Looks like the EU is headed for the 50 Fib on a retrace.
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
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DislikedJust beacuse we have been going sideways all day.
I'm sure if I stop looking at it, they will all get moving ....Ignored
DislikedMaybe someday in the near future we can focus on a certain currency pair mainly and follow along with how the trade is is suppose to be traded for easier learning. This Eur/Usd update really helped me because I actually got to see for myself what I needed to look for as far as a reversal trade. Thanks alotIgnored
DislikedLikewise Thom, no hard feeling towards you personally, but I do believe you have something to prove. I say that because you are making an extraordinary claim here. If the 100% jargon is not a huckster statement, then prove it. I don't really care to know the specifics as if I have a double motive in wanting you to prove something to me so I can use it for my own benefit, but why not start making trade calls? You've already made one regarding GY. I challenge you to get just 10 trades right in a row. All you need to do is post the direction, the stop...Ignored
DislikedShould we consider this to be a default by Thom ? how many did he do before going quiet ? was it 2 ?Ignored
DislikedThanks Speederad, those are valid points, I look forward to your next post. I must say I have been forgeting to fib the higher timeframes of late, they do trump the lower ones.
I had a quick fiddle at a kind of TK artificially forced fib on aud. I took the view that the previous swing had been more than 61.8 retraced so I pulled my fib back and down looking for shorts. I settled my fib on a couple of swing points I know Thom likes. Let's see where she heads.
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MD.Ignored
Dislikedduhnice fib.
artificially or suing the tool in a way that illuminates the cycle... I don't have a set way of doing things... i ahve a few but i need to see price is playing ball with what i am doing.. this would be one of those cases. I do not jsut blindly fibs swings and take them..
TKIgnored
Dislikedduhnice fib.
artificially or suing the tool in a way that illuminates the cycle... I don't have a set way of doing things... i ahve a few but i need to see price is playing ball with what i am doing.. this would be one of those cases. I do not jsut blindly fibs swings and take them..
TKIgnored
DislikedThat one turned out to be a winner and so have all the others I have tried in what I believe to be a TK style fib.
I have been watching Eur Gbp of late, it is looking particularly unwell. I think it has swallowed too much Greece.
MD.Ignored
DislikedI don't understand that to be honest... it is floating on the bottom...which if we are looking to pull up... will work... but is not ... in my opinion optimal. You may have a different way of doing things that works.
the tools is the thing... and finding out how to use it is personal... it is based on respect though to be sure. also i would be focusing on the price as it stands now... like within the last few hours or so...not taking xyz days of price on an hourly chart... I mean you certainly may... but then you are trading d1.
TKIgnored