In PA transaction, Pinbar is very important trading signals today swan diary Max-zh take everyone to read Pinbar trading signals.
Pinbar hammer line is Japanese Candlestick chart, hanging line, hammer down line, wherein the length of its shadow length is at least two fold lines entity, hatching other end is short, as shown below:
Standard Pinbar trading signals
Pinbar trading signals represents one of the first forces dominate, and later reverse the dominant power of the Jedi, long upper shadow Pinbar expressed above strong resistance, pinbar long lower shadow indicates below support strong force. In fact, not have to have a very standard Pinbar reference value, has long shadow of the K line are worth attention, tell us a long shadow line has some strong resistance or support role in a certain price, a price signal test operation .
Look Pinbar significance in single combat application is not very large, PA trading system Pinbar trading signals requires a combination of support and resistance have real meaning.
To read pinbar trading signals, I can from the "trend", "position", "form" three angles to determine the overall interpretation. For example in the pinbar what trend structure, the position is relatively high or low, it is a kind of how like K-line form.
According to personal combat experience, worthy of attention pinbar trading signals, there is a combination of the following conditions:
Strong support 1.pinbar + / + break resistance buy
2. Press + pinbar break test confirmed support / resistance buy
To give you a few case studies:
USD / JPY weekly
Gold 1 hour chart
Chart 1 hour & P
GBP / JPY 1 hour
最后，Pinbar交易信号是一个很值得重视的讯号，但不要单独去使用，需结合它所处在的趋势、位置、形态综合分析判断，尽量找寻两个或以上的条件共振才考虑是否值得入场交易。