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- Forexbiz replied May 31, 2012
the best I was able to do was $600 to $3000 in 1 week but yes this is a very risky way to trade I used the 15M TF for trend and enter on the M5 with high leverage and tight stops
- Forexbiz replied Mar 16, 2011
Wild Markets — Eur/nzd just went over 400 pips in 60 mins, everyone keep your eyes open
- Forexbiz replied Jan 4, 2011
hopefully it will smooth out soon, E/J moving smoother on H1 TF
- Forexbiz replied Jan 4, 2011
Done, thanks
- Forexbiz replied Jan 4, 2011
good work I use one similar, can your color be changed to yellow?
- Forexbiz replied Jan 4, 2011
3428...346X, 362X — previous post targets are still in play if price breaks 342X, may continue to 346X then possibly pull back after that targeting 362X, this in non farm report week so it may be a bumpy ride, would definitely focus on larger ...
- Forexbiz replied Jan 4, 2011
Daily Charting — lets see if PA can break 342X
- Forexbiz replied Jan 3, 2011
Daily Charting — EU has began the year where it left off with a strong bias to the upside, may touch 342X soon and perhaps pull back, a clear break of 342X may clear way to Fib targets 346X (38.2%) and 362X (50.0%) 377X all from the Nov 4th ...
- Forexbiz replied Dec 31, 2010
Moved over 100 pips so.... — in my opinion... price has moved over 100 pips since breaking area in post above and is in the zone of the daily average move so I would lock in profits at this point and only re-enter or enter on a dip or open and ...
- Forexbiz replied Dec 31, 2010
346X ??? — would be nice to open and close above 3428...if so may still see 346X before market close...need to get beyond 3428 first...stand by
- Forexbiz replied Dec 31, 2010
3428 in sight... — knocking on the door of 342X may get more, appears the market has decided to end 2010 with a nice move long, G/U has also ran for the hills
- Forexbiz replied Dec 31, 2010
Next target... — if price gets above 3428... next may hit 346X=(38.2% FIb), then eventually 362X=(50.0% Fib), & 377X=(61.8% Fib) all Fibs from the Nov 4th move down, watch for pull backs below 3428, daily candles have been bullish for past 3 ...
- Forexbiz replied Dec 30, 2010
this info can be very helpful, its from someone with over 25 yrs in the market and the head of a brokerage where they see the outcome and execution of many retail traders,the info added value to my trading video
- Forexbiz replied Dec 30, 2010
thank you, I try to keep my analysis/trading as simple as possible, and look at the market from a bull and bear point of view and go with the what I feel has the highest probability for a profitable outcome Happy New Year to you also...
- Forexbiz replied Dec 30, 2010
Bull vs Bear — a strong rejection of price at 330X area, short term would need a break of this Tl for a long, bears have it until then, if price closes below 317X which is the 61.8% FIb of the move up we may see 303X... however if price fails ...
- Forexbiz replied Dec 30, 2010
Post... url
- Forexbiz replied Dec 30, 2010
I am in agreement with your analysis, my opinion is not to long until this area is broken url
- Forexbiz replied Dec 30, 2010
its possible, the 23.6% Fib of the Nov 4th move down is a strong resis. may see a lower high into Friday if price stays below 330X, if not I am targeting 336X, market has a decision to make, either way not expecting price to hang around this area ...
- Forexbiz replied Dec 30, 2010
23.6% Fib target hit, could see 32.8% and beyond, Daily still looks bearish for me atm...lets see what happens url
- Forexbiz replied Dec 30, 2010
Position trades can be very profitable if you have the patience for them, still short since 3672 on my position trade url