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.
Monday, 5 May 2014
AUD/USD Analysis
Bullish pinbar candle on the daily timeframe, off 9204 support, trend is up, 38.2 retrace of 3rd march low.
Order to LONG as per below:
STOP: 9195
ENTRY: 9240
LIMIT: 9420
RISK/REWARD: 4/1
Didn't retrace enough, order cancelled.
ReplyDelete