by Horatio Dubsly | November 2nd, 2017, 07:07:00 | Technical Analysis
I will use a EURCAD chart to try to explain how I use fib levels to determine my risk and trade entries . I’m using a current chart of EURCAD as I have had two successful trades using the levels that I about to example . Firstly a drew a fib from the last...
by Horatio Dubsly | October 31st, 2017, 09:01:51 | Technical Analysis
A quick glance at the Aussie chart shows strong resistance defined by a Fibonacci cluster and resistance area . The 0.7730/35 area could prove a difficult barrier to overcome in future sessions, We have the 61.8% fib from the 13-17 October high low which also...
by Horatio Dubsly | October 31st, 2017, 07:51:50 | Technical Analysis
I’m holding a short position in EURGBP and looking to add. Here is what I am seeing in the charts as we enter the Lon/Eur session . Best to take a glance at the trio of EURGBP, EURUSD and GBPUSD when setting up this cross trade. EURGBP is struggling. We have a...
by Horatio Dubsly | October 3rd, 2017, 06:17:16 | Technical Analysis
Three charts to offer food for thought on Tuesday EURUSD. See my previous chart here .Looking weak still. Price filled and drilled my first target and bounced up towards my 1.1820 level on Friday, where i placed another short trade. My second target is situated...
