"Hi Dimitar, My post is geared to trading time frames much smaller than 60mins,like 5 mins and under. However If i traded the 60min charts (i don't and never have done) i would perhaps have bought in the circle, or the first pullback. Always…"
The EUR vs USD is facing major uphill resistance at key levels. Currently the market is sitting right below the Weekly Pivot @ 1.28885. This level will be a level of resistance in the short term future in order to see more upside. The R-1 level sits @ 1.29795 which is near the psychological S&R level of 1.30000. This level has been a key S&R level in the past for this pair. The current short term trend downwards from…See More
"Eucad still remains a good contender for a move up.Even though we have had a 4hr close above Wr 1 it has dipped down and lies in waiting for Audcad which has a lot of room for correction to the upside. My 240 ma remains a magnet for corrections. I…"
"Hi Jason - EJ - its been a lazy day for me today - was out first thing this morning - and knowing it was a Monday with various Bank Holidays in Europe and Canada - did not think I would miss much. So as chart shows only 2 trades on EJ today - not a…"
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