Master one trick only


Well-Known Member
In rel cap on point exit due to pin bar? Why you did not use trailing stop loss here?if exit due to pin bar, so if in future if we see a pin bar we should exit?
if u have gone through this thread from the begining,than u should know that,this is not a mechanical system,rather it is a discretion strategy

rules are just guidelines,there are other things to look for

more over pin bar is a strong reversal sign if combined with other things

in this case if u change the TF to 5 min,u will see,two pin bars at that point,both closing at the upper half,showing the bullishness in price,
and i was in a profit,so decided to exit,and waited for next opportunity
which i got also


Well-Known Member


Well-Known Member
But it does not seem that candle 5 broke out of the high of first candle (like candle 4 did). So I am not able to understand this entry.
candle 4 gave a break out and then closed well below the line.indicating a rejection of the after this we are looking for a short entry,
so where to short?
price pulled back to upper line,then there was a pin bar,and when price breached the low of this pin bar,i entered short
this was the 1st candle,after candle 4 whos low is breached
i hope it is clear

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