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.
Wednesday, 26 September 2012
EUR/CAD Analysis
Bullish pinbar on daily timeframe
Rejection of 8ema
Moving Averages still diverged and pointing up
Trend still up
Pinbar candle on pullback
Order as per below:
STOP: 12601
ENTRY: 12655 (38.2 retrace)
LIMIT: 12790
RISK/REWARD: 2.5/1
Wednesday, 19 September 2012
AUD/USD Analysis
2 bullish candles formed on daily timeframe
Off 21ema
10446 support holding
Trend up
Moving averages still crossed up
STOP: 10411
ENTRY: 10465 - 38.2 retrace
LIMIT: 10600
RISK/REWARD: 2.5/1
Tuesday, 18 September 2012
AUD/JPY Analysis
Bullish candle on the daily timeframe
Rejection of 8ema and 8222 horizontal level
Pinbar candle on a pullback
With the trend
Moving averages pointing up and crossed
4hour chart shows a bullish pin
Order to go long as per below:
STOP: 8171
ENTRY: 8213
LIMIT: 8339
RISK/REWARD: 3/1
Thursday, 13 September 2012
CHF/JPY Analysis
Pinbar candle formed on daily timeframe
Off 8231 support
Off 8 and 21ema
With trend
Moving averages pointing up
Swing points not broken
Order to go long:
STOP: 8198
ENTRY: 8268 (38.2 retrace of daily candle and at 8ema)
LIMIT: 8408
RISK/REWARD: 2/1
Thursday, 6 September 2012
EUR/JPY Analysis
Going back to the EUR/JPY order i placed yesterday, as per below chart, theres a nice break upwards.
You can also add a bit of elliott wave here, C wave up?
USD/CHF Analysis
Pinbar candle formed on daily timeframe
Rejection of 8ema on downtrend several times
Trend down
moving averages crossed down and still diverging
9616 area holding
Order on a 50% retrace of todays candle
STOP: 9603
ENTRY: 9556
LIMIT: 9425
RISK/REWARD: 3/1
Wednesday, 5 September 2012
EUR/JPY Analysis
As per the last post i was still looking to enter. A lot of sideways movement still. Looking to go long on the break of the 9901 support to break the range.
Order as per below:
STOP: 9836
ENTRY: 9908
LIMIT: 10052
RISK/REWARD: 2/1
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