How To Deal With A Counter Trend Signal to Our Trade

price action counter trend trade pin bar key level 2ndskiesforex.com

Recently I got a question from a newer student asking the following;

“Right now I’m short this pair. It’s in profit, but it just formed a pin bar against my trade before I hit my profit target. What should I do?”

This is a common question I get about what to do when you see a price action signal that is counter to your trade. The question by itself actually tells me a lot about the student and where they are at in their process (beginning, middle or more advanced).

My response was similar to the following;

“It is important to understand we are not pattern traders. We are price action traders. Being a pattern trader, as in trading pin …

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