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pedro319 replied Jan 9, 2015Price is bouncing off from agreement area .618 Monthly + 1.618 Daily, it could go way higher imo, which probably means EURAUD will proceed down.
EURUSD
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pedro319 replied Jan 8, 2015GOLD Retracement started from overbought, if price holds above 1200 (re test of previous tops) will be a bullish sign, I shorted from .786 Ret D1 and waiting for some movement. I am not adding as there are a couple of things showing something might ...
EURUSD
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pedro319 replied Jan 8, 2015EURAUD Lower and want to see reaction to 1.4466, .786 D1 last swing.
EURUSD
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pedro319 replied Jan 8, 2015That particular pattern with .618 to1.618 Ratios yes but like Eggs said .707 (+WPP) or even .786 might be the final point before turn, I am looking for rejection H4 candles.
EURUSD
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pedro319 replied Jan 7, 2015USDJPY Best setup so far, ABCD H4, invalidation point C, potential target 117.
EURUSD
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pedro319 replied Jan 5, 2015Watch out for AUDJPY, price touched .618 D1 last small swing and is at WS2, we don't want to see reversal candles H4 from now on.
EURUSD
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pedro319 replied Jan 4, 2015Despite the fall I am not confident in selling here, this is MS1 and WS1 area good for bounce up, if that doesn't happen... well, I will have to wait for better opportunities.
EURUSD
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pedro319 replied Jan 2, 2015This one could have been caught from the very top but I haven't been following it. Looking at Daily and Weekly it should continue down, wait for retracement H1 at least for short entry. I will keep an eye on it. Cheers.
EURUSD
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pedro319 replied Jan 2, 2015Intermediate targets hit. I expect lower (price closed below WS1) and will look into new ops to short when good setup arrives.
EURUSD
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pedro319 replied Jan 2, 2015BRENT Price bouncing off 55.47, breaking down will bring 54.21 first and then 52.81 in extension.
EURUSD
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pedro319 replied Jan 2, 2015EURUSD Monthly chart Now that .618 minor extension at 1.2190 has been broken it's fair to point out what is the other potential long term target, like I said before if you want to find out how long it's going to take to reach each target you can ...
EURUSD
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pedro319 replied Jan 2, 2015EURUSD ABCD D1 1.618 Ext complete! I am looking at H4 candles and by the end of the day at D1 to assess reaction to extension and to manage positions. I am not interested in new sell positions. This of course excludes scalping.
EURUSD
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pedro319 replied Jan 1, 2015EURAUD 1.4558 seems a good spot to take some chips off the table. This is Weekly chart, 0.5 Ret profit taking.
EURUSD
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pedro319 replied Jan 1, 2015Market completed ABCD H1 posted here: url , there is one more target ABCD pattern D1 1.618 Ext (after .5 Ret at 1.2570) at 1.2046. The question is whether market will complete that D1 target before bounce or after, usually after these patterns ...
EURUSD
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pedro319 replied Dec 31, 2014imo you shouldn't think like that, in FX anything is possible!! You better off plotting some key levels on your chart and see if they break or not, for eg: if 1.2059 doesn't hold, trip to 1.1894 is very possible. Only my 20 cents. Cheers.
EURUSD
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pedro319 replied Dec 31, 2014I expect 1.2185 next, I am not entering new positions this is for profit taking purpose only, market could reverse from that last one or 1.2066 imo.
EURUSD