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Nial Fuller
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Nial Fuller is an Australian, Independant Forex and Futures Traders who has mastered the art of 'Price Action Trading' and applies his simplistic methods to the Forex Market and Stock Index Futures. A career spanning nearly a decade, his strong passion for Financial Markets has fueld a... More
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  • GBPUSD Consolidates And Forms Inside Pin Bar Setup 0 comments
    Aug 26, 2013 10:53 PM

    The GBPUSD consolidated on Monday, forming an inside pin bar in the process. Given that the market has just recently repelled down from key resistance up near 1.5750 and the bearish pin bar that formed there on August 21st, we could see this bearish momentum continue. If price can break down through the mother bar low from today's inside pin bar setup, we could see another leg to the downside, with key support not seen until down around 1.5425.

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