Another cool strategy with a cool name. The ones that I like... the one which focuses on pure price action rather than running after all types of indicators. Well, the strategy do use indicators but they are leading indicators. For those who do not know, leading indicators are trendlines, fibo levels etc. Take the time to learn and master this strategy. You will definitely find it very useful and will add it to your trading toolbox. Download the file to read about the whole strategy. Here is a little snip from the article...

The technique I will describe below is a great opportunity to jump in a trade. The set of rules that I describe can be used as a Forex system. I have heard many names for this technique with the most successful one called the "Pinball Trade". It is the first system I learned and applied successfully during my long trip in Forex research. Experiment with it and see the results on your own. For now let's see how this system is applied.