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- Pkurdy replied Jun 17, 2011
If you mean it, you can vote
- Pkurdy replied Jun 17, 2011
The 38.2 FIB level is Confirmed. and the bullish uptrend is unleashed. Congratulations.
- Pkurdy replied Jun 17, 2011
Do not rush — 5M chart. is it 38.2% retr. FIB? Wait for confirmation
- Pkurdy replied Jun 17, 2011
Announcement USD - Consumer Sentiment — If announcement brings price at 50% - 61.8 % FIB Retr., it'll be good long entry after confirming the support of FIB level. However breaking 1.619 will then unleash the bullish trend. GL
- Pkurdy replied Jun 17, 2011
patience is an important part of business
- Pkurdy replied Jun 17, 2011
bE CAREFULL, SHORT NOW IS VERY RISKY
- Pkurdy replied Jun 17, 2011
FIB extensions — The price has reacted forcelly at 100%, hoiwever that doesn't change anything. If it's bullish , then Price will hit easily the other extensions level as shown. GL
- Pkurdy replied Jun 17, 2011
Hi, King Remember that below 1.61 we could not long and must be cautious. However targets of long as shown in Gann levels, 1.6180 - 1.6280. But prices may act at 38.2% , 50% and 61.8% FIB levels - retracements of the downtrend.
- Pkurdy replied Jun 17, 2011
Demand Zone above 1.61 — Why 1.61 is a demand zone? First:- There is a divergence in the RSI(14) - 1H chart . Second:- Gann Level 1.61 in daily chart (cyan line). Third:- It closes above the trend line in daily chart, where a symtric triangle ...
- Pkurdy replied Jun 15, 2011
A very nice south move. Surprise.
- Pkurdy replied Jun 15, 2011
Good morning. Any time you welcome. It always happen to everyone to search for something he wants. So I think this forum helps us to see the market from diff. perspective. Have a nice trading
- Pkurdy replied Jun 14, 2011
Very warm comments. Hope that other traders adopt your kindness in discussion. GL
- Pkurdy replied Jun 14, 2011
Congratulations for sellers. Unfort. some people left the market earlier.
- Pkurdy replied Jun 14, 2011
It is obvious that PA could not be close above Gann level of 1.6318 . And the RSI of 62.28 could not be breached above. So buyers still weak. GL
- Pkurdy replied Jun 14, 2011
Descending Triangle in 15 M is formed, so trading the breach of 1.6380 support is logic. GL
- Pkurdy replied Jun 14, 2011
As you can see: First, that 1.6318 is a Gann resis. level and could not be breached above. Second look at the RSI, where the 62.28((Green Horiz. line) is breached and there weren't any bullish power. However after it was breached south it was ...
- Pkurdy replied Jun 14, 2011
However, the third choice if it will continue and break 1.6375, then it will continue south.
- Pkurdy replied Jun 14, 2011
Here is the 1 H chart
- Pkurdy replied Jun 14, 2011
It's good to find open minded people, who discuss and respect other people's opinion. We are all here try to help and be helped. GL
- Pkurdy replied Jun 14, 2011
1.6416 is a retracement of 61.8 FIB level and also FIB ext. 100% in a 5M time frame