bars that have highs that are almost on the same price level or within 2 pips. How do you spot this pattern? A pin bar is a very unique candlestick because it shows rejection of a price level via very long tail or spike and this tail or spike is much larger/longer than the entire candlestick body. You should also look at trading pin bars that form at swing lows in an uptrend The opposite is also true, look for pin bars in swing highs in a downtrend and if a pin bar forms, take a short trade. James16 pattern #3: TWO OR more matching highs/TWO OR more matching lows #3a: Two Matching Highs Pattern: How Do You spot 2 Matching Highs chart pattern?: Well, you look for 2 bars that have highs that are almost on the same price level or within. N, you must log in or register to reply here.
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Forex forum is open for strategies discussions. Clear, competitive pricing and superior trade executions. 21, 79 and 365. But if anybody seeing this has any idea how James16 exits his trade, could you please use the contact form and send me the info and I can post or submit a comment. I knew something smelled funny about J16. If pin bars form in areas of confluence, then you should take notice of such because the chances of taking trades that go successful are good. The Exponential MA. Discover your trading personality and we'll create a customized course to boost your forex trading skills. I believe, he is no longer supporting the thread he started trader forex c'est quoi some years ago at the moment as he has got his own site where traders subscribe for a monthly fee to learn the james16 forex trading strategies and methods.