cable is weak against us and jpy ; may be that is reason eur is also coming down to follow cable.

EURUSD

Thanks; Is it eurjpy daily chart?

SimpleFib Trading

Thanks this I need to understand. I will re-read your thread again. I did not get fully understanding of 19.1 and 80.9 area. I will read it tonight again and will ask you questions with charts. Thank you very much.

SimpleFib Trading

Yes you are right. I deleted the order. Thanks.

SimpleFib Trading

Hi Simoneg, I am looking to short gbpjpy @ 170.71 Do you think it is good setup? any comments/advise please... Thanks.

SimpleFib Trading

Hi Iqyu5an, Nice simple chart. Can you explain why you draw your fib so, I mean how you selected this hi/lo. Also, your sell order is clicked already or it is pending order? If it is clicked already then looks like you took break-out trade?

SimpleFib Trading

Hi Simoneg, Is there any particular reason to choose yen pairs instead of us like GBPUSD, EURUSD or NZDUSD ?

SimpleFib Trading

Thank you and thanks for the nice thread. You explained very well. I am trying to learn this method. I appreciate your hard work and effort.

SimpleFib Trading

I took short on EUR/USD based on daily (intra-day fibo) / daily high-low; Edit: tp is 3680 and 3660 ; will add more short below 3700

SimpleFib Trading

Ya. will watch price action closely for confirmation. Thanks.

EURUSD

short at 1.3723 with target 3680 - 3684 will add one more short around 3700 on pa confirmation sl is 3750

EURUSD

Very well said sir... I agree with you.

EURUSD

why no spkie ..strange behaviour... Canada got goal.. in qf.. wowooo.. watching both games..

EURUSD

Looking to short again on 3808 and 3891. Will look PA first on this level. Edit: today's daily candle close will clear some direction.

EURUSD

IMHO, should wait hourly candle close below the box clearly to go short. I would take a try of short only if price closes below 3675 - 3670 and then retest again otherwise will wait for the next level.

EURUSD

I dont trust the short move unless we get daily candle close below 1.3670

EURUSD

Don't like if eur goes up.. but the pattern indicating that may be it will break up.

EURUSD

Nice PA on one hour. Will start my short positions again from here. My last shorts could not reach my target at 3485; may be this time it will hit.

EURUSD

Very well said; Thank you sir. Now as you closed your shorts of EU, would you consider it to long at some area? or you will wait to move it up to some point/zone and start building again short positions? Thank you again very much.

EURUSD

PA looks good to me ; Holding my shorts ideally till 1.3475 with moving sl

EURUSD