Very interesting time for the system – 20% profit from closed positions and balance is back to highs from last year. Let’s start:

AUDJPY

After a signal from beginning of March, finally position was closed yesterday on Take Profit, bringing 250 pips of profit and about 70 pips of Stop Loss. Right after reaching TP pair started to fall but it was not an opportunity to open shorts unless really clear sell signal on D1. Probably I will wait for another test of support and look for a chance to open longs.

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

AUDJPYH4-3-15-2016-1024x500

EURAUD

Take Proft reached on this pair too. Here I have to admit that I had some luck because TP was just 10 pips above low after which it started to increase.

EURAUDDaily-3-15-2016-1024x500

EURJPY

There could be long signal on this pair. Big candle which tested support (earlier resistance). Now there is big decrease and break below, what caused that Inside Bar didn’t formed.

EURJPYH4-3-15-2016-1024x500

GBPJPY

Another Take Profit which brought +15% profit on account balance. After Inside Bar buy signal in form of false break below showed up and I opened longs. We didn’t have to wait long for Take Profit, 400 pips in comparison with 50 pips of SL gave us huge profit. Now we just have to wait for further situation on this pair.

GBPJPYH4-3-15-2016-1024x500

GBPUSD

Interesting situation on Cable. Inside Bar is fully developed, Monday’s session closed in the one before it and tested resistance. If today’s candle will break below we can consider shorts.

YOU CAN START USING PRICE ACTION AND INVEST ON FOREX MARKET USING FREE XM BROKER ACCOUNT.

GBPUSDDaily-3-15-2016-1024x500

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Comparic.com Editor-in-Chief. Trading since 2004, professionally connected with Forex market since 2006. Fan of technical approach to the markets – currently focuses on Ichimoku Kinko Hyo and Price Action strategies. He focuses on favorable risk-reward ratio in his own transactions. Speaker at many conferences on investment in capital markets, as a lecturer he cooperates with the largest brokerages in Poland and in the world. Vice President of the FxCuffs Foundation – Education and Development of Financial Markets.