This blog will document all aspects of my forex price action trading.
Monday, 19 August 2013
EURAUD Fires off a Large Bullish Engulfing Bar
The EURAUD pair has been in a nice uptrend for the past 5 months, higher highs and higher lows. Recently it stalled and broke from its swing high to make a new high before retracing to support at the big round number of 1.4500 from which I took a trade on a bullish engulfing bar.