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Nial Fuller

NIAL FULLER
Professional Trader, Author & Trading Coach

Trading Bullish Pin Bar Signals on Aussie Dollar (AUDUSD)

2011-07-10T22:19:40+00:00
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By in Forex Trading Videos Last updated on | 14 Comments

Hi Traders, Here is a Great Forex Training Video on Trading Bullish Pin Bar Signals on Aussie Dollar (AUDUSD). This is a great Tutorials Video on Trading the Pin Bar buy signal with 50% advanced Tweak Entry on the Daily Chart timeframe.

Video Synopsis – Trading Bullish Pin Bar Signals on Aussie Dollar (AUDUSD)

In the above forex trading educational video I begin by discussing why I use the New York close charts, these charts do not include the Sunday trading session as a single bar; instead they combine the Sunday and Monday sessions as a single bar, these charts are superior to GMT charts in my opinion, they produce more and higher-quality price action signals.

The trade setup discussed in this video is a daily pin bar reversal with a 50% “tweak” entry, this setup occurred on the AUDUSD. The pin bar formed right on a very obvious uptrend line that had existed for sometime in the market previously. This setup was with the trend and I advise beginning traders to trade in the direction of the existing trend only.

The bar that formed just after the pin bar setup moved down to the 50% “balance point” of the pin bar, allowing for a tight entry near the 50% balance point of the pin bar’s range. This video gives a good example of the pin bar forex trading strategy with trend with a 50% “tweaked” entry.

About Nial Fuller

is a Professional Trader & Author who is considered ‘The Authority’ on Price Action Trading. He has a monthly readership of 250,000+ traders and has taught 20,000+ students since 2008. Checkout Nial's Professional Forex Course here.
  1. bhaskar nakate October 2, 2013 at 2:25 am

    Thanks I watched your video, the methods seem very easy and I am looking forward for the next video.

    Reply
  2. Michal June 7, 2012 at 6:24 am

    Great video, thanks Nial

    Reply
  3. George November 30, 2011 at 7:01 pm

    Great.

    Reply
  4. Ashley June 8, 2011 at 3:33 am

    Awesome video, Nial! I’m just wondering what makes you take that setup as a 50% retracement of the pin bar as opposed to entering on the close of OR break of the high of the pin bar?

    Screen-time I’m sure is the biggest factor. But is this a matter of the strength of the trend? Or if the market has just contracted after an impulsive move? Or if the pin bar occurs after a big run, pointing to a reversal in trend?

    Reply
  5. Manu April 7, 2010 at 9:44 pm

    GREAT video, great method. Thank you very much!

    Reply
  6. Giles Coghlan February 27, 2010 at 8:17 am

    Dear Nial,

    Thanks ! Thanks ! and Thanks again Nial! I have understood Price Action !!!!!

    Giles

    Reply
  7. Hans Nortje December 24, 2009 at 1:02 am

    Hi Hial,

    Thanks I watched you video, the methods seem very easy and I am looking forward for the next video.

    Thanks

    Reply
  8. B. McConnel December 6, 2009 at 2:02 pm

    Nial,
    I am delighted to have found your web site; thank you.
    I have a trading account with Interactive Brokers and am concentrating quietly on the AUD/USD. Interactive provide charting information directly from 1 hour to 1 day. You seem to place a deal of emphasis on 4 hour charts, can you suggest a solution to this dilemma please.
    Best wishes,
    Bryan.

    Reply
  9. Carlos Pinon November 30, 2009 at 4:11 pm

    Hi Nial,

    Many thanks for your impressive clear explanations, it’s a great help for us newbie here.

    Regards,
    Carlos Pinon

    Reply
  10. nwfx November 26, 2009 at 6:39 pm

    Didn’t take that one due to buying into potential resistance @ 9400 level (goes back to Nov 07 on weekly) but got on the nice pinbar on the NZD/JPY on the MONTHLY charts earlier in the month using a 50% tweak entry based on a reversal at a confluence of quite a few level actually….lets see where this journey takes us :-)

    Reply
  11. David November 24, 2009 at 1:03 pm

    Thanks, Nial. I’m very new to this. I’ve grown weary of folks throwing thousands of dollars of indicators and templates at me already (I haven’t purchased one either). I’ve watched your videos, and your methods seem very simple to follow. I can appreciate that. I look forward to joining you soon.

    Healthy and Wealthy trading!

    David

    Reply
  12. Russace November 24, 2009 at 11:26 am

    Exellent nial, as always, looking forward to the new course matterial, I appreciate the time and effort you are putting in to better train us.

    Reply
  13. mala rajput November 24, 2009 at 1:45 am

    thanks Nial

    Reply
  14. Doc5 November 24, 2009 at 1:23 am

    Great stuff here Nial, as always. Glad to hear you are adding new material to the course. Very much looking forward to it. Thanks for always taking the time to post these videos and comments, accessable to all at no charge.
    The new Members Market Summary section detailed by you and Larry is a great addition to the forum. Thanks again.
    Doc5

    Reply

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