AUDNZD
About Inside Bar on this pair I wrote yesterday. The price didn’t behave like I expected because it came back to range of mother’s candle. If it wasn’t below resistance I would open long position. In this case we have to wait.
AUDUSD
Aussie gave yesterday sell signal. There was a test of earlier support (now resistance) and Pin Bar showed up. On 50% retracement I set sell limit order and position was just opened. Stop Loss is 15 pips and the target is over 100 pips.
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EURAUD
I still have active buy limit order on 50% retracement of big Pin Bar candle. For now price didn’t went away for more than 2,5x SL, so order is still active.
If you are interested in Price Action Strategy description, you can read it here.
EURUSD
On EURUSD I still wait for bigger bullish correction so I can open short position after test of earlier support.
GBPCHF
Long positon was opened here. After a signal on Friday price dropped and order was being activated.
GBPUSD
On Cable we can see Inside Bar setup and now we just have to wait for a breakout. There can be two sell signals:
Break below and close of day below mother candle. Then I will set sell limit order on 50% retracement of breaking candle and SL above.
Break above and quick coming back to range of mother candle. Then opening position with market price and secure of position above top of breaking candle.
