Daily Pin Bar With Low-Risk High-Reward Forex Swing Trading Strategy

You will notice that whenever the market will have a pin bar, it can create big moves most of the time. On that pin bar candlestick, you have made a huge profit as the market will either go up or down nicely. But there’s a little trick where you can trade the daily pin bar with little risk.

1. Identify a pin bar
2. To trade a pin bar with minimal risk, wait for a retracement to the 50% Fib Level and then enter your trade.
3. Place sell limit pending order.

Advantages:

• A pin bar candlestick can be very effective when you identify it on the support or resistance area.
• This technique can reduce the huge stop loss distance.
• It minimizes risk and getting in on a better price with the use of a sell limit order.

Recommended MT4 Broker

XM Broker

• Free $50 To Start Trading Instantly! (Withdraw-able Profit)
• Deposit Bonus up to $5,000
• Unlimited Loyalty Program
• Award Winning Forex Broker
• Additional Exclusive Bonuses Throughout The Year
• Exclusive 50% Cash Rebates for all Trades!

>> Sign Up for XM Broker Account here with Exclusive 50% Cash Rebates For All Future Trades [Use This Special Invitation Link]  <<

Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: 𝟕𝐖𝟑𝐉𝐐

Click here below to download:

Save

Save

Get Download Access