DislikedWho came up with trading 1 minute info? I seem to hear it a lot......SIZZLER?? Was it you?:surprisedIgnored
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DislikedWho came up with trading 1 minute info? I seem to hear it a lot......SIZZLER?? Was it you?:surprisedIgnored
DislikedHhhmmmm...
not sure.
My cornflower (now violet to avoid confusion) fib is just the weekly high/low.
And it retraced nicely above 61. So it must be the blue one...Ignored
DislikedNice one DXT - for a demo!
Here's my 5 min walk - the way I am thinking, M 1 had a 150 pip potential into T1 and M 2 about 190 pips into its T 1 - assuming that you take an entry around the exit from the DZ (Decision Zone)Ignored
Disliked.. and if these fibs are close to the message of skunny, would this imply that the next target would be the 162 of the pink fibs? and since the yellow fib was pierced (weekly), does that mean that the next target would be the 138 extension of the yellow fib? sorry for what may be questions that may have already been asked, and I am going through the entire thread, but I just haven't quite gotten through it yetIgnored
DislikedGreat explanation.
The essence on how I walk the fibs as well (exception: I leave my weekly high/low fib for the week as orientation!
Green fib = Target hit.
The last fib isn't valid (tradable) yet as the retracement didn't hit at least the 38.2 inner fib.Ignored
DislikedWhoops - guilty as charged sir! http://www.forexfactory.com/images/icons/icon11.gif - I run it in real time to give me the maximum ammount of practice - but I do also walk the fib on 5 other longer TFs too. http://www.forexfactory.com/images/icons/icon12.gifIgnored
Disliked
EDIT: Hmmm, Skunny said bright blue fib not dark blue fib. Confused again, sorry
And your earlier Friday fib did complete.Ignored
DislikedJust remember Issy, the lower the time frame the more to keep track of.....some have the mental capacity to do it....but, I don't...lolIgnored
DislikedYeah - dont tell me, I'm not Walking Fib - I'm Running Fib and it does get me a bit out of breath with all the exercise and excitement!
I do have a nice on screen alert that is easy to reset, so its not as if I have to watch every bar - just put it on my DZ and wait for the bleep.
That last drop was nice, it had retraced to a little over my 1 min 62%, then broke the low and dropped 93 pips to hit my T3 - still 10 pips from T1 off my 5 min, but a good place to take partials - if one was trading!Ignored