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Simple & Consistent Fibbing Method

  • #361
  • Mar 12, 2010 8:38am Mar 12, 2010 8:38am
Ok thanks! Still a waiting game right now. Solid close needed below 1.5136 remains.
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  • #362
  • Mar 12, 2010 8:40am Mar 12, 2010 8:40am
You can probably better appreciate now, how the 50% of the last swing gives a better guide for entries and trend continuation.
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  • #363
  • Mar 12, 2010 8:41am Mar 12, 2010 8:41am
Of coarse I was thinking the low not the close!
  • #364
  • Mar 12, 2010 8:43am Mar 12, 2010 8:43am
Quoting Poocher
Of coarse I was thinking the low not the close!
No worries Poocher!
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  • #365
  • Mar 12, 2010 8:46am Mar 12, 2010 8:46am
Do you think on H1 chart it is a hangman?
  • #366
  • Mar 12, 2010 8:48am Mar 12, 2010 8:48am
Quoting meovn63
Do you think on H1 chart it is a hangman?
Yes meovn63, we have a close below 1.5136 now correct?
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  • #367
  • Mar 12, 2010 8:51am Mar 12, 2010 8:51am
Ok adding to my short position, lousy price action though!
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  • #368
  • Mar 12, 2010 8:51am Mar 12, 2010 8:51am
Yes 133 close on my platform.
  • #369
  • Mar 12, 2010 8:52am Mar 12, 2010 8:52am
Last 15m bar closed at 1.5133
Wise men say only fools rush in ...
  • #370
  • Mar 12, 2010 8:53am Mar 12, 2010 8:53am
Quoting Arnyboy
Last 15m bar closed at 1.5133
Thank Arny! So we have confirmed close at 1.5133.
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  • #371
  • Mar 12, 2010 8:55am Mar 12, 2010 8:55am
Yes the last 15m bar on my platform closed at .5135
  • #372
  • Mar 12, 2010 8:57am Mar 12, 2010 8:57am
Hmmmm sounds so close! Lets wait and see.
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  • #373
  • Mar 12, 2010 8:59am Mar 12, 2010 8:59am
I have a bullish butterfly on my 15m. This thing may want to go up further today as the day chart seems to be bullish...
  • #374
  • Mar 12, 2010 9:00am Mar 12, 2010 9:00am
Quoting meovn63
I have a bullish butterfly on my 15m. This thing may want to go up further today as the day chart seems to be bullish...
Thinking the same! 1.5200 or a bit lower is my preferred short level. And seeing how its dancing around the 1.5136 support I am not taking any further shorts.
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  • #375
  • Mar 12, 2010 9:04am Mar 12, 2010 9:04am
Do you still think the hangman on H1 chart just finished at 7am PST?
  • #376
  • Mar 12, 2010 9:06am Mar 12, 2010 9:06am
Quoting meovn63
Do you still think the hangman on H1 chart just finished at 7am PST?

Yes I do meovn! Trading safely. Still holding view to short below 1.5136.
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  • #377
  • Mar 12, 2010 9:20am Mar 12, 2010 9:20am
Loading Shorts
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  • #378
  • Mar 12, 2010 9:23am Mar 12, 2010 9:23am
Enter short 1.5034
  • #379
  • Mar 12, 2010 9:27am Mar 12, 2010 9:27am
Your 136 level is powerful Simoneg.
  • #380
  • Mar 12, 2010 9:29am Mar 12, 2010 9:29am
Quoting Poocher
Your 136 level is powerful Simoneg.
Not me Poocher...its all in the fibs
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