- Search Metals Mine
-
pedro319 replied Nov 6, 2014One thing is AB=CD another is ABCD. For the latter I measure BC swing, pull your fib tool and apply from bottom to top. If you do that you will see that currently we are at 1.27. For AB=CD you apply expansion from the whole triangle ABC. I only go ...
EURUSD
-
pedro319 replied Nov 6, 2014GOLD Price at strong support MS1 + WS1. This is one of the levels from which we could see a retracement, clearing here opens the door to 1102 AB=CD target weekly chart.
EURUSD
-
pedro319 replied Nov 6, 2014EURUSD Next target on the downside 1.2259, 1.618 Ext D1 ABCD. Price bouncing off 1.27 Ext + WS1.
EURUSD
-
pedro319 replied Nov 6, 2014EURUSD As we stand move to 1.2550 and more would be pretty logical, any moves below today's low before reaching these targets will look bearish.
EURUSD
-
pedro319 replied Nov 4, 2014I expected it higher by now but should keep moving up at least to close the gap, Take profit at pivots.
EURUSD
-
pedro319 replied Nov 4, 2014There is no problem, I'd rather have someone who doesn't agree actually saying something otherwise the work I put in becomes pretty much pointless. I told you, it's good to have fundamental view but you still need a technical plan unless you can ...
EURUSD
-
pedro319 replied Nov 4, 2014When you use Fib tool add 1.414 Ext on Weekly chart and you will see 1.1553 along with Monthly pivot Resistance 2. P:S Did you buy AUD?
EURUSD
-
pedro319 replied Nov 4, 2014USDCAD Set for move to 1.1553, extension 1.414 Weekly + 1.618 Ext Daily + MR2 and then 1.17, Ext 1.618 Weekly chart + MR3. Price currently at MR1 so not the best place to get in now. If you find the chance on smaller tfs using the same technique as ...
EURUSD
-
pedro319 replied Nov 4, 2014EURUSD 1/3 of the plan is completed. Price shows harmonic swings on the 1 hr chart and similar retracements. One target for this move could be 1.2592, weekly pivot + .447 Ret 4 hrs chart or if we get a 50% Ret of this move and then move to Extension ...
EURUSD
-
pedro319 replied Nov 4, 2014GOLD Preparing little trip to 1179 (should go higher) , waiting for retracement to complete on 15 mins (currently .618) and respective reversal candle to scalp long.
EURUSD
-
pedro319 replied Nov 3, 2014EURUSD It might be a bit too late today but a move to 1.2540 would be perfectly logical.
EURUSD
-
pedro319 replied Nov 3, 2014AUDUSD This pair is at crucial level, if it clears the lows 0.82 will be in sight. There is a Bfly Buy on 4 hrs chart and very close to MS1. If I get reversal candle will try scalp long from here.
EURUSD
-
pedro319 replied Nov 3, 2014I took the first round adding longs from there long ago and was planning to do the same now, but I had an ABCD on the 4 hrs that targeted 1.1150 aproxx. I thought it was safer to get long from 1.1073 and I try to recommend only trades here that I ...
EURUSD
-
pedro319 replied Nov 3, 2014I wanted to add way more at 1.1073, 61.8 Rt but price didn't come. So I had to stick to 50%.
EURUSD
-
pedro319 replied Nov 3, 2014If you talking about the D1 Ret then my target is 1.1544, 1.618 Ext from BC but if you look at the Weekly you get 1.17 using the same procedure, Or we are just calculating extensions slightly different which doesn't matter as long targets are the ...
EURUSD
-
pedro319 replied Nov 3, 2014USDCAD I have slightly different opinion in relation to targets, selling here is not bad (close to pivots resistance) as long you don't marry any positions. Trend is up and we could reach 1.17. Only my opinion.
EURUSD