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Disliked@ Sizz.
Here's my take on that given the last swing.
It has bounced of the inner .68 mark and is heading south, my target to buy in long would be either the 0 or the -38, the -38 would be better as it would complete the swing cycle.
only my 2 pips.
<edit> wrong levels in postIgnored
DislikedI was going to post this earlier when I was a younger man. I think I'll take profit seeing no one will help meIgnored
Disliked
What is the other pair we are doing want to have a crack at it? I would like to see what your charts look like.
Sizz.Ignored
Disliked
I got my fib toasted on this pair last time I just went to fib it and I was getting bulls when all I can see on that pair is bears... I am bias. but I can;t be right both ways I don;t think here are is the way I am looking at it. the yellow fib is my concern. What am I am getting messed up on?
SizzIgnored
DislikedI have a question for anyone viewing this thread.
What is the definition of a "professional trader"? I ask this in all seriousness.
Do you need to manage client funds? Do you need to graduate from some course? Is there a code of ethics? Do you need to be successful or just professional? An adviser? I know of some self proclaimed professional traders, but I wanted to know if there is something that qualifies a trader as a professional. I have no intention on being one or calling myself one, I just wanted to know
Thanks in advance.Ignored
DislikedHave I addressed fib clusters? I don't think so. Lets add that to our vocabulary.
A fib cluster is when you have multiple s/r or ext's that end in the same area (within 10 pips or so). The reason for the 10 pips is usually due to the bad data feeds or manipulation of data. We all have to live with bad data so don't anyone whine about it. It is just a matter of fact, but if we know the rules we can play the game. I'm not sure I'm comfortable with the word confluence, so lets just say fib cluster.
Fib clusters add substance to the s/r areas and generally supply I nice hiccup in the move.(which you can trade).Ignored
DislikedHave I addressed fib clusters? I don't think so. Lets add that to our vocabulary.
A fib cluster is when you have multiple s/r or ext's that end in the same area (within 10 pips or so). The reason for the 10 pips is usually due to the bad data feeds or manipulation of data. We all have to live with bad data so don't anyone whine about it. It is just a matter of fact, but if we know the rules we can play the game. I'm not sure I'm comfortable with the word confluence, so lets just say fib cluster.
Fib clusters add substance to the s/r areas and generally supply I nice hiccup in the move.(which you can trade).Ignored
DislikedHmmmmmmm Should I??????????? Well nope its just too easy going to have to let that one pass.Ignored
DislikedOk so we watch out for a web of fibs but trade a fib cluster? what about a web of fib clusters? or a cluster of fib webs? methinks I is confuseded..... AGAIN.....
an example would be nice....like the maze I am negotiating on gj right now...sigh....... I think I am starting to understand the whole NO Friday thing...boy life is so much easier if I would just listen the first time
note to self>>> "Listen to Skunny Listen to Skunny Yes Dagoods you are stubborn and must prove it to yourself...but listen to Skunny! you imbeciley:
HELP!!!!!! AHHHGGGGGGGG!!! (ok i feel a lil better now)Ignored
Disliked... Every step you take in forex is important especially the indicator phase. There isn't an indicator I've used other than momentum that can tell you something you can't figure out on your own (with practice of course)(that is relevant to success anyway). You can trade any indicator when you learn how to trade. Good luck everyone!Ignored
DislikedWow! this is so true. When I started learning to trade it was bare bones, and a lot of intuition after watching where price had been and it's pattern of repetition, but then I took some courses and learned about indicators and things got more complicated or should I say clouded. As time progressed it got too confusing and I had to step away from trading for a month and return with clear eyes, but again the indi's crept back in, and the number of disagreeing indi's can paralyze a sane person. But when my dear, sweet, astute mentor/task master would send me a new chart almost bare, the scales would fall off my eyes and I would be amazed at how clear everything became. I have simplified, but as I continue to read, well a girl just gets excited at the prospects!
Thanks, KathyIgnored
DislikedOk Skunny since you were whinning about me taking "potshots" at ya I will attempt to be nice, LOL here goes.
SKUNNY,SKUNNY he's our man if he can't do it no one can, GOOOOOOOOOOOO SKUNNY
I hope that makes you feel betterIgnored