Dislikedyou are doing good occamsrazors!
it is just me that still dont know how to trade..
need to retrieve back all those old materials from my hdd and learn the basics on how to trade.
and i'll keep watching those 3 vids until it sinks in!
and also keep posting your trades with those explanations.. i thinks it was really helpfulIgnored
First was a loser. I entered early and didn't wait for the break of breach 50% level and paid the price. I put an intraday fib on the move in the Asian session. However it was bouncing off my TL for the third time on the H1 and it seemed to be holding and then I got a doji short. I then checked the next breach 50% fib long to see where that was (orange) and that also seemed to be stopping PA. So I took the short. But price was stopped at the 38.2 level and it went up and closed above the 50% breach level at 4830 where I exited for a small loss. (pls ignore yellow breach fib below - I was seeing if it helped to show if it might go short)
http://i228.photobucket.com/albums/e...3m15trade1.gif
After seeing the open above the 50% breach (I had adjusted to a slighly different high on the chart below) and trendline I then entered long. I exited at the 100% level (white) which is yesterdays high. Happy with that...
http://i228.photobucket.com/albums/e...15trade2-1.gif