Recent content by soul rebel

HI, if you wish to loin the telegram channel just scan the code (below the video) or just click the link... https://t.me/fpa_official

Upon booking result on EUR long near recent highs, I have taken short on GBP at the predefined level with breakeven stop ;)

Thanks for your input Sive, as always there is value in your analysis

I entered long - during the BoE rate/policy, the DXY hit 5/8R on 4HR chart simultaneously as EUR testing 127/1618 butterfly extension area (highlighted in today's video) result!

Thanks for all your dedicated updates, Sive ;) As the swings on GBP/USD can sometimes be bigger, I have been trading the GBP/USD alongside the EUR/USD, and wonder if you could mention on occasion the similarity in the set-ups, if appropriate.

On the last 'good news rally', I noticed ETH rocketed. But today it is steady like BTC, so maybe something is on the horizon that will halt progress after ETF euphoria is over?

the link is underneath today's video

Good Morning Sive, in case you did not realise you have uploaded the EUR video in this Gold post...

thanks Sive as an observation of the two charts (trading view chart layed on top of mt4 chart) I noticed how they start with the same shape, but then halfway they split off and mt4 deviated slightly higher also showing no gap as per the futures on tv.

Hi Freddy, yes they are.....but we get the idea from the lines between the points..... it's just a typing error I'm sure

Great analysis as usual Sive what do you think currently about aud/usd climbing back up to recent highs? Is the pair still worthy of your previous analysis to consider shorting?

the minimum target of the '3 drive' pattern, as I understand, is 30% (3/8) retracement of the entire move down (from the top of the first drive....in this case 12964 to the end point of the 3 drive in this case at 12800)

yes, I observed this yesterday although was not in time to pull the trigger. From entry at 12800 it would have resulted in 50pips - price is now at minimum target.

...I am looking at the 15m chart... there is a 1.27 butterfly extension developing that meets the 50% DRPO target for take profit on short and at the same time taking a long with stops below K-support as defined above

Hello Sive is the monthly grabber still valid for this set up after June close, or has the potential of this trade significantly decreased in your opinion? thanks