Today on GBPUSD – Daily and H4 charts support Short trades, but… — Time of Posting – Thur. Nov. 19, 2009. 07:58 GMT On the Daily chart (attached), though it’s pretty much obvious that we’re now within a medium term bullish trend, current price ...

Hourly Fibonacci Method (Day Trading)

You’re very much welcome Jeff. From my understanding – using a Short trade scenario as an example – traders usually use the lowest price a given currency pair, etc. reached the previous day to determine whether other traders are ready to continue ...

Hourly Fibonacci Method (Day Trading)

Anees, you’re always welcome.

Hourly Fibonacci Method (Day Trading)

Today on EURUSD – Daily and H4 charts support Short trades, but… — Time of Posting – Wed. Nov. 18, 2009. 09:40 GMT On the Daily chart (attcahed), on Wednesday last week, the bulls, seeking to make a new year-high, met fierce resistance less ...

Hourly Fibonacci Method (Day Trading)

Hello Lefteye, quite a while; thanks.

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Final days for the bears? — Time of Posting – Tue. Nov. 17, 2009. 08:56 GMT On the Daily chart (attached), since early this month, price actions have been showing grave signs that the end of longer term bears’ reign is ...

Hourly Fibonacci Method (Day Trading)

Jeff, I must admit you had a detailed work going on those charts – and that’s throwing caution to the wind · Regarding how I determine a swing high, the candle in question must have two lower candles on either side. The candle “A” you highlighted ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY – Daily and H4 charts support Short trades, but… — Time of Posting – Mon. Nov. 16, 2009. 08:31 GMT On the Daily chart (attached), we would notice that the longer term bearish trend is pretty much obvious, and it’s even more ...

Hourly Fibonacci Method (Day Trading)

Jeff, nice to see your post; actually, there wasn’t any swing high broken on my H4 chart earlier today (at times, H4 chart price actions could vary based on trading platforms). On my chart, the white horizontal line @ 1.6800 (shown on the attached ...

Hourly Fibonacci Method (Day Trading)

Today on EURUSD – Daily and H4 charts support Short trades. — Time of Posting – Fri. Nov. 13, 2009. 08:35 GMT On the Daily chart (attached), yesterday, as we anticipated, price continued its downward move and ended as a strong bearish candle. ...

Hourly Fibonacci Method (Day Trading)

Today on EURUSD – Daily and H4 charts support Short trades. — Time of Posting – Thur. Nov. 12, 2009. 14:12 GMT Please NOTE that this analysis is rather late; hence, it’s best suitable for late London and New York Sessions traders. On the Daily ...

Hourly Fibonacci Method (Day Trading)

Today on EURUSD – The bulls, probably, are now in the bears’ zone — Time of Posting – Wed. Nov. 11, 2009. 08:55 GMT On the Daily chart (attached), yesterday, we concluded that the EURUSD currency pair has been trending upward for a number of ...

Hourly Fibonacci Method (Day Trading)

Today on EURUSD – Daily and H4 charts support Long trades, but… — Time of Posting – Tue. Nov. 10, 2009. 10:59 GMT On the Daily chart (attached), we would observe the EURUSD currency pair has been trending upward for a number of days now. From ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – The bears seem to be surrendering. — Time of Posting – Mon. Nov. 09, 2009. 12:57 GMT On the Daily chart (attcahed), things aren’t looking good in any way for the bears. In August, this year, based on higher time frame charts ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY – NFP Rules. — Time of Posting – Fri. Nov. 06, 2009. 09:46 GMT Pls NOTE: Again, if there’s one particular day in every month that trending method/pattern traders should be wary of trading most, it has to be the first Fridays of ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY – This pair and other major pairs seem to be in a consolidation phase — Time of Posting – Thur. Nov. 05, 2009. 11:18 GMT On the Daily chart (attached), since the beginning of November, the USDJPY currency pair, as well as other ...

Hourly Fibonacci Method (Day Trading)

Long Trade set-up on GBPUSD Hourly chart. — Time of Posting – Wed. Nov. 04, 2009. 11:14 GMT Pls NOTE: We now have a possible Long trade set-up, however, as we concluded earlier today, conservative traders should refrain from taking this trade, ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – What now with this currency pair? — Time of Posting – Wed. Nov. 04, 2009. 09:59 GMT On the Daily chart (attached), yesterday, while we held on to our bearish bias, the analysis was concluded with this statement: “…the bears ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Daily and H4 charts support Short trades, but… — Time of Posting – Tue. Nov. 03, 2009. 09:58 GMT On the Daily chart (attached), after a bullish retracement that lasted virtually throughout last week, price seems set to ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY – Daily and H4 charts support Short trades. — Time of Posting – Mon. Nov. 02, 2009. 08:45 GMT On the Daily chart (attached), in line with higher time frame charts, our bias is currently bearish. Since the end of a bullish ...

Hourly Fibonacci Method (Day Trading)