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pedro319 replied Sep 9, 2014EURUSD Monthly chart Technically and even fundamentally could happen. First barrier 1.2787 then 1.2190 minor 61.8 extension Best R:R entries short around 1.3220-50 area. Then: 1.3130 1.3000 1.2930 This is just an exercise of harmonic swings that ...
EURUSD
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pedro319 replied Sep 9, 2014AUDUSD Pa close to Monthly S 2 + 38% Retracement Weekly at 0.9187, Weekly S3 stands at 0.9154. I will be watching whether we break that fib level or any reversal candles from here.
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pedro319 replied Sep 9, 2014Read this if you like, you will understand why that happens. url Cheers.
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pedro319 replied Sep 9, 2014USDCAD Wait for reversal candle 4 hours or candlestick pattern to sell. Stops above it.
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pedro319 replied Sep 9, 2014USDJPY Pa seems to be forming Bfly Sell 15 Mins chart (this is not a call to trade) could give us further clues as to where will it turn down. 1.27 was already reached. This is within the context posted before.
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pedro319 replied Sep 9, 2014USDJPY If price comes down to 105.83 will add longs again otherwise will wait for 106.50/70 to start short positions. I still believe a there are targets to be completed posted here before. USDCAD The same goes for this pair, I will be looking to ...
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pedro319 replied Sep 8, 2014USDJPY We had the due bounce next target 106.52 Weekly R2 + 1.27 Ext Weekly larger swing. USDCAD Next target 1.1015 This is 1.618 Ext Daily chart and Bfly Sell, as well 61.8 Ret weekly chart. Copper Stops should be BE and let's just hope for target. ...
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pedro319 replied Sep 8, 2014GOLD This is the only thing at the moment: 3 Bull Drives + downward slope + bullish engulfing, all in 1 hour chart. PA has closed below MS1 (so risky) but trying to close above WS1 this is also 1.618 Ext previous swing 4 hours. It's risky so better ...
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pedro319 replied Sep 8, 2014USDCAD PA almost at MR1, not bad if you want to take some profit, extension 1.618 4 hours chart is slightly above, but price usually reacts to pivots.
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pedro319 replied Sep 8, 2014USDJPY Taking profit at specified first level and open small scalp short to test the waters, that will be 1.618 Weekly chart + MR2, we should see some reaction.
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pedro319 replied Sep 8, 2014EURUSD If 1.2980 survives I will be looking to short to 1.2898, 1.618 Ext BFly Buy 1 hour chart. Will post it here later.
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pedro319 replied Sep 7, 2014AUDUSD Where is the best R:R to sell? 2 levels I think might prove good: 1- 0.9424, 1.414 Ext + .786 Ret last swing daily chart 2- 0.9450, 1.618 Ext + .786 Ret swing before last daily charts + Monthly Resistance 2 It's possible to scalp long as ...
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pedro319 replied Sep 6, 2014USDCAD This is the Bfly I was talking about. Now couple of moments we need to see here: The retracement down was more than .786 Ret 4 hours chart (.864) but this still allows harmonic formation as long the low on daily chart remains, I prefer to see ...
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pedro319 replied Sep 6, 2014USDJPY Pa closed above MR1 and that is a sign that confirms bullish power, as well first extensions were broken pretty quick. Next confluence level is located at 106.03 this is 1.618 Ext Weekly chart + MR2, use pullbacks to add more. If you look at ...
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pedro319 replied Sep 6, 2014Copper After trading the red Bfly Buy (posted here) we can try to anticipate the formation of another Bfly this time a Sell. So far the ratios are looking good and there is only 1 condition I would like to see met. 1- PA close above Monthly Pivot. ...
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pedro319 replied Sep 5, 2014We can find other technical reasons for price stopping here. Price stopped precisely at Monthly Pivot Support 2, + .864 Ret from last swing weekly chart from 1.27 to 1.40 and 2.00 Extension of very last swing. These are the ratios of bullish pattern ...
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pedro319 replied Sep 5, 2014GOLD PA seemed to have cleared 1264, next resistance 1 hour chart stands at 1269.74. All entries should have BE stops. Take some profit at specified levels cause you could end up with nothing if NFP goes against you.
EURUSD