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.
Tuesday, 21 October 2014
USD/JPY Analysis
Bullish pinbar on the daily and weekly timeframes, previous swing point holds today, retraced 38.2 fib but looking bullish to climb higher
Order to go LONG as per below:
STOP: 10618
ENTRY: 10662
LIMIT: 10772
RISK/REWARD: 3/1
Didn't retrace enough for order go trigger. Now moving higher. Order cancelled
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