Trading Analysis based purely on Price Action as taught by Nial Fuller at www.learntotradethemarket.com. All I post here are setups which i see fit to trade win or lose.
Thursday, 25 March 2010
Possible FTSE Trade
This is on the 30min chart and one technique i use on the daily chart normally as a swing trade
Waiting for 7.30pm for the next candle but a long position could be on if the green candle stays above 30ema. Trend is still strong
3rd candle failed to be bullish so this is a no go
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