Fising... journal & Analysis..

hi guys..

just my personal preview...At H4.. i see... Gj..want create Ascending pattern wedge... in market... maybe... good...Short At the high just my opinion(i will post my pending order... at (206.30) Sell limit.

See...Gj fail break price EMA 50 At 30 minute......wow...Strong resistance... at price 205.15......ranging market....

http://img165.imageshack.us/img165/6...adadadaub4.jpg

See... Gj break Support.....Strong bearish at H1...QQE..has cross..Try to break new lower...

http://img260.imageshack.us/img260/3503/gjh1ph7.jpg

wow...scary ....to long now...Standby PO Short at fibo 61.8(204.57) my next plan.....See at tf 15..short again

http://img178.imageshack.us/img178/2608/fgsgsgsgzp4.jpg

look..Gj nice complete a retracement...fibo level 50%....continue..down...try break new support now,,,standby..your trailing stop..

http://img441.imageshack.us/img441/7...hhhhhdsiq4.jpg

just my personal preview..

Gj at H4..QQE..cross now...Maybe good day GJ to bull...

http://img160.imageshack.us/img160/6...sfsfsfsfb6.jpg

hi guys...my personal view...

i see.. at h4.. QQE (cross)..RSI (above 30 level ).. Stochistrogram(complete divergence bear)...it's so hard GJ want break a support level (204.96)...gj try to break 205.50 resistance today...if break..first target 205.82....next target... 207.25 just my opinion..

5:30am GBP http://www.forexfactory.com/images/m...mpact_high.gif Manufacturing PMI
http://www.forexfactory.com/images/m...etail_star.gif 51.3
51.0 50.7http://www.forexfactory.com/images/m...us_revised.gif

Today...News for GBP hope ...good data..

Some good info for all of u

Fibonacci retracement is fundamentally based on a single number, which is Golden Ratio 1.618 or 0.618. <---
(1/1.618 = 0.618 .just from different side of perspective)
This single magic mysterious number does all the trick and covers the entire Fibonacci numbers or Levels.

0.618x0.618 =0.382
0.382x0.618 =0.236
0.236x0.618= 0.146

So, here is the full sequence of Fib numbers(levels) from 0.1 to 1.0

0.146 1- 0.854
0.236 1- 0.764
0.382 1- 0.618
0.5 mid point
0.618 1- 0.382
0.764 1- 0.236
0.854 1- 0.146

(1.236 = 1+ 0.236 = 0.382+ 0.854 = 0.618x 2 = 2- 0.764)
(1.618 = 1+ 0.618 = 0.764+ 0.854 = 1/ 0.618 = 2- 0.382)

0.5 is not a fib number to be precise, but it is as important as fib.
At the same time, there is a Gap between 0.382 and 0.618, PLUS

(0.382 + 0.618)/2
(0.236 + 0.764)/2
(0.146 + 0.954)/2
= 1 /2
= 0.5

which means that the middle point of
0.382 and 0.618
0.236 and 0.764
0.146 and 0.854
is 0.5, and obviously it is also the middle point of 0 and 1.

These numbers cover fair range between 0 to 1.0.
It's as simple as that, just +or -. based on 0,618=Golden Ratio

in some Harmonic Trading book, they mention 0.786 or 0.886 using Root calculation etc.
I think these are rather Artificial manipulation of Golden Ratio, and I have no idea why they insist such numbers instead of employing the simple Fibonacci sequence.
You see 0.786 is close to 0.764 and 0.886 is close to 0.854.
This difference doesn't mean much, so why don't you use simpler ones?
The real simplicity from the Golden ratio appears on the sequence list I shown first.
So, I totally ignored these artificial numbers according to their book or site, and instead, employ simple Fib numbers.
Actually, For Gartley Pattern.(in the chart above)
If
XAB =0.618
ABC =0.618
BCD = 1.618,

XAD = 0.854 (= 0.236 + 0.618) !!
not 0.886.

Harmonic patterns behave like this, if you set up a couple of Fib ratio for each reteracement, Automatically, another Fib retracement ratio show up. That is why this pattern is called as Harmonic.
You can do math or using MT4 Fib line tool.
Again, as long as you stick to pure Fib numbers, since Golden Ratio would repeat itself, whatever you manipulates among Fib numbers, the result is Always on Fib numbers.
That is the beauty.
However, once you include the other biased fib numbers such as 0.886, it will be broken __________________

wow...Gj wanna hit my SL..204.70...if break hit my stoploss:surprised

Wow...hit my Stoploss...i'm accept my loss...stay out..see the best price to entry again

See.. at H1...

Bear rejection (205.45).... trap me consider bull market...

good data for usd

GBP http://www.forexfactory.com/images/m...mpact_high.gif Services PMI
http://www.forexfactory.com/images/m...dar_detail.gif http://www.forexfactory.com/images/misc/progress.gif54.0http://www.forexfactory.com/images/m...ol_refresh.gif 52.0 52.5

USe trailing stop....15 pips.....

after...close my buy..with trailing stop...


i see at h4... 205.47 is hard resitance now......if break...maybe gj can fly...if not... break...GJ 204.00 today..

latest preview from my chart....

triangle..is Fit now...maybe...a few hour can see.. strong movement

hi guys...my personal preview...

Gj at TF 15 minute... Gj above EMA50...above again strong resistance EMA 200...i prefer.. bullish continue again... Sl below EMa25 204.85 just my opinion..

let's see if GJ can break yesterday higher or not 205.75..(critical point)

205.45...is hard to break now...see at tf 15...4 candle try break...not break......if this a bear rejection...just look and see

guys... after hit my trailing stop...

GJ trap again... see a bear rejection price 205.45.. maybe Good PO long at 205.80..just my opinion