pinbar:
i mentioned this trade call on my channel, it was strictly based on this strategy

fxtee:

Hi pinbar, am lost here o... after identifying swing high and low , how do I trade it? I mean how do I identify entry point, exit point and TP.
Sorry for my amateur questions o... am still a learner!

Jlovin:
HOPE I got this @ pinbar.

wamiikechukwu:


My sister, yes am new i agree. I just joined forex, 2 minutes ago.

Please let me be, I carry God name beg you.

fxtee:

Hi pinbar, am lost here o... after identifying swing high and low, how do I trade it? I mean how do I identify entry point, exit point and TP.
Sorry for my amateur questions o... am still a learner!

pinbar:


You missed some points , will give you 60%

Let me explain the reason behind my swing points.... you have to be in tune with the current market conditions, it helps in bailing out of a bad trade soon enough, sometimes it maybe the market about going into sideways movement. So instead of you tying down your margin for a trade that is devoid of momentum at that period, you can bail out and scan for other setups

Jlovin:
Well I don't quite get it. Hope you'll throw more light soon.

pinbar:


Try and study my chart number 4 again, the entries were the once i indicated with an arrow. I will answer the questions again...

Ques : How do i trade it ?
Ans : Once you put up your trend line, have it hinged at a specific point, it could be a swing point, it could be in space, does not matter. just make sure the trend line you are drawing is not too steep otherwise you may be taken out of a profitable trade early, pull the right end of the trend line to pass through the last swing point as per how i have defined swing point for you, then observe price action. If price breaks the trendline , wait for a new candle to open and close without zooming back to the trend line and touching it, then open your new trade

Ques : Exit point
Ans : many ways , you could place your sl at the most current major swing point or you wait for price to give you an opposite signal, whichever happens first

Ques : TP
Ans : This type of strategy can make you maximize your profit, meaning so far the trend is not broken , keep trailing till you get stopped out. By trailing i mean moving your stop to the last swing point as per our definition

Thanks, later tonight I will try it out.

pinbar:


will need you to be more specific in your question, if it has to do with identifying swing point, study my chart number 2 again , i explained on the chart.

A candle that is higher than 2 candles before and after it is a swing point, same goes for a candle that is lower than 2 candles before and after it.

Jlovin:
Let me know how I do @pinbar

Jlovin:
Let me know how I do @pinbar

Jlovin:
Let me know how I do @pinbar

pinbar:


study the notes

pinbar:
The strategy gives a sell trade alert for this pair(GBPCAD)

pinbar:
Alert


Buy EJ @ 131.50

sl 130.89
tp open

Buy CADJPY @ 84.10

SL 83.82
TP open

Buy AU @ 0.7710

SL 0.7643
TP open

Buy AUDJPY @ 82.40

SL 81.83
TP 84.39

Check my telegram channel for updates on this trades. They were based on our strategy

Always use appropriate lot size as per account size, NOTHING IS GUARANTEED