I decided to close the EU trade at 1.0882 for 18 pips. Will reenter on Monday.

EURUSD only

Good question... There are many ways but I will make it extremely simple for you. Here is an indicator I prepared which I always use. Put it on a H4 EURUSD chart. Set the MA inputs as follows: MA 1= Method 1, Period 20, PRICE 0 MA 2= Method 3, ...

EURUSD only

That´s the way to go. It is much easier to win 10 trades of 7 pips than 1 trade of 70 pips. The key is to always trade in the direction of strength. For some reason it takes years to learn that simple fact. Everything becomes so much easier once you ...

EURUSD only

I am normally quick in and out like you, but the positive swap doesn´t hurt you over the weekend. Yet again, I may close it today. It depends how it looks by the close. How many pips do you shoot for nowadays? 10 to 15 as usual?

EURUSD only

I´m with you Ata. Sell order opened at 1.08997. I may hold it for a few days with the positive swap.

EURUSD only

Changed the Sell Limit order to 1.0900 - TP open. This looks like a probable 200 pip fall to the 1.0770 vicinity before any serious rebound. Of course, anything can happen, so take my comment with a grain of salt.

EURUSD only

Sell Limit 1.0920 TP 1.0860 SL: 20 pips. I don´t think it will get to 1.0920, but I placed it just in case we get a spike.

EURUSD only

My system indicates the trend has changed to SELL ONLY for EURUSD. I will be looking exclusively for shorts on pullbacks. Maybe tomorrow.

EURUSD only

Closed all shorts at 1.0900 for +65 pips. Now waiting for a signal to go long. Not yet.

EURUSD only

Still holding my shorts until the 1.0900 test. I will probably exit there.

EURUSD only

I agree. I am opening some shorts in the 1.0960 to 1.0975 area. It could make it up to 1.10 on this run but it is unlikely. I think it will drop to the 1.0860 to 1.0900 in the next few days. Going forward, I see a big drop in April.

EURUSD only

It looks like it, but first, maybe a retest of the 1.09 area. We´ll see...

EURUSD only

Thanks. I appreciate that.

EURUSD only

Thanks a lot. In the meantime, could you please post a screenshot of your chart. I would like to see how your levels compare with mine. Thanks again.

EURUSD only

Hello Avir. My broker only supports MT4. What can I do do see your valuable S/R levels every day? Thanks.

EURUSD only

I see EU reaching the 1.1250 level (Blue Area) before any meaningful drop to test the broken level around 1.1090.

EURUSD only

1.0460 is also the target for the forming Head and Shoulders if it breaks.

EURUSD only

He means a gap in the chart. Very visible in M5 or M15.

Gold

What do you have for a TP?

Gold

Gold touched the 38.2 Fib (1827) retracement of the rise from 1616 and turned around higher. We may go to 1878 which is the 38.2 Fib retracement of the drop from 1959, before going down again, maybe to the 50% Fib at 1789.

Gold