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.
Tuesday, 14 February 2012
GBP/JPY Analysis
Strong move up on the daily timeframe.
- Big bullish candle - Moving averages pointing up - Trend up
Looking to go long on a 50% retrace of the daily candle.
Missed the boat big time by 19pips. Rocketed today
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