Tuesday, January 31, 2017

31.01.2017 - CADCHF D1 - Trading With Price Action

Pair: CADCHF (5 candle - New York close)
Entry: trend trading with pin bar - sell limit order
Exit: 0.75284

In the D1 CADCHF chart below, we can see a bearish pin bar sell signal that formed at long-term key level yesterday. I went short at 50% retracement of this pin bar's length. I see the potential for downside movement into 0.7535 - 0.7525 area. As always, trade at your own risk.

31.01.2017 - CADCHF D1 - Trading With Price Action
31.01.2017 - CADCHF D1 - Trading With Price Action

Friday, January 27, 2017

27.01.2017 - USDSGD W1 - Trading With Price Action

Pair: USDSGD W1 (5 candle - New York close)
Entry: trend trading with pin bar - pending buy limit order
Exit: 1.4364

In the W1 USDSGD chart below, we can see a bullish pin bar buy signal that formed at long-term key level last week. I am looking to get long at any retracement of this pin bar's length. I see the potential for upside movement into 1.4350 - 1.4370 area. As always, trade at your own risk.

27.01.2017 - USDSGD W1 - Trading With Price Action

Monday, January 23, 2017

23.01.2017 - USDCAD D1 - Trading With Price Action

Pair: USDCAD D1 (5 candle - New York close)
Entry: trend trading with pin bar - pending sell limit order
Exit: 1.31844

In the D1 USDCAD chart below,  we can see a bearish pin bar sell signal that formed at short-term key level yesterday. I am looking to get short at any retracement of this pin bar's length. I see the potential for downside movement into 1.3190 - 1.3180 area. As always, trade at your own risk.

23.01.2017 - USDCAD D1 - Trading With Price Action
23.01.2017 - USDCAD D1 - Trading With Price Action

Monday, January 16, 2017

16.01.2017 - NZDCHF H4 - Trading With Price Action

Pair: NZDCHF H4 (5 candle - New York close)
Entry: counter-trend trading with pin bar - pending sell limit order
Exit: 0.7140

In the H4 NZDCHF chart below,  we can see a bearish pin bar sell signal that formed at short-term key level today. I am looking to get short at 50% retracement of this pin bar's length. I see the potential for downside (counter-trend) movement into 0.7135 - 0.7145 area. As always, trade at your own risk.

16.01.2017 - NZDCHF H4 - Trading With Price Action
16.01.2017 - NZDCHF H4 - Trading With Price Action

Thursday, January 12, 2017

12.01.2017 - GBPCAD D1 - Trading With Price Action

Pair: GBPCAD D1 (5 candle - New York close)
Entry: counter-trend trading with pin bar
Exit: 1.6350 - 1.6400

Over the last two weeks, GBPCAD has bounced up after running into a key long-term support level at 1.6000. 
We can see a daily bullish pin bar buy signal that formed at that key level yesterday. Even though this is not an ideal pin bar, I am looking to get long at 50% retracement of this pin bar's length. I see the potential for upside (counter-trend) movement into 1.6350 - 1.6400 area. As always, trade at your own risk.

12.01.2017 - Trade: GBPCAD D1 - Trading With Price Action
12.01.2017 - Trade: GBPCAD D1 - Trading With Price Action

Wednesday, January 4, 2017

04.01.2017 - Trade: WTI Crude Oil D1 - Trading With Price Action

Pair: WTI Crude Oil Timeframe: D1 (5 candle - New York close)
Indicators: none
Trend: bullish
Entry:  pullback to a significant level
Exit: W1 key level
04.01.2017 - Trade: WTI Crude Oil D1 - Trading With Price Action
04.01.2017 - Trade: WTI Crude Oil D1 - Trading With Price Action