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- 57 Results (55 Replies , 2 Comments )
- GPetroff replied Dec 6, 2021
My outlook for the week is bullish. From Elliot Wave perspective, considering we had an ending diagonal for wave 4 (which we broke), I'm expecting to continue to wave 5 of the impulse. This count would be invalid if we break below the 0.5 target for ...
Gold
- GPetroff replied Oct 24, 2021
If we dig even more in detail, we can add this. With the PA from last week i believe wave 4 will be a 535 Zig-Zag. So far we can clearly read 5 waves (minuette cycle) so this could possibly be wave A. Then if we take the absolute maximum of wave B ...
USD/JPY Discussion
- GPetroff replied Oct 24, 2021
We had an extended 3rd which resulted i na pump to highs at 144.69 (minor cycle-red) and from there we reversed, meaning that's wave 4 of the intermediate cycle. Considering we already broke two of the fib zones for wave 4, we have the 0.382 left ...
USD/JPY Discussion
- GPetroff replied Oct 24, 2021
On H4 TF, where the 3 ends on H1 it would be a full 5 waves for wave 1 and now i see some kind of an ending diagonal.
EURUSD only
- GPetroff replied Oct 23, 2021
Right now i believe we're on way to complete wave 5 of this impulse. For wave 4 we had a regular flat stopping exaclty at 0.9 for wave B and the 1.0 for wave C. The targets for wave 5 are showns with the yellow fibs.
EURUSD only
- GPetroff replied Sep 16, 2021
For now i believe, we have a little more way down. Since we had a shark pattern in play, today we did hit the TP2 at 0.618 (cream fibs). Since the shark completed the down move is most likely a 535 Zig-Zag. According to my count we have a completed ...
EURUSD only
- GPetroff replied Sep 8, 2021
I'm with you on that one. The leading diagonal that we broke means wave 1 from a 5 wave impulse is most likely done. Short wave 2 retrace from the shark pattern (current trap) and and possibly another upmove in the near-term.
EURUSD only
- GPetroff replied Feb 13, 2020
Well from the start it was more than clear that numbers are fake and the affected are at least twice more. A lot of things got covered and are yet to be seen.
The Swamp
- GPetroff replied Feb 13, 2020
The criteria for the symptoms has changed that's why all numbers spiked in the affected countries.
The Swamp
- GPetroff replied Nov 28, 2019
There was a poll release yesterday about the elections. Which stated a "comfortable" lead for the Conservative party of Johnson. Which leads to a majority in the Parliament and possible Brexit deal being agreed to. But as you said it yourself, i ...
vsa with Malcolm
- GPetroff replied Nov 14, 2019
I think they're trying to shake out the sellers with those spikes. I think Malcolm the other mentioned, that the upmoves are low volume and have selling background. I personally hold some shorts from 1.29 on GU and expecting a bigger drop before a ...
vsa with Malcolm
- GPetroff replied Oct 19, 2019
Don't panic. Banks never leave anything for the last day to be decided. Moves are planned and considered days before any actual big event. Coincidence and banks are two words that can't be mentioned in one sentence.
Daily Trading Ideas
- GPetroff replied Oct 19, 2019
I am in EURUSD short also, If it gaps down, i will step out and see how things will unveil after, had no balls for GBPUSD.
Daily Trading Ideas
- GPetroff replied Oct 19, 2019
The GDP previous month was 0.4%, this month it's - 0.1% and negative manufacturing production. I either don't understand the data correctly or those news you posted, don't make sense. No offense on what i said, just politely asking.
Daily Trading Ideas
- GPetroff replied Oct 19, 2019
No matter the outcome, both options are considered and nothing will come out as surprise. Fundamental wise, did you see a reason for that GBP rally? Yea EU and Johnson made a deal, which is no deal, but a "deal" more likely, since it still needs to ...
Daily Trading Ideas
- GPetroff replied Oct 18, 2019
Main thing about the Brexit is some kind of a trade deal. As you seem to be my neighbour Romania/Bulgaria, let's say you want to sell me something and there's no trade easing. If i have to buy with 20% tariff compared to let's say Greece, would i ...
The Swamp
- GPetroff replied Oct 18, 2019
If you see Brexit as a block schematic, it's pretty simple. Majority believe the vote will fail, but that would be too easy, right? Even if the vote pass, some events can happen after and people can get caught again. From all perspectives, it just ...
The Swamp
- GPetroff replied Oct 17, 2019
Quite possible, might be heading towards a triple top at the PRZ of the cypher and the support held.
USD/JPY Discussion