Wednesday, September 4, 2013

Crude Oil Price Action: Pin Bar/Inside Bar Bullish Combo


Though I do not trade the news nor give much attention to it, but the possibility of a US military strike on Syria seemed inching one step closer to reality when a key US Senate panel approved a draft resolution allowing a 60-day military action in Syria that would be put to vote on Wednesday. Our chart also appears to be in-tune with that expectation following a Pin bar/Inside Bar Bullish Price Action Combo Setup on the daily time frame. If this Setup pulls off, expectation would for price to atleast hit the 111.00 Psychological resistance zone, as shown in the chart above.


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AUDUSD PRICE ACTION: Pin Bar/Inside Bar Combo Trade Setup Update


My Trade Commentary on the Aussie on 3rd September drew our attention to the Pin bar/Inside Bar Combo bullish setup on the pair. The Trade Room had gone Long based on the 4 hour breakout with our TP at the 0.9100 level which has been broken, leaving room for the pair possibly hitting the 0.9200 level.

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Tuesday, September 3, 2013

Trade Call: Buying NZDCAD Based on break of psychological resistance


This is an example of how I make entries as shown here in the buy Trade Call (buy Limit NZDCAD at 0.8205 SL 0.8107 TP 0.8393) posted to members of my Trade Room. Our expectation is for price to make an attempt to reach 0.8400 psychological resistance zone. This trade was made based on the bullish break noticed on the 4 hour time frame, also evident in the 123 bottom break on the daily time frame after the formation of a Pin bar on August 28.

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USDJPY PRICE ACTION: Closing Price Reversal / Inside Bar Combo, Pulls higher.


I drew attention to the combo Closing Price Reversal and Inside Bar Trade Setup on the USDJPY in my analysis of the pair, August 31. Price has since moved higher and looks set to hit the 100 Psychological level. A break would send prices further long into the 101 region. The Trade Room is long on this pair and our TP would be met at the touch of the 100 region.

Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.  

Forex Course Promo: 50% Price Reduction!!

I am glad to announce a Promotional offer of my Forex Price Action Course for the Months of September and October!


  Cost for my course drops from 
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In the Course, you would learn how to:


1. Map your charts drawing key Support/Resistance Lines
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4. How to spot a valid Trade Setup

5. How to make precise entries, Stop losses and Take Profits.
6. When to hold on to a trade and when not to.



For Registration contact me through any of the following:

Ahize

Tel: +2348037222562

Skype :christian.ahize

Twitter handle:@Ahize email: ahizechris@gmail.com

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AUDUSD PRICE ACTION: Pin Bar/Inside Bar Combo off Psychological support pulls higher.


We had a valid bullish setup on the Aussie after a Pin Bar Price Action Trade Setup was followed by an inside bar before the close of trading last week and with today's price moving slightly higher, it resulted in a bullish breakout on the 4 hour time frame validating the combo setup. Despite the fact that the major trend is yet bearish, price is expected to at-least make a dash towards Psychological resistance at about 0.9100 from where it is expected that the bears would get back in on the pair. But if it breaks instead, that would leave the door open for 0.9200.

Subscribe to my Trade Room or my Mentor Programme or my Price Action Course to experience the simplicity of trading Price Action with me.  

Monday, September 2, 2013

GBPJPY PRICE ACTION: Closing price Reversal Update.


When I ran a commentary on this pair August 29, I did point out that the pair was expected to remain bullish and expected to aim towards 154 - 155 resistance zone. Price has now got there.

Subscribe to my Trade Room or my Mentor Programme or my Price Action Course to experience the simplicity of trading Price Action with me.