EUR/GBP, short term analysis The pair, not only that respected in a specifically fashion our neutral trend continuation, from the post no.10, but continued it's upside movement towards the 0.8584 pivot. The pivot was mildly broken and in this moment ...

Trading using two pivots

As I've tried to hint in the beginning of the topic the pivot points are visually drawn. There are no secret formula and so on. Like in the following example: image Two simple lines which connect the most important zones, visually you can very ...

Trading using two pivots

By PP do you mean potential profit or profit proportion, or something else?

Trading using two pivots

EUR/GBP, short term analysis A tricky question, a tricky answer From the 0.85159 level, this week high, the price has fallen nearly 100 pips, until it reached 0.84201 in a firmly movement. The bias is still neutral because it is situated between the ...

Trading using two pivots

EUR/USD, short term analysis The pair broke the 1.29332 temporary low, now is on the 1.28971 and made approximate 35 pips if you placed a sell stop under the 1.29332 as I have recommend it yesterday morning. Now, given the current market conditions, ...

Trading using two pivots

EUR/USD, short term analysis - conclusion Looks like the EUR/USD pair is going to develop the bearish scenario, the one containing the violent break of the pivot level of 1.2985 and marching firmly to the low of 1.29332 (for confirmation) and later ...

Trading using two pivots

EUR/USD, short term analysis After the breach of the 1.2985 pivot, the price couldn't not sustain itself in the down bias and crossed the pivot entering in the neutral bias. We only have two options if the price: 1. Remains in the neutral area and ...

Trading using two pivots

The main issue with this approach is not the profitability but the fact that you cannot trade 24/7. Only an expert adviser could solve this issue. I have trade it with some mild results. I was frustrated because sometimes I have missed some great ...

Trading using two pivots

I agree with you. The indicator was not my creation, a member from another forum made it. With or without it it's only for coloring the areas, that's all. Anyway if here is anybody who can improve this indicator I would be grateful. Thanks

Trading using two pivots

Updates EUR/USD: On the sell trade opened from 1.29873 level, I have modified the stop-loss on 1.3221 (from the previous change of 1.32238), which measures now 233.7 pips. GBP/USD: On the sell trade opened from 1.60787 level, I have modified the ...

Trade signals

Updates EUR/USD: On the sell trade opened from 1.29873 level, I have modified the stop-loss on 1.32238 (from 1.32249), the stop-loss is now 236.5 pips. GBP/USD: On the sell trade opened from 1.60787 level, I have modified the stop-loss on 1.55433 ...

Trade signals

Make at least an analysis based on the image you have provided, because we are in blur, this way. Not to mention that the Fibonacci retrace is kind of chaotic. Details, please. Cheers!

USD/JPY Discussion

Wouldn't be better if you redraw the trend line, because has been invalidated once on 84.16 level? And looking that way you would certainly see if there is a clear break-out.

USD/JPY Discussion

error — As far I am concerned, the wave 2 is not allowed to retrace more that 61.8% from the wave 1 so your labeling is wrong for certain. You need a re-check of your labeling.

Elliott wave outlook

can anybody put an img with this pair and its value under it? Thanks

USD/JPY Discussion

GBP/JPY, short live entry — I have waited for a little retrace after the initial 124.995 downward movement (on which is measured the black Fibonacci retrace). The price retrace only 38.2 from that movement (Fibonacci painted in black) ...

Fibonacci Trading with Bobokus