DislikedThe other way around - 1.2594 is 61.8% fib of last week's range.
38.2% is 1.2721Ignored
Up or down, gimme a ticket
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DislikedThe other way around - 1.2594 is 61.8% fib of last week's range.
38.2% is 1.2721Ignored
DislikedHello Unicorn,
I can tell you that we have the same situation as yesterday, just in the opposite direction. Statistically we should be in compliance with the rules of Gann above 2680. This according to some indicators that I use and referring to the rules of Gann.Ignored
DislikedST, the way I calculate it, 2388 happened last so to retrace it back to 2926, 2594 is the 38.2 Fib. 2720 is the 61.8%.Ignored
DislikedNope. Market always makes those huge moves when I finally decide to take some rest, LOL... (missed the first peek... was a good one as I see at 11:00am EST...) but anyway I am waiting for 4pm EST to make any further decisions...Ignored
DislikedYou can do it that way, but it is backwards.
If price is moving up then a retracement calculates where price might have support on a pullback after subtracting X percent from the top.
If price is moving down then a retracement calculates where price might have resistance on a pullback after adding X percent to the bottom.
If that is your preference stick with it, just be aware that all the books instruct and most traders do it the other way so there will always be the head scratching "don't you mean........."Ignored
DislikedNope. Market always makes those huge moves when I finally decide to take some rest, LOL... (missed the first peek... was a good one as I see at 11:00am EST...) but anyway I am waiting for 4pm EST to make any further decisions...Ignored
DislikedFor those that follow DeMark Trend Lines, there is Qualifier 3 LTL break on the D1.Ignored
DislikedYou have the Sunday pm hours as a daily bar which is not correct if you ask me.
I know many do it that way but if you count 24 hours X 5 forward from the opening in the east you get to 5pm ET friday - a complete trading week.
As far as a TD TL qualified break. I know it fits the bill but it remains to be seen if this is one that doesn't work. GU has the same thing.Ignored
DislikedNot sure close my short or let it run
short eur/usd and gbp/usd 120 pip+ eachIgnored
DislikedAnd today, from my broker, is triple-carry day, so we could see a little run at longs at the end of the day. That's what happened one week ago.Ignored
DislikedNot sure close my short or let it run
short eur/usd and gbp/usd 120 pip+ eachIgnored