DislikedJared- would you be so kind as to post your fib indie. There are a lot floating around. Yours seems to hit the nail on the head
ThanksIgnored
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DislikedJared- would you be so kind as to post your fib indie. There are a lot floating around. Yours seems to hit the nail on the head
ThanksIgnored
DislikedGood move dont jump on Cable short just yet the price action to me is saying its not done retracing yet, im on the sidelines as well for now.
the majors are all pretty much the same, the situation with the euro is the wide range its been running in since it made its overall high..its just making stair step type moves as in operates in this range, the best thing to do in the euro is play this range, zoom the euro out on the daily and you can see the ranging on the Daily chart since the high back in November.
But I use the type strategy with all the pairs I follow.Ignored
DislikedI'm a bit hesitant to post this trade. DO NOT FOLLOW ME ON THIS ONE! PLEASE!
I am long from 1.4927, not based on a break of a fib level, just a gut feeling with a small tp to 1.9440, my Swing High, with multiple lots. What I was looking at is support at 1.9412 has not been broken in over 6 hours, and there's a chance price will retrace to the Swing high which is resistance.Ignored
DislikedGood luck GM. My guess it's 50/50 but if it's within your risk tolerance then you're trading your plan. Are you live or demo with the multi lot 'scalps'?
1am here now and need some kip. Until London open, Good night y'allIgnored
DislikedWatch Bo's new video on how to set up the fib tool manually. http://www.forexfactory.com/showthread.php?t=50767 I'll post a template of my chart with the fibs on it. They might need to be adjusted, but it has all the different ones I think.Ignored
Dislikedhi jared. im steve from australia and i have been following along. congrats on this site. im very much a beginner trying to learn from you guys. did take that gu long but for no other reason that the hourly candle closed above the swing long. 1st take profit at 1.9500 and plus 28 currently with s/l moved to just under low of last candle. good luck jared. talk later. steveIgnored
Dislikedhi jared. im steve from australia and i have been following along. congrats on this site. im very much a beginner trying to learn from you guys. did take that gu long but for no other reason that the hourly candle closed above the swing long. 1st take profit at 1.9500 and plus 28 currently with s/l moved to just under low of last candle. good luck jared. talk later. steveIgnored
Dislikedhi steve i'm also from aus good to see another aussie here and thanks jared this is a great compliment to bo's thread
joyIgnored