I know you want practice, but analysing like this where there isn't a trade, will only encourage you to "LOOK" for trades instead of "SEEING" trades. So rather than post like this, wait until you "SEE" a valid trade set up and then comment on that. Make sense?
Well, well, well, Christopher – have you access to my charts? Who taught you to draw TLs like that which provide SO much information? First class job, old chap!
DislikedWORKER: All good except no mention of the support level at 146.80 although I see it on your chart. Also no mention of the fib level which price has retraced to. The confluence of the support level, the fib level and the 20 all provide very powerful support
DislikedChristopher - check that you have your MAs correct
Thanks for your responses Strat. It is good to have a bit of positive feedback that suggests I might be improving. I'll go on working at it and posting otherwise I have no way of knowing that I am progressing - albeit slowly. When I read the posts of others they nearly always make complete sense, it is actually working through the processes myself on my own which is the tricky bit. It is only by posting that I can get feedback. It is MUCH cheaper than getting feedback from the market!!!!
All the best.