AUDUSD

On Aussie I noticed sell signal, I set sell limit order but price didn’t fall to the opening level. It went away for more than 2.5x Stop Loss so I cancelled this order.

AUDUSDH4-17-11-2015-1024x501

EURAUD

I have opened position on this pair. There was clear Pin Bar on the daily chart which rebounded from support area and created buy signal. Candle was tested in 50%, I opened order with Stop Loss 100 pips and Take Profit 480 pips.

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EURAUDDaily-17-11-2015-1024x501

EURUSD

Similar situation like on AUDUSD. Here I am a little mad for myself because 50% retracement of signal candle was tested, but I had my order 0.6 pips higher. It should be set a little lower and the order would be opened and would bring already some profit. I delete sell limit order because price went too far away.

EURUSDH4-17-11-2015-1024x501

GBPJPY

This pair is testing resistance again. If there will be any Price Action sell signal I will re-open short position.

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

GBPJPYDaily-17-11-2015-1024x501

NZDUSD

Kiwi is testing support and if it should stay in bullish trend this level has to be defended. Considering last bearish momentum, I will consider buy signals only from daily chart.

NZDUSDDaily-17-11-2015-1024x501

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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.