Simple & Consistent Fibbing Method | Page 28 | Forex Factory

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Simple & Consistent Fibbing Method

  • #541
  • Mar 18, 2010 2:30am Mar 18, 2010 2:30am
http://img708.imageshack.us/img708/3148/now5.jpg
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  • #542
  • Mar 18, 2010 2:38am Mar 18, 2010 2:38am
http://img7.imageshack.us/img7/5719/h1view2.jpg
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  • #543
  • Mar 18, 2010 2:41am Mar 18, 2010 2:41am
Short @ 1.5288, Next breach level 1.5262
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  • #544
  • Mar 18, 2010 2:48am Mar 18, 2010 2:48am
We will short again once we have a close below our breach level 1.5262.
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  • #545
  • Mar 18, 2010 2:51am Mar 18, 2010 2:51am
Notice how this converges with our projected bear targets for today.
http://img192.imageshack.us/img192/2899/abcdff.jpg
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  • #546
  • Mar 18, 2010 3:00am Mar 18, 2010 3:00am
First set of targets hit and nice close below breach level, so we need to adjust our low of the day to the new low now.
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  • #547
  • Mar 18, 2010 3:03am Mar 18, 2010 3:03am
Good morning darling. Looks like a nice set up today.
A. Finesse Williams Making Millions One Pip At A Time!
  • #548
  • Mar 18, 2010 3:10am Mar 18, 2010 3:10am
Our next bear targets are at 1.5209 to 1.5224. Need to watch this support. However we are currently hitting a swing low at 1.5275.
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  • #549
  • Mar 18, 2010 3:10am Mar 18, 2010 3:10am
Quoting aswilled
Good morning darling. Looks like a nice set up today.
Good Morning aswilled! Indeed!
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  • #550
  • Mar 18, 2010 3:14am Mar 18, 2010 3:14am
We hit the bottom of our 15 range, so lets watch that! chart coming

http://img171.imageshack.us/img171/1039/now6.jpg
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  • #551
  • Mar 18, 2010 3:20am Mar 18, 2010 3:20am
Next breach level 1.5244
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  • #552
  • Mar 18, 2010 3:21am Mar 18, 2010 3:21am
Price traveled up to the daily 61.8 and fell to 5247. Making an intraday range of 5316 - 5247. Price gave a nice rejection at the intraday pivot and since fell to the intraday low.

http://img297.imageshack.us/img297/6327/cmcapture1a.jpg
A. Finesse Williams Making Millions One Pip At A Time!
  • #553
  • Mar 18, 2010 4:10am Mar 18, 2010 4:10am
http://img87.imageshack.us/img87/132...2mar180907.jpg
Non sunt multiplicanda entia preater necessitaem
  • #554
  • Mar 18, 2010 4:50am Mar 18, 2010 4:50am
http://img651.imageshack.us/img651/8813/now8r.jpg
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  • #555
  • Mar 18, 2010 5:22am Mar 18, 2010 5:22am
We have a close above breach level 1.5302 giving threat of upward movement.
Long entries are possible here. We will watch the reaction of price to this level before taking anymore positions.

http://img405.imageshack.us/img405/2209/now9.jpg
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  • #556
  • Mar 18, 2010 5:30am Mar 18, 2010 5:30am
We went back to the top of our trading range to resume downward movement.
Next breach level, 1.5283. We pay attention to here for continued downward movement or upward bounce.
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  • #557
  • Mar 18, 2010 5:40am Mar 18, 2010 5:40am
I am bearish on GBP/USD.
The long term outlook continues to be negative. The British exit of recession is mostly due to a revision of Q3 data, and not real, convincing growth. The UK has yet to show economic strength before the Pound rises. :nerd:
A. Finesse Williams Making Millions One Pip At A Time!
  • #558
  • Mar 18, 2010 5:50am Mar 18, 2010 5:50am
We are back INSIDE of our H1 channel and bounce of the inside of the TOP OF THE CHANNEL.

http://img27.imageshack.us/img27/1592/finallyq.jpg
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  • #559
  • Mar 18, 2010 6:12am Mar 18, 2010 6:12am
The pound has made three tl breaks (shaded area) and a daily and intraday pivot break to the down side. Though we have yet to hit any of out targets, just following the rules of this method, and the rules of trading, has made this day a profitable even before the US open.

http://img233.imageshack.us/img233/372/cmcapture2.jpg
A. Finesse Williams Making Millions One Pip At A Time!
  • #560
  • Mar 18, 2010 10:21am Mar 18, 2010 10:21am
GBP/USD
Well here goes the shorts of 1.5125 resistance. We should be seeing 1.5130-40 today.
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