Maybe it is beginning of better situation for the system. Opened positions gives profit of +15% right now but there is long way to close it with profit. They still can end with Stop Losses. New way of opening positions (with market price, no waiting for correction) gave me confidence, I had no idea that those good signals without opening was such a harm for me. Now when I see signal I know I will enter position., of course if RR will be good.

AUDNZD

After unexpected rate cut by RBNZ this pair shoot up sharply and now is above the level which should work as a strong support but below very important resistance. This level stopped gains four times in 2015 and now should work too. If price will be close to resistance and Price Action signal will show up on D1 chart we can open shorts.

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

AUDNZDDaily-3-10-2016-1024x500

GBPCHF

Sell signal on this pair. Clear Pin Bar on D1 chart on resistance. I open shorts with market price without waiting for correction. SL is 140 pips and TP is 400 pips.

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

GBPCHFDaily-3-10-2016-1024x500

USDCAD

I already have opened shorts over here, but another sell signal occurred in form of Outside Bar. It strengthens bearish sentiment and pair should test support which is 200 pips lower.

USDCADDaily-3-10-2016-1024x500

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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.