I have to admit that last few weeks weren’t good for me. Maybe it is because my attitude to decreases (yesterday one of my accounts took hard hit), maybe it is because of my preparations to FxCuffs in Cracow and I don’t have enough time to invest properly. My Price Action system is still good and this account is earning. Now I leave futures and focus only on this strategy.

AUDUSD

Short position opened on 50% retracement of Outside Bar, however Aussie didn’t reacted on this level and is now testing the resistance. It can hit Stop Loss, but signal was very clear and bearish candle really huge.

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

EURUSD

After an Outside Bar position was not opened. Currently price moved away so far that I just have to delete order.

GBPJPY

Finally there is better bullish correction on this pair. Pair almost reached resistance and now we just have to watch H4 or D1 chart looking for Price Action sell signal. Trend is strongly bearish so we just have to follow it.

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GBPUSD

We need only 50-90 pips to look for shorts on this pair. Trend is strongly bearish, so it is not worth to look for longs. Of course trend will reverse some day or strong bullish correction will show up, but playing with trend is much easier than trying to fight it.