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.
Thursday, 29 November 2012
Silver Analysis
Big bullish candle developed on daily timeframe
Rejection of 21 ema
Rejection of 33.48 support
Trend up
Pinbar candle developed pullback
Order to go long:
STOP: 32.84
ENTRY: 33.47
LIMIT: 35.05
RISK/REWARD: 2.5/1
Wednesday, 21 November 2012
GBP/CHF Analysis
Daily timeframe has thrown a large bearish timeframe
Trend down
Rejection of 21 ema dynamic support
Moving averages crossed and pointing down
Order to go short on break of 19th nov candle
STOP: 15002 (61.8 retrace of 19th Nov candle)
ENTRY: 14939
LIMIT: 14813
RISK/REWARD: 2/1
Tuesday, 13 November 2012
NZD/USD Analysis
Pinbar candle on daily timeframe, bearish
Rejection of 8 and 21ema
Candle developed on pullback
Moving Averages crossed down
Order as below:
STOP: 8207
ENTRY: 8178
LIMIT: 8120
RISK/REWARD: 2/1
Wednesday, 7 November 2012
USD/JPY Analysis
Large pinbar candle on daily
Rejection off 8ema
Moving averages crossed and pointing higher
Trend up
Weekly and monthly charts bullish
Order to go long on pullback:
STOP: 7989
ENTRY: 8019
LIMIT: 8229
RISK/REWARD: 7/1
GBP/JPY Analysis
Pinbar on daily timeframe
With trend
Moving averages still crossed higher
Bounce off 12809 horizontal support
Rejection of 21 ema
Weekly/montly charts bullish
Order to go long on pullback
STOP: 12777
ENTRY: 12827
LIMIT: 13027
RISK/REWARD: 4/1
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