Anybody watching GBPAUD? 1.8 round number + ppz + 61.8 fib (around 1.83) + with a global trend.

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There is divergence as well... I think it will retrace before going higher. Serg

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Appreciate your opinion Mikali! Indeed I didn't notice the strong downtrend for some reason As far as PPZ, I was hoping it will break up with all the GBP momentum.

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Anyone else watching this beautiful break on GBPCHF? TL break with DBLHC then retested almost pip to pip Looks juicy but I'm hesitating for some reason

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Could you please rate that trade in terms entrance. I know it's against the trend but the round number proximity, EMA, and div might turn out good. In addition, positive trade balance news on JPY at 7:50 PM might reverse that. Would really ...

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Hey Joel, It doesn't, except that 61.8 becomes 38.2. If the goal is to enter on fibo level then your right. However, if your trying to enter on 61.8 because you believe that this is the last level where the move can retrace then you'd rather wait ...

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Mikali, correct me if I'm wrong, but I think you draw the fibo wrong. You drew it from top to bottom (you draw it that way when the trend is down and you want to see the retrace up). In this scenario, usdcad is going up and if you want to see the ...

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I think retrace to 1.06 on USDCAD looks reasonable. In addition to PPZ we have 50-61.8 fib. What do you think?

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Hey Mikali, What fibonacci are you talking about? Which points?

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Hey FinnTrader, I'm taking caution on all the CAD pairs. All those bars formed because of today's Overnight Rate news and might be just a retrace. I guess we'll see how it unfolds in the upcoming hours. As for now, everything's dead.

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Anyone watching GBPNZD? Nice wedge forming. After break, with 300+ daily ATR could be a good trade. Doesn't matter up or down Serg

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Hey Mike, Does it make sense in such trades to close the position at *.9 prior to round number and then wait until the actual break of that super round number? Thanks!

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GBPCAD is forming a pin on H4. Can somebody please comment if I'm not seeing anything here? I see round number, pretty long pin (for H4), divergence both on macd and rsi, and some space to run to 1.7 Thanks!

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usdcad is forming nice BUOB on daily as well

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EURUSD D1 BUOB — Would you please give me some feedback regarding this trade? I saw that daily BUOB was forming so I entered on H4 DBLHC. My SL is pretty far but then again I'm not playing even 10th of a lot. The reason for entry is that EU ...

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Hi — Hi everyone! I've been a lurker for some time now, went through the ordinary "loser cycle" which includes trying all the indicators (and not seeing anything except them on the screen), blowing account 3 times (wasn't that funny for me but ...

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