Price Action Swing Trading (PAST) Weekly Report – 01-Dec-13

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    Nigel Price
    Nigel Price
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    Hello Everyone

    Today we are going to look at the EUR/AUD currency pair and will analyse it on the daily timeframe chart.

    This week’s potential reversal has been identified by the new PAST Anchor Chart MT4 Indicator.

    Price Action Swing Trading Strategy - EUR/AUD

    EUR/AUD has been showing some strength in recent weeks, and has been in a strong uptrend on the daily chart. On Friday, however, the bulls attempted to push the market higher but failed to hold onto the gains. It could well be that buyers are beginning to wonder whether it might be a good time to take profit. If so, price may well begin to roll over to the downside. If this does occur, we could consider participating in the move, risking as little of our capital as possible.

    If you would like to see how we would enter the market on a signal like this, take a look at the full PAST Weekly report here:- Price Action Swing Trading (PAST) Strategy Weekly Report – 01-Dec-13

    Nigel Price is the author of the FREE

    Price Action Swing Trading (PAST) Strategy eBook

    Click HERE to download it NOW

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