames but the most accurate is that the TF is large enough.
#456 - August 30, 2019, 02:34:26 PM

  • Starter
  • Posts: 9
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
pinbar is a very good and valid pattern for analysis.
#457 - August 30, 2019, 03:15:46 PM

  • Starter
  • Posts: 9
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
We should be remembered, if not always pin bar that figured will become sign reversal, sometimes only false reversal, so usually as the trader will put stop loss below or above the tail of pin bar, so if this signal is false, stop loss still prevent from a bigger loss
#458 - August 31, 2019, 12:40:54 AM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
we can use pinbar to find a good setup using fibo.
#459 - August 31, 2019, 02:23:45 AM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-0
pinbar is indeed a common pattern and is widely found but if we can capture the accurate signal from it then we can easily get a valid signal.
#460 - August 31, 2019, 04:09:04 AM

Pajak

be careful using pin bar patterns because not everything can be valid and give an indication of reversal, they must be assessed carefully.
#461 - August 31, 2019, 06:56:30 AM

Pawa

this pattern is the initial confirmation of a reversal trend but do not jump in important entries wait for a signal first and don't overlap using stop losses and don't overtrade then you will succeed
#462 - August 31, 2019, 08:46:10 AM

Pava

The appearance of the pin bar is a change in trend that is currently taking place.
#463 - August 31, 2019, 08:50:24 AM

Jita

pinbar is indeed very very interesting because in addition to popular it is also the most frequently discussed and used.
#464 - August 31, 2019, 08:57:26 AM

Lah

pinbar is very simple and easy to find but less accurate.
#465 - August 31, 2019, 10:00:25 AM

Members:

0 Members and 1 Guest are viewing this topic.



Trade as a VIP with PrimeXBT