Weekly Trade Ideas & Chart Analysis Newsletter by Nial Fuller – Jan 11th to 15th, 2021 » Learn To Trade The Market

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Weekly Trade Ideas & Chart Analysis Newsletter by Nial Fuller – Jan 11th to 15th, 2021 » Learn To Trade The Market


Note On Charts: It’s important you are trading with a broker that offers New York Close Charts, (a true 5 day chart that aligns with the true New York Close). Download a demo of our Preferred Broker & Charting Platform Here.

Commentary Disclaimer: This 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.

GBPUSD (Spot) 

Short Term Trend: Bullish

Short Term Key Levels: 1.2640-1.2660 area, 1.2725, 1.2810, 1.3000, 1.3170, 1.3265, 1.3320, 1.3480, 1.3620, 1.3700.

Price Action Signals: Price just broke down from an Inside Bar pattern that formed under the 1.3620 resistance area.

Potential Trade Idea: We are considering trading longs after a price retracement lower and from a price action signal, at or just above the 1.3170 to 1.3265 support zone.

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

AUDUSD (Spot)

Short Term Trend: Bullish

Short Term Key Levels: 0.6670, 0.6940-70, 0.7050-60, 0.7230, 0.7340, 0.7400 to 0.7460 area, 0.7636, 0.7820.

Price Action Signals: Price recently broke up from a Long Tailed Pin Bar + Inside Bar combo pattern. (Event Zone).

Potential Trade Idea: We are considering trading longs after a retracement towards the prior price action ‘event zone’ support, or from a bullish price action signal, at or around the 0.7400 to 0.7460 support area (event zone).

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

S&P 500 (Cash) 

Short Term Trend: Bullish

Short Term Key Levels: 2800, 2970, 3140-50 area, 3210-30 area, 3290, 3400 to 3430, 3500, 3550, 3585-3600 area, 3675, 3830.

Price Action Signals: Price broke up from an Inside Bar pattern that formed just above the 3675 support level mid last week. Price recently broke up from a Bullish Long Tailed Pin Bar + Inside Bar combo pattern that formed above the 3600 key support level recently (Event Zone).

Potential Trade Idea: We are considering trading longs after a retracement lower in prices, and from a price action buy signal on the 4 hour chart or daily chart timeframe, at or around the 3600 to 3675 support area (event area).

NOTE – You can trade S&P 500 Cash via the preferred 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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