Weekly Trade Ideas Newsletter by Nial Fuller – May 17th to 21st, 2021 » Learn To Trade The Market

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Weekly Trade Ideas Newsletter by Nial Fuller – May 17th to 21st, 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.

USDJPY – SPOT

Price Action: Price surged from a multiple Inside Bar pattern last week.

Idea: We are considering trading longs on a retracement lower into the range of the multiple inside bar pattern area (second chance entry), or after a price action buy signal, at or just above the 108.37 support level.

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

SPI 200 – CASH

Price Action: A giant bullish Long Tailed Pin Bar signal formed at 6890 key support last week.

Idea: We are considering trading longs on a retracement lower into the range of the bullish Long Tailed Pin Bar signal Or after another clear price action buy signal on 4 hour or daily chart timeframe, around or just above the 6890 to 6920 short term support area.

NOTE – You can trade SPI 200 via the trading platform we use HERE.

CRUDE OIL – FUTURES

Price Action: 3 prior successive bullish Pin Bar signals briefly failed late last week before price surged higher again. A bearish Tailed Bar formed mid last week.
(some traders may still be in a long position from last week if they had used a 50% retracement entry and wider stop).

Idea: We are considering trading longs on a deeper retracement lower and after a price action buy signal, around the 60.70 to 62.20 support range.

NOTE – You can trade Crude Oil futures via the trading platform we use HERE.

Become A Member : Get Trade Ideas & Chart Analysis on 10+ Markets Every Day visit the Course Membership Page 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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