Lets keep any eye on the abovementioned markets and we will revisit the charts during the week to see how price is reacting to our levels. Some interesting pairs to look are all the eur pairs, gbpjpy, usdjpy....we want to see if the uptrend is still ...

Pure Price Action Trading

Ftse Same explanation as the Dow chart above Ftse Daily

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Dow It will be nice to see a retest of the broken pivot high...since price started to go up this year, there hasnt been a decent retracement, it seems the bulls are in charge and its more likely to stay like that for some time....but if price ...

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Kiwi Price is pressing on the resistance, notice the asymmetric triangle...so either price will break to the upside or retest the green TL, but i am favouring the break to the upside on this one...a simple entry could be a retest. Kiwi 240 min chart ...

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Euraud Price has broken the pivot at 1.3000, so we will either see a retest of the pivot, thats where prie will make a decision to continue or to fall. So its wise to keep an eye for this level next week. Euraud 240 min chart image

Pure Price Action Trading

Some interesting charts to look at next week Cable could be interesting, it has been in a wedge for almost 4 years now...so either it will bounce off the lower TL of the wedhe and get back in the wedge, or breakout of the wedge, trading a retest ...

Pure Price Action Trading

Interesting to see audchf retest the 0.9600 handle broken yersterday...the pair moved as we expected, but we didnt have a setup on this pair. Hope to get a setup if the pair retraces to the 9600 handle. image

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Enough of this nonsense, lets see some charts

Pure Price Action Trading

When you achieve complete acceptance of the uncertainty of each edge and the uniquess of each moment, your frustration with trading will end…Trading in the zone

Pure Price Action Trading

Thinking In Probabilities and Percentages Human nature is afraid to be wrong or lose money, so even if you are consciously aware that this can hinder your trading, but subconsciously that's the exact you thing you will do...So the conscious and ...

Pure Price Action Trading

Weekly Wrap Up Another slow week for trend traders, but we managed to escape with just a small scratch. We had three trades, short gbpjpy reached 1st target at +120 pips (+0.25 percent), but some of our members were lucky to get 2nd target, making a ...

Pure Price Action Trading

14 Jan Price is at a very signficant level on this pair...a level where price might either keep pushing higher or bounce off. Looking at the weekly chart, the pair has been in a wedge for a very long time now and price is at the upper TL of the ...

Pure Price Action Trading

Watch how I have walked you through a trade on Aussie, I will compile all the posts on the trade and post them in one post for learning purpose. Watch the simple analysis, nothing complicated, just a few trend lines, support and resistance lines. I ...

Pure Price Action Trading

Now that the 1.0500 handle has been broken we expect price to retest the 1.0500s zone and she will make a decision wether to follow through or continue falling, if you were short from the 1.0550-1.0560 zone we discussed previously, you could have ...

Pure Price Action Trading

Euraud short has been stopped out at half the initial risk, a loss of 0.5 percent of the account. We focus on cutting our losses when the market is not favourable for our trend following method. We are trend followers and in market conditions like ...

Pure Price Action Trading

Aussie reacted to the zone as we expected, watch the false breakout of the upper TL and the pivot high. Also watch closely how price retested the pivot when it broke to the downside...a simple entry was on the retest, 1st target could be placed ...

Pure Price Action Trading

A very interesting and signficant level on this pair is the 1.0560-1.550 zone, if the pair retraces to this zone, she will make a decision wether to continue moving up or drop. The level is the broken upper TL on the wedge and the broken pivot high. ...

Pure Price Action Trading

Aussie didnt do as we expected, we were expecting a drop towards the 1.0400 handle. Now the pair is back to the upper TL of the wedge, this is a very signficant level for this pair now, either the pair will breakout or bounce off. If the pair breaks ...

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some subcribers who are still in gbpjpy short had their 2nd trg reached at +240 pips, we have now advised them to move SL on last position to lock in +120 pips. Worst result now on this trade is 120 (1st trg)+ 240(2nd trg) + 120( lock profits) = 480 ...

Pure Price Action Trading

Gbpjpy Short We were short gbpjpy from last week, 1st target has been reached at 120 pips and we have been stopped out at breakeven on the remaining 2 orders. Some of our clients are still in the trade because we sent the trade management late at ...

Pure Price Action Trading