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pedro319 replied May 5, 2014I would wait for this 4 hour candle to finish, this level is appropriate for a long if this candlestick pattern confirms+ we haven't touched weekly pivot. Also this is daily S1. Just my opinion. GL
EURUSD
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pedro319 replied May 5, 2014GBPUSD Price has touched .447 Ret on Monthly chart (huge thing) 1.618 Ext Daily chart + divergence and hasn't touched weekly pivot yet, no reason why it shouldn't work. Cheers
EURUSD
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pedro319 replied May 5, 2014Beginning of the year, month, week, day, most of my trades (90%) are against central pivots. Very simple and works better when market is like this. 70% chance price will hit 1.3844...
EURUSD
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pedro319 replied Apr 29, 2014I will use next retracement 4 hours to add more. Previous techs resume after .786 Daily Ret.
EURUSD
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pedro319 replied Apr 29, 2014Took a while... closing some. Reason: .447 Daily + weekly support 2
EURUSD
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pedro319 replied Apr 28, 2014All good apart from NZDUSD, though it was only half surprise as AUDUSD after 50% 4 Hr resumes downfall along with S&P after 61.8 ret 4 hour chart. Waiting for USDJPY to calm down to short more. Cheers.
EURUSD
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pedro319 replied Apr 28, 2014Stops to be. Let's see what type of daily candle we are getting here!
EURUSD
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pedro319 replied Apr 28, 2014EURUSD Another good selling opportunity imo... Reason. Daily .786 Ret + Weekly pivot R1 + Daily pivot R3.
EURUSD
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pedro319 replied Apr 27, 2014USDJPY, S&P shorts went well. now retracements are due, after that I expect continuation, will try to post here if any clear setups occur. USDCAD hasn't been so well but I still expect a drop from current levels. NZDUSD Long has been really quiet ...
EURUSD
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pedro319 replied Apr 26, 2014AUDUSD Why did price drop 200 pips? Some people would say it was the fundamentals.. I would just say it was .707 Retracement (last swing) on weekly chart + Monthly pivot Resistance 1 + Yearly central pivot!! Price should keep going down for a few ...
EURUSD
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pedro319 replied Apr 24, 2014Stops to add shorts to BE. Shorting S&P and USDCAD, been chasing these two for a while now.
EURUSD
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pedro319 replied Apr 24, 2014EURUSD Update, This pair at the present is not looking as bearish as before, possibilities for move higher are in my opinion (and against my will) to the upside and mainly because of price turning precisely at 50% Ret Daily chart and holding above ...
EURUSD
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pedro319 replied Apr 23, 2014The only zone that matters is 13866!! That destroys all bearish setups in one go!!
EURUSD
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pedro319 replied Apr 21, 2014Next levels I am watching like a hawk for reversal signs: 13750- This one could start second wing of a Bfly sell on daily chart, its located slightly below weekly support 1 (13774), this level is in between 61.8 and 78.6 required for butterfly. ...
EURUSD
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pedro319 replied Apr 21, 2014This is where I will start looking to short (add shorts) USDJPY for a few days. Price bounced off Monthly Pivot and 50% Ret.of the whole swing up Daily chart. Ideally we could get a reversal candle on the Daily chart and stops could be placed just ...
EURUSD
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pedro319 replied Apr 20, 2014QE might not even be implemented but if it does it might not work at all. The principle behind QE effect in the exchange rate is that investors will seek to protect their returns, the ECB in this case would be reducing the yields of their bonds as a ...
EURUSD