Price action

Price action

Hi, my name is Matt Evans and I an at Silver 1 at this time.

I have found price action to be helpful. The most useful thing I have found is the pin bar.

Google has it as Pin Bar, which is short for 'Pinocchio Bar,' is a single candlestick setup that clues price action traders into potential reversals in the market. A pin bar is an elongated wick that 'sticks out' from price action.

Basically, the pin bar lets you know the likely next direction the price will move in.

I hope that is helpful.