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- factlover replied Apr 28, 2016
NZDUSD: it bounced from daily Fib-50 level at .6990 drawn from 2015-May high. And right now it's at March high at .6965 which may add more resistance, looks like it respects this level, I'm looking for short entry too
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- factlover replied Apr 27, 2016
GBPCHF: kind of exotic one but advice to check it for a short entry came from some highly sophisticated scientific scan. The scan is a courtesy of TheFxAnalyst at url I see now it's at key historical levels and breaking below 1.4080 may confirm ...
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- factlover replied Apr 27, 2016
Interesting, thanks for your info. Will monitor GBP/CHF, now it's at key historical levels. I see breaking below 1.4080 may confirm bearish outlook (Fib-50 from last noticeable leg and nearby long term Fib-50 at 1.4120 may add confluence too) Here ...
Currency Scan
- factlover replied Apr 26, 2016
GBPUSD returned to its key level 1.4570 (it's 2015 year low). They have referendum about EU on Jun 23. I expect cable will be volatile especially toward that date. I'm looking long for it at least to 1.49 level which is daily Fib-50 + Fib 76.4 - ...
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- factlover replied Apr 26, 2016
GBPUSD: More for GBP, area 1.4540 - 1.4570 looks good for some retrace may be to the current 1.45 level. Fib-50 is at 1.4540 and last year low is at 1.4570 which should add resistance. And that is the clear visible neck level for inverted ...
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- factlover replied Apr 25, 2016
Thanks for your two philosophical threads, DKRock! Very useful and insightful reading and lots of matching thoughts: about Love as the origin of every real success, about importance of equilibrium points, etc. Are you planning to continue your ...
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- factlover replied Apr 24, 2016
Thanks for the thread and for sharing your vision! Lots of information for slow reading. Can you please post your Currency Scans here on regular basis? Thanks.
Currency Scan
- factlover replied Apr 23, 2016
EURJPY: 125.50 - yes, now I see it too, daily EMA-50 is right there may add resistance. 125.70 looks good too with Fib-61.8 will keep eye on it tomorrow
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- factlover replied Apr 23, 2016
I see it might make sense, I'm all for more fibs too, I just see that we can find some respect almost everywhere as every leg relates to the prev. and next ones with some fib, check for ex. fib drawn from next low on Mar 28. Karpa, I see price ...
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- factlover replied Apr 23, 2016
NZDUSD: .6820 - .6830 area - it's in that area which you expected, Quinton. So it looks like we may expect a bounce from here. and then maybe some ranging as I see daily EMA50 and EMA200 are coming to that area too. I don't understand why did you ...
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- factlover replied Apr 22, 2016
CHFJPY 112.00 and 109.00 Thanks for tipping off, I looked into chfjpy too and it's also at the major key level at 112.00 which is coming from 2013. There were nice bounces from it in Mar and this week already. If it breaks this level I would expect ...
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- factlover replied Apr 22, 2016
EURJPY: 125.00 yen too. GL here looks good. This one is at Fib-50, EMA-200, and super round number too. But we saw bounce from it yesterday already - what do you think, Quinton? Should we expect another bounce from a good golden level?
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- factlover replied Apr 21, 2016
EURGBP: level .7873 is a key support now after it was broken in Mar-Apr, it was 2015 year high and had a long history as a key level. I'm looking to go long from this area
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- factlover replied Apr 20, 2016
EURGBP: .7845-.7860 area maybe the new range low. It's at weekly Fib-50 and daily EMA-50 coming for support. On H1 level .7845 looks like a gold candidate
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- factlover replied Apr 19, 2016
AUDUSD: 0.7850 looks like a possible GL on the way up, maybe after pullback to .7720: daily Fib-76.4 and there might be some more Fib confluence on H4: Fib-161.8 from the last small leg down and Fib-200 from the last Dec-Jan leg down
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- factlover replied Apr 18, 2016
Thanks! I suggest to add a prefix to the alert string so it will be clear what indicator created that alert: line 59 in the code: Alert( "Golden Level: " + Symbol() + " - " + price );
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- factlover replied Apr 16, 2016
EURGBP: Thanks for this heads up! I'll monitor it too next week. I don't see the top weekly TL in the area yet, on my chart it goes at 0.8250 level. On H4 chart daily EMA-21 (orange dotted line) may add more support as it was often in the past. I ...
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- factlover replied Apr 14, 2016
Regarding main Fib levels. Quinton, you use only 50 and 61.8 Fib levels, but I saw many times with different pairs that major reversals were at Fib-76.4. See for ex. EURAUD daily chart below, Fib-76.4 reversals were in Dec-2015, then 2 times at the ...
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- factlover replied Apr 14, 2016
EURUSD: still sitting at the magic number 1.1265. It might be a new range boundary? - either way low or high for the next range. Quinton, may such a visible congestion be used to define future golden level? I see last year similar congestion was ...
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