Hello Dove, thank you for the pm, I really appreciate. I have a couple of questions since I use this spreadsheet applied to days and weeks. If you'd be so kind, could you please explain the 40/40 rule applied for example to this spreadsheet's S/R's. ...

EUR/JPY

Amazing.

EUR/JPY

It might but it might also provide a retracement at least to today's pivot at 1.0732. Price went yesterday from Week Pivot to Week First Resistance and touched Week's second resistance. I see very unlikely to go beyond 1.0826 without providing any ...

USD/CAD

Yes, it is bearish. The D leg (last swing) shows fibonacci exhaustion as well.

USD/CAD

Wow, UC is awesome right now!

USD/CAD

Thanks. I am clueless about how you have that midpoint but is very interesting. Edit: oops sorry, you mean the 50% from the daily chart we talked yesterday. Ok, I agree, 138.44 is the mid point. I am talking about other stuff, but can't talk about ...

EUR/JPY

138.44 sounds more like a support area rather than a midpoint, are you sure that's the number? Thank you a lot for your replies by the way, I really appreciate it. I see you use 76.4 instead of 78.6 fibo retracement. It makes sense since 76.4 is the ...

EUR/JPY

Can you please tell me what exactly is pointing down? I see daily bars going down. What I meant was daily mid point started to point up in the short term since yesterday at 8:00 GMT.

EUR/JPY

Wedge is when you don't have a clear direction during consolidation? I can see 142.70 as the downwards direction of the week mid point. Daily is pointing up and first area of interest for a price reaction would be 143.00 if it breaks above, and then ...

EUR/JPY

I've learned a lot about staying away from martingale reading your posts Hanover. Thank you for your contributions on the subject

Forex Trading Philosophy

Great to see you around.

Ratios & Harmonics: a Different Way to Trade

I am aligned to these levels. Thank you for pointing them out. Blessings

EUR/JPY

The idea is good, but since I would had liked to have a Triple A trade above 142.75, this one becomes a weak trade for me, specially since you have already left some 25 pips on the table. Besides, there is some short term support at 142.20 that is ...

Ratios & Harmonics: a Different Way to Trade

E/Y is ranging right now. I'd be shorting if price were at 142.80. Actually I'd be buying at support right now, but not much interested in that idea neither. Trend is down but not the best place to enter short at this moment. Oops, I see you are ...

Ratios & Harmonics: a Different Way to Trade

This means there are no confirmations, that's supreme. Price only touched resistance and since the overall trend is down it was respected.

EUR/JPY

Excellent! I can see 142.28 was pretty much the turning point. In a 5 min dimension there were 2 bars at that level that would had made you enter right there. God, how would I love to be trading the paradox!

EUR/JPY

Decide now because destiny waits for no man! video

Horuxito's Journal

Resistance became support Coming from the top to the bottom, it's the first swing/level in which price hits the bottom boundary, so it becomes the relevant bottom point.

EUR/JPY

Got it. image

EUR/JPY

Interesting, thank you image Well this picture is from the bottom to the top, but the levels remain the same.

EUR/JPY