AUDNZD

Pair, which is in long term bearish trend, is currently in strong bullish correction. Price is close to strong resistance. If now there will be any Price Action sell signal (only on D1 chart because momentum is too strong) you can consider opening short positions.

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

AUDNZDDaily-5-listopada-2015-1024x501

EURAUD

I wrote about this pair yesterday. There was buy signal on H4 chart, which I used to open long position. However one of the followers pointed that bearish trend let me open position only on D1 chart, so I cancelled this order in the area of zero.

EURAUDH4-5-lisopada-2015-1024x501

EURUSD

Yesterday’s position on Eurodollar was closed on TP. There was a chance to open short position was when price was above enter position. SL was about 50 pips and it brought quickly 150 pips of profit.

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

EURUSDDaily-5-11-2015-1024x501

GBPAUD

There is another good position. Yesterday there was a signal which showed after test of support. It was tested in 50% and position brings now 160 pips of profit with 50 pips SL. Half of it is already closed and the rest secured on zero.

GBPAUDH4-5-11-2015-1024x501

GBPJPY

Pair is testing strong resistance. On the chart you can see that sentiment is bearish so we should look for short signals on D1.

GBPJPYDaily-5-11-2015-1024x501

NZDJPY

Pin Bar stopped being signal because price rebounded more than 2,5x SL, what is a signal of cancelling pending order.

NZDJPYDaily-5-11-2015-1024x501

NZDUSD

Change of sentiment here. Support is broken, daily candle closed below it so I look for short position here. Identical situation on the pair above. If there will be sell signal on H4 or D1 we can open short position.

NZDUSDDaily-5-11-2015-1024x501

USDJPY

This pair is testing strong resistance. If it will be broken it will be worth to open long positon. If there will be sell signal on D1, we can sell.

USDJPYDaily-5-11-2015-1024x501

Error, group does not exist! Check your syntax! (ID: 3)
SHARE
Previous articleDAX Market Update – November 5th – Volkswagen is pulling index down
Next articleElliott Wave Theory – EUR/USD, EUR/AUD
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.