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pedro319 replied Dec 31, 2014Who knows but yeah, very few things come as a surprise in this market.
EURUSD
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pedro319 replied Dec 31, 2014I didn't say that, you find it funny that we are making new lows on the last day and I just said what happened last year that's all.
EURUSD
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pedro319 replied Dec 31, 2014EURUSD Taking out the lows D1 would aim at 1.2107 and 1.2087, bounces or short term reversals could happen from any.
EURUSD
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pedro319 replied Dec 30, 2014This is technical harmonic view, if you got anything else that might point to a different direction, trade your plan. This is not the best R:R entry point, I am shorting from higher. Cheers.
EURUSD
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pedro319 replied Dec 30, 2014Do something that works for you, I am not as good with waves and Elliot concepts but I know people who do them both with good results but that would probably take me another 5 or 6 years to master.
EURUSD
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pedro319 replied Dec 30, 2014We are now bouncing from 1.414 extension D1, (should have mentioned it as well) imo taking out 1.2198 will make it look Bullish short term. Gold has just exploded and EUR might follow. As long 1.2148 remains 1.2198 in sight.
EURUSD
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pedro319 replied Dec 30, 2014If you are not confident about shorting wait for next move down and respective correction, next move down will show you the true nature (impulsive/ corrective) of the previous one. Place your fibs and check .618 and .786 levels. Invalidation point ...
EURUSD
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pedro319 replied Dec 30, 2014BRENT Profits locked. Breaking down here will target 56.47 and 55.37.
EURUSD
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pedro319 replied Dec 30, 2014EURUSD Price needs to go slightly higher, I will be looking to Sell again. I like 1.2198.
EURUSD
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pedro319 replied Dec 29, 2014Next destination after breaking here is 1.2059 D1, if that breaks as well 1.18917 will be in sight. Usually I only look for bounces before extensions get broken, if you look at the D1 you will see 1.27 Extension has been broken, now will only look ...
EURUSD
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pedro319 replied Dec 29, 2014Brent Seems to be targeting 58.03 (reached) and 56.64, 1.27 and 1.618 extensions H4 chart, looking like reversal pattern. This 1.27 Ext + WS1 might provide little bounce.
EURUSD
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pedro319 replied Dec 29, 2014EURUSD Hope everyone had nice Xmas. I see 1.2242 ABCD M15 target + WR1, can't exclude test of 1.2258. Invalidation point at 1.2184.
EURUSD
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pedro319 replied Dec 24, 2014There will be few banks adjusting positions (or so they say) closer to the year end and taking advantage to clear some stops. Market could move hundreds of pips.
EURUSD