Hi All
I want to create a definitive/exhaustive list for signals of confluence for assessing Pin bar strategies. I will start it off and hopefully over time we can compile a complete list of these signals that can be put in your signal tool box!
I encourage the advanced traders among Babypips to argue for or against any entry that should or should not make the cut 
[B][U] THE LIST[/U][/B]
1/ Is there evidence of Price Action Bouncing off support or resistance levels?
2/ Can a trend line be drawn connecting up 3 or more higher highs or lower lows?
3/ Is there a dominant trend?
4/ Are there 2 signals to confirm the direction of the dominant trend?
5/ Is there a crossover of the moving average?
6/ Is the moving average running with the trend?
7/ Are there 2 or more support/resistance points on a horizontal line?
8/ Are there 2 or more trend reversal points on a horizontal line (also called swing points)?
9/ Is there a False Break of a resistance level?
So theres 9. I am sure the Fibonnacci goes in here too, but I still havnt learnt that one yet and it would be a bit wrong of me to insert it if i dont fully understand it.
So, I encourage you to add to this list. Even if you are not 100% sure, throw it out there and it will go through the scrurtiny wash and will make the cut or it wont. Either way, throw it in!!
Enjoy
[B]Nick Jordan
Day 10/365
Earnings to date $0.00 [/B]:50:
