Pin Bar Forex Chart Patterns Strategy

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Pin Bar Forex Chart Patterns Strategy

This strategy uses a 30 minute timframe and applicable to all currency pairs.

Forex Indicators:

  • Pin Bars,
  • Daily Pivot

Rules for entry:

  • Pin bar must cut the Daily Pivot points this can be the DP, R1, R2,R3, S1,S2,S3.
  • The pin bar can be in the direction of the trend or counter trend.
  • Entry is 1 point above or below the pin in direction of the pin.
  • Stop is 1 point below or above the pin.
  • Risk and reward must be at least 1 to 1.

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