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  • #21,441
  • May 19, 2015 4:29am May 19, 2015 4:29am
NZDUSD is retracing on intraday timeframes but is still in downtrend after breaking FAILED BULLISH PENNANT. In the context of overall trend NZDUSD can be perceived as bearish and the retracement can be used to fade the upmove. 0.7430-40 zone is showing a confluence (61.8, previous swing, H4 ) and the rejections from the zone could pull the price down to 0.7360 and 0.7320. In the case of bigger retracement 0.7470 zone (retail gap, 88.6) should also provide selling opportunities towards 0.7320 but then we could also consider 0.7250 as in the context of the trend- the bigger retracement is, the bigger the move is.
NZDUSD should stay below 0.7515 for the bears to dominate.

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  • #21,442
  • May 19, 2015 4:53am May 19, 2015 4:53am
What do you think guys about this pottential GBP/USD buy at 1.5480-1.5470?
Its possible POC level: trend line, historical buyers (last swing), FIB 0.50.
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  • #21,443
  • May 19, 2015 5:07am May 19, 2015 5:07am
Quoting evuuka
What do you think guys about this pottential GBP/USD buy at 1.5480-1.5470? Its possible POC level: trend line, historical buyers (last swing), FIB 0.50. {image}
Yes it could be possible, but use the trailing stop
  • #21,444
  • May 19, 2015 8:33am May 19, 2015 8:33am
Quoting evuuka
What do you think guys about this pottential GBP/USD buy at 1.5480-1.5470? Its possible POC level: trend line, historical buyers (last swing), FIB 0.50. {image}
More then 30+++

Good analysis, using cammacd principles
  • #21,445
  • May 19, 2015 8:44am May 19, 2015 8:44am
http://news.forexlive.com/!/traders-...ivate-20150519

Reasons for mixed markets today. Of course traders were pissed.
  • #21,446
  • May 19, 2015 11:11am May 19, 2015 11:11am
Quoting T@rantula
{quote} More then 30+++ Good analysis, using cammacd principles
Thanks T, just learned from you.
  • #21,447
  • May 19, 2015 2:01pm May 19, 2015 2:01pm
Quoting T@rantula
{quote} you are killing it! 1.1142 next EU support 1.1097 ultimate support. If price hits 1.1097 today , it would activate my pending long SL 1.1060- so called FADE.
thank´s
Scalping
  • #21,448
  • May 20, 2015 2:32am May 20, 2015 2:32am
Quoting egkid
{quote} 1466 hit but still same view 4 me and target modify to 1.0950
http://news.forexlive.com/!/traders-...ivate-20150519

It moves faster than i thought but any way
After 90 min if pa close above 1.1108 we could see 1.1235

This confirmation for .... "trade with the flow safer than swing trade in both direction"
ps:
Just think with high voice
hmm
80% I win , 10% lose on swing trade , 10% lose wrong analysis or no concentrate
  • #21,449
  • May 20, 2015 3:29am May 20, 2015 3:29am
Quoting T@rantula
NZDUSD is retracing on intraday timeframes but is still in downtrend after breaking FAILED BULLISH PENNANT. In the context of overall trend NZDUSD can be perceived as bearish and the retracement can be used to fade the upmove. 0.7430-40 zone is showing a confluence (61.8, previous swing, H4 ) and the rejections from the zone could pull the price down to 0.7360 and 0.7320. In the case of bigger retracement 0.7470 zone (retail gap, 88.6) should also provide selling opportunities towards 0.7320 but then we could also consider 0.7250 as in the context...
NZDUSD has reached the first target zone
  • #21,450
  • May 20, 2015 4:03am May 20, 2015 4:03am
Good data coming from USA and general reserve currencies weakness ( EUR JPY) has led to a strong rally on USDJPY pairs as I have been suggesting that it could have been bought on dips. USDJPY has been one of the safest trading instruments lately and again it has been proving it by giving good trending patterns. Previous swing point , L3, DPP, 61.8 fib show great confluence in 120.30-20 zone. If USDJPY retraces in the zone I expect the pair to be bought further targeting 121.50. Adding to that we can also see intraweek trend line which is also holding bullish trend.

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  • #21,451
  • May 20, 2015 4:04am May 20, 2015 4:04am
Quoting egkid
{quote} http://news.forexlive.com/!/traders-...ivate-20150519 It moves faster than i thought but any way After 90 min if pa close above 1.1108 we could see 1.1235
[email protected]
  • #21,452
  • May 20, 2015 5:58am May 20, 2015 5:58am
FOMC will bring another volatility surge. If we get a daily close on EURUSD below 1.1060 it will turn bearish again
  • #21,453
  • May 21, 2015 2:43am May 21, 2015 2:43am
Interesting read for all who want to know what a FX fix is

http://www.ft.com/cms/s/0/653b64d8-f...#axzz3akyCX4VV
  • #21,454
  • May 21, 2015 7:00am May 21, 2015 7:00am
EURJPY has erased some of this week losses in a retracement which is happening on H1 timeframe. Double fibonacci confluence (50.0, 78.6 ,trend line, H5 ) around 135.35-50 should reject the price towards 134.70, 134.35 and 133.90 where the break of 133.90 will target 133.66. For this scenario to be valid EURJPY should stay below 135.85. SO in the context of trend EURJPY is sell into rallies mode and it is in a positive correlation with EURUSD currency pair.

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  • #21,455
  • May 21, 2015 9:55am May 21, 2015 9:55am
Quoting T@rantula
EURJPY has erased some of this week losses in a retracement which is happening on H1 timeframe. Double fibonacci confluence (50.0, 78.6 ,trend line, H5 ) around 135.35-50 should reject the price towards 134.70, 134.35 and 133.90 where the break of 133.90 will target 133.66. For this scenario to be valid EURJPY should stay below 135.85. SO in the context of trend EURJPY is sell into rallies mode and it is in a positive correlation with EURUSD currency pair. {image}
EURJPY dropping as suggested
  • #21,456
  • May 22, 2015 1:29am May 22, 2015 1:29am
Quoting egkid
{quote} http://news.forexlive.com/!/traders-...ivate-20150519 It moves faster than i thought but any way After 90 min if pa close above 1.1108 we could see 1.1235 .......
Morning
Looks 2 me
1235 on the way today
  • #21,457
  • May 22, 2015 1:31am May 22, 2015 1:31am
Quoting egkid
{quote} Morning Looks 2 me 1235 on the way today
Could put the Dax in reverse after some good gains this week. Its almost summer, might be time for some shorts (on the Dax).
  • #21,458
  • May 22, 2015 2:09am May 22, 2015 2:09am
Quoting egkid
{quote} Morning Looks 2 me 1235 on the way today
Long now @1150 sl 1125 e/u
i could b wrong but this how i c it
  • #21,459
  • May 22, 2015 5:08am May 22, 2015 5:08am
NZDUSD has broken through intra week trend line and currently it trying to stay above H4 region after hitting ATR target ( previous range ) and strong intraday resistance H5. From the technical standpoint we have 2 possible spots to llok for rejections. POC1 comes around 0.7355 level ( H3, 38.2, previous breakout spot ) and if the price rejects from the zone it could target daily highs again. Deeper retracement shows POC2 (L3,DPP,intra week trendline cross,61.8 ) around 0.7330 level and the price could also reject from there. Close and break above daily
highs ( Breakout, Breakout-Retest,Breakout-Retest-Continuation) targets 0.7440-50 zone.

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  • #21,460
  • May 22, 2015 5:17am May 22, 2015 5:17am
Quoting egkid
{quote} Long now @1150 sl 1125 e/u i could b wrong but this how i c it
Good one!!
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