Spider's Den

On EU, 1.1250 zone is clearly support and if the price remains above this zone 1.15 / 16 is probably next stop

Hi Barca....maybe even higher..after NFP

something "tells me" that we both expect the NFP to be below 200k if not well below....the 200k round number thats served also as a psychological area at least for the past year

Yes. According to ADP, NFP should be below. EU is still in the buffer zone, but im still expecting it higher after NFP / next week.

ACCU Pivot Points GBPJPY AUDJPY

Here is the link to Price Action Trading School webinar. Webinars will be held each 2nd WED. WIll last for a full year.

https://goo.gl/ZAQLY9

As we could witness it, Canada is currently undergoing a recession as the economy is suffering due to low oil prices. Oil prices have been falling sharply also through the summer and fall of 2014. As with GDP, oil prices do have a significant impact on employment and overall economy. Canada's dependance on oil and gas is threatening its overall economy and it is reflected on the charts.
USDCAD is showing an inner trend line and a possile retracement. We see a perfect confluence at 1.3195 zone ( L4, 61.8 , double bottom ) and deeper 1.3140 ( 88.6, L5 ). Targets are 1.3310 and 1.3340. On the chart we can see important touches of trend line and if the retracement happens ideally it would reach POCs and bounce. If the price closes above inner trendline there could be a short term breakout towards previously mentioned targets. Watch US/LO market overlap as USDCAD best movement happens during that session.

Thats why BUFFER zone is important. - Breakout with strong momentum. Now...go with levels i posted yesterday and if NFP comes out below <200k we could bounce up again

USDCAD rejecting for 35 pips atm

65 pips USDCAD rej

Ok, USDCAD +120 pip total possible, both POCs have been respected.

ACCU Pivot Points EURUSD

EURJPY ACCU Pivot Points

EXCLUSIVE Analysis

http://www.fxstreet.com/analysis/us-...is/2015/09/04/

As we already know AUD is largely dependent on China and China50 indices ( China A50 cash market )are heavily correlated to AUD pairs, especially AUDJPY. I have mentioned many times that china stock market was opened up for margin lending earlier this year and after the huge long bounce, commodities plummeted taking AUD pairs into spiral of doom. Also Governor of PBOC ( People's Bank of China ) stated that stocks will be much calmer soon. (" rout in local stocks war is near an end ).
US unemployment rate fell to 5.1 percent- record low since 2008 and that might be one stop closer to a rate hike soon. Technically AUDUSD is short into rallies. AUD weakness and USD strength are giving us a lot opportunities to short into rallies. We can see that AUDUSD is contained within the equidistant channel where a previous double bottom was broken ( 0.6982 ). H3, previous double bottom, WPP , and 38.2 % is constituting POC so any pullbacks towards 0.6985-0.7000 could be used for shorting into rallies. Additionally master candle support which has already been broken is sitting exactly at 50.0 fib and channel top - 7035 zone which is also constituting for a strong POC. Above we can Roof pattern which marks previous top exactly at EQ channel. Roof pattern trendline is intersecting 0.7100 so that level is used for stops.
Have in mind that targets are 0.6850 and 0.6550 if 0.7100 stays unbroken.

hi there how can this be possible eur up gbp up usd up jpy up aganint all correncies last week they ware all down ?

y T can´t watch 2º webbinar is not in the site just the first one there is any problem ????

Hi,

Which webinar?

FOR all who took Session Recap trades I advise closing EU at BE NOW USDJPY +120 pips GBPUSD -50

Attached Image (click to enlarge)

Ill be having a FREE webinar with FXstreet today- Murrey math swing trading - feel free to sign in - System Presentation

http://goo.gl/xwGX3e