By Nial Fuller in Forex Trading Signals, Trade Ideas & Chart Analysis by Nial Fuller | 4 Comments

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GBPJPY – SPOT

Price Action: A Bullish Pin Bar Signal formed on the daily timeframe overnight.

Idea: We are considering trading longs from the Pin Bar Signal.

NOTE – You can trade Spot GBPJPY via the trading platform we use HERE.

GOLD – SPOT

Price Action: A Bullish Fakey Setup + Pin Bar Signal formed on the daily chart timeframe overnight.

Idea: We are considering trading longs from this bullish Fakey Setup + Pin Bar signal, ideally using retracement entry if price re tests the range of the Pin Bar.

NOTE – You can trade Spot GOLD via the trading platform we use HERE.

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Chart Commentary Disclaimer: Nial Fuller’s and Learn To Trade The Market’s analysis and comments below should not be considered financial advice or a recommendation to trade or invest in any financial product. Your personal financial circumstances and risk limits have not been taken into consideration in the below analysis and comments. This newsletter is for general educational purposes only. Do not blindly buy and sell the financial products discussed in this newsletter. Always do your own analysis and research and be expressly aware of the risks and rewards in trading or investing in any financial product.

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About Nial Fuller

Nial Fuller is a Professional Trader, Investor & Author who is considered ‘The Authority’ on Price Action Trading. His blog is read by over 200,000+ followers and he has taught 25,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.

4 Comments Leave a Comment

John Palmer
Thanks for your thoughts
On reflection, its a pattern within a pattern and latest pattern shows latest price movement and is the only one which can be traded just now
John
Reply
Moses
@John. I think it is from May 27. Check your chart well.
Just my opinion.
Reply
Moses
Nice idea on GBPJPY. I know that some traders will want to sell at that top.
But experience and your trade ideas has taught me ”not to catch a moving train”.
Best regards,
Moses
Reply
John Palmer
Is my reading correct on GBPJPY – all candles after May 21 are inside bars or is it too big?
Should 4H chart be used here?
Reply

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Trade Ideas: GBPJPY Pin Bar Signal & GOLD Fakey Setup – June 11th, 2021