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- 57 Results (55 Replies, 2 Comments)
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GPetroff replied Oct 17, 2019No worries, it still have to go through the Parliament vote and that's where May failed. If DUP/Labors decide to counter him, he's done.
USD/JPY Discussion
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GPetroff replied Oct 17, 2019A deal appears to be made, we might get our 109 and even beyond that.
USD/JPY Discussion
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GPetroff replied Oct 16, 2019Harmonics ain't that tricky, but hard to get your entry and catch the reversal as high as possible. Short said about the harmonic i posted, we're looking at another shark. The C point where fibs are, is usually 1.618 and sometimes extreme 2.0, post ...
USD/JPY Discussion
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GPetroff replied Oct 16, 2019For sure bro, i am being patient, market lately is way too uncertain, while a single tweet can send it 50-100 pips the other way. If we get clear breakout i will enter and ride the 2.0 of the shark, will be about 30-35 pips from 108.9.
USD/JPY Discussion
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GPetroff replied Oct 16, 2019Also as you mentioned, after the gap, we remained in the resistance zone for 24 hours.
USD/JPY Discussion
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GPetroff replied Oct 16, 2019For me, the longer Brexit/Trade war get bad news, the better will be for safe heaven currencies like JPY/CHF. Without any catalyst i think we will remain in this range for a while.
USD/JPY Discussion
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GPetroff replied Oct 16, 2019This report ain't that important, compared to the ISM or NFP. If Brexit deal happens we will get our spike.
USD/JPY Discussion
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GPetroff replied Oct 16, 2019Possible, but then he must seek extension. That's how i see it. The Backstop is too complicated to be solved for 2 weeks, while it took them years without any result.
USD/JPY Discussion
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GPetroff replied Oct 15, 2019Fib levels are drawn for the C point, measured from the AB leg, aka top mid point of the left side of the harmonic. After we get confirmation on reversal, i will draw the fib levels for the XD extension(CD leg).
USD/JPY Discussion
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GPetroff replied Oct 15, 2019A bit different approach than Amir, but the concept remains the same. Aiming at cypher/shark. If we break the 1.41 the cypher invalidates, then we look at 1.618 and possible extreme to 2.0.
USD/JPY Discussion
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GPetroff replied Oct 14, 2019I understand it nearly the same way, the "a" point is also called absorption candle or stopping volume as you described it. And yea, from my observation all tests are low volume.
vsa with Malcolm
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GPetroff replied Oct 14, 2019Since i am fairly new to VSA, currently reading the book. This really is seems to be a false rally, considering the low volume uphill and might be heading to a spring move then down as Malcolm explained in the videos over the weekend. Correct me if ...
vsa with Malcolm
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GPetroff replied Oct 13, 2019The deal isn't finalized, there's 5 weeks time to be officially sorted out and signed by both sides. What we know for sure is the next tariff hike on Tuesday is canceled.
Cable Update (GBPUSD)
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GPetroff replied Sep 27, 2019Idk why you think, they're attacking him. They're just sharing their opinion and how they understand it. No one is disrespecting anyone. One strategy might work for one, but fail for other. We're all here to share knowledge and evolve.
Daily Trading Ideas
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GPetroff replied Sep 27, 2019Malcolm can we consider the head and shoulders on the daily, as a distribution phase of the Wyckoff cycle? Considering the head as false rally and the right shoulder as retest of the consolidation zone?
vsa with Malcolm
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GPetroff replied Sep 26, 2019Most likely hold, if they wanted to let it fall, the volume (smart money) wouldn't pop in the 2nd attempt to break it. As you can see all candles before the test candle, were low volume, aka only retail investors were in play.
Gold RIGHT NOW
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GPetroff replied Sep 26, 2019Yea, but that was definitely smart money move, considering the low volume all day, after the drop. Also i think that drop finished the Wyckoff cycle and we're in accumulation phase again, might be wrong. Still researching the book.
Daily Trading Ideas
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GPetroff replied Sep 26, 2019What makes me think that weekly pivot at 1504 will stand is when it's trying to get pushed down, big volume comes in and it remains above. From my small research on the method Malcolm is using with volume, if you take a look after we got the big ...
Daily Trading Ideas