The Pin Bar: A Powerful Price Action Setup

As traders we have two general ways to engage financial markets.  First, we can conduct intensive research on macroeconomic drivers, fundamental news releases, and key economic data and come to a conclusion concerning the future direction of a specific financial asset; then, once the research has been conducted and a decision has been made, we enter a position.  Second, we can look at charts depicting current and historical prices of a financial asset and apply a myriad of technical indicators in order to determine what direction price may be headed …
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