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.
Tuesday, 28 August 2012
EUR/JPY Analysis
The level which rejected last time at 9828 is still holding and there is another false break today along with a pinbar candle. 8ema also rejected again
Order to go long:
STOP: 9823
ENTRY: 9890
LIMIT: 10091
RISK/REWARD: 3/1
GBP/USD Analysis
Pinbar candle developed on the daily timeframe
With the trend
Pinbar candle developed on a pullback
Rejection of 15770 horizontal level
Rejection of 8ema
Moving averages diverging
ORDER to go LONG:
STOP: 15746
ENTRY: 15793
LIMIT: 15958
RISK/REWARD: 3.5/1
Monday, 27 August 2012
EUR/JPY Analysis
Inside bars on the daily timeframe with a false break below the mother bar
Current trend up on daily timeframe
Rejection of 8ema
MA's crossed up
9822 support holds
Have entered long at 9855
STOP: 9790
LIMIT: 10050
RISK/REWARD: 3/1
Wednesday, 22 August 2012
AUD/USD Analysis
Pinbar candle formed on daily timeframe
Inside bars (ideal to break 10527 but risk reward would be too low)
Moving averages still crossed up
Rejected 10446 support 4 times
Rejected 21ema 4 times
With trend
Order to go long:
STOP: 10405
ENTRY: 10463
LIMIT: 10637
RISK/REWARD: 3/1
Thursday, 2 August 2012
CHF/JPY Analysis
Bearish pinbar candle on daily
Rejection 21ema
Rejection 8059 level
Trend down
Moving averages crossed down
False break of previous 3 days inside bars
Order to go short:
STOP: 8062
ENTRY: 7979
LIMIT: 7813
RISK/REWARD: 2/1
EUR/USD Analysis
Large pinbar candle on daily
Rejection of 21 ema and 12335 level
With trend - down
Moving averages still crossed lower
4 hour timeframe still supports 12335 level
Weekly still bearish
Order to go short on a 50% retrace:
STOP: 12378
ENTRY: 12252
LIMIT: 12063
RISK/REWARD: 1.5/1
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