A new day and it has come with lot of positivity. I had an eye on GPB/USD pair as it was the pair which was just stagnant and did not move at all. There was no follow through on selling and the pair ended up bottoming out at 1.6225. Moreover the pair formed a pin bar on daily and 4 hour chart. The price clearly got rejected at 1.6225 which has previously acted as a good support. All this pointed towards  price break towards the upside. I just played it like a classic pin bar setup , and just place a pending buy order at 1.6265. And while I was sleeping, the trade got filled up and with UK PMI coming positive, the pair rallied nearly 150pips, and I got out with 120 pips with more than 2 times the reward for the money risked.

Here is the snapshot

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We can clearly see at pin bar at the above 4 HR chart. The same can be seen at Daily chart below

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I manually closed the trade at 1.6485 as I got little impatient.

Trading Result: Bought GBPUSD at 1.6265 with initial stop at 1.6210. Closed manually at 1.6385 with 120 pips and gain of 4.43%

PS: I closed the limit order of AUD/USD pair ( glad I did Smile ) after noticing a huge bear momentum in 4 hr and daily chart.

PS: Wish I hade gone by my gut feeling and bought EUR/USD as pointed out in yesterdays trade. Anyways there is always a next time.