Pin Bar

Discussion in 'Technical Analysis' started by Tellon, Aug 4, 2006.

  1. Tellon


    Does anyone here know much about Pin Bar's?

    Any resource or information you might know about. Or does anyone here trade using Pin Bar's?

    Thanks in advance.
  2. hcour

    hcour Guest

    Oh for god's sake, people keep re-inventing the wheel. That's actually an "upthrust bar" (or "shakeout" on a low), documented by Richard D. Wyckoff literally a hundred yrs ago. And before that in Candlesticks from the 16th century it's called a Gravestone Doji or a Dragonfly Doji or sometimes just a Hammer.

    "Pin Bar", sheesh...

  3. Darn....I thought this thread was going to be about some hot new Bar/Bowling Alley??? :eek:
  4. In Market Profile parlance, it's called a "tail".