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, 25 April 2012
GBP/CHF Analysis
Bullish pinbar candle on daily timeframe
Off support at 14619
Rejection off 8ema
Trend up
Moving Averages pointing up
Order as per below, one cancels the other
STOP:
50% retrace of candle: 14607
Break of pin bar high: 14652
ENTRY:
50% retrace of candle: 14664
Break of pin bar high: 14721
LIMIT:
50% retrace of candle: 14835
Break of pin bar high: 14859
RISK/REWARD:
50% retrace of candle: 3/1
Break of pin bar high: 2/1
Tuesday, 24 April 2012
GBP/JPY Analysis
Bullish formation on the daily timeframe
Inside bars
Pin bar candle
Rejection off 8ema
With trend
All JPY pairs looking weak
Will enter on break of mother bar candle
STOP: 13077
ENTRY: 13176
LIMIT: 13326
RISK/REWARD: 1.5/1
Wednesday, 18 April 2012
NZD/JPY Analysis
Bearish candle on the daily timeframe
Rejection of 21ema
Moving Averages pointing down
66.54 rejected level
Order as per below:
OCO (one cancels other)
STOP - Break of pinbar low: 6662 (61.8 retrace)
STOP - 50% retrace of candle: 6699
ENTRY: Break of pinbar low: 6610
ENTRY: 50% retrace of candle: 6654
LIMIT: Break of pinbar low: 6454
LIMIT: 50% retrace of candle: 6474
Break of pin rish reward: 3/1
50% retrace of candle: 4/1
Rejection of 21ema
Moving Averages pointing down
66.54 rejected level
Order as per below:
OCO (one cancels other)
STOP - Break of pinbar low: 6662 (61.8 retrace)
STOP - 50% retrace of candle: 6699
ENTRY: Break of pinbar low: 6610
ENTRY: 50% retrace of candle: 6654
LIMIT: Break of pinbar low: 6454
LIMIT: 50% retrace of candle: 6474
Break of pin rish reward: 3/1
50% retrace of candle: 4/1
Wednesday, 11 April 2012
AUD/USD Analysis
Thursday, 5 April 2012
AUD/USD Analysis
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