FOREX PRO WEEKLY April 28- May 02, 2014

[minimax]

usdjpy

Possible development...

Good trading!

 

[ochills]

Good day everyone,
EUR/USD has started falling like a knife with lovely butterfly buy EUR/USD & sell on AUD/USD 1hr TF

 

[ochills]

Good day commander in pips,
Am just seen your update for today. The update came very late today, usually I used to check before my daily site inspection.
Thanks commander I will quickly update myself on your update.

 

[minimax]

Good day everyone,
EUR/USD has started falling like a knife with lovely butterfly buy EUR/USD & sell on AUD/USD 1hr TF

Check Loonie, did nice job today!

In good hour USA consumer sentiment, could give nice push...

 

[ochills]

Check Loonie, did nice job today!

In good hour USA consumer sentiment, could give nice push...

Hi Friends in the house,
loonie is about 3-5 pips less to touch 1.618Fib level of butterfly sell and it shows long range bar at 1.272FB, may be it will get to 2.00Fib which is @ 0.9295 and very close to WPP.

 

[minimax]

Hi Friends in the house,
loonie is about 3-5 pips less to touch 1.618Fib level of butterfly sell and it shows long range bar at 1.272FB, may be it will get to 2.00Fib which is @ 0.9295 and very close to WPP.

U talk about Aussie...commodity currencies are strong today, I think tomorrow could come in play.. usdjpy started nicely, also gold what might hold Aussie and Kiwi, at least so far...

 

[ochills]

first butterfly sell has been completed and another one is in progress. Loonie still working in accordance to our expectation. major resistance are WPP, Maximum target of butterfly 1.618Fib and 2.00FE and the three resistance are 2-4pips different from each other between 0.9267(2.00FE)- 0.92960(WPP)

 

[Sive Morten]

Good day commander in pips,
Am just seen your update for today. The update came very late today, usually I used to check before my daily site inspection.
Thanks commander I will quickly update myself on your update.

Yes, Ochills, that was a holiday in Russia yesterday (not quite holiday, but non-business day - Day of Rejoicing) and I have let myself to sleep a bit longer...

Check Loonie, did nice job today!

In good hour USA consumer sentiment, could give nice push...

Hi Minimax,
LOL, looks like CAD B&B finally has worked . It's a pity that I did wait for this nice move down.

 

[minimax]

Sive, excellent explanation today, again!

My yesterdays picture of eurusd



and for today: I think we are in corrective 4th and would not be surprised with move above 1,38288 but 1,38385 should remain untouched..

Good trading!

 

[Videep]

Yes, Ochills, that was a holiday in Russia yesterday (not quite holiday, but non-business day - Day of Rejoicing) and I have let myself to sleep a bit longer...

It's ok. Some extra time with the missus. We all do that once in a while

For EURUSD I'm staying put till it reaches either 1.39 or 1.3750/60. As Sive said, risk-reward ratio not very attractive atm