FOREX PRO WEEKLY August 12-16, 2013

[minimax]

PRZ1 hit, consumer sentiment will rock, down I expect....

Good trading!

 

[Venelin]

PRZ1 hit, consumer sentiment will rock, down I expect....

Good trading!

View attachment 10717

15 min butterfly sell

 

[jerry4all]

Guys, do we have a stop grabber on 1hr tf?

 

[dkami]

Ok I entered short again a few pips higher than my last entry to give it another go LOL

 

[minimax]

BUT - for my opinion this leg down MUST be motive wave and I HATE that it is not obvious also on 4H TF so very possible, but not neccessary, we turned up again, take 1,34 high and start the down move; I might have over looked something also...

 

[Venelin]

Guys, do we have a stop grabber on 1hr tf?

Very similar to yesterdays 4h SG buy. Target of current 1h SG already met. So next target I believe is 1.3310

 

[dkami]

Yes this H1 short I just took is a different setup than my last trade based on what I see H4 lower low so SL will be just above last h4 high and 1st target h4 last low so RR is there for me to take this H1 trade> also took a EURCAD based on same setup


P.S. will be looking to enter again on H4 bearish hidden divergence (yellow lines)depending where H4 closes

Please note the hidden divergence is only on MACD histogram and MOM

 

[minimax]

nice start so far, impulse

 

[dkami]

nice start so far, impulse

View attachment 10721

I never herd of an impulse Care to explain to a dumb truck driver?

And what would your TP be for this?

 

[minimax]

abc retrace, depends on wave lenght and strenght, in this 60 pips wave 23-38%