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.
Wednesday, 28 December 2011
NZD/USD Analysis
Bearish Pinbar Candle on Daily Timeframe Bounce off nearby support Trend clearly down Other USD pairs bearish No obvious resistance until low 7500s False break of 21st Dec candle
Decided to cancel the trade, didnt like the bullish candle formed on this chart and all USD charts
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