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Latest Activity

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
1 hour 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…"
9 hours ago
Nickt posted a status
"http://prntscr.com/5j10s3 missed that retrace at 88%, it just bullied its way thru"
15 hours ago
Nickt posted a status
"http://prntscr.com/5j0wl5 daily prediction- sp500 target 2150 after wave2 pullback, then watch out below"
15 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
18 hours ago
Scott Barkley posted a blog post

Target Trading in the Forex upcoming week of December 21, 2014

$EURUSDWhat ProAct Forex Target Traders See:  We are currently sitting @ 1.227. A couple of different scenarios:  1:  bullish: This could be starting a head and shoulders pattern for a move  above 1.2500 would target the R5 Resistance @ 1.2615 and then the R6 @ 1.2870). 2: Bearish : A break down here would set up a nice move to the 2.618 Fibo @ 1.2109. The average daily true range (ATR) for the pair currently is 115 pips.…See More
19 hours ago
Brian Twomey commented on Jason's status
"Hi Jason,  GBP/JPY Interesting position for GBP/JPY as extreme prices are found between 191.22 - 181.69. Where's price 186.64, dead center. Its very possible to see a ranging week without serious breakouts either side. The bias is down as…"
21 hours ago
Brian Twomey commented on Jason's status
"Hi Jason,   AUD is at or approaching significant and crucial points. Two big breaks lie just below at 0.8138 and 0.8131. These are big points. Breaks here see significant bottoms at 0.8091 and 0.8076. Should AUD break 0.8000's then we…"

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