The GBPUSD is still stuck range trading in a tight box. Price has been struggling to go either higher or lower from this box in the last week. When price eventually break out one way or another we will be given a much clearer idea of whether to start looking for long or short …
Price Action That Sucks Traders In
Price Action That Sucks Traders In... Common Price formations that Price Action Traders use to enter the market such as Pin Bars, Inside Bars, Engulfing Bars and Two Bar reversals form on all time frames, all pairs and regularly. Traders that are new to the Price Action Trading method tend to …
The Pin Bar Reversal
The Pin Bar Reversal The Pin Bar is a Price Action formation that can be found on any timeframe in any market. The Pin Bar or full name Pinocchio Bar, is given its name because the signal is lying to the market or tricking traders that price is going one way when in fact it is reversing back …