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, 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
Stopped out, but looking to re-enter. Will post again if i do
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