I will test all new position management options right now. My signals will not change, it will be the same method as always. We will see if change is necessary or not.

AUDJPY

Buy signal on this pair. Price decreased after breaking the support and tested it from above. In this place Outside Bar formed. It is a buy signal, I will set buy limit on 50% retracement of signal candle.

AUDUSD

Aussie is getting close to very important resistance and what will happen on this level will be key factor of price behaviour in near time. Shorts are not possible (only if there will be really good D1 sell signal). The best scenario will be breaking the resistance, re-test from above and looking for longs.

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EURAUD

Another buy signal. We do not have to think about way of opening position because price went even lower than 50% of signal candle. We should only consider if we should enter the market against the trend. RR is high, so we can consider it.

EURUSD

Eurodollar gained yesterday and now is close to resistance area. It can be a chance to open shorts because trend is clearly bearish. I will watch both H4 and D1 charts looking for Price Action signals.

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

GBPUSD

Yesterday I wrote about Outside Bar on Cable and three possible scenarios, but something totally unexpected happened – break above and below and then close in mother candle range, so I didn’t opened position. We can see a little change of sentiment on bullish and if during re-test of earlier resistance (now a support) there will be any clear buy signal, I will consider going long.

USDCAD

Position opened here. As you can see even sell limit order on 50% retracement would be opened and SL would be 2x smaller. We’ll see what will happen later.