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pedro319 replied Aug 10, 2013It's not about how much you can make in a week rather how much you are currently risking. If you say you made 40% risking 0,5% of your account I would say you are the best trader ever but if you are risking all your account in one single trade you ...
EURUSD
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pedro319 replied Aug 9, 2013I am not trading the H&S on daily but I am not going to ignore it! I trade smaller tf with an eye on the higher.
EURUSD
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pedro319 replied Aug 9, 2013Levels for today EURUSD. If 1.3345 survives next target is 1.618 extension at 1.3443, if it doesnt then we should see 1.3316. Cheers.
EURUSD
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pedro319 replied Aug 8, 2013UCAD has 4hr bearish divergence is coming off Weekly R1 and there is a harmonic formation right at the top where there is confluence and structure resistance. For the moment at least I am on scalp short.
EURUSD
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pedro319 replied Aug 8, 2013This is the chart I posted a couple of days ago. Now we have crucial moments on the EURUSD as the price is getting near the 1.27 extension butterfly sell at 1.3388. We are also close to the top of a megaphone pattern on the weekly chart. Good chance ...
EURUSD
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pedro319 replied Aug 6, 2013Can you place a chart? I tend to rely on butterflies and cyphers more than any other pattern. I think as long 1.3260 remains intact (swing AB) this pattern could work. Thanks for your reply.
EURUSD
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pedro319 replied Aug 6, 2013This is a possibility: 1.27 extension butterfly sell at 1.3388. Cheers
EURUSD
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pedro319 replied Aug 4, 2013Wise words... Thanks for reminding us all about the absolute essential in this industry.
EURUSD
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pedro319 replied Jul 30, 2013There are some possibilities. So far I have been sticking to weekly bullish engulfing, butterfly 4 hour 1.618 extension and ABCD at 1.3350, Euro likes 1.618 extensions, specially after overbought condition recovery. We will see... Cheers.
EURUSD
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pedro319 replied Jul 30, 2013It is good to keep your eyes open and try to see the forest and not only the trees! I am still focusing on 1.3350, 1.618 extension from AB (1.2750-1.3200) that is the only point where I might consider short it.
EURUSD
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pedro319 replied Jul 30, 2013European corporates. Although this is very likely it doesn't mean it will happen today.
EURUSD
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pedro319 replied Jul 29, 2013I see a bounce from the weekly central pivot if the 4hr candle finishes like that. I am looking for the upward trend to resume to our next target 1.618 at 1.3350. cheers.
EURUSD
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pedro319 replied Jul 26, 2013A Wall Street journal article with dovish tones regarding the federal reserves monetary policy has caused severe USD weakness. This cpuld mean further weakness in the next hours...
EURUSD
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pedro319 replied Jul 26, 2013Here you go! In terms of harmonics here situation is very simple! ABCD completed and butterfly at 1.3260 the same as 1.27 extension from AB swing (1.2750 to 1.3200), extension 1.618 stands slightly above at 1.3333 above the monthly R1 and Weekly R2, ...
EURUSD