Inside Bar Trade - Profits!
>> Nov 9, 2009

NZDUSD daily trade
Simple inside bar trade with netted 130 pips
a systematic approach to profitable forex trading

NZDUSD daily trade
Simple inside bar trade with netted 130 pips

M15 EURUSD breakout system.
High probability winning trades

This is a good set-up for short entry

Enter short when price dives below the green line on the Daily
I like to share this very useful trading method. It is a simple yet very high probability winner strategy.
Please see this article by Mark Crisp
Forex 1-2-3 Method by Mark Mc Rae
This particular technique has been around for a long time and I first saw it used in the futures market.
Since then I have seen traders using it on just about every market and when applied well, can give amazingly accurate entry levels.
Lets first start with the basic concept.

Pin bar on daily, indicated by red arrow. Potential short trade. Stop loss set to about 80pips.

Here's a potential long trade on the 1 hour. Open trade when the market opens on Monday.

This 4hr chart initiated a pin bar and trigger a potential short trade at 0.80148

Again another 4 hr pin bar formed and this can also be a potential short trade

4 hr chart shows pin bar and this can be a potential short trade

Prices reached the resistance and retreated. Nevertheless profited about 90 pips from this pin bar trigger trade.

This 4 hr price shows a pin bar and therefore a good set-up for a long trade at 0.61436

This is a YM 1600 ticks chart showing two pin bars which trigger a short and a long trade. Each of these pin bars make about $300 points.

Triple bottom. Prices rebounded from the support line in red. Profit target 0.900

The trade was given on May 11 post. See below please. Now is 419pips in profit. Happy trading!

The NZDUSD trade given on May 11 is now 178pips in profit. Not too bad eh?

The GBPJPY trade given on May 6 is now 409pips in profit. Not too shabby eh?

This trade which was given in my May 5 post is now 352 pips in profit

Prices hit the grey thick resistance line and bounce back down. Hence potential for short trade here.

Prices hit the grey resistance line. Also, a pin bar is formed which triggers a short trade at 0.6025.

Prices bounced off resistance of the grey pivot line. Also, note the triple top denoted by the 3 arrows. Looks like a good short trade here.

Prices hitting resistance from the blue pivot line and the 365MA Short at 98.70

Inner bar trade, enter at the base of the grey rectangular box. Exit at the top of grey box with 45 pips profit.

Buy after the close of red pin bar and sell two days later with 200pips profit

2nd target profit at the upper grey bar with 440 pips from the enter long grey bar

Took 2nd profit when the price dropped and cut the blue Gann line. Profit about 200pips.

Took profit of 100pips at resistance shown by the long grey line. The 2nd profit target will trigger when prices cross the blue Gann line. Still running now.

Pin bar trigger trade made 200 pips in one day.

Another pin bar on the daily, signals that prices very likely to move up
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