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, 28 May 2012
EUR/USD Analysis
Bearish candle formed on the daily timeframe
Off 12626 support
Moving Averages still pointing down and diverged
No clear resistance below until 11800's
Order to short on break of low
STOP: 12603
ENTRY: 12503
LIMIT: 12003
RISK/REWARD: 5/1
order triggered today
ReplyDeleteStop moved to 12539
ReplyDeleteMissed out on a 200 pointer. Closed half at 140pips and the rest stopped at b/e.
ReplyDelete