Thanks.
- #22,204
- Nov 20, 2015 4:16am Nov 20, 2015 4:16am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
ACCU Pivot Points
- #22,206
- Nov 20, 2015 8:25am Nov 20, 2015 8:25am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Another great rejection from ACCU Pivot Points- the most accurate CLASSIC pivot points
- #22,209
- Edited 3:55am Nov 23, 2015 1:14am | Edited 3:55am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
- #22,214
- Nov 23, 2015 4:22am Nov 23, 2015 4:22am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
https://www.tradingview.com/x/HpldEk7v/ Talk about a spider web of traps. This suits
I like it. Especially about newbie longing into resistance. Good work.{quote} EXELLENTO,,.... THKS
- #22,215
- Nov 23, 2015 5:37am Nov 23, 2015 5:37am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Latest comments from FED members pushed the pair to the upside again re-aligning technical with fundamental analysis. As I have already explained couple of times with EURUSD analysis selling the rallies is the valid option while buying the dips with USDJPY is valid option too. Adding to my previous comment about technical and fundamental realignment, the USD gained on US strong jobs data as Fed is one step closer to a rate hike.
Technically the pair is following a bullish zig zag pattern with a strong confluence in POC zone. 122.60-40 is the zone where the pair might bounce on retracement (88,6, E89, L3, previous vs now moment buyers). From historical vs now moment perspective ( candle marked with red) we can see that the zone is historically strong as strong buyers have already protected the zone. 124.40 should be target but high momentum or H4 candle close is needed above 123.75 which is also a breakout point for the pair. The correlation with EURUSD is highly negative so it complements our EURUSD view too.
Technically the pair is following a bullish zig zag pattern with a strong confluence in POC zone. 122.60-40 is the zone where the pair might bounce on retracement (88,6, E89, L3, previous vs now moment buyers). From historical vs now moment perspective ( candle marked with red) we can see that the zone is historically strong as strong buyers have already protected the zone. 124.40 should be target but high momentum or H4 candle close is needed above 123.75 which is also a breakout point for the pair. The correlation with EURUSD is highly negative so it complements our EURUSD view too.
- #22,216
- Nov 23, 2015 7:06am Nov 23, 2015 7:06am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Session Recap webinar starts in 2h
Last week: AUDJPY AUDUSD EURUSD for a total of 150 possible pips. Sign in HERE - It is FREE
Last week: AUDJPY AUDUSD EURUSD for a total of 150 possible pips. Sign in HERE - It is FREE
- #22,217
- Edited 5:05am Nov 24, 2015 4:11am | Edited 5:05am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
- #22,218
- Nov 25, 2015 12:28am Nov 25, 2015 12:28am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
The EURUSD has bounced from 1.0600 support and it is slowly grinding to the upside. A slow grind reflects its bearish trend as it is a fine, gradual retracement rather than a wild ,strong rally. The ECB policy board is scheduled for December 3 and we will see if ECB will take additional easing steps (further cut in the deposit rate). As i have been showing on my Session Recap webinars, the EURUSD is bearish and safest trades are short trades on rallies.
Technically, the pair is captured inside a wedge and only a break below 1.0650 (bottom of the wedge,38.2,E89) will target 1.0600 zone and below. However if we dont see a breakout soon, the pair could rally up to POC 1.0725 zone (H4, 78.6, X-cross) where it could be rejected towards the edge again. So, we need to pay attention to wedge and POC to estimate where the pair will react in short term.
Technically, the pair is captured inside a wedge and only a break below 1.0650 (bottom of the wedge,38.2,E89) will target 1.0600 zone and below. However if we dont see a breakout soon, the pair could rally up to POC 1.0725 zone (H4, 78.6, X-cross) where it could be rejected towards the edge again. So, we need to pay attention to wedge and POC to estimate where the pair will react in short term.
- #22,219
- Nov 25, 2015 3:45am Nov 25, 2015 3:45am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
The EURUSD has bounced from 1.0600 support and it is slowly grinding to the upside. A slow grind reflects its bearish trend as it is a fine, gradual retracement rather than a wild ,strong rally. The ECB policy board is scheduled for December 3 and we will see if ECB will take additional easing steps (further cut in the deposit rate). As i have been showing on my Session Recap webinars, the EURUSD is bearish and safest trades are short trades on rallies. Technically, the pair...
