AUDNZD

AUDNZDDaily-11-pazdziernika-2015-1024x501

On Friday I opened long position and I wrote about this setup in the morning. For now it brings 60 pips of profit with SL 40 pips.

EURAUD

EURAUDDaily-11-pazdziernika-2015-1024x501

Here I have active sell limit order on 50% retracement of big bearish Pin Bar (description of Price Action patterns in the end of this analysis). We just have to wait, although if price will go away for more than 2,5x Stop Loss I will cancel this position.

EURCAD

EURCADDaily-11-pazdziernika-2015-1024x501

Another position opened on Friday. Very nice Pin Bar candle on support, test of 50% retracement and I’m in.

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EURJPY

EURJPYDaily-11-pazdziernika-2015-1024x501

This pair attacked resistance on Friday. However bullish impulse is strong enough that we shouldn’t look for signals on H4 chart (what I unfortunately experienced last week). On H4 chart we play consistent with trend.

Now there are 2 possible signals:

  • Short on D1 chart after sell signal;
  • Long on H4/D1 if price will break resistance and then there will be correction and test of resistance from above.

GBPCAD

GBPCADH4-11-pazdziernika-2015-1024x501

After Thursday’s signal pair reached TP on Friday. It was Outside Bar and rebound of Inside Bar. SL 70 pips, TP more than 180. Unfortunately I didn’t opened this position.

GBPCHF

GBPCHFH4-11-pazdziernika-2015-1024x501

Another Take Profit on pair with pound. Rebound of Inside Bar, on Friday there was a test of 50% signal candle, quick drop to local low. SL was 50 pips.

GBPJPY

GBPJPYDaily-11-pazdziernika-2015-1024x501

I wrote about this pair on Friday and it wasn’t clear. I counted more on close above resistance and further gains, but there was sell signal. Currently we can see very nice bearish Pin Bar on resistance and we should open sell limit order on 50% retracement.

NZDUSD

NZDUSDDaily-11-pazdziernika-2015-1024x501

Pair is testing strong resistance level. If there will be sell signal we can consider short positions. If price will break resistance and close above it, we will look for long positions. Identical situation as on NZDJPY.

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

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