Recent Fakey and Pin Bar Reversal Forex Trade Setups - ybarracopievere

Hey Traders,

trade examples I only wanted to remark some discriminate trades that have formed freshly connected the EURUSD and GBPUSD. To a lower place are some charts with standard examples of some of my Mary Leontyne Pric natural process trading strategies that I use on the 4 hour and daily charts.

You wish notice the clean acicular chart, with nary indicators (purified price action). The charts show my "fakey setup" and "pin bar policy change setup". The current market conditions (at the time of writing, November 2010) sustain been "perfect". If you can't make money in the current market then you won't ever have money, this current trend is a "gift", so trade it well.

You will also notice that the trade setups resulted in single unstable moves, allowing well profit potentiality and risk reward ratio. These setups are very simple and logical and have a positive expectancy, occurring often enough to actively trade the day-after-day and 4 hour charts. I have had good success this past month with the fakey and the personal identification number bar, and so I honorable loved to share with you some of the trades I made lately…

Examples of trades made using the pin exclude setup and the fakey setup

The chart below shows a Fakey setup and Pin bar setups I traded on the 4 hour time frame. You can read more about the Pin bar strategy here and take about the Fakey apparatus here.

fakey and pin bars

The chart below shows daily time frame Pins and Fakey setups – You can read more about Pin bars here and learn about the Fakey forex setup here.

fakey setups and pin bars

The chart down the stairs shows a daily chart prison term draw up pessimistic fall bar reversal setup that kicked off a Brobdingnagian trend change. Note how the trend was skyward prior to the pin bar and and so Mary Leontyne Pric now drop lower subsequently the pin bar formed, and a fundamental downtrend followed. It doesn't always find this way, but pin bars do sometimes mark huge turning points in the market, and this is yet another reason why understanding how to trade them is so important…

pin bar reversal

The chart down the stairs shows a blown-up PIN number bar betray signal happening the 4 hour EURUSD graph which led to a nice move over lower and and then a fakey setup with a large pin barricade A the spurious break bar. Fakey setups with a pin bar for the false break bar are among my favorite price action setups to trade.

pin bars and fakey's