Written by Justin Bennett
Trusted by 100k monthly readers
Last Updated April 24, 2014
Forex trader since 2002
Written by Justin Bennett
Forex trader since 2002
100k monthly readers
Updated April 24, 2014
From yesterday’s post I mentioned that the EURAUD may make a move to retest the 1.484 level in the coming days. Today we saw a decent move higher toward that level. We’ll have to watch to see if we get a price action setup at that level, should price make it there in the coming days.
The AUDNZD formed a pin bar today, however it’s important to keep in mind that this pin bar isn’t at a key level. So although it may be a sign of things to come, it’s not a valid trade setup.
Justin Bennett is a full-time trader and educator who teaches Smart Money Concepts and clean price action without the noise.
He focuses on market structure, liquidity, imbalances, and high-time-frame context to help traders understand what price is actually doing and why.
Justin has been trading for over a decade, publishes weekly market breakdowns, and has helped thousands of traders simplify their approach and trade with more confidence.
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