2Greedy

2Greedy

Will short if it gets to this green line or above. Remember, we are looking for the highest probability here so if it does not meet our requirements WE DO NOT TAKE THE TRADE. I would rather pass up a 50% trade and make sure i get in on a 85% trade If you are a conservative trader wait for 50MA to cross below 100MA and for candle to close below the cross. Good...

2Greedy

all MA's are parallel and there was a false break on the resistance line. Think like a bank, every1 is short now after a very strong rally how to make the best of this situation? Make it drop down to the 200MA maybe even 100 to throw 2Greedy off, this will catch all the longs then long it past the previous breakout catching the shorts offgaurd too win-win...for them.

2Greedy

Hmmm...not completely sure what GU will do, but looking at the chart I can see it broke a major resistance level meaning i am leaning towards it being bullish. I AM NOT IN THIS TRADE YET. I advise you against a long term trade on GU till we get more candles and find out if the s/r break was a false break or not.

2Greedy

Anywhere in the green box is a potential place that AU could bounce and turn up higher...I am personally looking for it to bounce perfectly off the previous .5 fib level that it retraced to. If it does we could see it making it to .7907 or potentially even higher

2Greedy

Pivot point on 1h and 4h exactly line up at this next resistance of 1.0903...come sunday open i will seriously consider going long till then with maybe a half or even quarter position because you all know how big my positions are ;) Since it has already broken 1.08 chances of it going higher are greater...remember once you make 20 pips move sl to 10 pip...

2Greedy

EU got to 1.08 which is better than we had expected...as you can see it is about to bounce off the 200 MA that it has bounced from last time on a high. *pro tip: i shorted at 1.08 with a 10 pip stop and used my full account...after making 20 pips i reduced my position to half but still kept my sl at a 10 pip loss. This way even if it hits it i still make 10 pips...

2Greedy

Looks like every1 is looking for it to reach neckline...meaning there is a good chance that it will A good place to short is a little above the green horizontal line.

2Greedy

Try putting a fib on every "small" wave and look at the extension levels...will forward test this method on a small account and see what happens, stay tuned.