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- Scipionz replied Sep 2, 2010
EDIT: No bitching law applied! LOL!
- Scipionz replied Sep 2, 2010
Funny place here! Hard time to get trough 78.6% correction of last leg up daily and getting at 1.618 in time of the same move - replicated over this drop.... Make you conlusion, LOL! Pointing someone weakness will always be a way to hide his own. ...
- Scipionz replied Sep 2, 2010
I admire your harmonic vision of this! I hardly found peeps that can follow this kind of approch. This stuff is gold. Good trade! ---------------------- Im starting to be tired of all those triangles.... LOL!
- Scipionz replied Sep 1, 2010
If downside.... Level I am watching are 1.5324, 08, 1.5290, 1.5240, 1.5220. I doubt over 1.5440/50 tonight... I can be wrong.. LOL! Let's see!
- Scipionz replied Sep 1, 2010
Beware price is back at a breakout point, could reverse around here. Support will act as resistance now. Take care!
- Scipionz replied Aug 31, 2010
Hey! Nice to see ya around! You need to eat... sometimes. Lol! Soon & regards!
- Scipionz replied Aug 31, 2010
We should have a good reaction at the level. Some like 50% correction of last leg, maby more. Let's see... 1.5308, no blind trade waiting some kind of confirmation and fast BE. Good luck!
- Scipionz replied Aug 31, 2010
I'm not Tau but pleasures!
- Scipionz replied Aug 31, 2010
That ratio make leg AB 100 pips and CD 200 pips. so 1.618 of AB leg = CD. In short, your CD leg is 0.618 longer then AB. Usual expansion are 1.27 1.414 1.618. Take care!
- Scipionz replied Aug 31, 2010
Nice catch for GY no doubts!! Time to cash maby half at least?! I have a bunch of fibs that create a cluster there, if this dosen't get over 1.5370, I think yes that pattern will complete at 1.5308. Also, if you take higher trendline and duplicate ...
- Scipionz replied Aug 31, 2010
I think 1.5308 will be the best entry for this one.
- Scipionz replied Aug 31, 2010
url Look into LFX symbol. Later!
- Scipionz replied Aug 31, 2010
Last 2 bars on 4h USDX makes tweezers on top and been sold agressively at the end keeping it well into down channel! Wide wick.... closing in 3.5 min.
- Scipionz replied Aug 31, 2010
The PRZ will always be an area of potential reversal (zone). But the thing can make butterfly also... so obviously never blind trade those. Take care!
- Scipionz replied Aug 31, 2010
Totaly right. @ 78.6% of last up move, and @ FE1 of last move down. Targer fibs level of last leg down.
- Scipionz replied Aug 31, 2010
It always look complicated when you don't understand it. Nothing complicated into a 45 degree angle... even boring. VSA is complicated, and still simple when you understand it, with pratice. (nice buying volume on last 2 5min bars...) Take care!
- Scipionz replied Aug 31, 2010
Thx for the exemple!! I need to pratice, as how to calcul angle vs the time frame I use. Any tricks on your side to decide if the angle if well draw? Regards!
- Scipionz replied Aug 31, 2010
Hehe, ok thx for the hint. Make full sens... nothing is bullet proof in trading. I'm studying this lately.... Nice to have your word on it. Best Regards!
- Scipionz replied Aug 31, 2010
Any of you are using Gann angle? Preatty accurate stuff. I'm looking at the rate price/time vs TF and seems each any TF have his rate about it. Like to trace a perfect square on 1min you need to use 1:2 (1 price unit for 2 time unit), 5 min is ...
- Scipionz replied Aug 30, 2010
My 4h bar will close at support without any wick showing lost of bull momentum. This also take more time to dig out of this hole then last time. But still in the range... Let's see...