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pedro319 replied Jun 11, 2014Target reached. looking for reaction from this level to enter long. Target for next move if we get reversal from here is approx 106.55 this is 1.27 extension daily chart.
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pedro319 replied Jun 10, 2014GOLD We should have nice setup around 1270, this is completion of ABCD 4 hours chart and Monthly pivot that hasn't been tested yet + weekly R2. Good confluence for short trade. I will update this when we get closer.
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pedro319 replied Jun 10, 2014GBPUSD I still expect this pattern to complete it's target, It's been really slow but hey, that is Forex! If you are not in, this is not a good place to short,wait for retracement to daily or weekly pivot to short it along with precise fib number on ...
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pedro319 replied Jun 10, 2014Things like this go particularly well with my strategy. Thank you.
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pedro319 replied Jun 10, 2014Price as taken out the .786 Daily ret so closed two positions in red, I am leaving one open and will close it if price closes above Weekly R1. Obviously didn't add anymore cause we didn't get the pinbar, still price action looks suspicious, my bias ...
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pedro319 replied Jun 10, 2014[quote=pedro319;7522614] This is nice level for longs. We have candlestick pattern on 4 hours chart, bullish engulfing/ Rail track+ butterfly target stands at approx 1.3750, monthly pivot + overbought Daily. GL Adding longs as 1.3500 low is the ...
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pedro319 replied Jun 10, 2014I expect this move down to stop around monthly pivot and 50% daily chart + 1.618 Ext 4 hours chart approx. Will analyse pa from there and try to build a long trade that ideally should last a couple of weeks.
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pedro319 replied Jun 9, 2014AUDUSD Despite last week's upward price action I still think this is a sell. At the moment price is touching 61.8 Ret hourly chart after Daily 78.6 Ret. If we get daily pin bar that will give us extra confidence in taking the trade. I am only ...
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pedro319 replied Jun 9, 2014If you do fibs I am pretty sure you know how to get those pin point entries, confluence of several fib numbers (different time frames) + pivots or something else and using high volatility pairs. Now the question is, some of these entries will ...
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pedro319 replied Jun 9, 2014I have learned to trade with people from whom I have never seen any live accounts. The only thing that should worry one is the method, anyone can make 3000%, the question is how??
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pedro319 replied Jun 9, 2014USDJPY Should go lower first. Bearish engulfing pattern Daily confirmed plus .786 Ret 4 hour chart.
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pedro319 replied Jun 9, 2014This is nice level for longs. We have candlestick pattern on 4 hours chart, bullish engulfing/ Rail track+ butterfly target stands at approx 1.3750, monthly pivot + overbought Daily. GL Adding longs as 1.3500 low is the invalidation point for the ...
EURUSD
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pedro319 replied Jun 8, 2014EURUSD Technical: We have reached 1.35 main support and this bounce is perfectly logical. Price hasn't tested Monthly pivot yet and this level becomes even more interesting as it represents 50% retracement at 1.3750. On the lower side I will be ...
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pedro319 replied Jun 4, 2014USDJPY Looking for scalp short entry with tight stop! Risk: price hasn't touched MR1 and has some strenght yet. Reason: Daily 61.8 Ret swing before last+ Monthly R1 above. I expect some retracement down for long trade around 101.75, 50% Ret plus ...
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pedro319 replied Jun 1, 2014You can always check on the link I gave you and trade only the ones that on the previous day had ATR above 100 pips (Top Movers list)! GL
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pedro319 replied Jun 1, 2014May be the TRY pairs and GBPNZD but I am pretty sure you can find this info here: url
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pedro319 replied Jun 1, 2014GBPUSD Nothing wrong in starting to scale in short from this area up to 1.6788 area, if prices passes it than I would advise to close some and wait for next set up.
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pedro319 replied Jun 1, 2014AUDUSD Same technicals as for my previous post, only the pivots have changed, for now weekly central pivot stands below.
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pedro319 replied Jun 1, 2014EURUSD Technical: The picture remains the same as in my last update and levels mentioned played their part. Now the levels I consider within my research include 1.3670- Double top Neckline Daily chart and new Weekly Resistance 1 + aprox 61.8 % Ret 4 ...
EURUSD