This idea was first posted on Dec 9 but was hidden as I unknowingly violated one of TV's house rules and the idea was hidden. Reposting for everyone's reference as we get closer to the tgt profit level. Following Friday's positive NFP, S&P has turned very bullish short term and looks set to break the recent highs again. The duo fibo extensions drawn have an...
This idea was first posted on Dec 18 but was hidden as I unknowingly violated one of TV's house rules and the idea was hidden. Reposting for everyone's reference after a further dip. Watch out for the retracement to enter short! Having cleared the last bullish fibo uptrend at the 1.618 level, GBPUSD has turned very bearish in the short term. For traders who have...
This idea was first posted on Dec 20 but was hidden as I unknowingly violated one of TV's house rules and the idea was hidden. Reposting for everyone's reference as USDSGD seems to have bottomed out in the mid term. Having cleared the last bearish fibo downtrend at the 1.618 level, USDSGD is hovering at around this level. An initial rise followed by a...
Continue to lean long on GBPUSD, with 1.32 level as 1st profit taking after crossover Fibo 1.618 level. Monitor for possible trendturn to bear thereafter.
Nasdaq NQ having crossed the fibo level of 1.618, increased likelihood of trendturn to short for medium term. Look out for next retracement to 61.8% levels for short entry.
Hello all, my virgin posting here. Will be sharing more of my fibonacci swing/position trade ideas in time to come. Do give me your pointers if any on how to improve. =) USDJPY having crossed the fibo level of 1.618, trendturn to short might be on the cards. If this decline reaches close to 108 before retracing, prepare to short at 61.8% of retracement level....