SEPTEMBER SPECIAL: 60% Off Nial Fuller's Pro Trading Course & Trade Ideas Newsletter (Ends Sep 30th) -
Nial Fuller

NIAL FULLER Nial Fuller
Professional Trader, Author & Coach

Weekly Trade Ideas: USDJPY, GOLD & S&P500 – August 8th to 12th, 2022

Note On Charts: It’s important you are trading with a broker that offers True 5 Day New York Close Charts.

Note On Brokers: Download our Preferred Broker Platform with New York Close Charts Here.

USDJPY – SPOT: Inside Bar Pattern Breaks Higher

Price Action: Price moved higher from the Inside Bar Pattern that had formed late last week (We suggested trading this breakout of this pattern in the August 5th members’ daily newsletter).

Price moved higher from the Bullish Tailed Bar Signal that had formed early last week (We suggested trading this signal in the August 3rd members’ daily newsletter).

Potential Trade Idea 1: We are considering buying on a retracement lower to within the range of the most recent Inside Bar breakout.

Potential Trade Idea 2: We are considering buying on a retracement lower to within the range of the recent Bullish Tailed Bar Signal.

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

GOLD – SPOT: Waiting For A Potential Bearish Fakey Setup

Price Action: Price formed an Inside Bar Pattern late last week (We are not considering trading this pattern).

Potential Trade Idea: We are considering waiting to see if the current Inside Bar Pattern turns into a Potential Bearish Fakey Setup.

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

S & P 500 – Cash: Selling On A Retracement From Event Area

Price Action: Price formed a Bullish Pin Bar Signal late last week (We are not considering trading this signal).

Price moved higher from the Bullish Pin Bar Signal that had formed over three weeks ago (We did not consider trading this signal, nor did we mention it at the time it formed).

Price moved significantly lower from the Bearish Inside Bar + Pin Bar (Combo Setup) that had formed just below the 4100 – 4205 key resistance area (Event Area), on Monday June 6th.

Potential Trade Idea: We are considering selling on a retracement higher and after a price action signal, at or just under the 4205 key resistance level (Event Area).

NOTE – You can trade S&P 500 Cash via the trading platform we use HERE.
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Please Leave A Comment Below With Your Questions or Feedback.

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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Nial Fuller

About 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.
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  1. Moses

    Thanks master.

    Reply

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