Sunday, April 21, 2013

USDCAD Price Action: The Week Ahead 21st -26th April, 2013

 The weekly ended with a Pivot bottom price Action Setup. This points to re-newed bullishness but there has to be a break of the resistance just above at about 1.0284 for that to happen. On the contrary, if this resistance fails to give way, we shall have a resumption of a down trend.

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Saturday, April 20, 2013

Fakey With Pin Price Action Video on GBPUSD 20/04/2013

Watch My Latest Price Action Video (Fakey with Pin Trade Setup on GBPUSD 19/04/2013)

USDJPY Price Action: Closing Price Reversal Setup, pulls off, Hits Resistance. April 20, 2013

 It remains to be seen if we will get a break of this resistance zone. The Trade Room did take a handsome 138pips from this setup.

This is the Link to my Online Price Action School. Registration for the first batch of Students is ongoing.

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NZDUSD Price Action: Pin Bar Trade Setup, April 20, 2013.

 There is Pin Bar Trade Setup off the Dynamic/Horizontal Resistances on the daily Chart of the pair. This is inline still with the previous Closing Price Reversal Setup analysis on the 18th April. Further bearishness is expected.

This is the Link to my Online Price Action School. Registration for the first batch of Students is ongoing.

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AUDUSD Price Action: Pin Bar Trade Setup, April 20, 2013.

I recommended selling this pair at the time I analyzed the Closing price Reversal Setup on April 17th and my bias on it remains unchanged still. In-fact the Pin Bar Trade Setup on it now should entice more sellers into sending prices lower.

This is the Link to my Online Price Action School. Registration for the first batch of Students is ongoing.

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GBPUSD Price Action: Closing Price Reversal Trade Setup, April 20, 2013.

At my previous commentary on the pair, I advised being a bit more patient to ascertain its true direction. Now, GBPUSD has made a failed attempt at going long, following the inside Bar Trade Setup of the 18th April. A Fakey with Pin Price Action Trade setup ensures which closes below the previous support which should now act as resistance in sending the pair lower.

This is the Link to my Online Price Action School. Registration for the first batch of Students is ongoing.

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USDCHF Price Action: Minor Fakey With Pin Trade Setup, April 20, 2013.

 Following the Closing Price Reversal Price Action Setup Which was Spotted on the chart 2 days ago, a Minor Fakey with Pin Price Action Trade Setup appears, complimenting the previous Trade Setup. If price manages to remain buoyant and break above the near resistance at about 0.9370, It should then make a dash towards the recent highs.

This is the Link to my Online Price Action School. Registration for the first batch of Students is ongoing.

CLICK HERE