EMA 200, 100, 50 in light brown, orange, magenta

Spider's Den

Almost identical. Pending short filled at 3390, TP 3358, just above Kijun Line (blue). SL currently 3402. ichimoku: h1 bullish from 3256, h4 bullish if next two candles close above 3390. EMAs 50,100,200 show death star at 4053: bearish outlook but ...

Spider's Den

Although away, I couldn't help but had to be part of this. Projected S2 hit, if no retrace from here I'll watch 3050 and next 2897. Waiting for clues from Tokyo open

EURUSD

Week - technical review and preview Chart 1: S/R outlook prior to last week open D1 Chart 2: refined S/R from chart 1 on H4 as the week unfolded. - Support on upper weekly Kumo was shortlived. Outlook: - Support is at current level 339 and around ...

EURUSD

There we are at weeks close, back to S1 from week open. made good today all opportunities I missed Tue-Thur. Not rocket science but am reasonably pleased with projected levels. Slightly more elaborate review and outlook here, only back thursday - ...

Spider's Den

well done flynch! Touched 3522 during asia with light bounce, rejection this morning: TP 34560.

Spider's Den

Slighlty narrowed S/R levels as projected prior to week open. I am looking for decision at kijun sen 3525 (50%fib retracement from around 334x and 368x) if current TL is rejected.

EURUSD

Hi mercy, stulic - you seem to never sleep. With narrowed S/R levels projected last Sunday, I am looking for decision at kijun sen 3525 (50%fib retracement from around 334x and 368x) if current TL is rejected. Levels were not bad, only I was to busy ...

Spider's Den

M5 bearish TK cross from around 3606 is about to end here at 3534. retrace expeceted to 355x and next 357x

EURUSD

PA is Price Action if you are looking for basic education, I can recommend babypips.com

EURUSD

BBC newsnight on Euro situation at moment on BBC2

EURUSD

PA rejected 3507 which is R1 in chart of above post. But we have also just seen a bounce from hourly TL from 336.

Spider's Den

lets see; off to bed with conservative TP 3480, SL 3405. 3520 seems a bit too optimistic

EURUSD

Hey, wish you all the best bumapatria, keep up the spirit. As you have discovered, good analysis, trade execution and money management are all equally important for a consistent return.

14 Year Old Forex Trader's Lessons

thx mercy!

Spider's Den

posted more charts and outlook for the week here: #4985300

EURUSD

Outlook 3 S/R levels for d1 and h4. d1 has strong bearish tk cross at 1.418. It is worth noting that the resistance levels do not align with fibonacci retracement levels with the exception of 50% which I considered too optimistic and is not included ...

Spider's Den

Outlook 2: the only bullish momentum at moment seems to be current kumo support at w1, although week remains bearish confirmed by TK cross (tenkan sen, kijun sen) 5 weeks ago and chikou span crossing PA around 1.3807. Resistance around 1.380 and ...

Spider's Den

Outlook 1: a look at MN1 gives the bigger picture and does not need much explanation - downward channel and break below TL of June2010. Price is currently at 3500 at level of flat Kijun sen(blue) which would normally offer resistance however ...

Spider's Den

Review: Chart 1: D1 S/R levels as posted prior to last week open Chart 2: H4 with above S/R levels at week close The considerable retail gap at last weeks open confirmed the bearish outlook pushing PA down to support zone 3. Zones were drawn a bit ...

Spider's Den