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
Have cancelled the order, too much sideways movement. Market seems indecisive.
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