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image target reached on pivot
image its looking for target 11785
image weekly 50% fib level holding nicely
we are now at weekly 50% fib level plus resistance from friday. Short from here. 18168
took profits at 6752
took short from 6770
Looking at the daily . This maybe the last move down to 13175. Support is at fib level 78.6%(13172). There is also weekly fib level at 13178.
good oportunity as any to short here 11150 with tight stop. Last stop for London pivot.
Nice hold from the london pivot. Tick volume showing downturn from here.
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waiting for 11277 for bounce back up.
long here from 15785 for 20pips
waiting for US30 short at 17526
short from the 157.76 pivot
You are correct forex is not for everyone. Forex is made to be the in thing to trade , but its not for everyone. I gave up forex and started to trade the indices(DAX,DOW) . The price action on Indices is much better if you combine SPX,DAX,DOW. They ...
oil at resistence level
the dice has been set, divergence on both SPX500, US30 and oil at resistence. SPX500 touched weekly mid fib zone which is resistence.
DOW right on weekly fib level. opportunity for bounce.
divergence on DOW is driving prices UP
nice bounce from weekly mid pivot level.