From Bigger Picture of Daily TF Trendline Break Re Test Move Above .... caped by 100 SMA with 38.2 fib and R1 Level........ and now moving down Interesting how this candle develops today...... a fakey bearish Pin Bar or fakey pinbar followed by ...

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Hi Mate Sorry, I am not into EW.....

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After nice bullish pin bar on 4 hr still market not moving in the direction......... 4 Major News and uncle Bernanke Testifies........ This is all what now market is waiting could be in range for 3:45 hours more......

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With due permission of Mate T@rantula andBlackWid0w -------------------- I have attached 1 HR EU Chart and would like to state few more points from my end on RSI.... what to look after you figure the RSI Bullish or Bearish term.... (or a SHift ...

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EU Hourly on my book we are approaching a major resistance zone..... Weekly S1, 50 Fib along with 100 SMA A sellers could be eying that level...... When i move my FIB level to swing high of 4th July 38% fib , 100 SMA and Weekly S1 comes at same ...

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AUDUSD trade... Entry As 1.06801 Stop Loss above 100 SMA 1.06938 TP as 1.0623 Risking 14 for 55 ..... Reasons to Trade: 61.8 fib along with 100 SMA as resistance and previous supply zone....

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Let me clarify you one thing.... FIBS are drawn from Swing Point.............. 38.2, 50 and 61.8 are retracement level that we keep eyes ...... you have to figure swing points before placing fib level...... though price don't accurately hit those ...

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Cheers Mate.........

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Check this two chart........

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GU Approaching resistance zone........ Good Supply level around....

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Clue: Can you try to post one more chart from your end where price retrace before the fall.... with fibo......

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Watch out for retrace of a Channel Break and daily S1 in 1 hourly at the same level... 5 MTF can give a big picture. Followed by 100 SMA as support so a TL break Retrace.. Daily Pivot.....100 SMA multi supports comes around.....1.393x area......

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38% Retracement along with Supply zone comes around 1.404x area.... watching it closely any one on the same level........

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His name is will and his blog is url

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Update chart on EU............ ............................................................................ This thought was from one of the best trader i have meet so far........ zoom the price draw a trendline see the trend If the price is rising ...

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Aussie trade setup...... This is what setup i have at present........ LTL has been respect now i see a higher move in AU.......

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Sure mate.........

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Yeah mate...... CHF was so lovely i posted that on EU staying opportunity might be there with both images pre NFP and after NFP...... url url It was really my mistake of not posting in this thread...... If a setup is with high probability no ...

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