Scalping forex using pinbar candlestick pullback strategy


One of the great features of pullback indicators is that they will often appear along side other pullback indicators. This reinforcement by other established strategies and forex indicators further enforces your position making trades easier to execute the more you are familiar with the various pullback setups. Firstly what is a Pinbar candlestick? A pinbar candlestick describes the appearance of the candlestick, basically it looks like a pin. The tail of the candlestick is very long compared to the body of the candlestick. The rule for our strategy is that one of the tails is at least 3 times longer… Continue reading