Not understanding what EURUSD wants to do.. seems some political game... anyway SL hit.

SimpleFib Trading

ahh.. i was waiting for the price to come to 0.8725 with short limit order but just missed few pips. image

SimpleFib Trading

Long at NZDUSD target: 0.85500 SL: 0.8424 image

SimpleFib Trading

ahh.. my short limit order did not clicked on GU; otherwise could be good trade as it hit first target. image

SimpleFib Trading

Took short postion on EU. targeting first target. image

SimpleFib Trading

I am still reading your previous charts and trying to digest it. am v. sloooow learner jus to confirm first you draw red fibo on current month low high (which is not closed yet) then green fib on Friday. Then 4H showed rejection of monthly red ...

SimpleFib Trading

Wonderful ... congratulation and wish you good luck all weeks like this for you image

SimpleFib Trading

Hi Simoneg, How you and when you draw your fib again when you got your targets from first one. For example here is chart of GbpJpy (4Hr). For example if bear targets achieved then where we will redraw them again and when we will do that. second ...

SimpleFib Trading

Thanks now it is clear. I also noticed my candles are lit bit different. Now I put my charts on FxPro which has 5 o'clock candle close so now my charts looks similar to you.

SimpleFib Trading

Hi Simoneg, I am trying to understand the reason to short the NZDUSD, Here are my daily and 4 hr charts. Price is stalling above resistance so should we not consider buy entry? image image

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Are you still in this trade?

SimpleFib Trading

Both are nice trades; Do EJ and EU are correlated, I mean they move in same direction? I used to watch them but now seems EU has its own move. Even today GU dropped badly but EU did not agreed with it.

SimpleFib Trading

Thanks for enc rouging and kind guidance. Have a great vacation and weekend. Take care. Regards, 786

SimpleFib Trading

Hi Sinoneg, Thank you for your guidance. I also just closed my long as it is Friday and dont want to hold it for weekend, also you are right it already met for long tps. Good chance to reverse it. No I did not got a chance to take it. I am still in ...

SimpleFib Trading

Long on cable GU as it is stalling above resistance. image

SimpleFib Trading

Hi Simoneg, One more question. Here is chart of GbpJpy; suppose last two candles are not there. Then the 3 candles before these two first break high then break low of High swing and third candles could not go above it. Can it be short setup signal? ...

SimpleFib Trading

This is just regular Fib retracement indicator but levels are modified. You can find the levels from first thread. url

SimpleFib Trading

Hi Simoneg, Please review my analysis if I have correct procedure. This is GBPUSD 4H chart. When candle #1 closed, I thought that up move is finished as it made kind of pin bar or rejection bar; so I put a sell stop order low of this candle. But ...

SimpleFib Trading

Based on your reply, I am trying to analyze the chart. So this is USDJPY 4 H chart. I market two swings. and draw fibs on them. Now on top marked area when bull targets met, can it be good area to wait for short opportunity here? Thanks.

SimpleFib Trading

Thank you very much. Exactly I was looking for this guidance. I will read it again and again. Very informative. Thanks again.

SimpleFib Trading