Traditionally, aggressive traders enter at market after a Forex Pin Bar is formed. However, the stop placed below the tail of a pin bar could be 200 or more pips. Many times, price will retrace back ...

Pin bars in the bar chart world are essentially the equivalent of hammers and shooting stars in the candlestick chart world. These single-bar price action indicators can be exceptionally effective ...

EUR/USD – Pin Bar Bounce, But How Far? After getting close to the yearly lows last friday, at the very end of the day, the EUR/USD shot up very aggressively to end the day positive with a solid close.

Nevertheless, the EUR/USD formed an intraday pin bar on the 4hr time frame at 1.2066, currently sitting at 1.2129. Does this trader think it will hold? Unlikely, this is why I prefer selling rallies ...