Today I present only two pairs, but both of them gave signals. I hope they were give some profit.

AUDUSD

Yesterday there was test of resistance and possibility to open shorts. Session ended with strong rejection of resistance and today’s candle confirms it so far. Yesterday’s D1 candle looks like Pin Bar however body is quite big and bullish. This is why it is not clear signal, however today’s confirmation strengthen it so I open shorts with 50 pips of SL and TP of 250.

If you are interested in Price Action Strategy description, you can read it here.

AUDUSDDaily-8-11-2016

EURAUD

This is another pair I looked into. Inside Bar showed up. Price broke below it and came back to its range, it is clear buy signal. However it was in the middle of night and I don’t trade then. Fortunately there was a decrease so position would end with Stop Loss. Now I open longs position securing it below today’s candle low with target below last resistance. SL: 80 pips. TP: 400 pips.

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EURAUDDaily-8-11-2016

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