Video Synopsis – Forex Buy Signals Setup on AUDJPY pair
We are looking at the AUDUSD daily candle stick chart in this video and are going to walk through an inside bar / pin bar forex price action signal trade setup. We can see the 0.7406 level was previous support that was broken; price subsequently reclaimed this level and pushed up through it, which was an important event.
WE can also see an important level at 0.7837, it’s a swing point that connects two previous highs. So we have upside potential towards 0.7837. We have added confirmation via two consecutive pin bars that were also both inside a mother candle. This is called an inside bar / pin bar combination setup. There was also a false break event that formed a few days earlier that helped push prices higher.
Our stop loss on this setup would be around 100 pips and the upside potential would be over 300 points, this is how professional traders look at the market; analyze levels, look at the price action signals, nice tight stop and nice wide profit target. This is called risk to reward, when we have our risk tight and our reward high, we have a solid trade setup, especially with the signals and momentum in our favor.
AUDJPY trade part 2
Video Synopsis – AUDJPY Continues with Pin Bar Candlestick Patterns
In the above video I recap the AUDJPY Pin Bar Forex Trade Signal setup on the daily chart from the previous video. In the last video I talked about the bullish signals that were forming on the daily chart, we can see in this current video that a bullish pin bar / inside bar combo formed on the daily AUDJPY chart. These inside bars formed within a “mother candle” which is a bar that fully engulfs the subsequent price bars.
On this setup my stop loss was set at 93 pips, setups like this allow for nice tight stops which make for great risk to reward ratios. The trade is currently in profit in this video and I moved to break even making this a risk-free trade. My target was set near 0.7830 for a risk to reward of 3 to 1. Note in the video the strong swing point that held near 0.7571.
If you would like to learn how to simplify your trading and trade price action setups off higher time frames as I did in the above video, please check out the member section and trading course for more profitable setups.
Live Pin Bar Trade Setup Part 1
Video Synopsis – 4 Hour Pin Bar – Price Action in Forex
In this quality trading video we are looking at euro-dollar price action and talking about a live pin bar reversal trade on the 4hr chart in the direction of the underlying momentum or with the dominant trend.
Price action is very simple; however intra-day trading is the most complex thing a trader can do. At the time of this video there were 4 profitable 4 hr pin bars on the EURUSD in a row, so sometimes it is very lucrative to trade intra-day charts.
With my mentorship program at learn to trade the market I teach people how to trade the pin bars, inside bars, and the fakey trigger, my existing videos and website will make the fact that I love price action trading very apparent, price action is my “life” with the markets and I have dedicated hours and years to the art and skill of price action trading. Price action really is all a trader needs to profit in the market as far as strategy is concerned. When you learn to read a naked price chart it begins to gel and work with your personality and you will develop your own personal price action trading “flair”.
Back testing is not a useful strategy. Nothing can be back tested with price action, trying to quantify and back test data is futile since we are teaching discretionary chart reading. The concept of my website is to look at price action only, if you decide to join my member’s only forum I don’t want any complex strategies introduced, only the simple price action concepts that I teach.
In this video we are looking at the 4 hr EURUSD chart. We can see the first signal was a nice pin bar at the top of the chart that formed in the direction of the daily down trend, the second signal was an inside bar and combination pin bar break down. The 3rd setup actually formed live and I was short on this pin bar reversal trade setup based on the recent success of the 4hr pin bars on this chart. We are looking for a risk to reward of 3 or 4 to 1 on this setup. We can see the first 2 setups in this chart worked out very nicely. We are using the behavior of the current chart to decide what method to implement, this is chart reading. We can see on the daily chart there have also been pin bars that worked out quite nicely, I call these “golden setups”.
Live Pin Bar TradeSetups part 2
Video synopsis – Live Pin Bar Setup – Recap
In this video I update the previous video which discussed a live setup that was forming on the EURUSD 4 hour chart.
The idea with price action is always to have a risk / reward of at least 1:2 in any setup. This trade fortunately gave me 1:3. I did talk in the previous video that I had a 60 pip stop; my target got hit for 180 pips for a risk / reward of 1:3.
This is a trading method not a system. I do not attempt to back test anything; we have to actually forward test our trading method for it to be relevant. We can see forward testing in this video over the last 24 hours. We have seen this 4 hr chart signal occurring 4 times in the recent sample of data and we have had 4 winning trades in a row on this chart. We are learning in a “forward sense”, rather than back testing, so it is not a system it is a trading methodology. This is a classic example of another quality live pin bar forex trade.
Live Inside Bar Trade Setup Part 1
Video Synopsis – 4 Hour Pin Bar – Price Action in Forex
In this quality trading video we are looking at euro-dollar price action and talking about a live pin bar reversal trade on the 4hr chart in the direction of the underlying momentum or with the dominant trend.
Price action is very simple; however intra-day trading is the most complex thing a trader can do. At the time of this video there were 4 profitable 4 hr pin bars on the EURUSD in a row, so sometimes it is very lucrative to trade intra-day charts.
With my mentorship program at learn to trade the market I teach people how to trade the pin bars, inside bars, and the fakey trigger, my existing videos and website will make the fact that I love price action trading very apparent, price action is my “life” with the markets and I have dedicated hours and years to the art and skill of price action trading. Price action really is all a trader needs to profit in the market as far as strategy is concerned. When you learn to read a naked price chart it begins to gel and work with your personality and you will develop your own personal price action trading “flair”.
Back testing is not a useful strategy. Nothing can be back tested with price action, trying to quantify and back test data is futile since we are teaching discretionary chart reading. The concept of my website is to look at price action only, if you decide to join my member’s only forum I don’t want any complex strategies introduced, only the simple price action concepts that I teach.
In this video we are looking at the 4 hr EURUSD chart. We can see the first signal was a nice pin bar at the top of the chart that formed in the direction of the daily down trend, the second signal was an inside bar and combination pin bar break down. The 3rd setup actually formed live and I was short on this pin bar reversal trade setup based on the recent success of the 4hr pin bars on this chart. We are looking for a risk to reward of 3 or 4 to 1 on this setup. We can see the first 2 setups in this chart worked out very nicely. We are using the behavior of the current chart to decide what method to implement, this is chart reading. We can see on the daily chart there have also been pin bars that worked out quite nicely, I call these “golden setups”.
Live Inside Bar Trade Setup Part 2
Video synopsis – Live Pin Bar Setup – Recap
In this video I update the previous video which discussed a live setup that was forming on the EURUSD 4 hour chart.
The idea with price action is always to have a risk / reward of at least 1:2 in any setup. This trade fortunately gave me 1:3. I did talk in the previous video that I had a 60 pip stop; my target got hit for 180 pips for a risk / reward of 1:3.
This is a trading method not a system. I do not attempt to back test anything; we have to actually forward test our trading method for it to be relevant. We can see forward testing in this video over the last 24 hours. We have seen this 4 hr chart signal occurring 4 times in the recent sample of data and we have had 4 winning trades in a row on this chart. We are learning in a “forward sense”, rather than back testing, so it is not a system it is a trading methodology. This is a classic example of another quality live pin bar forex trade.
Live Inside Pin bar Combo Setup
Video Synopsis – Inside bar + pin bar combo setup
This video demonstrates an hourly inside bar / pin bar combo setup that formed with the hourly trend. There was a nice formation at the 1.3300 level that had confluence with the existing marketing momentum and previous horizontal level. There was an obvious rejection in the 2 candles discussed in the video, these candles gave us our price action signal.
My stop was placed just above the high of the tail of the rejection bar at 1.3300. This trade proceeded to make around 5-times risk, my stop was very tight due to it being on the hourly time frame. I talked about “mental stop losses” in this video as well. I had a 100 pip stop on this trade but you could have had a 50 pip stop which would have dramatically increased your risk reward.
The pin bar / inside bar combo strategy can be very effective, it is usually more effective on the daily charts than on the hourly but sometimes you do get a very good pin bar / inside bar combo like the one discussed in this video.
Video Synopsis – AUDJPY Continues with Pin Bar Candlestick Patterns
In the above video I recap the AUDJPY Pin Bar Forex Trade Signal setup on the daily chart from the previous video. In the last video I talked about the bullish signals that were forming on the daily chart, we can see in this current video that a bullish pin bar / inside bar combo formed on the daily AUDJPY chart. These inside bars formed within a “mother candle” which is a bar that fully engulfs the subsequent price bars.
On this setup my stop loss was set at 93 pips, setups like this allow for nice tight stops which make for great risk to reward ratios. The trade is currently in profit in this video and I moved to break even making this a risk-free trade. My target was set near 0.7830 for a risk to reward of 3 to 1. Note in the video the strong swing point that held near 0.7571.
If you would like to learn how to simplify your trading and trade price action setups off higher time frames as I did in the above video, please check out the member section and trading course for more profitable setups.
Live Pin Bar Trade Setup Part 1
Video Synopsis – 4 Hour Pin Bar – Price Action in Forex
In this quality trading video we are looking at euro-dollar price action and talking about a live pin bar reversal trade on the 4hr chart in the direction of the underlying momentum or with the dominant trend.
Price action is very simple; however intra-day trading is the most complex thing a trader can do. At the time of this video there were 4 profitable 4 hr pin bars on the EURUSD in a row, so sometimes it is very lucrative to trade intra-day charts.
With my mentorship program at learn to trade the market I teach people how to trade the pin bars, inside bars, and the fakey trigger, my existing videos and website will make the fact that I love price action trading very apparent, price action is my “life” with the markets and I have dedicated hours and years to the art and skill of price action trading. Price action really is all a trader needs to profit in the market as far as strategy is concerned. When you learn to read a naked price chart it begins to gel and work with your personality and you will develop your own personal price action trading “flair”.
Back testing is not a useful strategy. Nothing can be back tested with price action, trying to quantify and back test data is futile since we are teaching discretionary chart reading. The concept of my website is to look at price action only, if you decide to join my member’s only forum I don’t want any complex strategies introduced, only the simple price action concepts that I teach.
In this video we are looking at the 4 hr EURUSD chart. We can see the first signal was a nice pin bar at the top of the chart that formed in the direction of the daily down trend, the second signal was an inside bar and combination pin bar break down. The 3rd setup actually formed live and I was short on this pin bar reversal trade setup based on the recent success of the 4hr pin bars on this chart. We are looking for a risk to reward of 3 or 4 to 1 on this setup. We can see the first 2 setups in this chart worked out very nicely. We are using the behavior of the current chart to decide what method to implement, this is chart reading. We can see on the daily chart there have also been pin bars that worked out quite nicely, I call these “golden setups”.
Live Pin Bar TradeSetups part 2
Video synopsis – Live Pin Bar Setup – Recap
In this video I update the previous video which discussed a live setup that was forming on the EURUSD 4 hour chart.
The idea with price action is always to have a risk / reward of at least 1:2 in any setup. This trade fortunately gave me 1:3. I did talk in the previous video that I had a 60 pip stop; my target got hit for 180 pips for a risk / reward of 1:3.
This is a trading method not a system. I do not attempt to back test anything; we have to actually forward test our trading method for it to be relevant. We can see forward testing in this video over the last 24 hours. We have seen this 4 hr chart signal occurring 4 times in the recent sample of data and we have had 4 winning trades in a row on this chart. We are learning in a “forward sense”, rather than back testing, so it is not a system it is a trading methodology. This is a classic example of another quality live pin bar forex trade.
Live Inside Bar Trade Setup Part 1
Video Synopsis – 4 Hour Pin Bar – Price Action in Forex
In this quality trading video we are looking at euro-dollar price action and talking about a live pin bar reversal trade on the 4hr chart in the direction of the underlying momentum or with the dominant trend.
Price action is very simple; however intra-day trading is the most complex thing a trader can do. At the time of this video there were 4 profitable 4 hr pin bars on the EURUSD in a row, so sometimes it is very lucrative to trade intra-day charts.
With my mentorship program at learn to trade the market I teach people how to trade the pin bars, inside bars, and the fakey trigger, my existing videos and website will make the fact that I love price action trading very apparent, price action is my “life” with the markets and I have dedicated hours and years to the art and skill of price action trading. Price action really is all a trader needs to profit in the market as far as strategy is concerned. When you learn to read a naked price chart it begins to gel and work with your personality and you will develop your own personal price action trading “flair”.
Back testing is not a useful strategy. Nothing can be back tested with price action, trying to quantify and back test data is futile since we are teaching discretionary chart reading. The concept of my website is to look at price action only, if you decide to join my member’s only forum I don’t want any complex strategies introduced, only the simple price action concepts that I teach.
In this video we are looking at the 4 hr EURUSD chart. We can see the first signal was a nice pin bar at the top of the chart that formed in the direction of the daily down trend, the second signal was an inside bar and combination pin bar break down. The 3rd setup actually formed live and I was short on this pin bar reversal trade setup based on the recent success of the 4hr pin bars on this chart. We are looking for a risk to reward of 3 or 4 to 1 on this setup. We can see the first 2 setups in this chart worked out very nicely. We are using the behavior of the current chart to decide what method to implement, this is chart reading. We can see on the daily chart there have also been pin bars that worked out quite nicely, I call these “golden setups”.
Live Inside Bar Trade Setup Part 2
Video synopsis – Live Pin Bar Setup – Recap
In this video I update the previous video which discussed a live setup that was forming on the EURUSD 4 hour chart.
The idea with price action is always to have a risk / reward of at least 1:2 in any setup. This trade fortunately gave me 1:3. I did talk in the previous video that I had a 60 pip stop; my target got hit for 180 pips for a risk / reward of 1:3.
This is a trading method not a system. I do not attempt to back test anything; we have to actually forward test our trading method for it to be relevant. We can see forward testing in this video over the last 24 hours. We have seen this 4 hr chart signal occurring 4 times in the recent sample of data and we have had 4 winning trades in a row on this chart. We are learning in a “forward sense”, rather than back testing, so it is not a system it is a trading methodology. This is a classic example of another quality live pin bar forex trade.
Live Inside Pin bar Combo Setup
Video Synopsis – Inside bar + pin bar combo setup
This video demonstrates an hourly inside bar / pin bar combo setup that formed with the hourly trend. There was a nice formation at the 1.3300 level that had confluence with the existing marketing momentum and previous horizontal level. There was an obvious rejection in the 2 candles discussed in the video, these candles gave us our price action signal.
My stop was placed just above the high of the tail of the rejection bar at 1.3300. This trade proceeded to make around 5-times risk, my stop was very tight due to it being on the hourly time frame. I talked about “mental stop losses” in this video as well. I had a 100 pip stop on this trade but you could have had a 50 pip stop which would have dramatically increased your risk reward.
The pin bar / inside bar combo strategy can be very effective, it is usually more effective on the daily charts than on the hourly but sometimes you do get a very good pin bar / inside bar combo like the one discussed in this video.
