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.
Sunday, 29 January 2012
AUD/CAD Analysis
Daily timeframe - we're sitting on big resistance, if this breaks, theres no resistancer anywhere so the skys the limit.
- Nice set on inside bars sitting on this resistance at 10662 - Trend up and strong - Moving Averages still pointing up - Order to go long if mother candle of inside bar breaks up
Order cancelled, inside bars broke down
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