CrocodileRex replies to: Pinpars Rock

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Definitely Pin Bar of the week goes to AUDUSD, well done anyone that got some of those awesome pips! {image}

Very often, price will come back to the close or hi/lo of the pinbar before rocketing off again.

This is because many pinbar traders enter on a break of the hi or lo and go to break even very quickly.

Your Aussie is a perfect example:

Pinbar-> price moves up as anticipated, but then comes right back back to hit the pinbar break even traders’ stops. Now comes the real move……………

Lots of ways to play this if you have a good think about it…………..

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