Page 77 - CMA Journal (July-August 2025)

Articles Section

And in the above example we enter the market as the
bear pin bar finished and the stop loss will be the high of In the above figure we enter into the market when there
the pin bar. is a retracement of 50% of the pin bar, and stop loss will
be as usual the low of the pin bar.

In the above figure we enter into the market as the high In the above figure we will short the entry when there is
of the pin bar breaks; in the above case we will not enter 50% retracement of the bearish pin bar, and stop loss will
into the market as the pin bar finished, we wait for the be the high of the pin bar.
break of high of the pin bar, and the stop loss will be the
low of the pin bar. Conclusion
In this article, I have discussed a few practical methods of
entering the market using candlestick analysis,
particularly the pin bar strategy combined with support
and resistance and moving averages. The choice of
method largely depends on whether a trader is focused
on the short term or long term, and also on the specific
behavior of each scrip, since no single method works
equally well for all. In my experience, every scrip has its
own unique movement, and success comes from
observing these patterns, testing strategies, and refining
them through practice. Trading is not just about
following a formula—it is also an art that requires
patience, discipline, and experience. By applying these
methods carefully, traders can gain an edge over others
and improve their financial outcomes. I will continue to
share my experiences over time to help you enhance
your trading journey and financial growth.
Similarly, in the above case of bearish trend we will short About the Author: The writer is a Fellow Member of ICMA, an ardent lover
when there is a break of the low of the pin bar, and the of financial astrology and the stock market, and has vast working
stop loss will be the high of the pin bar. experience in both local and international financial markets.
ICMA’s Chartered Management Accountant, Jul-Aug 2025 75