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.
Sunday, 29 July 2012
GBP/CHF Analysis
Pinbar on daily
38.2 retrace of 29th June low
With trend
Rejection on 21 ema and 15246 level
MA's still wide
STOP: 15244
ENTRY: 15339
LIMIT: 15482
RISK/REWARD: 1.5/1
Tuesday, 10 July 2012
AUD/CAD Analysis
Bullish signals on the daily timeframe
- Bullish candle
- Three candle swing
- Rejecting 8ema
- Rejecting 10397 support
- With trend
- Moving Averages pointing up and diverged
- Weekly timeframe is bullish.
Order to go long:
STOP: 10366
ENTRY: 10399
LIMIT: 10498
RISK/REWARD: 3/1
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