Trading Bullish Pin Bar Signals on Aussie Dollar (AUDUSD)
['Nial Fuller']
Learn To Trade The Market
In the above forex trading educational video I begin by discussing why I use the New York close charts, these charts do not include the Sunday trading session as a single bar; instead they combine the Sunday and Monday sessions as a single bar, these charts are superior to GMT charts in my opinion, they produce more and higher-quality price action signals. The trade setup discussed in this video is a daily pin bar reversal with a 50% “tweak” entry, this setup occurred on the AUDUSD. The bar that formed just after the pin bar setup moved down to the 50% “balance point” of the pin bar, allowing for a tight entry near the 50% balance point of the pin bar’s range.