DislikedDon't be ignorant Willogal. What we are doing here it's learning from each other and everybody deserve to ask questions. Inzider has got a good point there even if his chart looks arcadish.Ignored
No offence meant Inzider, I assure you.
No brainer fundamental trades 55 replies
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DislikedDon't be ignorant Willogal. What we are doing here it's learning from each other and everybody deserve to ask questions. Inzider has got a good point there even if his chart looks arcadish.Ignored
Disliked+250 pips from the entry and counting. Nice down move when cable and usdyen is going in the same directionIgnored
Dislikedgreat trade belekas
perfect use of horizontal resistance line and sloping trendline.Ignored
DislikedOk - Sorry - I was not trying to be ignorant at all. I have seen so many threads lose all direction in a very short space of time and it is very important that this one does not.
No offence meant Inzider, I assure you.Ignored
Dislikedthanks mate. closed for 300 pips. it was also in confluence with 50% fibo of the last swing 235 pip range swing. i believe trading is about geometry and patterns and we have to keep it simple to suceedIgnored
DislikedI think theres another short comming on GBP/JPY right now of the previous low in confluence of 68.2% fibo @ 170.90/171
Edit: my sellimit was placed @ 171 and price missed it by 10 pips and bounced 70+ pips, damn, was a sweet short entry. Should have placed my sellimit right on the previous lows and not the round 171 number.Ignored
DislikedInteresting in the gbpjpy....we have exceeded the average daily range with this uge dowwnside move. Today's low of 168.90 [around the 169.00 round number] saw a bounce up of 200pips. Would the method in this case suggest another bounce setting up a nice double bottom with a lot of profit taking room overhead?Ignored
Dislikedthis level was tested and it will be probably broken. I am looking too 61.8% fib, but my starting point date is 22.10.2000. And that level is around 1.3047, which has good history of resistance.
One more argument is that sometimes i try to guess fib levels on currently active slope. Just try to draw fib on currently unfinished downhill, this imaginery fib fits perfectly to all levels
draw from 100% 1.6030 to 0% 1.3047
Drawing fib levels in advance can sometimes reveal rebound points with good accuracy.Ignored