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Fibonacci Paradise

  • #281
  • May 6, 2010 4:17am May 6, 2010 4:17am
Chaps, if you wanna find a trend in something atm have a look at EURNZD. Poor EUR situation, strong NZD.

MD.
Keep smiling
  • #282
  • May 6, 2010 5:05am May 6, 2010 5:05am
MD, you like ths for GY H4?
Attached Image (click to enlarge)
Click to Enlarge Name: gy h4.gif Size: 24 KB
  • #283
  • May 6, 2010 5:23am May 6, 2010 5:23am
Quoting bartstop
MD, you like ths for GY H4?
It looks very respectable. Thom's opinion would nice.

MD.
Keep smiling
  • #284
  • May 6, 2010 5:24am May 6, 2010 5:24am
What's it 2 in the morning over there?
Keep smiling
  • #285
  • May 6, 2010 5:33am May 6, 2010 5:33am
Quoting Misterdaz
What's it 2 in the morning over there?
5:30, I wish I would have gotten up at 2:00. That's London open.
  • #286
  • May 6, 2010 6:35am May 6, 2010 6:35am
New EJ chart?
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 21 KB
  • #287
  • May 6, 2010 7:53am May 6, 2010 7:53am
Quoting bartstop
New EJ chart?
Again, it looks good but I don't understand the 138 enough to say yes or no. I know if I pull a fib in the usual way and my 138 gets hit to the pip and heads the other way it's a good reversal sign. To pull a fib to fit a 138 i don't understand enough yet.

MD.
Keep smiling
  • #288
  • May 6, 2010 8:05am May 6, 2010 8:05am
As you know I've been watching candle setups. I posted some earlier but here's another I have been watching. The bounce off the 50 had me interested, I'm not so sure about the earlier pierce as you know I like the pierce after the respect. I suppose the pierce comes after the 50 respect. I did not trade while Trichet makes his defence.

Attached Image (click to enlarge)
Click to Enlarge Name: eu060510b.png Size: 12 KB


MD.

EDIT: Another thing that baffles me and it's a point the flamers love to hang off. The 50 is not a fibonacci level.
Keep smiling
  • #289
  • Edited 10:16am May 6, 2010 10:03am | Edited 10:16am
I fibbed the arrowed candle and adjusted the fib looking for shorts. I'm short! Basiclly throw all your indicators away and buy Gold the way the worlds going. Oh and get yourself a shotgun.

Attached Image (click to enlarge)
Click to Enlarge Name: EU060510C.png Size: 17 KB


MD.

Edit: Actually forget Gold, make it tins of beans.
Keep smiling
  • #290
  • May 6, 2010 10:42am May 6, 2010 10:42am
Anyone see this?
Attached Image (click to enlarge)
Click to Enlarge Name: gy short.gif Size: 17 KB
  • #291
  • May 6, 2010 10:51am May 6, 2010 10:51am
Quoting bartstop
Anyone see this?
I was glued to EU. Risk is a dirty word.
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  • #292
  • May 6, 2010 10:52am May 6, 2010 10:52am
Quoting Misterdaz
I fibbed the arrowed candle and adjusted the fib looking for shorts. I'm short! Basiclly throw all your indicators away and buy Gold the way the worlds going. Oh and get yourself a shotgun.

Attachment

MD.

Edit: Actually forget Gold, make it tins of beans.
Target acquired!

That's another live one, not demo.

MD.
Keep smiling
  • #293
  • May 6, 2010 11:00am May 6, 2010 11:00am
Quoting Misterdaz
I was glued to EU. Risk is a dirty word.
This thing dropped like a rock.

EDIT: Now that 100 has been pierced, we have a target. Notice where my short order is at.
Attached Image (click to enlarge)
Click to Enlarge Name: gy drop.gif Size: 25 KB
  • #294
  • May 6, 2010 11:39am May 6, 2010 11:39am
Why did you get in there? A smaller fib or the break of that low or did god tell you to do it?

Don't get greedy now.

Off to the station.

Cheers.

MD.
Keep smiling
  • #295
  • May 6, 2010 11:49am May 6, 2010 11:49am
Quoting Misterdaz
Why did you get in there? A smaller fib or the break of that low or did god tell you to do it?

Don't get greedy now.

Off to the station.

Cheers.

MD.
When I drew the fib on the 1hr chart above, I saw the 61-50 so I jumped in. I wasn't planning on riding it that far but it showed no sign of weakness. That's one thing I've learned from staring at these charts for hours and hours. You can see how strong the move is by how the candle is forming. GY always jumps a bit but not this time. It fell like a rock. It hit target to the pip. Looking for longs now.
  • #296
  • May 6, 2010 12:56pm May 6, 2010 12:56pm
Has anybody updated the Aud/Usd 4 hr chart yet looks like we are in a downtrend now. I think!
  • #297
  • May 6, 2010 2:29pm May 6, 2010 2:29pm
Thom. I hope you were short on GY.
Attached Image (click to enlarge)
Click to Enlarge Name: gy w1.gif Size: 21 KB
  • #298
  • May 6, 2010 3:05pm May 6, 2010 3:05pm
Quoting Checkz
Has anybody updated the Aud/Usd 4 hr chart yet looks like we are in a downtrend now. I think!
Checkz, the fib is still good. Do you see how price touched the 138 target but didn't go through? When that happens, you leave the fib. It's a good indication that a reversal is coming.
  • #299
  • May 6, 2010 3:45pm May 6, 2010 3:45pm
Quoting bartstop
Checkz, the fib is still good. Do you see how price touched the 138 target but didn't go through? When that happens, you leave the fib. It's a good indication that a reversal is coming.
can you post a chart showing me how you pulled your sell fib that hit the 1.38 ext to the pip thanks alot
  • #300
  • May 6, 2010 4:02pm May 6, 2010 4:02pm
Quoting Checkz
can you post a chart showing me how you pulled your sell fib that hit the 1.38 ext to the pip thanks alot
Checkz, you asked about the 4hr fib right? That's what I was refering to. There's no need to update the 4hr fib. It's still good.
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