Dislikedthat eu short was actually +8% not 6%
that ej may get stopped here as i have the UJ short--- which will bring 6.5% if it hits targetIgnored
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Dislikedthat eu short was actually +8% not 6%
that ej may get stopped here as i have the UJ short--- which will bring 6.5% if it hits targetIgnored
DislikedHeres my quick analysis of UCHF.
I would look for a break of 1.1617 then start looking short.Ignored
Dislikedi am going to start posting on this thread as well
i try and trade of the inner fibs to the 138 target--- i have a decent amount of losers but the winners more than make up for the losses. i am risking 2% per trade and will not take a trade (off the inner) unless i have at least a 2-1 RR, most are 4-1 or greater.
i rarely use swing fibs, i fit the .618 both ways by pulling up or back down on a given swing.
i still get ones that fail sometimes and i am unsure of why that is, i hope ThomKnight can maybe give me some hints when i find one that...Ignored
DislikedSure mate what is going on... you mentioned a failed UY trade.. lets que that up.
My only thought mate.. and this is personal preference... if you are trading untriggered from the inner supports.. like absolutely no way of knowing it will hit target you are gambling.. and obviously RR will save your bacon.. there are some ways to get pretty decent confirmation on this or at least cull out a lot of losers from inner fibtrading and we can go over that too if that is how you like to trade and are interested.
TKIgnored
Dislikedyeah the RR is what saves me
when i am anticipating the trigger being hit i will be nimble about getting out--- if it triggers then i will leave my stop and either take a loser or a winner at target
i am still watching other cycles for completion and trying to trade inside of those --- then trade off the PA
i would love if you would go over that
here is the uj trade----- technically it hasn't failed yet it just took me out at be
http://i47.tinypic.com/f4fwqe.gifIgnored
Dislikedej stopped me for -2%---- but it is still long from what i am looking at
taking another shot at it down here off this failed lower low--- not really thrilled with this one and only risking 1%
took another short off the same fib on the UJ managed +4%--- my initial trade would have netted +10%---- oh well
http://i50.tinypic.com/2itpvzs.gifIgnored