But hey I'm only looking at s/r and fibs, and what the heck do I know, as nobody ever responds to what I post....so I guess I am a legend in my own mind.
I do watch with interest your comments. I am just not saying much.
I do watch with interest your comments. I am just not saying much.
- #57,342
- Jan 19, 2009 9:05pm Jan 19, 2009 9:05pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
wasn't this a retrace ?!
i saw it moving from 1.3015 to 1.3047
The move down and a fib retrace maybe better seen on larger time frames, but who the hell said it can't sit still for three hours and then drop, or go up for three days.
I'll wait on the next setup
- #57,345
- Jan 19, 2009 9:09pm Jan 19, 2009 9:09pm
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #57,347
- Jan 19, 2009 9:13pm Jan 19, 2009 9:13pm
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
- #57,348
- Jan 19, 2009 9:13pm Jan 19, 2009 9:13pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
If 4hr candle can close below .3026, we may see the next support at .2926 area. If we retrace I see resistance at .3056,.3081,.3139, .3186 and I see high around 61.8% of .3232. IMHO there is a strong s/r at .3172 and I think this will be the ceiling of a b$stard up move. The movement zone I marked in pink, the upper zone in blue, and where I see move in red. But hey I'm only looking at s/r and fibs, and what the heck do I know, as nobody ever responds to what I post....so I guess I am a legend in my own mind.Charts below and...
Yes your right in my opinion! I play each level ( S&R ) if there is no news and the price action gives me a setup I like.
Thanks for posting charts
- #57,349
- Jan 19, 2009 9:16pm Jan 19, 2009 9:16pm
- | Joined Oct 2008 | Status: Behaviour changes often | 1,170 Posts
Traders are smartasses
- #57,352
- Jan 19, 2009 9:18pm Jan 19, 2009 9:18pm
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
I am banking on the 1.300 holding. I have been wrong before though!
I am a firm believer this will go back up, but we have not retested low 1.2239, or established a lower low yet, at least not in my forex career.
Trade the chart not the yakity-yak!
- #57,353
- Jan 19, 2009 9:20pm Jan 19, 2009 9:20pm
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
Sorry
Yes your right in my opinion! I play each level ( S&R ) if there is no news and the price action gives me a setup I like.
Thanks for posting charts
- #57,355
- Jan 19, 2009 9:23pm Jan 19, 2009 9:23pm
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
Sorry
Yes your right in my opinion! I play each level ( S&R ) if there is no news and the price action gives me a setup I like.
Thanks for posting charts
Gold= 4hr
Firebrick= 1hr
Turquoise= 15 min
- #57,356
- Jan 19, 2009 9:25pm Jan 19, 2009 9:25pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
Thanks for noticing I was here! I was wondering if I had internet connection!
- #57,357
- Jan 19, 2009 9:31pm Jan 19, 2009 9:31pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
- #57,358
- Jan 19, 2009 9:35pm Jan 19, 2009 9:35pm
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
- #57,359
- Jan 19, 2009 9:37pm Jan 19, 2009 9:37pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
sideways r u refering to asian market? did i tell u about the time i spent in singa.....nevermind think you were talking about another subject... the sideways thing messed me up.. oh and its a myth...
That"s still on my to do list.
- #57,360
- Jan 19, 2009 9:41pm Jan 19, 2009 9:41pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts