Price Action, Fibos, Pivots and S&R Trading setups - Continue from here

Trading Discussion
673

Hola Guys,

Yeah agree with the EU bearish trend. We have a clear direction now. But would like to wait till NY open to make a decision.

674

I have GBP/JPY short trade. But looks like pair is going to change the direction. Will Keep an eye on this one

gbpjpyh1.jpg700×210 23.4 KB

675

Hey Rob,

Good to see you back. I think Geppy in a nice bearish trend now. I am focusing on EU shorts at the moment. Good luck

676

Nice thread! I will come back to check from now on.

677

Thanks for your words mate. Feel free to share anything in this thread.

678

Closed this one. Missed a lovely long trade. Pair is getting closer to my previous short entry point.

679

Bears back in action for EU. Going to hold my short trade for a while :slight_smile:

eurusdh1.jpg700×210 22.9 KB

680

Well Eu going down strongly at the moment. Holding any position ??

681

Hi Perryfx, i have one short, but have some doubts already. The recovery after yesterday news was pretty strong.

682

Sudden bearish action on EU pairs due to ECB + NFB. Expecting further down …

683

Hiya Guys,

How are the things ? No trades for the moment. But eyeing on a couple of pairs.

684

USD/CAD may drop again after the pullback. I am closely monitoring this pair at the moment.

USDCADDaily.jpg700×211 22.9 KB

685

Possible drop again? Nooo I don’t think so, even from your screenshot we can see december Support level, CAD is going to strengthen hovering around 1.075 not less.

686

Yeah I am also agree with you. USD looks so strong again.May be we revisit May high

687

Hey Mate,

Glad to see you back. I have Cable and EU shorts. Expecting further drop soon after pullbacks.
See you around

688

Very few posts these days as i am paying more attention to live trading. Happy to see ya all active here.
By looking at current PA EU still looks bearish. Hope Cable will reverse with the recent bullish action.