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pedro319 replied Dec 19, 2014EURUSD Market usually completes harmonic targets, until that happens and because there is not too much time left I just wait. 1.2190 targets for ABCD D1 and minor extension .618 Monthly chart.
EURUSD
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pedro319 replied Dec 19, 2014Just because price is at .618 it doesn't mean it's going down, you need confirmation from price action, this area is quite good, weekly pivot + Daily R1 but the most important now is rejection, reversal candlestick or other candlestick pattern. ...
EURUSD
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pedro319 replied Dec 18, 2014I got in at 1.5317, that was major level there and that is the reason I am not shorting AUD at the moment, (still have short positions but higher). What will make it move most is AUD imo. Price just broke .618 so it could keep going lower for a ...
EURUSD
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pedro319 replied Dec 18, 2014Second low of the pattern is invalidation point and can be used to trade in case of failure, generally when they fail, they fail miserably!! Yes I agree, a higher point to sell would be better, preferably according to a plan so you can get out in ...
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pedro319 replied Dec 18, 2014EURUSD 15 Mins Bfly Looks like this move will target 1.2366 at least.
EURUSD
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pedro319 replied Dec 18, 2014Very good, what was the tech you used for this trade if you don't mind me asking? Pivots or something else.
EURUSD
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pedro319 replied Dec 18, 2014I look at EURAUD and it doesn't seem like AUD is doing same as EUR, just my opinion.
EURUSD
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pedro319 replied Dec 18, 2014EURUSD I am looking at the following levels for shorts: 1.2344 1.2392 this one has Daily and Weekly pivots + 38.2 Ret, so best R:R, will add shorts upon rejection.
EURUSD
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pedro319 replied Dec 18, 2014EURAUD Another short on Euro. This was on the back of my last posts on EUR and AUD, and a significant .786 Ret Weekly chart on this cross.
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pedro319 replied Dec 18, 2014EURUSD One single pattern for 300 pips move! We are looking at old targets, 1.2190. There might be ops to add shorts before the week ends, will update on this later.
EURUSD
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pedro319 replied Dec 18, 2014GOLD I am looking at potential move down after retracement to 1203 (0.5 Ret) or 1208 (.618), the target is approx 1166. Look for rejection near those levels before shorts.
EURUSD
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pedro319 replied Dec 17, 2014You do wave count? There is no point in guessing, I am well positioned from yesterday's very top, so in for a free ride, took profits at 1.2470 and will take some more at 1.2370. If we have rejection there, then my bias will change.
EURUSD
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pedro319 replied Dec 17, 2014EURUSD I like to consider all possibilities... If market doesn't take 1.2370 lows out this inverse H&S H4 could play it's part.
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pedro319 replied Dec 17, 2014Market is going lower and test 1.2370, after that we will have to see, At first glance doesn't look like the type that is going to go all the way down. I will use it as take profit and then watch PA and work out confluence.
EURUSD
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pedro319 replied Dec 17, 2014I don't want to get into long discussions but I appreciate your answer. If market wasn't logical most times (not always) I wouldn't bother to trade.
EURUSD