USDJPY Pinbar trade yields Pips!
I like pinbars as they show strong buyers (or sellers) in the market. It was last Thursday when I went long USDJPY after the bullish pinbar. The market though had been in a downtrend so it was a risky play but the market was oversold and I was expecting a bounce at some stage. Anyway we went long expecting a movement the following day.. however, that didn't happen. On Friday, the market pushed down and when the markets opened over the weekend, the price action pushed almost to the low of
