I had to study that too, it connects to supply and demand theory. Just wanted to know where you stand. Thank you for replying. Economists struggle because they can't understand how price can be driven by techs and often endure long draw downs until ...

EURUSD

So you don't believe in technicals but you rely on them for your entries!

EURUSD

I look at least to 4 tfs: 1 hour, 4 hours, Daily + Weekly. Most of the time it's the relationship between them that is important. If you are interested in Harmonics then you will have to read a bit about it until it makes sense. I can recommend ...

EURUSD

Fibs work 100% of the time, just not the way most people use them!!

EURUSD

I was looking at the 4 hrs chart, there might be confluence yes. That 1.2715 is .447 Retrace 1 Hr chart, so suitable for ABCD that you have there, also the angle is appropriate. Unfortunately I haven't got a way of looking at my charts atm.

EURUSD

Next levels to look for signs of reversal in case we clear this level are: 1.2614, .618 Ret 4 hrs chart and then 1.2575 Weekly pivot, .786 Ret stands slightly below. If this is an impulsive move resuming the trend price should pass all of them. ...

EURUSD

Where do you see this 100% ? Can you show me please? Thanks.

EURUSD

No one knows where price is going...I have a theory about it but I am not going to get into it. Let's put it this way, I like to think that all trades carry same probability and provided I have an edge I should make money consistently, If I thought ...

EURUSD

EURUSD 2 things to think about. If weekly candle had finished today, we would have a bullish engulfing right from .786 Ret Weekly chart from 1.2050 to top. This move up had to happen in order for pivots to be tested, it happens 70% of the time! If ...

EURUSD

Imo opinion when .786 breaks. If it holds and we have reversal swing let's say 1 hour, the ABCD will point exactly there. There is only a problem sometimes is difficult to know which swing to consider, otherwise it would be too easy.

EURUSD

I don't know where price is going. I need to have a plan to trade and that is one of them. It doesn't have to be necessarily this year, if CD leg is as fast as AB (15 months) Monthly chart, CD leg is already 5 months, but we only need 61.8 ...

EURUSD

I expected 1.2808 after it broke 50% that would have been 61.8 plus an extension 1.618 on the 4 hrs, was my next level to sell. So when I say that price always turns from Fib levels with no exception, the 1.2790 was 2.618 Ext hour chart + Ext 1.414 ...

EURUSD

Nothing wrong with that. You know what most people don't. That is how I got a 61.8 extension at 1.2190 on the monthly chart.

EURUSD

Last time I replied to you, you just vanished without saying anything. It took me a bit of time to put the chart with the levels and a proper answer like I think you deserve. Let me elaborate an answer for you.

EURUSD

GBPUSD Not to the pip but a very obvious reversal candle.

EURUSD

USDCAD Stops BE.

EURUSD

Fibs (alll levels and tfs) + candlesticks + pivots works for me.

EURUSD

EURUSD 1.2650 is major level to look for. WR1 retest from the upside + .786 Ret 1 Hr chart very last swing (suitable for another ABCD up). Look for reversal candles or candlestick patterns. Otherwise leave it to run.

EURUSD

USDCAD Added longs, will cut losses under the low and try again from lower. This is in line with our long term targets. Price just bounced off Monthly pivot + 50% Ret 4 Hrs whole swing. There will be another Fib confluence at 1.1051. 1.618 Ext 4 Hrs ...

EURUSD

EURUSD Level respected to the pip. Now price seems to be returning and I see 1.2808 as another one that could play out a bounce and even reversal back down. That is 61.8 Ret daily chart + 1.618 Ext 4 hrs from last swing. GBPUSD Good R:R Sell at ...

EURUSD