Today on GBPUSD – Daily and H4 charts support Short trades, but… — Time of Posting – Thur. Feb. 04, 2010. 11:32 GMT On the Daily chart (attached), we would observe the GBPUSD currency pair has been in a steep downward trend since Wed. 20th ...

Hourly Fibonacci Method (Day Trading)

Today on EURUSD – Daily and H4 charts support Long trades, but… — Time of Posting – Wed. Feb. 03, 2010. 10:52 GMT On the Daily chart (attached), as expected yesterday, the bulls took control of activities on the EURUSD pair in what we project ...

Hourly Fibonacci Method (Day Trading)

Today on EURUSD – Daily and H4 charts support Long trades, but… — Time of Posting – Tue. Feb. 02, 2010. 12:06 GMT On the Daily chart (attached), we would observe the EURUSD pair has been in a strong longer term downtrend since November, last ...

Hourly Fibonacci Method (Day Trading)

Today on USDCHF – Daily and H4 charts support Long trades, but… — Time of Posting – Mon. Feb. 01, 2010. 08:50 GMT On the Daily chart (attached), virtually throughout last week, price was in a very strong bullish mode, breaking in the process a ...

Hourly Fibonacci Method (Day Trading)

Today on USDCHF – Daily and H4 charts support Long trades, but… — Time of Posting – Fri. Jan. 29, 2010. 12:00 GMT On the Daily chart (attached), from the overall perspective, the medium term bullish trend is quite obvious. Currently, the ...

Hourly Fibonacci Method (Day Trading)

Today on EURUSD – Daily and H4 charts support Short trades, but… — Time of Posting – Thur. Jan. 28, 2010. 10:20 GMT On the Daily chart (attached), as anticipated yesterday, price collapsed further but was unable to close decisively below the ...

Hourly Fibonacci Method (Day Trading)

Today on EURUSD – Daily and H4 charts support Short trades, but… — Time of Posting – Wed. Jan. 27, 2010. 09:39 GMT On the Daily chart (attached), since early December, last year, the bears have been in control of the EURUSD and current price ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY – Daily and H4 charts support Short trades, but… — Time of Posting – Tue. Jan. 26, 2010. 08:22 GMT On the Daily chart (attached), since yesterday, we’ve not seen much change based on our view of recent activities on the USDJPY ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY – Daily and H4 charts support Short trades, but… — Time of Posting – Mon. Jan. 25, 2010. 10:07 GMT On the Daily chart (attached), as stated in one of the previous analyses on the USDJPY pair, there’s a possibility that, with ...

Hourly Fibonacci Method (Day Trading)

Today on USDCHF – Daily and H4 charts support Short trades. — Time of Posting – Fri. Jan. 22, 2010. 10:55 GMT On the Daily chart (attached), we would observe that yesterday’s price action ended in a reversal candle pattern formed around the ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Daily and H4 charts support Short trades. — Time of Posting – Thur. Jan. 21, 2010. 11:20 GMT On the Daily chart (attached), the bearish retracement we’ve anticipated since Tuesday that was initiated by the resistance level of ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Daily and H4 charts support Short trades, but… — Time of Posting – Wed. Jan. 20, 2010. 09:24 GMT On the Daily chart (attached), yesterday, we identified a Daily swing high @ 1.6409 (which we’ve highlighted using the upper ...

Hourly Fibonacci Method (Day Trading)

Thanks Forexhabits, and sorry for the late reply. As you’ve rightly alluded to, I believe the more important thing is to know the story price is telling on higher time frames like the Daily and H4 charts (and above). It helps to see the bigger ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Daily and H4 charts support Long trades, but… — Time of Posting – Tue. Jan. 19, 2010. 09:10 GMT On the Daily chart (attached), as anticipated, the bulls continued their movement yesterday in a very decisive manner, and ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Daily and H4 charts support Long trades. — Time of Posting – Mon. Jan. 18, 2010. 10:43 GMT On the Daily chart (attached), on Wednesday, last week, price broke above a former important resistance level - the most recent Daily ...

Hourly Fibonacci Method (Day Trading)

Freedomsg, sorry for the very late reply, but I guess it might still be helpful to everybody. Your entry and SL seem ok, but I’m not sure if there were other reasons apart from the fibo levels (like previous swing high/lows, pivots, etc.) why you ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY – Daily and H4 charts support Short trades, but… — Time of Posting – Fri. Jan. 15, 2010. 10:20 GMT On the Daily chart (attached), the bears seem set to continue their “campaign” with price breaching the most recent swing low @ ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Daily and H4 charts support Long trades. — Time of Posting – Thur. Jan. 14, 2010. 10:33 GMT On the Daily chart (attached), recent price actions have reversed the bearish trend that we’ve been familiar with for the past two ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY – Daily and H4 charts support Short trades, but… — Time of Posting – Wed. Jan. 13, 2010. 09:40 GMT On the Daily chart (attached), before the close of yesterday’s candle, price broke below the critical support level – the most ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY – Daily and H4 charts support Short trades, but… — Time of Posting – Tue. Jan. 12, 2010. 10:13 GMT On the Daily chart (attached), last week Friday, we discussed the possibility of a bearish retracement based on certain signals ...

Hourly Fibonacci Method (Day Trading)