FX:AUDUSD   Australian Dollar/U.S. Dollar
107 3 7
Expanding tops= standard bearish
Comment: Trade removed.
Will stand aside and short a bit higher due to the 1H wick here
Comment: Setup remains valid for as long as MACD mantains a lower high.
Waiting for next signal
snapshot
Comment:
snapshot
Comment: Trade working so good!
The problem here is that ... your entry showing here is analysed, traded, and entered based on H1. Next time, try Analyse on D1, trade entry refinement base on H8, H4 (H1 is still volatile, 15min and 5min is for scalpers... no point to trade). This is my IMHO. I'm PA enthusiast.
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two more points... I'm afraid you are using wrong pin bar analysis; #1 pin bar tail should be more than half the total length, otherwise it's of less impact #2 the pin testing through a level and which has to be an important level #3 last and most important of all...go through statistics and google about importance of choosing the right time-frame to trade, in considering which time-frame most fit your personality and yet stable (less market volatility and noises that significantly fill your Stoploss)
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Good points. I got stopped out. I mostly trade on 4H and Daily, but here I was just doing a quicky. Thanks for comment, gcplau.
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