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SteFX85 replied Oct 27, 2017Hey guys, Thought I would stop by to share my toughts. I think we are in a third intermediate corrective wave (C), we broke the triangle and found support at FE 61.8 (1.162). Possibly we are entering a retracement to kiss the triangle or ...
EURUSD
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SteFX85 replied Oct 27, 2017Looks like we are in minor wave 1 of corrective wave c. Maybe a retracement to kiss the triangle, but expecting more down movement. Possible target 1.130x before we head back up for primary wave 3. Daily Primary - Intermediate image H4 ...
EURUSD only
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SteFX85 replied Oct 26, 2017I have thought about that too, but it's the triangle that made me decide this way, if primary wave 2 is completed we also complete primary wave 3 which is made out of 5 intermediate waves but doesn't form a higher high. And triangles form usually ...
EURUSD only
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SteFX85 replied Oct 26, 2017This is what I think is happening now, we have completed the intermediate corrective B wave for completion of the triangle and will begin wave C downward to complete our second primary wave. The highest probabilty to FE 61.8 which is the same heigt ...
EURUSD only
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SteFX85 replied Oct 25, 2017Update on my plan Short Entry @ 1742x , S/L @ 90PIPS, T/P +270 PIPS. R/R 3/1 Daily image H4 image H1 Looks like a flag on H1. image
EURUSD only
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SteFX85 replied Oct 24, 2017I did my analysis on EUR/USD and it looks quite bearish to me. Looking at a head & shoulders pattern on the daily, uptrendline broken. Momentum EMA 5 / SMA 8 on the daily is down. This could be a correction in long term uptrend. Looking for next ...
EURUSD only
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SteFX85 replied Aug 15, 2017Ok thank you, I am currently trading demo with FxPro. When going live is there a broker you would recommend? Since I trade swing with S/L >25 PIPS this shouldn't be a big problem?
EURUSD
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SteFX85 replied Aug 15, 2017I've read forex is scam because of the brokers, is this real? How do you hide it?
EURUSD
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SteFX85 replied Apr 12, 2017Daily Nice Up momentum today, moved my S/L to breakeven. image H4 Looks like a bounce on the red TL. Maybe further down for a break of the wedge support? image H1 For me a break of 069x would be decision point for new uptrend. image
EURUSD
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SteFX85 replied Apr 10, 2017Hi Guys, I took a long @ 057x with 50 pip S/L @ 052x Aiming for 081x Level to watch 069x. Daily image H4 image H1 image
EURUSD
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SteFX85 replied Apr 4, 2017Still no momentum but a lot of news tomorrow. Nice reject on TL tough. H4 image Close call on H1 H1 image
EURUSD
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SteFX85 replied Apr 4, 2017Yes I was only speaking from theoretical view. Market could go in any direction at any point. There will always be some clues behind it.
EURUSD
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SteFX85 replied Apr 4, 2017Yes a falling wedge after an UP trend is a continuation pattern but in most cases doesn't last longer than 3months. The breakout of your resistance line tough would be a good place for longs. Breakout of your support to go short. A retest on those ...
EURUSD