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The #FXroom is being hosted by Dale Pinkert, long time and popular contributor on FXStreet. 4 hours each day, 20 hours per week with a masterclass mentor. Know our Mastermind concept as we all edify each other 1+1=11.

Latest Activity

Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Fed Funds, All You need to Know
"Alright you Wavers, Elliot Wavers, we are in D down wave, what's next, E, up, but only when the bottom hits, where? 1.2050, 40's, 1.1871 but negative could go to 1.16, that's EUR/USD 38% of the largest move. "
40 minutes ago
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Fed Funds, All You need to Know
"Most interesting pair of the week by far is EUR/USD, a 1700 pip drop since 1.3900 highs.Break of 1.2252 means EUR/USD heads towards a new dimension to travel down the negative side of the distribution.  That means for example Fib numbers and…"
50 minutes ago
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Fed Funds, All You need to Know
" For the week, 3 pairs contain serious price problems, EUR/USD, EUR/GBP, EUR/NZD, GBP/CHF while GBP/CAD is borderline. Price problems means greater chance for larger movements GBP/CHF should see significant downside but big point at 1.5287 may…"
1 hour ago
VIVAICO posted a blog post

EUR/USD continuation of the trend.

It's now pretty clear that the larger impulsive wave 1/A from near 1.40 is still in force. I was too early calling the larger correction and that was indeed wave 4 of 5.On the daily chart i have outlined the possible target for this impulsive wave to end. At 1.208 wave 5 would be 1.618 times wave 1 and this would be likely target for the end of larger wave 1/A.When this impulsive decline is finally exhausted there is going to be a larger corrective move and if this whole move (see longer…See More
4 hours ago
Constantine commented on Constantine's blog post Winning Trade on the 19th December
"Surjya, I just checked and the intraday pivot point you refer to is in fact the daily central pivot point but not the usual one that is used. This one is based on setting the start of the trading day at midnight. Most people use the standard…"
12 hours ago
Nickt posted a status
"http://prntscr.com/5j10s3 missed that retrace at 88%, it just bullied its way thru"
18 hours ago
Nickt posted a status
"http://prntscr.com/5j0wl5 daily prediction- sp500 target 2150 after wave2 pullback, then watch out below"
18 hours ago
Oasis posted a blog post

Understanding the flow in the market can be difficult

We are all aware of the dangers of seeing in the charts what we want to see. But sometimes even if we have no bias it can be difficult. I am going to use AUDJPY to illustrate my point.Looking at shorter time frames say H4 you should be convinced that price will continue its downward journey. Yes there is some resistance coming up at 96.500 area but the major one seems to be about 160 pips away.A short taken now will have a good R/R so all looks good for a short. The AUD is getting hammered…See More
21 hours ago

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