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, 31 October 2013
AUD/USD Analysis
Bearish Pinbar candle on the daily timeframe,
Weekly turned down too,
9529 support holds,
Moving averages close to crossing,
Other USD pairs showing bearish signs,
Order to go short as per below:
STOP: 9531
ENTRY: 9487
LIMIT: 9331
RISK/REWARD: 4.5/1
Thursday, 17 October 2013
GBP/CHF Analysis
Bullish pinbar candle on the daily timeframe,
Previous resistance at 14512 now strong support after several rejections,
overall trend is up,
nice pinbar candles on the 4hr timeframe backup move up,
Near term resistance at 14584 could be a stumbling block but it doesnt look like a key level to me.
Order to go LONG as per below:
STOP: 14506
ENTRY: 14566
LIMIT: 14732
RISK/REWARD: 4/1
Tuesday, 8 October 2013
NZD/JPY Analysis
Tuesday, 1 October 2013
EUR/JPY Analysis
Wednesday, 25 September 2013
AUD/CAD Analysis
Tuesday, 10 September 2013
EUR/USD Analysis
1)Bullish pinbar candle on the daily timeframe
2)Swing point of downward move broken
3)Trend back up, backed up by bullish weekly candle for last week
4)Rejection of 13230 support
5)50% retrace from 20th Aug high to 9th July low
Order to go long on 50% retrace:
STOP: 13223
ENTRY: 13252
LIMIT: 13413
RISK/REWARD: 7/1
Thursday, 22 August 2013
EUR/USD Analysis
Bullish pinbar candle has formed on the daily timeframe.
Rejection of 21ema and 8ema.
13344 support held.
Trend is strong and still up
4 hour chart shows a strong bullish candle as well.
Moving averages still crossed over and diverging.
Order to go long on a 50% retrace of the daily pinbar candle
STOP: 13291
ENTRY: 13335
LIMIT: 13467
RISK/REWARD: Theres strong resistance ahead at 13392 which might cause a problem. But considering the strength of the euro today i'm going to take a risk here looking for it to break and hold. So i'm going for 3/1.
Tuesday, 30 July 2013
EUR/JPY Analysis
- Bearish Pinbar candle formed on the Daily timeframe.
- Off 13056ish support which has been a good event area in the past (see blue circles on chart).
- Swing point broken.
- Inside bar formation
- Trend down, confirmed on 1 and 4 hour.
- Moving averages turned down though not crossed yet.
Order to go SHORT on 50% retrace of the daily candle
STOP: 13056
ENTRY: 13012
LIMIT: 12858
RISK/REWARD: 3.5/1
Sunday, 14 July 2013
EUR/USD Analysis
Slightly risker trade on the daily timeframe
- Bullish type pinbar candle on the Daily timeframe
- Swing point broken
- Coming towards top of the trading range but not thre yet
- 12977 support area has been an even area in the past and rejected this area on Friday
- Short term trend is up
- Moving averages have turned up
Order to go LONG
STOP: 12992
ENTRY: 13049 - 50% retrace
LIMIT: 13163
RISK/REWARD: 2/1
Thursday, 11 July 2013
CAD/JPY Analysis
Having another go at this after the bullish pinbar candle that developed on the daily timeframe today.
Trend is still up
Rejected the same area as the 2/3 July pinbars
Todays pinbar formed in between 8 and 21 ema
Couple of nice pinbars on the 4hr timeframe
Daily pinbar created on a pullback.
Order to go long:
STOP: 9438
ENTRY: 9512
LIMIT: 9660
RISK/REWARD: 2/1
Wednesday, 3 July 2013
CAD/JPY Analysis
Pinbar candle on the daily timeframe
94.18 level acting as a good support level and has previously been resistance too
Trend has turned up, moving averages close to turning up.
Previous swing point broken and held today
Order to go long on a 50% retrace of the pinbar candle
STOP: 9412
ENTRY: 9488
LIMIT: 9663
RISK/REWARD: 2.5/1
Tuesday, 11 June 2013
USD/CAD Analysis
Bearish pinbar on the daily timeframe
Current Trend down
Rejection of 8ema
Moving Averages crossed down
We seem to be moving in a sideways fashion on the weekly and monthly timeframes and we are at the upper end of the horizontal zone
STOP: 10256
ENTRY: 10212 (50% retrace)
LIMIT: 10098
RISK/REWARD: 3/1
Monday, 13 May 2013
USD/CAD Analysis
Wednesday, 6 March 2013
NZD/USD Analysis
Thursday, 21 February 2013
GBP/USD Analysis
Various support seen on weekly timeframe
Price has moved quite far from the moving averages on the daily timeframe so needs a pullback to this area
Looking for a 38.2% retrace on todays daily candle for entry
STOP: 15117
ENTRY: 15217
LIMIT: 15417
RISK/REWARD: 2/1
Countertrend pinbar candle on the daily timeframe
Thursday, 14 February 2013
EUR/CAD Analysis
Big breakdown today as per the previous analysis. It didnt retrace enough for my trade to trigger such was the force down.
I dont look at Elliott wave in much detail these days but you can see something that relates if you look at the higher timeframes
If you look at the monthly chart, you can see a clear 5 waves down, an A wave up and this is likely to be the B wave down
EUR/CAD Analysis
This trade is setup where the trend looks to have turned down
Two bearish pinbar candles have formed on the daily timeframe
Rejection of the 13492 area, previous swing area
61.8% retrace of 1st Feb high
Only concern is 21ema held
Order to go short on 38.2 retrace of previous days candle
STOP: 13575
ENTRY: 13496
LIMIT: 13259
RISK/REWARD: 3/1
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