Good setup on USDJPY! Short low risk. I can post charts if anyone interested. Reasons: Overbought + 2.618 Ext 4 Hr+ 1.128 Ext Daily + 0.707 Ret on Weekly. 30pip risk max. You can wait for the daily candle close for more confirmation.

EURUSD

Self explanatory...

EURUSD

GBPNZD If this level holds we can get 200 pips up easily!!

EURUSD

I am looking into de Aud pairs from these levels for a long too, but going to wait for the daily candle to close tonight.

EURUSD

You can check my post on friday, the only difference you will see is on the weekly chart where price was .786 ret and completed .864. Cheers. url

EURUSD

Daily and weekly pivots tested already... there is still Monthly pivot at 1.3700! My bias is still down after retracement on weekly chart .864

EURUSD

Technically there are 3 pivots that need testing!! Daily, weekly and Monthly, all of them have 70% probability. I tend to think that price will complete technical targets and the patterns with or without fundamentals, of course its good to know what ...

EURUSD

Thanks for the update. You can take that into account and trade the technicals that you see! Cheers.

EURUSD

100% Harmony in most timeframes and finally a sell signal on weekly chart...if 1.3830 region resists (this week) we might have very heavy selling starting next week and for a longer period of time. Weekly chart attached: .786 retracement of the last ...

EURUSD

EURUSD Weekly- Still no signal to sell Daily- Signal to buy at .447 Ret 4 hours- Buy signal at 61.8 ret + Weekly support 2 1 Hour- Sell signal at .707+ 1.618 Ext Conclusion. I will buy again on next hourly retracement down, preferably .786. Selling ...

EURUSD

70% probability we will test the weekly pivot at 1.3655

EURUSD

Weekly pivot 13655

EURUSD

Following my post on Sunday on AUDJPY...

EURUSD

Who knows who's right? However let me tell you something: Once I met a guy from Morgan Stanley whom obviously I wont say the name and he just said this to me: You can never know where the price is going next because we are the ones that move the ...

EURUSD

It makes perfect sense, let's see: Last week traders were most net short in weeks, Italian Prime Minister said he will resign...If it had been the other way around then price would have dropped at least 200 pips like last time there were problems in ...

EURUSD

Great post! Agree 100% Cheers.

Simple Market Flow Trading System

I don't want to create a discussion around this concept, you are right, supply and demand but you never really know the size of the orders respectively, its still a game of probability where you play your edge (in this case analyzing support and ...

EURUSD

I do think Fx (trading in general) has great similarities with gambling, the only thing here is that you are trying to be the casino and play a sample on whatever edge you have got. Any trade doesn't matter what kind of setup, is based merely on ...

EURUSD

You are absolutely right!! A waste of time. I was just trying to make a point on how far this type of analysis goes, if you trade intraday you can use 1 min charts to enter trades (way more false signals) that I have no doubts, but then you have to ...

EURUSD

The size of the stoploss only relates to the timeframe you are trading. Imagine you have a turn in price right at 78.6 ret down (my fave) on the 4 hour chart and the candlestick is a reversal (up) or at very least seems to be reacting to that level ...

EURUSD