Dukascopy Smart People Community

GBP/USD - End of correction?

flowx14 Posted 6 Feb. in #Trader's blog #Trader Contest #GBP/USD Forecast #Price Action Trading

Hello everybody.
I think we may come to see and end in GBP/USD correction and therefore it will go higher. Not only the pin bar formed, but bouncing off from the support. It may however retest it before going higher. Stay tuned!

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EUR/USD - Before market. What will we expect?

flowx14 Posted 4 Feb. in #Trader's blog #Price Action #EUR/USD #Trader's Contest #Price Action Trading

Hello traders.
We can see a short-term uptrend in h5 chart, but its definietly short term (really narrow)
It will hit this potential double top line soon. We do not know if it will break it or bounce from there but it will be a beginning of a BIG moves. So take your places when it comes!!
As always, GOOD LUCK to ALL.

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EUR/USD Short Term - 5h Chart view

flowx14 Posted 22 Jan. in #Trader's blog #Price Action #EUR/USD #Trader's Contest #Price Action Trading #Fibo Retracement

Hello everybody.
Today we take a closer look to EUR/USD consolidation and potential moves.
Take a look
After big jumps it's consolidating. EUR before usually retraced before moving to a new long-term-range higher high, so I am hoping for it now, too.
Enjoy and follow.

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USD/CHF Price Action!

flowx14 Posted 10 Jan. in #Trader's blog #CHF #USD #Price Action #USD/CHF #Price Action Trading

Greetings! Flowx14 here.
Today i've opened long position USD/CHF. Why? Simple not only because of reverse HnS in 4h chart. Price spiked a moment ago and got rejected, but only a bit. It retested 0.9756 lvls and rejected on that support TWICE, so it was retested already and is aiming higher. My SL is 0.9750, right beneath the support level. I doubt that it will go there, anyway. TP Is movable, if it's start of an uptrend... It may go high. The only trouble is that the price is trapped near resist…

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EUR-USD

flowx14 Posted 7 Dec. in #Trader's blog #EUR #USD #Price Action #EUR/USD #Harmonic Trading #Price Action Trading

Hello. Let's talk a bit about EUR-USD opportunities. Actually we are in long-term bullish trend and we are facing a retracement. Soon it will hit exactly 50% FIBO (1.1756) which is also a support level. I would advice to buy near that level with SL placed a bit below that - keep in mind that it would penetrate it by FAKEY and then just spike up Some smart traders with big accounts would even buy every dip to that level (since EUR/USD is really volatile) and so on, til 1.16640 is broken, we are…

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