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
Order triggered. miscalculation on limit, should be 9311, risk/reward 4/1
ReplyDeleteWas stopped out of this one today
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