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, 26 March 2012
USD/CHF Analysis
Bearish candle on the daily timeframe
Bounce off support which was previous resistance Moving Averages pointing down Moving averages diverging lower Trend down
After moving sideways for several and holding 8ema support, news of the FOMC minutes caused big dollar strength and now im on the wrong side of this trade after it was looking good. Am looking to get out nearest to b/e as possible.
Order triggered
ReplyDeleteAfter moving sideways for several and holding 8ema support, news of the FOMC minutes caused big dollar strength and now im on the wrong side of this trade after it was looking good. Am looking to get out nearest to b/e as possible.
ReplyDeleteWas stopped out
ReplyDelete