Thursday, 9 October 2014

Eur/Usd signal update

Eur/Usd buy at 1.2670 









Eur/Usd buy at 1.2670
TP 1.2710-2730
SL 1.2620
Best Of Luck
Pak Forex Academy 

Status TP Hit

Tuesday, 7 October 2014

USD JPY now at double bottom strong buy signal

USD JPY now at double bottom strong buy signal 

you can buy at 108.00 for 109.50,110.00 take profit with short stop loss 


Monday, 6 October 2014

Eur/Usd sell at 1.2595 cmp








Eur/Usd sell at 1.2595 cmp
TP 1.2560-1.2530
SL 1.2630
Best Of Luck
Pak Forex Academy 

AUD/USD sell 0.8725 CMP

AUD/USD sell 0.8725 CMP
Sell More 8745
TP 0.8700-8680
SL 0.8770
best of luck
Enoy Eid

Thursday, 2 October 2014

AUDUSD hits major key support and also forms bullish pin bar


AUDUSD hits major key support At 0.8660 at back up and also forms bullish pin bar in daily time frame 


The Daily Time chart below shows the pin bar reversal signal 
You can buy this pair with target 0.8870


Thursday, 25 September 2014

Price Acting Trading Strategies

 Pin Bar Setup

• Pin bar: middle of a 3-bar formation

• Open and Close of pin bar is within (or very close)
  price range of bar 1 and 3

 • Shadow of pin bar sticks out
   Longer, more significant

• Pin bars occurring at important support/
  resistance level can be very accurate

• Can be taken as counter trend if well-defined and
  protrude significantly from surrounding price bars
  Indicates strong rejection occurred
  Preferably on daily chart time frame
1-BAR



Fakey Setup



• Inside/Harami bar + False break, then closes
  back within range

• Fakey entry: triggered as price moves back up
  past the high of the inside bar (or the low in the
  case of a bearish fakey)

• Amateurs tried to pick market top, pros stepped
  in and flushed out amateurs in a flurry of buying
 

3 Price-Bars Pattern

Morning Star

• Consists of 3 candlesticks
• Bearish Gap: Bears are in control
  during opening

• Day 2: Prices are not pushed much
  lower (small / neutral candlestick)
  Bullish: stronger sign

• Day 3: Bullish gap up

• Prices pushed further upward,
  sometimes eliminating all Day 1 losses


 Evening Star 

• Consists of 3 candlesticks:
   Bullish, Small/ Neutral, Bearish

• Presence of bullish gap, bearish gap
• Day 2: Prices are not pushed much
  higher
  Bearish: stronger sign

• Day 3: Large bearish candlestick
• Prices pushed further downward,
  sometimes eliminating all of Day 1’s
  gains

Evening Star Pattern



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