July Special: Get 40% Off Nial Fuller's Forex Trading Course & Daily Trade Ideas Newsletter (Ends July 31st)
Nial Fuller

Professional Trader, Author & Trading Coach

Weekly Trade Setups Ideas & Chart Analysis – September 9th to 13th, 2019

Note On Charts: It’s imperative to your trading success that you are trading with a broker that offers ‘New York Close Forex Charts‘, (a true 5 day chart that aligns with the New York Close).

Chart Commentary Disclaimer: Nial’s views on the Charts is not advice or a recommendation to trade or invest, it is educational and general information only. Don’t blindly buy and sell the markets/products discussed in this newsletter, do your own research and be aware of the risks and rewards.

Weekly Trade Ideas & Chart Analysis by Nial Fuller – September 9th to 13th, 2019

All charts illustrated are daily time frames unless marked otherwise.

EURUSD – Bearish Pin Bar Sell Signal Forms At 1.1020 Resistance

Trend: Bearish

Relevant Key Levels: Resistance at 1.1110, 1.1180, 1.1280, 1.1325, 1.1430 and 1.1570. Support at 1.0805

Price Action: Bearish Pin Bar + Inside Bar combo pattern forms at/under 1.1020 resistance and in line with the bearish trend.

Current Notes: The short term bias remains bearish as prices remain contained below the overhead 1.1180 to 1.1280 resistance.

Potential Trade Idea: We will consider selling short on any strength or from a bearish price action sell signal (ie: bearish pin bar signal), whilst price remains below the 1.1180 to 1.1280 resistance area (prior event zone resistance). Initial downside targets 1.0805.

NOTE – You can trade EURUSD via the preferred trading platform we use HERE.

S & P 500 – Bullish Break Out Above 2940-60 Resistance Re Activates Bull Market

Trend: Neutral

Relevant Key Levels: Support at 2940 to 2960, 2890 to 2915,  2860-90, 2800-2825. Resistance at 3030 and 3000

Price Action: Price surges to close above 2940 to 2960 resistance area and activates a bullish continuation.

Current Notes: The break and close above the 2940 to 2960 resistance has opened the door for a push back towards the old highs at 3000-3030 again. The bias remains very bullish whilst the 2800 to 2825 key support area holds firm.

Potential Trade Idea: We will continue to consider buying on a clear Price Action buy signal whilst prices remain above the 2800-2825 support area. Potential short term buy areas exist at 2890 to 2915 support, and 2940 to 2960 support. Watch for price action signal at these key support areas.

NOTE – You can trade S & P 500 via the preferred trading platform we use HERE.

GOLD – Any Potential Pull Back To $1440 Support Could Provide An Opportunity

Trend: Bullish

Relevant Key Levels: Support at $1350, $1380, $1400, $1440 and $1480 area. Resistance at $1550

Price Action: none.

Current Notes: Price tested the recent highs at $1550 resistance and rejected back strongly. Despite the short term pull back, the bias is bullish whilst prices remain supported above the $1400 to $1440 key support levels.

Potential Trade Idea: We will consider buying after a minor retracement lower and after a clear price action buy signal around the $1400 to $1440 Support Area, targeting a move back up to $1525 to $1550 area.

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

Members Get Daily Trade Ideas & Chart Analysis From Nial Fuller Every Day …
All Members of Nial Fuller’s trading courses & members area get access to Nial’s daily trade setups ideas newsletter. You will get potential trade ideas and technical chart analysis on Currency Pairs, Commodities, Stock Indices and more. For More Info Visit the Course Membership Page Here.

Note: –  Download a Free Trial of the Broker & Charting Platform We Use HERE.

Please Leave A Comment Below 

Print Friendly, PDF & Email

About Nial Fuller

is a Professional Trader & Author who is considered ‘The Authority’ on Price Action Trading. He has a monthly readership of 250,000+ traders and has taught 20,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
  1. Mr. Ali September 10, 2019 at 6:45 am

    Thanks for the analysis sir

  2. Katleho September 9, 2019 at 5:42 pm

    Mr Fuller thank you


Leave a Comment

Your email address will not be published. Required fields are marked *