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pedro319 replied Oct 23, 2014GBPUSD Bought at 61.8 Ret 4 hrs + daily S1, data was bad. If price breaks below then 1.5934 is the target, WS1. I will look into smaller tfs and find a setup to add more in case we get reversal candles.
EURUSD
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pedro319 replied Oct 23, 2014My post means: If you have a short view of the market you trade against 1.2666!
EURUSD
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pedro319 replied Oct 23, 2014USDJPY First extension 1.13 reached at 107.55, price should proceed higher.
EURUSD
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pedro319 replied Oct 23, 2014EURUSD 4 hrs close above 1.2666 will make it look more bullish.
EURUSD
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pedro319 replied Oct 23, 2014EURUSD This was response to Weekly S1 and .707 Ret daily chart, later we will see whether this is a bounce or full reversal.
EURUSD
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pedro319 replied Oct 23, 2014EURUSD Levels I am looking at: 1.2657 23.6 Ret 1 Hr chart 1.2675, daily pivot point + 38.2 Ret 1 hour chart. 1.2712, R1 Daily + 78.6 Ret 1 hour chart. 1.2682, 23.6 Ret 4 hs chart, if we go to WS1 at 1.2624 first I have to re draw the lines to get ...
EURUSD
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pedro319 replied Oct 23, 2014USDJPY Another setup in the making. This will be a good test to assess how bullish is this pair. This ABCD 1.618 Ext 4 hrs (108.10) is very close to daily 61.8 Ret at 108.22 both slightly above Monthly pivot point and WR1. You can look for similar ...
EURUSD
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pedro319 replied Oct 22, 2014You bought right from 61.8 ret from 1.25, nothing wrong with that as long you keep tight stops. Only a close above 1.2680 will confirm new swing 1 hour chart.
EURUSD
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pedro319 replied Oct 22, 2014EURUSD 1.2706 should hold for bears, any close above will look bullish.
EURUSD
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pedro319 replied Oct 22, 2014A close above this level 1 hour chart and then 4 hrs will indicate North. Your stop was well placed imo.
EURUSD
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pedro319 replied Oct 22, 2014I see the same. Last low on 4 hrs chart is 61.8 Ret of last swing + weekly pivot.
EURUSD
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pedro319 replied Oct 22, 2014USDCAD Retracement continues. Price currently challenging 38.2 Ret 1 hour chart + pivot point. On the 4 hrs chart price already touched 61.8 Ret (that is the risk of adding here) but if if breaks I expect to see this ABCD targeting initially 1.1156 ...
EURUSD
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pedro319 replied Oct 22, 2014EURUSD 1.2665-70 seems attractive for longs, that is 1.618 Ext 4 hrs chart + Daily S1. If price breaks below I only see 1.2624 as relevant, WS1 + natural support same tf. Otherwise just looking for reversal candles 1 hr and 4 hrs.
EURUSD
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pedro319 replied Oct 22, 2014GBPUSD Will try long from 1.6100 until 61.8 Ret 4 hrs gets broken. This is also Daily S3 area.
EURUSD
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pedro319 replied Oct 21, 2014EURUSD Don't forget to take some profit, stops BE and wait for final target. WR1 at 1.2890 is 3.618 Ext of last ABCD 1 hrs chart, so the zone between that and 1.2910 get all my attention.
EURUSD
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pedro319 replied Oct 19, 2014EURUSD Update to previous posts. Gartley Sell pattern Daily chart 1.618 Extension (inner ABCD 4 hrs) completion at 1.2910. Possible harmonic scenarios 1 hour chart for scalp long. A- ABCD 1 hr 61.8 Ret at 1.2723 + daily S1 B- ABCD 1 hr 1.27 Ext at ...
EURUSD