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.
Monday, 27 February 2012
NZD/USD Analysis
Bullish formed candle on daily timeframe Bounce off 8ema and support Moving averages pointing up
Went up nicely this morning but a big drop this afternoon has formed a bearish candle which looks to be off resistance. I'll be looking to exit the trade on a retrace nearer to b/e
Order triggered
ReplyDeleteWent up nicely this morning but a big drop this afternoon has formed a bearish candle which looks to be off resistance. I'll be looking to exit the trade on a retrace nearer to b/e
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