Forex: EUR/USD, trade briefing (4h time frame) The trade confirmed by price decreasing under the temporary low of 1.35709 but even so didn't worked out well; the price has approached very close to the target and rebounded quite violently and took a ...

Trading using two pivots

Forex: GBP/USD, trade briefing (4h time frame) After closing over the obstacle drawn with yellow rectangle, I've entered buy having the S/L on the pivot of 1.6257 and targeting the temporary maximum of 1.66025, as you can see in the image bellow. ...

Trading using two pivots

Forex: EUR/USD, trade briefing (4h time frame) The pair is about to confirm it's downside intentions, if it goes below temporary minim of 1.35709, but even so the movement is limited to hit only 1.35487 (about 20 pips) which represents the 38.2 ...

Trading using two pivots

Forex: GBP/JPY, trade briefing (4h time frame) The pair just confirmed the upside scenario by breaking over the mini-resistance area, marked with coral ellipse. My trade has the parameters as it follows, as you can see in my trade explorer: ...

Trading using two pivots

Forex: GBP/JPY, short term outlook (4h time frame) Upside potential This is pair is currently in an upside bias, with the price situated over the 169.68 pivot level. Given the current pair's configuration we would be tempted to enter long already ...

Trading using two pivots

Forex: EUR/USD, short term outlook (4h time frame) Upside potential Currently, the price it's in an upside bias, because of it's location over the 1.3621 pivot level. But we are far from clarity, from this point of view. The price has just broke ...

Trading using two pivots

Forex: GBP/USD, short term outlook (4h time frame) Upside potential Currently, the price is situated in the upside bias, over the 1.6257 short term pivot. We are witnessing a an aggressive downside movement, you should not panic and sell ...

Trading using two pivots

dannyrose That is not an issue for me; is about getting disciplined to a higher degree and help others, if I can. The topic is relatively new and the approach, I admit - it's a little odd for many others - there is no indicators, just two horizontal ...

Trading using two pivots

Forex: GBP/USD, short term outlook (4h time frame) Quick update As I've mentioned few times earlier, the price decrease in the upside bias can be shallow and deceptive. The proof of this statement is in the reaction which followed, on this pair. ...

Trading using two pivots

Chapter II Balance of power: Bulls versus bears balance a. Tracing rules But even before tracing the channel, we need to establish if the channel will have a downside slope or an upside one. And to do that, we need a Fibonacci retrace tool, you can ...

Channel analysis and strategy

Forex: GBP/USD, short term outlook (4h time frame) Quick update The coordinates established in the last intervention remain intact, the upside potential it is still present, at the moment. Note that the decrease in price was limited as I had ...

Trading using two pivots

Anyone has the right to say it's oppinion, so I think that those two of the pictured are bad Elliot wave contruction, at least EUR/USD 1h image, that is a tipically 3 wave construction; not in a thousand years that supposed 3-wave is correct. It has ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Forex: GBP/USD, short term outlook (4h time frame) Upside potential As I've said earlier in the post #44, as long as the price stays over the 1.6257 pivot the pair is keen to grow. The pair felt and almost closed under the pivot but rejected ...

Trading using two pivots

Forex: GBP/USD, short term outlook (4h time frame) Upside potential The price hit the temporary high, as I've mentioned in upside potential section of the post no. #39. Now, after adjusting the Fibonacci retrace, the situation in this case is, as it ...

Trading using two pivots

G.Grillz I'm not sure I understand your question leting people judge on those S%R....not sure what to say, man. The s/r are drawn by me so the members could not agree with their positioning, the indicator it's not drawing them automatically, it only ...

Trading using two pivots

Forex: USD/CHF, medium term outlook (daily time frame) Downside potential The price hit the temporary low of 0.88892 as I've mentioned in the post #38.That being said, we have to focus on the next target, which would be 0.86312 (the 127.2 Fibonacci ...

Trading using two pivots

Forex: GBP/USD, short term outlook (4h time frame) Upside potential As long as the price maintains itself over the 1.6257 level, which represents the pivot level beatween up bias zone and neutral bias zone, the price is expected to rise, targeting ...

Trading using two pivots

Forex: USD/CHF, medium term outlook (daily time frame) Downside potential The pair continued to decrease in price as the downward movement from 0.9249 peak continued to stay in the downside bias, under the 0.9208 pivot level. Given these market ...

Trading using two pivots

Sorry but Neely says it can't be, much less surpassing the 100% retracement. You are so wrong....

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

The wave number 2 is not allowed to pass 61.8% of the wave 1, wright?

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE