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- 30 Results (2 Threads , 28 Replies )
- RBing replied Jul 18, 2008
FXTrader, if the first answer is yes then it seems the second one should be yes as well. Lets say I'm long from yesterday. Today the market goes up and it's at .+.25 for the day. I have a good chance of still being in the trades long because total ...
- RBing replied Jul 18, 2008
I love this thread and want to say thank you for it. Here's my question. Let's say today is my first day to trade and I look at the pair and it's at +.25 for the day. It's a short trade for me. Although you guys may not being going short because you ...
- RBing replied Feb 2, 2008
Scotty, I was watching it but I don't make trades based off of the 4 hr. Saying that it did react right off of the 38 retracement. My worry is that it will go up and then test the 61 retracement and I can't handle that kind of drawdown. So I'll keep ...
- RBing replied Jan 25, 2008
They didn't steal the card itself, they hacked into the bank's computer and stole all of the info. From there they made a new card themelves. The bank customers never an idea until the money was out of the bank.
- RBing replied Jan 25, 2008
You can set a maximum daily withdrawal from ATMs but you make purchases on more than that amount. There was just a story on the news tonight here in Dallas and one of the banks had all of their customers check card info stolen and the people that ...
- RBing replied Jan 18, 2008
The first up and down arrows are for my previous fibs, what I wanted to see was a higher low than my previous fib. Since it was the same or near the same that signaled that it wasn't establishing a new area to draw.
- RBing replied Jan 18, 2008
An easy way to put what I was trying to say. It needs it's on unique range of high and low and not a matching high or low with previous fib.
- RBing replied Jan 18, 2008
Skunn, I was watching that trade set up live and I'll tell you why I didn't take it based on the fib(no I don't think it's a valid place to draw the fib). The area of support were you have your fibs drawn is almost equal to the support level of the ...
- RBing replied Jan 15, 2008
Sizzler, I've noticed you're drawing your fibs differently than I am. I believe Piphitman draws his like I do. ie In a downtrend I draw my fibs from the low it just reached to the highest resistance retraced from that low. It looks like to me you're ...
- RBing replied Jan 13, 2008
Ok Skunny, thank you for the help on the - sign in front. Once last question, what scale # should I use?
- RBing replied Jan 13, 2008
Skunny, I dont' see where the settings are? LOLOLO I feel like an idiot but I want to use these. I've been using fibs and doing very well but just doing the Gann lines on the support areas I can see how this can add to my trading using the fibs with ...
- RBing replied Jan 13, 2008
I can figure most things out on my own but I'm seriously struggling with the Gann lines. I use MT4 and I've tried and tried but I can't seem to figure how everyone is drawing them. I can draw from support areas going up but not from resistance going ...
- RBing replied Jan 11, 2008
Went to sleep last night, just woke up and I made a little over 500 pips last night. My tps where hit to the pip on almost every trade. Thank you Skunny!!!!!!!!!!
- RBing replied Jan 10, 2008
That was a nice 51 pips for me. Now what will it do? lol
- RBing replied Jan 10, 2008
I do, at least I hope it will. I have a tp set for 162.05 If anyone looks at the usd/chf on the daily, it looks like a picture perfect set up to go short. I'm short at the penetration and will go short again at the 38 and 61. Of course I will go ...
- RBing replied Jan 9, 2008
Sizz, it's hard for me to see your chart but I think your yellow fib is drawn wrong. The low is correct but once that low was reached you should have been waiting for the best resistance for it which should have been the bar with a high of 161.67. I ...
- RBing replied Jan 9, 2008
Sizzler, I think I know where you drew your fibs. At first I did as well but then I ended up using the low of 107.88 and the high of 109.72. This is based off of the 4 hour chart. It gives a clearer picture on this cluster. I'm guessing you used ...
- RBing replied Jan 9, 2008
Anyone who is having problems with where to draw your fibs, if you're using MT4, it has Bill Williams fractals in the inicator list(I know I know this is a indicator free environment) but if you'll draw your fibs on those it will be spot on.
- RBing replied Jan 8, 2008
I brought up trading a counter trade to the first penetration and decided to start trading it live on the smaller time frames. So far I've traded it live off of the 30m and 1hr and I must say it's been very successful. I typically use a sl of half ...
- RBing replied Jan 5, 2008
Thexder, I've already been trading that way. I'm not looking to offset the drawdown, I'm just looking for the best trades. If after the penetration 50% of the time it goes back down to the next fib level before it goes to the extension then why not ...