20# Pin Bar Forex Trading System III
Submit by JanusTrader
Time Frame: 30min
Currency Pairs: all.
Indicators:
Pin Bars,
Daily Pivot
Rules for entry:
1/Pin bar must cut the Daily Pivot points this can be the DP, R1, R2,R3, S1,S2,S3
2/ The pin bar can be in the direction of the trend or counter trend
3/Entry is 1 point above or below the pin in direction of the pin
4/ Stop is 1 point below or above the pin
5/ Risk/rewardmust be at least 1 to 1,
6/ If you take a trade off the Daily Pivot point short then yourtarget is S1or if you go long then the target would be R1
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