My fib journal, vhands an all!

I've been kinda lazy recently so this journal will me sorted.

Now ive been reading bo's thread and skunny's thread for ages at this stage and it aint easy to get so this is my take
Some vhands from tonight.

So now after the Blue Big T1 being hit, we had a small retracement. Now i usually love to watch for retracements back to the big DZ, but here it just did not happen and watch how the green fib levels are borken, and then price continues on up to the green T1.
It just goes to show that the fib levels really are key. not SR levels?
And maybe after a T1 being hit, all bets are off???

Now here is where it gets complicated.
Are my fibs right here or not?
Skunny said that the 162 level or T2 is not important so i reckon these are wrong.

Is this a better way of drawing the fibs,
As you can see the two T1s are not hit, both green and red.
Now the damn question is how do i filter out that one short trade in the meantime, that would've sucked the enthuaism out of me eh?

Here's what ive been watching recently.
T1 hit on both sides.
Im currently walking fibs from last month to get to here though

Going back a month, you can see T1s being hit here and what price does after a T1 being hit. Note that price doesnt always retrace back to a DZ after a T1 being hit (obviously or else the market would be simple)

i think once a T1 is hit that the next swing is not pulled from the T1 itself. Its from the next independant swing, whatever that is.
We'll see how it plays out. Im goosed if i know what has been going on in the market the last week or so. Its all over the place, not obeying DZ's or hitting any T1s

That could maybe be why skunny could draw a fib from a very strange place indeed. Like my green fib here. Of course its all good drawing these guys after the event. Ive no idea how you'd do it otherwise Good man skunny.
Arrows show T1 hits

Next swing is obvious enough, and because it broke through the bottom side of the T1 again i think now, the red fib can be deleted

now next fib, both T1s hit, nice. I dont know if id have taken the first one short though, as it didnt get back into the DZ. well i probably would after it broke the 0 line. But drawdown would be big then.

Now an internal view of the smaller fibs in that move show a T1 hit nice, but the the little triangle really alarms me. Thats a fail and a loss as far as im concerned. Damn

last month.
This fib here, was actually drawn from other fibs hitting T1s. It was walked, i swear

Same day, another fib drawn on one bar only. Next bar gets to exactly the 50 line and then takes off to T1 to the pip.
Im seriously thinking about only drawing the 50 fib line
Anyway its fairly clear that you (as skunny says) always need 2 fibs on the screen. For me, i trade hourly so i have one big fib encompassing a few hundred pips and then ANother with about 50-80pips. This i trade from. Try to watch PA. Ideal trade is a bounce of the 50 and target T1. Noice

same day fib breaks high and stops at T1 again

watching vhands on a correctly drawn fib level is amazing. PA just beats off it so much, and then goes to its targets. drawing them correctly is the thing though...

there was a big drop after the last T1 was hit. I've no idea what caused that. Anyone know how to get news announcements from 26th March 08?
Anyway we still have to hit our target of 2.0138, so this temporary down blip allows us lots more pips in between. This can be where fibs intersect with the buying 'with the trend' mentality.
Anyway it looks like the upward move continues. We just need to watch the levels of the green fib. Hopefully they will be broken, and we will continue long...

ok, so the green fib levels were broken and guess what??
well a new fib was created with a T1 almost bang on the T1 of our red fib set way back 19thMarch, this swing is on the 26th!
So the market is random eh?
Well lets press play on vhands and lets see...

I dont curse that often, but fuck me
this is 100% trading!

what im hoping from tomorrows fibs. going long obviously...
green fib

and GJ

Alternate view of GJ, with bigger fibs as T1 has now been hit and looks to be going above it.
Either way its going to 208.10. Noice

Continuing on Vhands from last month. After T1 was hit, lots of weakness was shown, by the upside down hammer candle. Sure enough a decent sell signal came next for 30+pips