It depends on which Time frame you are working on. Nobody will be sure whether it's time to close longs or not. You can wait for retracement and assess how strong will it be and then make a decision. Have a look at my analysis if you would like. ...

EURUSD

I won't trade it because I am already involved in GBPNZD. Pretty similar imo. This one has a little bullish pattern on 1 hour chart after .786 Ret on 4 hours but here no reversal candle yet which is why stop has to be slightly bigger, ideally a ...

EURUSD

GBPNZD long Reason: After 50% Ret on weekly chart, 61,8 on Daily and now 50% on 4 hours I think there is potential for a 600 pips move upwards. Traders can join in by looking for retracement on hourly chart and preferably confluence with some pivot ...

EURUSD

Thx What are you looking at?

EURUSD

I checked the other day the thread you used to have, very interesting, I guess you didn't have enough time to carry on!

EURUSD

I actually read it twice and thought there was a sentence which doesn't apply, however I am sorry if that bothers you so much. Have a nice weekend. Pedro

EURUSD

EURUSD Technical I expect 1.35 as strong support including 1.3475 (Yearly pivot) which was my previous technical forecast, the reasons behind are too many bearish signs including this last week's Wash and rinse of the previous top, butterfly sell ...

EURUSD

His mandate is not for control of the exchange rate, it's solely control of inflation and price stability. Cheers.

EURUSD

EURUSD Weekly Support 2 + Monthly Support 1 are 30 pips further down.

EURUSD

GBPNZD I am adding small longs and when 4 hour candlestick shows reversal pattern up will add even more. Reason. Swing reversal on weekly and retracement 50% daily chart. Its just a bit risky cause NZDUSD formed 3 bullish drives on the hour but ...

EURUSD

This is last retracement on Daily chart AUDUSD, price turned at .447 (this is a secondary Fibonacci number) instead of the .50 as one would have thought, which makes this level one that we have to account for. I am actually waiting for this move to ...

EURUSD

I will pm you later, got to go now.

EURUSD

If we finish the week with no major pullback, I don't think we are coming back up soon, the weekly candle and the fib levels are quite good for a solid move down.

EURUSD

That is just a Fib number before 50% and comes into play several times. Taking x,n as zero, 0 = C( 1.618 )'0 + D( - 0.618 )'0 = C + D. So, C = - D. Taking x,n as one, 1 = C( 1.618 )'1 + D( - 0.618)'1. Substituting C for - D, 1 = C( 2.236 ). So, C = ...

EURUSD

And Monthly .447 Ret since 2007, but this one is more difficult to assess whether it's already in play or not cause slightly above is yearly R1 and apart from butterfly daily I haven't got anything else. I will Pm you then.

EURUSD

Pound is in a very good position to short (If you did off MR1) however you might have to be patient. 1.618 ext daily + divergence daily and off Monthly R1 I wouldn't marry any position though.

EURUSD

Can I ask you something? Shall I pm you? Cheers.

EURUSD

Both! At least for a bounce and then you can move stops. AUDUSD is the one I will focus on now, is at precisely 61.8 daily.

EURUSD

You are right. It touched the weekly + 50% before going up. Unlike the other main pairs which most touched their own pivots.

EURUSD

I am planning to sell all this strength in USD pairs if possible close to Monthly R1 pivots.

EURUSD