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
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