- Search Metals Mine
-
pedro319 replied Nov 24, 2014USDCAD This is slightly longer term but I expect 1.17. Details here: url
EURUSD
-
pedro319 replied Nov 24, 2014EURUSD Retracement on H4 is not complete yet imo, 1.2454-60 might offer short entry with small stop, I would like to see rejection at that level. If last low on 5 min chart remains we could get that level soon.
EURUSD
-
pedro319 replied Nov 23, 2014EURUSD M1- 1.2190 is .618 Extension Monthly chart and is the main target at the moment, until that gets broken there is no point in talking about levels further down. D1- Retracement on Daily chart is over imo after touching .447 Fib level at 1.26, ...
EURUSD
-
pedro319 replied Nov 22, 2014Here is an example with an H1 chart. Then I look into H4 and D1 using the same method. It looks confusing but overtime you become used to it.
EURUSD
-
pedro319 replied Nov 22, 2014You don't need all the numbers unless you want 1 pip stop. I never said it was easy, if you read the post I said putting them together is hard work, however you get confluence trades where for moves of 1000 pips sometimes you only need 30 pips stop ...
EURUSD
-
pedro319 replied Nov 22, 2014If you add .447 Ret to your fib tool, it should solve the problem. Then, apply the fib tool to the last swing D1 and see where we touched last week at 1.26...same number. I expected the .5 but market made .447 !! I can tell you as well that 1.26 was ...
EURUSD
-
pedro319 replied Nov 22, 2014You don't know whether I am rich or not so let's not speculate. I like to come here, if I do it on a Saturday it may be for a reason. P:S I am not saying I can predict the market 100% of the time, only that market turns 100% from Fib numbers.
EURUSD
-
pedro319 replied Nov 22, 2014This was my trading plan two weeks ago. url I will make a new one and post it here maybe tomorrow.
EURUSD
-
pedro319 replied Nov 22, 2014Fibs work 100 % of the time, the market is all Fibonacci numbers driven with no exception, putting them together is not easy at all but that comes with experience. The reality is that the numbers are there over and over again, if traders see them is ...
EURUSD
-
pedro319 replied Nov 21, 2014It should retrace from 1.2348 but don't expect large retracements now.
EURUSD
-
pedro319 replied Nov 21, 2014GOLD Scaled in for shorts and will scale out if we move above 1210.
EURUSD
-
pedro319 replied Nov 21, 2014EURUSD 1.2350 is 1.618 Extension H4 of current move, next week 1.2259 should be hit.
EURUSD
-
pedro319 replied Nov 19, 2014USDJPY H4 ABCD 1.618 Extension coincides with 2.618 Ext D1, so some confluence and possibility of bounce, I will open a short if rejection occurs, I will close one of my longs as well.
EURUSD
-
pedro319 replied Nov 18, 2014EURUSD Harmonic View. If we break the .786 Ret H4 chances of seeing 1.2630-57 increase significantly. Price broke resistance between 1.2480- 1.2510 and remained above + WPP. If this ABCD fails, usually they turn into Bfly Buy with inner ABCD ...
EURUSD
-
pedro319 replied Nov 17, 2014Brent setup Possible Bfly H1 (very similar situation to EURUSD today) Check other tfs Fibs + pivots for confluence. Enter short upon rejection.
EURUSD
-
pedro319 replied Nov 17, 2014Just because there is a Bfly H4 doesn't mean price has to go down forever, many times .786 retracement holds and move up could resume, this is why I mentioned the WS1 that is very close to .786 Ret H4. If you have entered long your stop should be ...
EURUSD
-
pedro319 replied Nov 17, 2014EURUSD Bfly Sell H4 worked pretty well and now time to figure out where we are going next, was this the natural reaction to fib extensions H4 completion and D1 resistance or the end of retracement and continuation down. Couple of things that I am ...
EURUSD