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, 28 May 2012
EUR/USD Analysis
Bearish candle formed on the daily timeframe
Off 12626 support
Moving Averages still pointing down and diverged
No clear resistance below until 11800's
Order to short on break of low
STOP: 12603
ENTRY: 12503
LIMIT: 12003
RISK/REWARD: 5/1
EUR/JPY Analysis
The euro continues to slide and there have been opportunities to get on the ride down. The current one is a inside bar formation on the daily timeframe. It is currently with a very strong trend, moving averages are pointing down and diverged. Enter to go short as per below:
STOP: 9979
ENTRY: 9936
LIMIT: 9736
RISK/REWARD: 5/1
Thursday, 3 May 2012
GBP/JPY Analysis
Order to go short on break of mother bar candle low:
- Bearish candle on daily timeframe
- Inside bars, both bearish
- Rejection off 130.61 level
- Moving averages pointing down
STOP: 13026
ENTRY: 12934
LIMIT: 12750
RISK/REWARD: 2/1
Wednesday, 2 May 2012
USD/CAD Analysis
Bearish candle on daily
Rejection of 21ema and 8ema
Trend down
Moving averages still down
4hr chart shows rejection of 9892 area
Order to go short on a 50% retrace of daily candle:
STOP: 9907
ENTRY: 9874
LIMIT: 9775
RISK/REWARD: 3/1
Wednesday, 25 April 2012
GBP/CHF Analysis
Bullish pinbar candle on daily timeframe
Off support at 14619
Rejection off 8ema
Trend up
Moving Averages pointing up
Order as per below, one cancels the other
STOP:
50% retrace of candle: 14607
Break of pin bar high: 14652
ENTRY:
50% retrace of candle: 14664
Break of pin bar high: 14721
LIMIT:
50% retrace of candle: 14835
Break of pin bar high: 14859
RISK/REWARD:
50% retrace of candle: 3/1
Break of pin bar high: 2/1
Tuesday, 24 April 2012
GBP/JPY Analysis
Bullish formation on the daily timeframe
Inside bars
Pin bar candle
Rejection off 8ema
With trend
All JPY pairs looking weak
Will enter on break of mother bar candle
STOP: 13077
ENTRY: 13176
LIMIT: 13326
RISK/REWARD: 1.5/1
Wednesday, 18 April 2012
NZD/JPY Analysis
Bearish candle on the daily timeframe
Rejection of 21ema
Moving Averages pointing down
66.54 rejected level
Order as per below:
OCO (one cancels other)
STOP - Break of pinbar low: 6662 (61.8 retrace)
STOP - 50% retrace of candle: 6699
ENTRY: Break of pinbar low: 6610
ENTRY: 50% retrace of candle: 6654
LIMIT: Break of pinbar low: 6454
LIMIT: 50% retrace of candle: 6474
Break of pin rish reward: 3/1
50% retrace of candle: 4/1
Rejection of 21ema
Moving Averages pointing down
66.54 rejected level
Order as per below:
OCO (one cancels other)
STOP - Break of pinbar low: 6662 (61.8 retrace)
STOP - 50% retrace of candle: 6699
ENTRY: Break of pinbar low: 6610
ENTRY: 50% retrace of candle: 6654
LIMIT: Break of pinbar low: 6454
LIMIT: 50% retrace of candle: 6474
Break of pin rish reward: 3/1
50% retrace of candle: 4/1
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