I think what I was trying to say was that I am able to find zones (of course not all zones are working but majority do give some kind of movement) but have troubles having good entry strategy.
The pinbars dont work for me, i see pinbars everywhere and im not able to differentiate the different pinbars that you are writing about.
At the community they just look for some kind of rejection and market slowing down but im usually too quick or too late. Tbh, i usually just get stopped out often. Its really annoying because it seems all the rookies are doing so well and Ive been trying to become profitable for like 3.5 years and Im still not.
I do feel Im really close and that its basically now having a good entry at the right time that is the issue.
PS. you are right that there are some grammar mistakes but as long as everyone understands you, thats most important! My english isnt native, its actually my 3rd language so if I understood everything perfectly, then most people should too 🙂
Thank you,
My Response:
Sure thing… Let’s Dive In.
So, you’re wrestling with entry points, not zone identification. I get it. Truth is, pin bars aren’t the most reliable for signaling trade entries in zones.
They can hit the mark now and then, but consistency isn’t their strong suit…
Here are three strategies you might find more effective:
First up, take note of a sharp decline leaving the zone.
If you see a sudden, dramatic shift comprising two or more large candlesticks, it’s a sign the the banks—have probably made a move.
They could be placing a large buy order or securing profits.
Either way, it’s a green light indicating a likely zone reversal.
Aim to jump in after the second or third large range candle.
Once price leaves the zone, adjust your stop to the high of the sharp movement.
Next on the list: keep an eye out for a substantial engulfing candle.
These often trigger significant reveals, so seeing one inside the zone is a reliable hint a reversal is on the cards. Size matters here; a small engulf isn’t going to cut it. If the engulfing candle and the one it’s consuming are dwarfed by their neighbors, don’t expect a major reversal.
For clarity, check out my post on engulfing patterns.
Last but not least, keep your eyes peeled for a higher high (or lower low for supply zones) within the zone.
This strategy works best when price drives deep into the zone, rather than brushing the edge. Even if the above strategies don’t pan out, or you miss the boat, this approach can secure some profitable trades.
Wait for the price to breach a zone, watch for a slight retracement, then, once the price closes above the high (or below the low for supply zones) of the retracement, enter in. This method works because the higher high or lower low signals strong momentum—especially if the rise or drop is sharp.
While it may not always trigger a mega reversal, it should at least instigate a retracement which nudges price out of the zone, giving you a chance to adjust your stop and minimize risk.
Hope this helps…
PAN.