I'll get straight to the point so
that you completely understand how I trade this method. First you must know
what a pin bar is. If not you should really look at some pictures but I will
explain quickly. A pin bar has a long tail and a short body. There is 4
different pin bars but I won't touch on that.
The pin bars we are looking for are
the kind that forms at the top or bottom of a trend. After you spot one of
these pin bars you want to see if it closed near any support or resistance
lines.
In forex tips, being "consistent”
is really the key to succeed continuously month after month and for a long time
to come. Nothing beats this fact I am sure. So instead of thinking how to make
200 pips each week, you just have to break it down into 40 pips a day instead.
Not only is 40 pips a very achievable target, but it is also a “realistic “target
as well. Why do I say so?
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