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- kris replied Jan 28, 2009
i think i can answer that, the 50 level is not a "real" fibo number. The main Fibonacci ratio is 61.8%. It is found by dividing one number in the Fib series by the number that follows it. e.g 8/13=13/21=0.618 The 38.2% ratio is found by dividing one ...
- kris replied Jan 28, 2009
When is the downtrend going to start? I am looking for a short opportunity. If 4H closes bearish, could it be the start of the downtrend.
- kris replied Jan 27, 2009
bearish channel. I am hoping to keep a short position, will price break below pivot?
- kris replied Jan 27, 2009
y are u predicting a long to 1.34? my fibs tell me to short to 1.30. Care to explain thx.
- kris replied Jan 27, 2009
Scalping on a long EUR now for 30pips. I think price wants to go to R1 again
- kris replied Jan 27, 2009
today might expect a large move downwards. towards perhaps S2 That will make 400 pips. Be careful though.
- kris replied Jan 27, 2009
I m on a short with you too. Expecting a dive downwards.
- kris replied Jan 27, 2009
bearish divergence at m15 and m30. Looking for a short opportunity
- kris replied Jan 27, 2009
i rather long to 1.4240
- kris replied Jan 26, 2009
looks like a bull run to 1.43 to me, i will get in if price closes above previous high. at around 1.4077
- kris replied Jan 26, 2009
tats great
- kris replied Jan 26, 2009
good tat u not worried, but if you dun mind, wats ur SL?
- kris replied Jan 26, 2009
On 4H, price has bounced on the 38fib level of last major downtrend. Could it be a continuation down? safer to wait for the current 4h candle to close. Of cable.
- kris replied Jan 26, 2009
based on 4H chart, it seems that it is bearish. Anyone taking longterm short from this position, or are we expecting further upmoves?
- kris replied Jan 26, 2009
I have gotten out of my short order at the strong support of 1.3933. Now price seems to move up. I am not sure man, but looking at the fibs, it could be a reversal on the 23.6 fib line based on last uptrend in 4h chart. This may retrace to the 61.8 ...
- kris replied Jan 26, 2009
Yes, I see a very strong possibility of price going up first then diving downwards. Could be a 300pips down today followed by another 300 pips down tommorow. But dun place short now, not safe yet. Wait for price act first.
- kris replied Jan 26, 2009
Short order, 1.3960. Expected TP: 1.3800 SL 1.4030 Today should be bearish, correction or trend continuation from yesterday, what do u think?
- kris replied Jan 26, 2009
For GBP/USD, Price may be going down again, it has bounced from 38Fib level of last downtrend in 4H. Sell 1.3932, TP: 1.3750 SL:1.4010 That will be my trade today.
- kris replied Jan 26, 2009
Today's analysis, Price should hit 1.3280 (see daily, it is a support and resistance level) and reverse down. It is also the 78 fib line of the previous down trend in 4H. When I see a reversal candle there, then I will enter the trade.
- kris replied Jan 26, 2009
i m long on GBPjpy. I think it will hit 125 very soon Today is a uptrend bull run Welcome the year of the OX - BULL!