5 Common Mistakes When Trading The Pin Bar Strategy
['Nial Fuller']
Learn To Trade The Market
I see many traders making the same mistakes over and over with pin bars; they trade every pin they see, they give no consideration to the market context the pin bar formed within, they constantly try trading counter-trend pin bars and many other mistakes. The first thing I tell my students to do in regards to pin bar trading, is to learn how to trade pin bars in trending markets. That goes for a 1 hour or 4 hour pin bar too; if it doesn’t “make sense” with either the trend, key chart levels or both, on the daily chart time frame, it’s probably not a good pin bar to trade.