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Fibonacci Paradise

  • #441
  • May 19, 2010 8:59am May 19, 2010 8:59am
Quoting Misterdaz
So it doesn't apply to the first post.

MD.
It doesn't apply to the top post. The post that starts the thread.
  • #442
  • May 19, 2010 10:26am May 19, 2010 10:26am
Quoting bartstop
Thom, I would be more than happy to offer my charting service for a measly 10% of your profits.

Just kiddng.

I'm glad you like what you see. I think we've come a long way in the past few months. We couldn't have done it without your help. It's much appreciated.


Bartstop
Thats a Hoot! Yes you chaps have. Once you have a decent grasp on what works for you. The rest is just trading preferences and experience... and case in point right now... waiting for a big move scalping wee little moves counter trend.

TK
  • #443
  • May 19, 2010 10:28am May 19, 2010 10:28am
Quoting Misterdaz
I was looking at the GU 4h. I think it should be here.

Attachment

MD.
You are not Drawdown adverse are you...?
  • #444
  • May 19, 2010 10:44am May 19, 2010 10:44am
Quoting bartstop
Nice 50 touch.
My above chart was incorrect. This is the right chart.

I'm suprised MD didn't kick me in the nuts for posting that.


Bartstop
Attached Image (click to enlarge)
Click to Enlarge Name: eu correct.gif Size: 20 KB
  • #445
  • May 19, 2010 1:59pm May 19, 2010 1:59pm
Quoting ThomKnight
You are not Drawdown adverse are you...?
No Thom, not now that I have redlined my demo account and wiped out my 110% profit I had up until this morning.

The good thing is, like everyone here, I am still in demo. I got greedy and didn't factor margin for my account. That little red devil got me. It was also a test to see if the fib would hold to the otherside, might have been a good idea to use a smaller lot size or even bail out considering all the bullshit going on today.

I have learnt so much and now find I have overloaded myself with so many different fib ideas I don't know where to start sometimes.

I do know better. I now have a very small balance. Lol. It will be a good challenge for me to try to grow that again and manage it sensibly.

MD.
Keep smiling
  • #446
  • May 19, 2010 2:05pm May 19, 2010 2:05pm
Quoting bartstop
My above chart was incorrect. This is the right chart.

I'm suprised MD didn't kick me in the nuts for posting that.


Bartstop
That's my favourite fib, I'd bet the farm on it...oh sh1t, I already bet that today...I've got some old football cards...

MD.
Keep smiling
  • #447
  • May 19, 2010 2:10pm May 19, 2010 2:10pm
Quoting bartstop
My above chart was incorrect. This is the right chart.

I'm suprised MD didn't kick me in the nuts for posting that.


Bartstop
Well, the zero is miles from piercing on that or the break of the candle that respected the 38. Still one wouldn't have been in that.

MD.
Keep smiling
  • #448
  • May 19, 2010 10:54pm May 19, 2010 10:54pm
Things started off rocky but it all worked out at the end. I kept adding lots to my my last two trades until it erased my previous losses and gave me a small profit.
Attached Image (click to enlarge)
Click to Enlarge Name: New Chart.jpg Size: 95 KB
  • #449
  • May 20, 2010 2:23am May 20, 2010 2:23am
Some EU comments for you all.

" EU'S ALMUNIA SAYS BEST EXCHANGE RATE FOR CURRENCY IS THAT DECIDED BY MARKET, DOESN'T SEE INTERVENTION NECESSARY TO SUPPORT EURO"

MD.
Keep smiling
  • #450
  • May 20, 2010 5:38am May 20, 2010 5:38am
This would give me some comfort BarTstop.

Attached Image (click to enlarge)
Click to Enlarge Name: eu200510.png Size: 13 KB


MD.
Keep smiling
  • #451
  • May 20, 2010 6:27am May 20, 2010 6:27am
Fib the resistance up the backswing.

Attached Image (click to enlarge)
Click to Enlarge Name: EU200510b.png Size: 12 KB


MD.
Keep smiling
  • #452
  • May 20, 2010 6:29am May 20, 2010 6:29am
How about this one?

Attached Image (click to enlarge)
Click to Enlarge Name: eur200510c.png Size: 10 KB


I'm trying to give you hope here man.

MD.
Keep smiling
  • #453
  • May 20, 2010 6:38am May 20, 2010 6:38am
Quoting Misterdaz
How about this one?

Attachment

I'm trying to give you hope here man.

MD.
That's what I'm looking at right now. Fingers crossed.
  • #454
  • May 20, 2010 7:14am May 20, 2010 7:14am
I'm short live at 1.2355.

Look at the yen crosses, carry coming off.

MD.
Keep smiling
  • #455
  • Edited 7:46am May 20, 2010 7:27am | Edited 7:46am
BarTstop, you lucky lucky lucky crafty jammy fortunate lucky crafty lucky bl00dy fortunate yankee son of a b1tch!

Good trading!

MD.
Keep smiling
  • #456
  • May 20, 2010 7:51am May 20, 2010 7:51am
Quoting Misterdaz

Look at the yen crosses, carry coming off.

MD.
Not so fast there Cowboy.
Attached Image (click to enlarge)
Click to Enlarge Name: ej 138.gif Size: 21 KB
  • #457
  • May 20, 2010 8:00am May 20, 2010 8:00am
Quoting bartstop
Not so fast there Cowboy.
I'm sure the market will shoot the floor out from under that soon.
Keep smiling
  • #458
  • May 20, 2010 8:02am May 20, 2010 8:02am
Quoting Misterdaz
I'm sure the market will shoot the floor out from under that soon.
Very likely but I'm trying to proceed with caution. I'm a little wary after the draw down I've just gone through.
  • #459
  • May 20, 2010 4:39pm May 20, 2010 4:39pm
Simple 61.8 set

TK
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 15 KB
  • #460
  • May 20, 2010 4:57pm May 20, 2010 4:57pm
Quoting ThomKnight
Simple 61.8 set

TK
What's happening Thom? I'm going to stay out for fear that I would be revenge trading. I just took my first loss in almost 2 weeks.
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