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.
Thursday, 7 June 2012
USD/CAD Analysis
Large pinbar on the daily timeframe
- Bounce off 21ema
- 10266 support holds
- Trend up
- Swing point and short term support at 10212 holds
Order to go long as per below:
STOP: 10203
ENTRY: 10252
LIMIT: 10381
RISK/REWARD: 3/1
Order cancelled as high broken
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