Disliked{quote} Pullback for second leg up of this retracement. Beware of profit taking today.Ignored
Fibonacci will make you rich
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Disliked{quote} Pullback for second leg up of this retracement. Beware of profit taking today.Ignored
Disliked{quote} We are not going to 1.06 today but next week, so best thing is to wait for this retracement to finish and open position on Monday or Tuesday.Ignored
Disliked{quote} It finished, the bulls may be strong at 0635 but eventually 0600 will be reached. Waiting for next week too!Ignored
Disliked{quote} We are not going to 1.06 today but next week, so best thing is to wait for this retracement to finish and open position on Monday or Tuesday.Ignored
Disliked{quote} Interestingly, as they have bought today and will pay weekend swaps today for holding over the weekend (if they keep up the buys) then Monday will also be a buy. Once Asia buys on Monday it will be a one-way trip again to 1.0700 and slightly above before the short kicks in. As for the low at 1.0631 If I am correct, London hasn't touched it so price will go for it. Problem is now most sellers are waiting for it so it may not come as soon as desired. In my opinion, 1.0685 is only the first hurdle but price will break it to touch higher points...Ignored
Disliked{quote} Gosto da maneira como você explica os movimentos de acordo com as sessões, o que nunca é um ponto forte na minha negociação. Estou olhando para pp anuais também e o mínimo por um bom tempo é 1,0450, extensão semanal de 1,27.Ignored
Disliked{quote} Not for me either. I have been making consistent profits on forex for just over 2 years. and my knowledge about sessions is still very low. Explanations like his help a lot. (I'm glad my trading system doesn't depend on sessions)Ignored
Disliked{quote} I doubt the big mofos pay swap or that it is any consideration. I'll keep my shorts on and pocket my swap and Monday the 100 PiPs.Ignored
Disliked{quote} I never use direct levels.. I always assume a zone in my mind.. Since it is the H1 chart we are talking about, I always give +/- 10 pips playing room.. So 1.0670 is actually an "area": 1.0660/80... Your level 1.0685 is not that far away and can be merged into the level I shared... To me all the same... and I never bother for some deviation... so should you. I hope it answers... Best wishesIgnored
Disliked{quote} Don't "think", read about it. What we think about swaps doesn't change what it means and whom it affects. In the past when USD-Euro interest rate differential was huge, swaps were a great deal. Did you ever wonder why Wednesdays were almost always a sell on EURUSD? Because heavy swaps were paid on buys X3. Other days the swaps were X1. Also ever wondered why Fridays were always a short? Because weekend swaps were paid and it was almost X3 like Wednesdays. Now a buy on Wednesday or Friday guaranteed higher prices because, in my understanding,...Ignored