Forex Reversal Bar Method with 50% Retrace Entry

Below, I discuss the Pin bar reversal trading method with my 50% retracement advanced tweak entry on the daily NZDUSD chart.

NOTE – The Trading Platform With New York Close Charts Mentioned In This Video Can Be Downloaded Here.

Video Synopsis Video Synopsis – Pin Bar Reversal Method on NZDUSD In the above video I discuss the mechanics behind the pin bar reversal with a 50% retracement entry, it’s a slight “twist” to the typical pin bar entry, and this is only one of many ways of trading pin bars.

Also, we are going to discuss how to incorporate horizontal lines to mark levels of confluence and work as filters.

We need a bias in the market, if a market is trading between support and resistance in a trading range, the bias would be “neutral”.

What we are looking for in the above video is “key” points in the market; support and resistance levels or horizontal levels.

Next, we are looking for a pin bar, which is an obvious price action signals that has a long upper or lower tail, I discuss just the basics of the pin bar in this video.

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