Pinbar entry on AUDUSD nets 50 pips
So when the markets opened last night, I saw that there was a bullish pin bar. It was very apparently and had a very long tail which signifies strong buying. I tend to trade with the trend using the moving average line to ensure that I only go long when the price action is above the line and short when the price action below. However, when you get such a strong signal I couldn't just leave it. So I was rewarded this morning it started going up... my initial trade was long at 10354 with