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pedro319 replied Jul 18, 2014USDJPY and S&P Opened longs at support Both have shown positive divergence on 4 hours chart with good support.
EURUSD
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pedro319 replied Jul 18, 2014GOLD Our target for retracement was met to the pip, direction is down as price struck against 61.8 4 hours chart at 1325 , stops should be above 78.6. Condition- we should see some acceleration. Copper Same update from yesterday Oil This one looks ...
EURUSD
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pedro319 replied Jul 17, 2014EURUSD Price completed ABCD 4 hour pattern and butterfly buy on 1 hour chart. Target for these patterns stands at around 1.3570/ 1.36. I am still bullish as long we are above 1.3470/ 1.35. With this PA you can trade with very tight stops anyway. ...
EURUSD
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pedro319 replied Jul 17, 2014USDJPY Good location for intraday reversal. Daily S3 + 50% Ret 4 hours. longs added. Will close them below 61.8 Ret 4 hours.
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pedro319 replied Jul 17, 2014GOLD Retracement started from support area, 1313 and 1325 are acceptable targets. Copper Large Bfly sell from Monthly R1 + .707 Ret Weekly, very similar to Gold, I think first leg down is not complete, you can wait for retracement on smaller time ...
EURUSD
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pedro319 replied Jul 17, 2014USDCAD Rejection from the 50% Ret Daily (last swing) negative divergence, on the way down we will estimate whether this was just a retracement up or a reversal by the amount price will now retrace. We might as well have a look at the weekly chart on ...
EURUSD
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pedro319 replied Jul 16, 2014They will often turn to elsewhere, there are loads of other instruments actually moving.
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pedro319 replied Jul 16, 2014GOLD Price was very close to our predefined support 1290 reversal could appear from here. This is 50 % Daily+ and Monthly pivot area + weekly S2.
EURUSD
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pedro319 replied Jul 16, 2014USDCAD All targets reached for this trade. Price now stands at Monthly pivot + Weekly R1 + .447 Ret Daily. Our Initial plan was to catch when price turns back down, this area is suitable however we need to see price rejecting this area or the 50 % ...
EURUSD
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pedro319 replied Jul 15, 2014OIL Bouncing very strong from good confluence 1.27 Ext Daily + .864 Weekly and daily S3. Will see how daily candle looks like end of the day.
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pedro319 replied Jul 15, 2014OIL Price at .786 Ret Weekly, awaiting any reversal signs from here. 106.94
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pedro319 replied Jul 13, 2014GOLD Update Technical: On previous week I said that area of probable retracement would be 1290 area, price didn't quite reach it and turned back up to touch .707 Ret weekly chart (last swing) without forming any reversal pattern on Daily chart. ...
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pedro319 replied Jul 12, 2014The good news are, all those moves will start from technical levels!!
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pedro319 replied Jul 11, 2014OIL No signs of reversal and price went through Monthly S1 and Yearly pivot rather quickly reaching weekly S3. Probably heading towards .786 Ret weekly which is the last level I will look into.
EURUSD
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pedro319 replied Jul 11, 2014USDCAD First target reached. The speed of the move could indicate that there is more to come, if you look into the weekly chart you will see that we are bouncing or reversing from 61.8 Ret and there is positive divergence on Weekly chart as well. ...
EURUSD
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pedro319 replied Jul 11, 2014OIL Bouncing nicely from Monthly support 1 and 100% Ret on Daily chart. Looking for scalp long and later bullish engulfing Daily chart or any other candlestick pattern to increase positions size I will post a chart here later. Cheers.
EURUSD