Same thing on euro, we are in the middle of two resistance and support levels I'm watching, sell around 1.4160 and buy around 1.4000
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DislikedOk, I am getting back into trading and I am hoping some of you might help, I really appreciate it.
In the H4 picture I can see that there is a major resistance level being tested atm. It would easy to know if level was broken or held, but as for entry how would that work?
In the H1 picture I am seeing that there are some very minor lows being made while level is being tested. I am just curious how the entry could be made, and where intraday fibs would be setup here. And to enter do we wait for breakout or first rejection of level before entring,...Ignored
DislikedI wouldn't look for a buy at this area. Rather trying to find a spot to sellIgnored
DislikedYep he bought an ovoerbought market...market was to extended...we dont have enought buyers in the market to maintain price so high after such a bullish runIgnored
Dislikedyes it seems unlikely that price goes higher without a retrace at least.... but if I were to buy the breakout I would wait for a bounce from 1.6440 although the next resistance at 1.6500 might dampen the run....Ignored
DislikedYep I agree....we have to make sure our entry has alot of confirmation to it so we dont get cought in all of the wip the market has been giving to all the people trying to stand in front of the train.Ignored
DislikedMy 4hr chart looks so wired.It's probably missing data.Funny thing I'm pretty sure I have lt last night.
Other than that, I agree with Sherm and Island, we may start to see some sells kicking in.Ignored
DislikedYeah looks like you're missing some candles on your chart
how come you only got 4 digits on IBFX? My demo has 5Ignored
DislikedHi,
I find the system appealing being a user of fib,but i have problem gettig the pdf fle posted by Bob on page 1 downloaded.Each time i do it doesn't open on my computer.Is it a problem with my system or the file is corrupted.Can someone with a good version pls post it for me to download?Thanks!Ignored