Category Archives: Forex Blog

Breakout On NZDUSD? 12th Dec 2012

In our market commentary on the  4th December 2012, we pointed out a pin bar setup indicating that price would possibly move higher in coming days.  in the above chart, we can see that the pair  did move higher as … Continue reading

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Pin Bar Setup GBPAUD Daily Chart 12th Dec 2012

The GBPAUD after a decent sell off last week, moved up a little and give yet another setup for a possible sell.  On the daily chart today, the pair formed a pin bar candle off the 21 and 8 day … Continue reading

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Fakey Trade setup at resistance AUDUSD Dec 11, 2012

AUDUSD closed yesterday’s trading day with yet another failed attempt to break above the resistance zone. But with the previous inside bar candle formation, this failed break has set off a fakey price Action Trade setup. This setup could push … Continue reading

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AUDUSD AT A CRITICAL LEVEL? 10TH DEC 2012

previously in our market commentary on the AUDUSD,  we pointed out that if price breaks above the horizontal resistance level, then we may see a bullish rally. However, After a failed attempt to break and close above the resistance level. … Continue reading

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EURJPY Fakey Trade setup Dec 7 2012

This is another one of the avalanche of setups available on the daily time frame of most of the major pairs within the week. The eurjpy failed to break above the critical resistance after giving off an inside bar and … Continue reading

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USDCAD pin Bar trade setup Dec 7 2012

This is a very fresh trade setup on the USDCAD. A pin bar forming at key support was spotted. members are in on this trade as we once again look to make a 1;2 risk reward on this trade.

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EURGBP Dark Cloud Cover Bearish Pattern Pulls off Dec 7 2012

This trade call was made in the members area immediately we spotted the dark cloud bearish pattern on the daily time frame. At the moment, its a few pips from achieving our set target of 60pips following our 1:2 risk … Continue reading

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GBPUSD approaches Support as Pin bar pulls off Dec 7 2012

GBPUSD sold off modestly following the pin bar Price action setup spotted 5th December. Members have been in on this trade for 2 days now we seek a 1:2 risk reward. The Immediate Support Zone as indicated above, would also … Continue reading

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EURUSD Dark Cloud Cover Setup pulls off Dec. 7 2012

The pair sold off aggressively after hitting the key resistance zone and giving off a dark cloud cover bearish candle pattern yesterday. Most of our members were able to make a 1:2 risk reward on this setup as it was … Continue reading

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EURUSD GBPUSD Hits Resistance Dec. 6 2012.

EURUSD has been on an extended bullish which was initiated at about 1.26 by a fakey with pin price action setup, bursting through resistance at about 1.30 and finally into key resistance zone at 1.31 area. Higher prices were rejected … Continue reading

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