Please do the gbp/chf pair. thank you.
- #102
- Mar 22, 2008 8:11am Mar 22, 2008 8:11am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
Yep thanks for the compliment BONES....and yea remember every trader can see the market in a million ways...i will show how i see the gbp/usd...
First of all my way of viewing the market is only obtained from the 1 hour chart...the reason i only stick to this chart is because i dont whant to get paralysis when it comes to trading. In other words if i start looking at more charts i iwill find way more things that say the apposite.. and from the 1 hour chart i also fell i get all the info needed...
Also i dont feel the need to use any other time chart because i get the info in my one chart....If you whant take a quick look at the croses of the ema 8 and 64....they ussually hold preety neat for a good time...so just by trading in their direction you have a good direction of the market....
Right now they are saying short...so i say short...lol....thats how i get like my littel summarry of the market....i dont trade the cross but by having the cross on my favor i feel way better entering a position...also in my chart that i will post up right now is show me the major trend tren now is bearish since we are under those big red fibbs...i see those fibbs as major resistance and i wont try to brake them if anything i will like to see a bounce going south on any of those or on the green once like we are doing now........also i forgot to say the 256 ema is my external trend line...once that gets broken i change my perspective in direction..preety good......but the most importn part for me is to see a brake of redd fibs and then i will play my fibbs...
So lets say price start to go up into areas i do not like ...its very easy what to do...go to another currency that fits your style at moment and that you feel you can operated it since it meets your criteria.... I rather perfect 1 timeframe then to try and perfect many...
Hope this helps ask me any other questions if needed....
First of all my way of viewing the market is only obtained from the 1 hour chart...the reason i only stick to this chart is because i dont whant to get paralysis when it comes to trading. In other words if i start looking at more charts i iwill find way more things that say the apposite.. and from the 1 hour chart i also fell i get all the info needed...
Also i dont feel the need to use any other time chart because i get the info in my one chart....If you whant take a quick look at the croses of the ema 8 and 64....they ussually hold preety neat for a good time...so just by trading in their direction you have a good direction of the market....
Right now they are saying short...so i say short...lol....thats how i get like my littel summarry of the market....i dont trade the cross but by having the cross on my favor i feel way better entering a position...also in my chart that i will post up right now is show me the major trend tren now is bearish since we are under those big red fibbs...i see those fibbs as major resistance and i wont try to brake them if anything i will like to see a bounce going south on any of those or on the green once like we are doing now........also i forgot to say the 256 ema is my external trend line...once that gets broken i change my perspective in direction..preety good......but the most importn part for me is to see a brake of redd fibs and then i will play my fibbs...
So lets say price start to go up into areas i do not like ...its very easy what to do...go to another currency that fits your style at moment and that you feel you can operated it since it meets your criteria.... I rather perfect 1 timeframe then to try and perfect many...
Hope this helps ask me any other questions if needed....
- #105
- Mar 22, 2008 10:19am Mar 22, 2008 10:19am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #109
- Mar 23, 2008 7:51am Mar 23, 2008 7:51am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Hey man you saying your under 18?cause im impressed if you are.
Really not trying to put you on the spot just trying to learn which I already have on the way to apply my fibs.
Really not trying to put you on the spot just trying to learn which I already have on the way to apply my fibs.
On-site guru & also FF member's' psychiatrist, when not drinking tea
Hey man you saying your under 18?cause im impressed if you are.
Really not trying to put you on the spot just trying to learn which I already have on the way to apply my fibs.
Well today Iam going to explain how i do this on the gbp/chf I will show this on the fallowing posts..
