Recent content by LeoDvinchi

Key Moment I attach a graph with my opinion. Weekly timeframe: - We have two swings, created by two engulfing monthly candles . The question is, which one is stronger and in control: 1) In red - February Bearish Engulfing- with 127 target completed 2) In green - April bullish engulfing -...

Thanks Sive I really appreciate your comments and I completely agree with you with the advice to stay away from trading the NFP, specially trading right before the news. I will try thought but I'm experienced with this one; in fact this might be my only EUR trade this month

NFP Preparation I attach May's NFP picture and an updated picture for tomorrow's session. Will it happen again?, possibly but I'm sure I'm not the only one noticing this pattern, therefore one day it might blow the account of those who take it for granted. Anyway I think it can be a good...

I update once again the Dollar index. I attach two pictures -the one I posted last week -An update with the adjusted fibo projection. From this picture we see: a) we reached the target with the highest volume EVER and hence the move in the EURUSD, JPY, Cable. I think this is significant...

I add a snapshot of the Dollar Index ( Day chart), I think it can tell us something Last week we had one of the highest volume days in many many months (futures) and the DX suddenly stopped. Right now, we are at the bottom range of that candle (red arrow). If it doesn't hold, we will get a...

Just a thought That look alike H&S on the weekly chart looks so perfect. Too obvious imho, almost like candy place there for the children; and everyone looking at it I attach a thought in H4, not sure if the pattern is any good Perhaps this is a week to stay on the sidelines.

FM1, As I understand it this is a thread on Forex education not a signal service; therefore what pair that should be analysed is the one offering the best learning experience, not the most profitable. From that point of view, Sive has been doing it rather well, in my opinion I have personally...

I understand this is about forex but, is the DAX telling us something? an idea on the index that could influence the EURUSD. I see it this way, assuming this graph on the DAX also holds true: 1) If the correlation is broken, like it has been during the last few months, then we should go up...

I update the Dollar Index graph I uploaded a couple of weeks back As a reminder, this is the huge candle made on the night of the Cyprus bailout. I don't know if it's relevant and It might be just, but I think it's interesting nevertheless In the graph I also mark the swing of the NFP

All I was trying to show was previous price action of NFP, which is often a turning point. Yesterday's NFP was very strange and I have to think carefully what's next. The NFP is my best trading day because it's so impulsive on high volume and therefore a high probability trade, on top of it, if...

I add a graph with previous NFP price action

I update graph on the dollar index I posted this morning. wedge breakout in the dollar index with huge volume ( as yesterdays low and cyprus week) The question is, Is this it?, or do we go back to the uncompleted target 1.3250? Scary to short with an uncompleted target + such a large stop...

Last picture Dollar Index and - correlation with Euro During the night of the Cyprus deal the Dollar Index made a huge inverted hammer (see picture) it didn't have massive volume but the range was massive, Do you think this candle can tell us something? or am I thinking too much?: 1) Watch how...

Relating to the question above, as well EURJPY: I upload the same picture in the daily

Relating to the question above I attach my view on the weekly EURJPY: 1) blue - my target and retracement target 2) in yellow - w&R scenario I asked about previously 3) In white - the impulse i believe to be the good one 4) the grey box - above, it's a buy. Bellow, it's a sell. W&R scenario to...