Forex commentary – 26th February 2015
What I am trading now
GBP/JPY 14 days ago it was created nice PIN bar on the daily GBP/JPY chart. I bought this pair around 182.50. Last Friday it was created nice false break, moreover it transformed to PIN bar, so yesterday I added next position. Both trades are working very well. I anticipate that price will…
Forex commentary – 5th February 2015
Forex commentary 3th February 2015
Nice opportunities for trading
This week, in the markets appeared nice opportunities for trading. XAG – silver On Tuesday, on the daily chart of silver has created a nice PIN bar, which is in line with short-term uptrend, i was created on the important S/R and the price rebounded from the dynamic resistance (moving averages). The…
USD/CAD – nice opportunity for buy
Gold – nice opportunity to short
On the XAU/USD (spot Gold) daily chart they were created 2 nice bearish PIN bars over the last two days. Both days price tried to go up, but higher prices were always rejected and it appeared here pretty bearish activity that always drove price back down. PIN bars are additionally formed in the…
PIN bar on the EUR/AUD Daily chart
Notice the nice pin bar that formed last Thursday on the Daily EUR/AUD chart. After its creation price during Friday flew 300 pips down – unfortunately without me, because I had a pending order to sell placed slightly above. Price recently beautifully oscillates between 1.4587 and 1.4242. I just wanted to…