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Forex Trendy A Forex Trend detection Software !!!

Today I decided to add one more tool to what we are doing. As you know to make decision, a quick decision & then confirming with your...

Tuesday, July 10, 2012

Price Action Trading July second week 2012


Forex Trading India chart pattern price action trading strategies
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Forex Trading India chart pattern price action trading strategies

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Forex Trading India chart pattern price action trading strategies

Failed  - 
  • Early entry -- Traded on Bullish engulfing pattern
  • Knowing strong down trend on Monthly, Weekly & daily Traded against it. 
Forex Trading in India Chart Pattern Price Action

What it looks like after 

Forex Trading in India Chart Pattern Price Action

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Forex Trading in India Chart Pattern Price Action


Failed  - 
  • Early entry -- Traded on Bullish engulfing pattern 
  • Knowing strong down trend on Monthly, Weekly & daily Traded against it. Assumption was it will retrace up to 50% Fibonacci
Forex Trading in India Chart Pattern Price Action
  •   What it looks like after  
Forex Trading in India Chart Pattern Price Action

Failed
  • Also the reverse trade to sell at 97.44 and stop loss of 
  • Set stop loss is Wrong.
Forex Trading in India Chart Pattern Price Action



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Forex Trading India chart pattern price action trading strategies

12.07.10 12:33 buy 4.00 eurusd 1.2332 1.22561.238820 12.07.10 17:151.22560.000.000.00 -304.00


Forex Trading in India Chart Pattern Price Action





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Forex Trading India chart pattern price action trading strategies


Forex Trading in India Chart Pattern Price ActionFailed - 
                                                                                                                                                            Expected to retrace the bullish pattern about 38% to 50% but did not happen

Forex Trading in India Chart Pattern Price Action

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