AUDUSD, February 20th 2014

After recent bullish momentum, price reached its key resistance. As we can see, sellers started to push price lower and two pin bar there is a sign of rejection. This can be a good opportunity for price to go lower once the bearish momentum get into the market.

Introduction

This is my first post..
I am a trader from Indonesia, I started to trade since 2013 on forex, CFD, commodities, and indices.
My blog has a purpose as my own diary on trading to improve my trading skills and to learn being discipline.
I learn price action from Mr. Nial Fuller, lot of thanks to him who makes me understand how to trade based on price action only.
If you find my post have some similar analysis to him (Mr. Nial Fuller), that's just because I learn from him.
If you want to learn more directly from him, just open his own website on www.learntotradethemarket.com.
Perhaps everyday I will post some trading commentary, only if I found interesting price movement on chart.
Any suggestion from my post is not a trading recommendation for reader who didn't take price action course by Mr. Nial Fuller.