Midday Forex price action analysis – 2016-07-27

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In today’s analysis I spot a potential USD/CHF short trade. The potential setup is a long way from completion, and it might not even turn into an actual trade. Other than that, there is not much forming right now. However, it is only midday, I will be checking my charts again in 4 hours to see if anything new has formed. For now, check out the USD/CHF setup in the video, and also a breakdown of yesterdays successful USD/JPY trade.

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Save your seat for my upcoming live training session

On Saturday the 30th of July at 4:00pm UK time I will be holding a live training session. In this session I will be teaching you my advanced support and resistance techniques. Remember the USD/JPY long trade I called yesterday? I found that trade by using support and resistance.

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How to use this price action analysis

If you are new to trading and do not know much about price action, check out my Forex trading strategy. And, you can also browse through my hours of price action webinar recordings here.