PriceActionTrading
Short

AUDJPY AREA OF INTEREST AFTER WHIPSAW.

FX:AUDJPY   Australian Dollar / Japanese Yen
398 25 15
EDIT : THE MENTIONED PIN BAR IS YESTERDAY'S PIN BAR D1. SORRY FOR THE CONFUSION THERE.

price went below the pin bar
triggering sells
while market maker
are loading their buys
because of the
resistance turned support
simple analysis.

this is the market trying to
stop out new traders.
which they did
successfully.

this bull may run out of steam
at the 61.8% or 95.00 level

AUD just successfully
performed a whipsaw.

NOT SAYING THAT WE SHOULD BUY OR SELL BUT I JUST WANTED TO SHARE MY KNOWLEDGE AND ANALYSIS OF WHAT HAPPENED. MARKET MAKER WHIPSAWED THE MARKET CAUSING A 130 PIPS SURGE DOWN AND UP, STOPPING OUT A LOT OF TRADERS, TRAPPING OTHERS. UNLESS YOU HAVE TAKEN A CONTRARIAN TRADE LIKE MARKET MAKERS MOST OF THE TIME DOES.

AN EXAMPLE OF THIS CONTRARIAN TRADE IS THE ONE I AM LOOKING TO TAKE - USDCAD            

I WILL BE LOOKING FOR SELL @ 95.00 - 96.00 AUDJPY             .
If only i know a way to send notification to my followers informing them of trendlines broken, watch this or stuff. Instead of having to types comments or post an idea just for a comment. That would be great.
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Anyways. inside bar fakey found at USDCAD as expected. The contrarian trade i was mentioning.
Anyone in already?
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Technician TOP PriceActionTrading
Just shorted GBPUSD , limit short CADJPY...
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Yes very bearish W1 pin bar. I was looking to short at strength somewhere near 50% of that pin bar. Not sure if that was gonna happen i took other viable trades. I got stopped out at BE for my EURUSD trade after having a nice run. Kind of sad.

GBPUSD
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PriceActionTrading PriceActionTrading
And it is a bullish engulfing rejecting 1.5100 on the D1 so i am expecting more upwards pressure today. So i will not exactly sell it just yet but i am sure you have your reasoning for doing so.
Good luck Tech.
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Technician TOP PriceActionTrading
Usually in strong impulsive waves we don't get that deep correction. I shorted based on this http://s21.postimg.org/xank405s7/Capture.png . I hope i am right in the timing..
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Yea. I am also hoping for short gbpusd eurusd. usd strength/weakness seems off throughout the pairs. audusd and eurusd going high. sad.
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I think its critical here
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nappenbir Technician
i think short i want see here more short

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nappenbir nappenbir
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