fxwaleed

fxwaleed

EURUSD is on a downtrend High@27-08-2015 06:00:00 Low@28-08-2015 15:00:00 31-08-2015 21:00:00 open price was at 80% probability to go up line The pair went up retraced to Fibonacci 0.764 level which corresponds to 97% probability to move down The pair moved to Fibonnaci 0.382 which corresponds to neutral 50%/50% probability between up and...

fxwaleed

Analysis of trend starting 27August to 31 August and its effect on trading 1 September The analysis shows the 50/50 probability line and probability at various levels inside the trend range

fxwaleed

Two Fibonaci, one is downtrend retracing to 0.618 after breaking key resistance @1.34839 and one is uptrend targeting -0.618 and currently facing resistance @-0.382 and moving in a Channel Closed with 112.5pips profit @1.3670 Rejoined long @1.3654 Close with 41.6pips profit @ 1.36956 Done for the week, will wait for the market to reach 0.618 next week and then...