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  • #19,501
  • Jun 23, 2014 8:33am Jun 23, 2014 8:33am
GBPUSD is having a retracement as planned and 1.6950 is the level which might provide buying opportunities. It is 78.6 last swing fib retracement + L5 intraday low camarilla level so ATR of GBPUSD + fib swing and cam levels are making this POC. Targets are 1.7000 and ex bullish trendline support at 1.7030.

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  • #19,502
  • Jun 24, 2014 3:08am Jun 24, 2014 3:08am
Quoting T@rantula
GBPUSD is having a retracement as planned and 1.6950 is the level which might provide buying opportunities. It is 78.6 last swing fib retracement + L5 intraday low camarilla level so ATR of GBPUSD + fib swing and cam levels are making this POC. Targets are 1.7000 and ex bullish trendline support at 1.7030. {image}
There is inflation report for GBP coming in 20 minutes. Maybe it will give us the substantial retracement to get into another long trade.
  • #19,503
  • Jun 24, 2014 3:26am Jun 24, 2014 3:26am
EURCAD is showing some range bound action but we might see a possible retracement to 4625 where opportunities for shorts could be spotted. EURCAD has also shown HIDDEN BEARISH DIVERGENCE around POC level and hidden divergence is a sign of CONTINUATION. Also there is H4 and 38.2 fib confluence at the level. We can also see a near term historical double top mini swing at POC point so 4625 might be a good to look for bearish continuation to 4560 and 4530 respectively.

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  • #19,504
  • Jun 24, 2014 7:43am Jun 24, 2014 7:43am
While EURUSD is below 3650, it is bearish. Only a break of 3650 aims for 3685 and 3700 respectively.
  • #19,505
  • Jun 24, 2014 7:50am Jun 24, 2014 7:50am
Quoting T@rantula
GBPUSD is having a retracement as planned and 1.6950 is the level which might provide buying opportunities. It is 78.6 last swing fib retracement + L5 intraday low camarilla level so ATR of GBPUSD + fib swing and cam levels are making this POC. Targets are 1.7000 and ex bullish trendline support at 1.7030. {image}
Everything goes as planned, lets see if GBPUSD can make it to 6950.
  • #19,506
  • Jun 24, 2014 8:05am Jun 24, 2014 8:05am
Quoting T@rantula
While EURUSD is below 3650, it is bearish. Only a break of 3650 aims for 3685 and 3700 respectively.
EURUSD: Possible sell when break of H3....until pivot. Is that correct?

Grtz
  • #19,507
  • Jun 24, 2014 8:18am Jun 24, 2014 8:18am
Quoting T@rantula
EURCAD is showing some range bound action but we might see a possible retracement to 4625 where opportunities for shorts could be spotted. EURCAD has also shown HIDDEN BEARISH DIVERGENCE around POC level and hidden divergence is a sign of CONTINUATION. Also there is H4 and 38.2 fib confluence at the level. We can also see a near term historical double top mini swing at POC point so 4625 might be a good to look for bearish continuation to 4560 and 4530 respectively. {image}

+15 currently.
  • #19,508
  • Jun 24, 2014 9:04am Jun 24, 2014 9:04am
Quoting RickyRicardo
{quote} EURUSD: Possible sell when break of H3....until pivot. Is that correct? Grtz
yes sell all rallies to 3650. 3620 shorts have bern good for scalps all day long.
  • #19,509
  • Jun 24, 2014 9:16am Jun 24, 2014 9:16am
Quoting T@rantula
{quote} yes sell all rallies to 3650. 3620 shorts have bern good for scalps all day long.
+17 scalp from 3620, may continue down but there is a demand pocket visible on the chart. Good job T.
  • #19,510
  • Jun 24, 2014 9:23am Jun 24, 2014 9:23am
EURCAD +25 pips now!
  • #19,511
  • Jun 24, 2014 9:23am Jun 24, 2014 9:23am
Quoting calderone
{quote} +17 scalp from 3620, may continue down but there is a demand pocket visible on the chart. Good job T.
  • #19,512
  • Jun 24, 2014 9:27am Jun 24, 2014 9:27am
Quoting T@rantula
GBPUSD is having a retracement as planned and 1.6950 is the level which might provide buying opportunities. It is 78.6 last swing fib retracement + L5 intraday low camarilla level so ATR of GBPUSD + fib swing and cam levels are making this POC. Targets are 1.7000 and ex bullish trendline support at 1.7030. {image}
heading to POC..
  • #19,513
  • Jun 24, 2014 12:27pm Jun 24, 2014 12:27pm
+40 pips drop after the analysis on EURCAD
  • #19,514
  • Jun 25, 2014 3:41am Jun 25, 2014 3:41am
AUDCHF is in a retracement mode after the inner trendline has been broken. Now the zig zag might give us a potential trade entry around 8400. The first target is 8360-8350 zone where there is a cluster of near term buyers. Below 8350 AUDCHF is targeting 8330 and 8300.

As we can see on the chart, Trendline, 38.2 fib, DPP and H3 are making POC zone.


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  • #19,515
  • Jun 25, 2014 3:42am Jun 25, 2014 3:42am
Quoting bolehbah69
{quote} heading to POC..
+18 pips, use trailing stop.
  • #19,516
  • Jun 25, 2014 3:45am Jun 25, 2014 3:45am
Quoting T@rantula
GBPUSD is having a retracement as planned and 1.6950 is the level which might provide buying opportunities. It is 78.6 last swing fib retracement + L5 intraday low camarilla level so ATR of GBPUSD + fib swing and cam levels are making this POC. Targets are 1.7000 and ex bullish trendline support at 1.7030. {image}
Hi T!

You entered the pound?
  • #19,517
  • Jun 25, 2014 3:51am Jun 25, 2014 3:51am
Quoting T@rantula
{quote} +18 pips, use trailing stop.
thanks entered
  • #19,518
  • Jun 25, 2014 3:52am Jun 25, 2014 3:52am
Quoting T@rantula
{quote} +18 pips, use trailing stop.
+30 now!!
  • #19,519
  • Jun 25, 2014 3:53am Jun 25, 2014 3:53am
Quoting FX MiG
{quote} Hi T! You entered the pound?
Sure it has hit POC
  • #19,520
  • Jun 25, 2014 4:08am Jun 25, 2014 4:08am
Quoting T@rantula
{quote} Sure it has hit POC
Nice as always!!!

Can you tell me what's your trigger to enter the trade?
First price touch of POC?
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