Today on GBPUSD - Daily and H4 charts support Long trades, but… — Time of Posting – Fri. Oct. 30, 2009. 08:17 GMT On the Daily chart (attcahed), while our overall bearish bias is still valid, it’s been consistently challenged by the bulls. ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY – Daily and H4 charts support Short trades, but... — Time of Posting – Thur. Oct. 29, 2009. 08:16 GMT On the Daily chart (attached), yesterday, we decided to go with the bears; however, we identified the most recent Daily swing ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY – Daily and H4 charts support Short trades. — Time of Posting – Wed. Oct. 28, 2009. 08:18 GMT On the Daily chart (attached), earlier this week, price attempted to break decisively above a strong resistance-confluence of fib ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Daily and H4 charts support Short trades, but… — Time of Posting – Tue. Oct. 27, 2009. 07:55 GMT On the Daily chart (attached), we concluded yesterday that trading bias was bearish, and our bias still stands. However, by the ...

Hourly Fibonacci Method (Day Trading)

Thanks Dalla. Yes, the analysis is suitable for lower time frames. You’ll only need to do your overall top-down analysis properly.

Hourly Fibonacci Method (Day Trading)

Thanks Mike.

Hourly Fibonacci Method (Day Trading)

Goodwings, thanks for your kind words, and hope you – and everyone – had a restful weekend? Again, I would really have loved to post at specific periods, and discuss more currency pairs, but I’m also a trader, and that’s my primary focus. As a ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Finally, the bears gave an unmistakable signal. — Time of Posting – Mon. Oct. 26, 2009. 09:46 GMT On the Weekly chart (attached), the bears gave us a very strong sign that they aren’t just ready to let go: last week’s candle ...

Hourly Fibonacci Method (Day Trading)

Thanks Msmarple.

Hourly Fibonacci Method (Day Trading)

Goodwings, it’s really great to know how much the analyses have helped your trading. Thanks so much for expressing that. And thanks, too, for your insightful and helpful comment.

Hourly Fibonacci Method (Day Trading)

Hello Bomi, sorry I couldn’t reply your post earlier. I’m not always in the market, so it would be difficult for me to offer my views every time – from a day-trade perspective. However, assuming you attached your chart(s), it would’ve been much ...

Hourly Fibonacci Method (Day Trading)

Today on EURUSD – How much longer would the bulls hold this steep move? — Time of Posting – Fri. Oct. 23, 2009. 09:55 GMT On the Daily chart (attached), we would observe the bulls’ unrelenting move since the start of October. Though price, for ...

Hourly Fibonacci Method (Day Trading)

Hello Goodwings, thanks for your kind words. First of all, please be careful about bypassing demo trading; and if you really feel you’re okay going straight to live trading, please don’t risk the money you sincerely don’t want to lose. It's already ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Daily and H4 charts support Long trades, but… — On the Daily chart (attached), yesterday, we observed that the bulls were “shattering a number of resistance levels. The most recent of the levels was a resistance-confluence: ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Are the bears losing total control? — On the Daily chart (attached), we could observe that the bulls are shattering a number of resistance levels. The most recent of these levels was a resistance-confluence: the combination ...

Hourly Fibonacci Method (Day Trading)

Update on today’s USDJPY Short Trade set-up — The USDJPY short trade didn’t completely work out as we anticipated. However, we had enough opportunity to protect our Short positions, and even make a few pips – if we managed our trades properly. ...

Hourly Fibonacci Method (Day Trading)

Short Trade set-up on USDJPY Hourly chart. — Earlier today, we concluded today’s bias is to go Short. The Hourly chart (attached) is currently forming a tradable pattern. Price seems to have bottomed temporarily @ 90.06. Hence, we expect price ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY - Daily and H4 charts support Short trades. — On the Daily chart (attached), in the past two weeks, we’ve been experiencing a bullish retracement in a strong downtrend. We expected price to move up toward the ...

Hourly Fibonacci Method (Day Trading)

Today on GBPUSD – Are the bears ready to take over? — On the Daily chart (attached), we seem to be getting signals that price is probably set to resume its movement in direction of a strong downward trend – supported by the Weekly and Monthly ...

Hourly Fibonacci Method (Day Trading)

Today on USDJPY - Daily and H4 charts support Long trades. — On the Daily chart (attached), earlier this week, we expected further bearish movement – in line with the major downtrend, however, the bulls proved they weren’t prepared to let go ...

Hourly Fibonacci Method (Day Trading)