Pin bar bearish forex technical analysis

Posted by on Aug 17, 2012

By David Ruscelli


This post in italian

Daily price action and technical analysis of forex markets, trading currencies.

USDOLLAR INDEX

Obvious pin bar formed today on us dollar index. This signal says us us dollar will could continue lose value against other currencies.

USDOLLAR INDEX D1

 

USD/CAD

As we said in a recent post, there was a big pin bar definitely obvious even if it hasn’t placed on a very well position. Who traded it took on the pocket a good profit. Suggest to move stop loss at break even. Move stop loss to break even is explained in this lesson.

USD/CAD D1

 

That’s all for today, have a good trading!

 

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