Pin Bar Reversals Strategy

Learn a Forex pin bar reversal strategy using price action. Enter on 38-55% retracements of the pin bar's range on Daily and 4-hour charts, with strict risk man

Published · Updated · Methodology: Price Action

Part of: Candlestick Patterns

  • Methodology: Price Action
  • Content type: strategy
  • Timeframes: Daily, 4-hour
  • Markets: Forex, AUD/JPY (Aussie Yen), Carry trades

Indicators used

  • Pin Bar
  • Inside Bar

Source video

Decoded from: Trading Pin Bar Reversals - Price Action Trading Strategy by Nial Fuller — watch the original

Key timestamps:

  • 0:40 - Introduction to trading pin bars on AUD/JPY
  • 1:40 - Identifying obvious pin bars
  • 2:40 - Identifying other tradable pin bars
  • 3:40 - Entry method: 50% or 38% pullback of the pin bar
  • 4:50 - Example of 50% retracement entry and risk-reward
  • 6:00 - Second example of 50% retracement entry
  • 7:00 - Risk management: moving to breakeven
  • 7:40 - Stop loss placement for pin bars
  • 8:10 - Adapting stop loss based on instrument and volatility

Strategy overview

A pin bar is a single candle whose long tail shows price pushing into a level and being rejected, leaving the close back near the open. This entry decodes "Trading Pin Bar Reversals - Price Action Trading Strategy" by Nial Fuller, one of the longest-running price action educators in retail forex, whose teaching has always sat at the opposite end of the spectrum from indicator-heavy systems: bare charts, higher timeframes, and a small vocabulary of candle formations read in context.

What separates this video from a generic pattern tutorial is where it spends its runtime. Only the opening minutes go to identification — first the obvious pin bars almost anyone would circle, then the less clean ones that still qualify. The bulk of the video is about entry location: rather than buying or selling the moment the candle closes, Fuller works through waiting for price to pull back into the pin bar's own range before committing, and then walks two AUD/JPY examples end to end to show how that patience changes the risk-to-reward picture on the same signal.

The supporting context matters too. This version is framed on the daily and 4-hour charts rather than intraday, which means far fewer signals and more weight on each one, and the inside bar appears alongside the pin bar as a companion formation rather than a separate setup. Pin bars are also entirely context-dependent — the same candle means very different things at a well-tested level than in the middle of a range — which is why the source video teaches through worked chart examples instead of a checklist. This page catalogs the strategy as presented in that video.

Topics

pin bar strategy · price action · forex strategy · trading strategy · daily timeframe strategy · 4-hour trading strategy · aud/jpy strategy · reversal trading strategy · inside bar strategy · tradingview strategy · pine script · pin bar reversal strategy forex

Frequently asked questions

What is a pin bar in trading?

A pin bar is a candlestick with a long tail (or wick) and a small body, where the tail shows price moving into a level and being rejected. Traders read the direction opposite the tail as the likely direction of the next move.

What timeframes does this pin bar approach use?

This version is presented on the daily and 4-hour charts rather than intraday. Higher timeframes produce fewer pin bar signals but give each candle more weight, which fits the swing-oriented style of the source video.

What is the difference between a pin bar and an inside bar?

A pin bar is a rejection candle defined by its long tail; an inside bar is a candle whose entire range sits inside the previous candle's range, signalling consolidation. The source video treats the inside bar as a companion formation that can appear in conjunction with a pin bar rather than as a separate strategy.

Why do many traders wait instead of entering on the pin bar close?

Entering at the close means the stop distance covers the full candle, which on a large pin bar can be a wide risk. The video's emphasis is on entry location — using a pullback into the pin bar's range to tighten that distance — and it illustrates the difference with AUD/JPY examples. Strategy Decoder catalogs the structure of strategies like this one from video sources so you can evaluate them on TradingView.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,229 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

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