Video Synopsis – Free Forex Trading System
In the above forex trading educational video I introduce traders to the inside bar / pin bar combination setup, we are “blending” candles in this setup. We had an existing downtrend in the NZDJPY in this video, we then got an inside bar which was also a pin bar, thus blending two signals together; the inside bar and the pin bar. We then look to sell on stop just below the low of the “mother” candle.
We can see after the low on the mother candle broke there was a very large bearish move that paid off nicely for traders trained in spotting these setups. We like to see a price action setup structure come off within 3 days. This is a great free forex trading system.