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  • #23,241
  • Dec 7, 2016 2:30am Dec 7, 2016 2:30am
Quoting vaxx
Hi Tarantula, I managed with the indicators. How to determine POC? Regards,
There is no indicator for that. I do it manually. Its a bit subjective as you need to combine trend lines, fibs, cam ,historical buyers and sellers etc.. Check this channel. We go step by step.

https://www.youtube.com/playlist?lis...linXPee_H5fQQY
  • #23,242
  • Dec 7, 2016 2:31am Dec 7, 2016 2:31am
Quoting BenjaminIs
Hello ... Just Sharing a Chart of USD/JPY http://www.graceland-updates.com/ima...16dec6usd1.png My Trade Plan for 2017 if the Dow sells off is to go short USD/JPY. Any thoughts on this ? Thanks
Yes a good spot to try a short trade. But id keep it shorter term due to USD strength. But anyway, a good spot to go short
  • #23,243
  • Dec 7, 2016 7:30am Dec 7, 2016 7:30am
USD/JPY: Range bound trading with bullish bias
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-12-07USDJPY.jpg Size: 176 KB
  • #23,244
  • Dec 8, 2016 12:39am Dec 8, 2016 12:39am
USD/JPY wave structure indicates bearish retracement within uptrend

http://www.admiralmarkets.com/analyt...within-uptrend - Your capital is at risk

USD/JPY
4 hour
https://fxmedia.s3.amazonaws.com/art...12-2016uj4.png
The USD/JPY uptrend is showing a larger correction and consolidation zone. A break above resistance (red) could see price continue higher towards the Fib targets of wave 3 (brown). A break of support (green) could see a larger retracement develop towards previous bottoms (light green).
1 hour
https://fxmedia.s3.amazonaws.com/art...12-2016uj1.png
The USD/JPY could be building a wave 2 (brown) but a break below the 100% invalidates the wave structure. A break above resistance (red) could see price head towards the Fib targets of wave 3 (borwn).
Follow @ChrisSvorcik on twitter for latest market updates
  • #23,245
  • Dec 8, 2016 3:57am Dec 8, 2016 3:57am
Hi Tarantula,
GbpJpy H1 Buy ?

Regards,
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 70 KB
  • #23,246
  • Dec 8, 2016 5:48am Dec 8, 2016 5:48am
EUR/USD is waiting for ECB meeting today
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-12-08_12-18-37.jpg Size: 176 KB
  • #23,247
  • Dec 8, 2016 7:01am Dec 8, 2016 7:01am
As planned

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-12-08EURUSD after.jpg Size: 150 KB
  • #23,248
  • Dec 8, 2016 8:00am Dec 8, 2016 8:00am
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-12-08EURUSD after.jpg Size: 157 KB
  • #23,249
  • Dec 8, 2016 10:05am Dec 8, 2016 10:05am
Quoting vaxx
Hi Tarantula, GbpJpy H1 Buy ? Regards, {image}
Yeah was good to buy bk then
  • #23,250
  • Dec 9, 2016 12:46am Dec 9, 2016 12:46am
EUR/USD declines 300 pips after completing wave C at 50% Fibonacci

http://www.admiralmarkets.com/analyt...t-50-fibonacci - Your capital is at risk

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...12-2016eu4.png
The EUR/USD completed a bullish ABC zigzag (purple) as expected and price turned at the Fibonacci levels of wave2 (green). The strong decline could be part of a wave 3 (green) if price manages to break below the weekly support zone (green lines).
1 hour
https://fxmedia.s3.amazonaws.com/art...12-2016eu1.png
The EUR/USD bearish price action seems to have completed a wave 1 (brown) and price could build a retracement within wave 2 (brown). A break above the 100% level invalidates the wave 1-2 (brown) count.
  • #23,251
  • Dec 9, 2016 8:44am Dec 9, 2016 8:44am
AUD/JPY Regular bearish divergence on 4h time frame
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-12-09AUDJPY.jpg Size: 170 KB
  • #23,252
  • Dec 9, 2016 10:59am Dec 9, 2016 10:59am
Hi Tarantula,
Buy Gbpusd h1 ?
The reasoning is ok?

regards,
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 79 KB
  • #23,253
  • Dec 11, 2016 11:19am Dec 11, 2016 11:19am
Can Euro go up short term?
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Click to Enlarge Name: File 11-12-2016, 17 06 50.jpeg Size: 698 KB
  • #23,254
  • Dec 11, 2016 11:23pm Dec 11, 2016 11:23pm
EUR/USD challenges major 1.05 support zone yet again

http://www.admiralmarkets.com/analyt...zone-yet-again - Your capital is at risk

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...12-2016eu4.png
The EUR/USD bearish trend is yet again challenging the major support levels (green lines) from the long-term time frame charts. A bearish break should see price continue lower within a wave 3 (green).
1 hour
https://fxmedia.s3.amazonaws.com/art...12-2016eu1.png
A bullish bounce however could see the EUR/USD build a bullish retracement within wave 2 (brown). A break above the 100% level invalidates the wave 1-2 (brown) count.
  • #23,255
  • Dec 12, 2016 3:06am Dec 12, 2016 3:06am
EurUsd buy
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 61 KB
  • #23,256
  • Dec 12, 2016 3:13am Dec 12, 2016 3:13am
USDCHF SELL
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  • #23,257
  • Dec 12, 2016 3:39am Dec 12, 2016 3:39am
EUR/USD Still Under Pressure
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-12-12EURUSD.jpg Size: 193 KB
  • #23,258
  • Dec 12, 2016 3:40am Dec 12, 2016 3:40am
Quoting vaxx
USDCHF SELL {image}
Try to avoid double exposure. USD/CHF and EUR/USD are counter correlated pairs. Either trade EURUSD or USDCHF.

Quoting rkdius
Can Euro go up short term? {image}
Yes as a retracement.
  • #23,259
  • Dec 12, 2016 9:28am Dec 12, 2016 9:28am
USD/JPY in uptrend before FOMC decision
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-12-12_14-43-45.jpg Size: 194 KB
  • #23,260
  • Dec 12, 2016 9:29am Dec 12, 2016 9:29am
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