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.
Wednesday, 20 June 2012
USD/CAD Analysis
Bearish candle on daily timeframe
With trend
Moving avergaes crossed and pointing down
Support held at 10212
Bearish candles also on 4hr timeframe
Order to short:
STOP: 10236
ENTRY: 10194
LIMIT: 10026
RISK/REWARD: 3/1
Thursday, 7 June 2012
USD/CAD Analysis
Wednesday, 6 June 2012
EUR/GBP Analysis
GBP/CHF Analysis
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
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