FOREX PRO WEEKLY December 09-13, 2013

[minimax]

Ghandi1, I am very confident in down move but where it would turn can not say; here is H2 TF and if goes out of channel or it is down or more complicated pattern is in play; target 62 expansion was hit @0,8252...

 

[minimax]

eurusd

possible H&S in proggress, time: expect more than 1H

Good trading!

 

[FreddyFX]

Finally an interesting drop.

 

[minimax]

H&S still under question; target 62 hit, ext 127, possible first leg of bigger flat; if below 224% more downside...if up > lokk for nice abc leg; time: if nice done in NYS, after 15.00 CET



ps: i am not closing my short

ps: missed eurjpy (in calculatin) for 6 pips
kiwi in pip hit target, I draw my fibo sloppy

 

[minimax]

we hit some monthly pivotal line, think will go just below 1,37 and hit targets; there is crucial,if breaks,drops if stays > retrace

Good trading!

 

[Jyotiprakash Pal]

Hi, Jyotiprakash Pal
Well, this is probably "222" buy pattern that you would like to draw, this is not a butterfly. Second, it is anemic retracement at the starting point of right wing. I wouldn't treat it even as retracement.
As gold is falling, it is difficult to make bet on upward action on AUD. Probably it will take out previous lows. At least I do not see any bullish patterns yet...

Thanks for your kind reply .. sir .. feel confident and learning from mistakes when i find guidence from you. happy thanksgiving

 

[Jyotiprakash Pal]

Bought NZD USD 0.8208 stop on break even ... Triple Buttom Buy! minimax .. any views brother ? Aud/Usd Rally is strong as well !

 

[minimax]

Bought NZD USD 0.8208 stop on break even ... Triple Buttom Buy! minimax .. any views brother ? Aud/Usd Rally is strong as well !

i am kiwi short.......



ps
this is not 3bottoms to me, too much differences between spikes

ps
but could develop nice long trade !!

ps
if euro penetrates 1,3763,up is possible allover the market; SORRY 1,3736!!!!

 

[svezir]

Here is a DRPO on EURUSD 4H waiting for move down to 1.3700 cluster support and with todays S2 just before PPI news.

 

[minimax]

check cable at 1,6260, 50 is nice¨!