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pedro319 replied Oct 16, 2014EURUSD Like I said yesterday, there are some targets to touch on the upside, namely 1.618 Ext 4 hrs chart at 1.2910, that is my favourite place to short. Not very often Euro will skip these levels, price has turned down, but I see it as correction ...
EURUSD
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pedro319 replied Oct 16, 2014Gold This entry is not working as I would like , so I will be scaling in up to 1253 approx area, that is 50 % Ret daily chart, and scaling out as price moves above.
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pedro319 replied Oct 15, 2014EURUSD This price action tells me that 1.2910 will get a visit even if a quick one. That is 1.618 ABCD 4 hrs chart. Euro rarely leaves targets behind. Details: url
EURUSD
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pedro319 replied Oct 15, 2014S&P Touching extensions major tfs on the downside. Brent happy hour about to start.
EURUSD
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pedro319 replied Oct 15, 2014According to what I see now yes. I will elaborate another trading plan to add shorts. There is still momentum, so not exactly the best time to short like crazy.
EURUSD
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pedro319 replied Oct 15, 2014This was a very strong rejection of .786 Ret Daily chart last swing along with bearish patterns. My bias has turned to bearish again.
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pedro319 replied Oct 15, 2014GOLD Sold according to my trading plan. On the post it should be read 1.732 Ext and not 1.702.
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pedro319 replied Oct 15, 2014USDCAD Closing some scalp shorts and will get on with plan to add longs. Will update on this later.
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pedro319 replied Oct 15, 2014I n this case because this is just an ABCD 4 hrs chart you should measure BC bottom to top with MT4 fib retracement tool add extensions and you will see the targets clearly.
EURUSD
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pedro319 replied Oct 15, 2014I closed some at 1.2840 but 1.618 extension at 1.2910 not touched yet 4 hrs chart. On the other side price completed .786 Daily chart last swing.
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pedro319 replied Oct 15, 2014EURUSD Plot these levels on your chart. Targets for ABCD 4 hrs chart. 1.27 extension at 1.2840 1.618 Ext at 1.2910
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pedro319 replied Oct 15, 2014Now we can focus on higher tfs targets. 1.2712 61.8% 4 hrs chart, then 78.6 at 1.2736.
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pedro319 replied Oct 15, 2014I truly hope so, because for me the level is only 25% of the setup, then I need to see reversal candle or candlestick pattern, respective pivots, divergence when possible to commit bigger amounts.
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pedro319 replied Oct 15, 2014ABCD on daily is now complete at 1.1370 and this is also WR2, so good place again to book some profits, and small scalps short. If we break here my main target is completion of ABCD Weekly chart at 1.1679, yearly R3 is 200 pips above. There could be ...
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pedro319 replied Oct 15, 2014USDCAD Next: 1.1386, 1.618 Ext daily chart. This is not the place for longs, price is at MR1.
EURUSD