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Fibonacci Paradise

  • #921
  • Jun 28, 2010 4:34pm Jun 28, 2010 4:34pm
Quoting bartstop
No worries Thom.

I seem to remember someone (I think Skunny) saying that long wicks tend to be the most innacurate. Has that been your experience?


Bartstop
yes! absolutely. Check a few different data providers.
  • #922
  • Jun 28, 2010 4:49pm Jun 28, 2010 4:49pm
Quoting ThomKnight
So moving into where to from here... well on a d1 time frame the starts are alligning for this to potentially happen. Before i get guff for a stoch.. i use it to test windspeed here and there.. for me... the fib in conjuntion with the stoch say if we go... we go very nicely. Stoch or no if it goes after that set up it is going...again it is just a wind speed for me.


TK
I see your setup Thom. I take it you're looking down from here if 1.2130 breaks?

Oh by the way just looked at that bloody GY swing of yours, hit to the pip didn't it you clever old sod.

MD.
Keep smiling
  • #923
  • Jun 28, 2010 4:56pm Jun 28, 2010 4:56pm
Thom, here's a slight alternative on EU. A more optimistic fib I think. It's not to say mine won't break but this 138.2 fitted nicely for our original rally.

Attached Image (click to enlarge)
Click to Enlarge Name: euDaily.JPG Size: 101 KB


I'm sure your's is right but I wish it wasn't.

MD.
Keep smiling
  • #924
  • Jun 29, 2010 12:09am Jun 29, 2010 12:09am
Quoting Misterdaz
Thom, here's a slight alternative on EU. A more optimistic fib I think. It's not to say mine won't break but this 138.2 fitted nicely for our original rally.

Attachment

I'm sure your's is right but I wish it wasn't.

MD.
Mate yours is spot on also I think a w1 bought there too. But track up from the hit piercing the 61.8 may be a long across the bow but price now says no and my d1 hasn't. Phoned yet. No worries. And yes a hit only means a turn until price declines the offer. So what I see from that is that that short move is done and decision on direction may be long but I can't say from just that fib.
  • #925
  • Jun 29, 2010 2:10am Jun 29, 2010 2:10am
Made a Few pips this morning!
Attached Image (click to enlarge)
Click to Enlarge Name: New Chart.jpg Size: 117 KB
  • #926
  • Jun 29, 2010 2:16am Jun 29, 2010 2:16am
Hopefully my balck fib and red fib will get hit, they lined up so perfectly.
Attached Image (click to enlarge)
Click to Enlarge Name: New Chart.jpg Size: 121 KB
  • #927
  • Jun 29, 2010 3:28am Jun 29, 2010 3:28am
Target just got hit. Made 27 pips
  • #928
  • Jun 29, 2010 3:34am Jun 29, 2010 3:34am
Quoting Checkz
Hopefully my balck fib and red fib will get hit, they lined up so perfectly.
I would eat a cat if we don't hit 8580 and it is quite likely that 8761 was the last push to it
  • #929
  • Jun 29, 2010 5:26am Jun 29, 2010 5:26am
Thom, I haven't got a cat but I'm happy to mail my Westie over to you, he's a viscious little b@sterd.

I've been tracking GY this morning, paying attention to Thom's recent posts. This first chart is Thom's GY first postion 61.8 or swing fib whatever you want to call it from last week. I had some good trades from this. Notice the 138.2 hit and reversal.

Attached Image (click to enlarge)
Click to Enlarge Name: gy290610a.png Size: 16 KB


I then went looking short and fitted to a 138.2 but couldn't find a reason for it to fit so I dropped down a couple of time frames and found a 61.8 to 50 turnaround.

Attached Image (click to enlarge)
Click to Enlarge Name: gy290610b.png Size: 16 KB


See next post.

MD.
Keep smiling
  • #930
  • Jun 29, 2010 5:30am Jun 29, 2010 5:30am
With the lower 138.2 rejected I started looking long again. I currently have this swing fib in place which has shown respect of the 61.8 and pierced, 133.78 would be the target. whether this works or not it is all good practice for me and improving my understanding tenfold.

Attached Image (click to enlarge)
Click to Enlarge Name: gy290610c.png Size: 15 KB


MD.

P.S Nice one Checkz.
Keep smiling
  • #931
  • Jun 29, 2010 6:25am Jun 29, 2010 6:25am
Very nice, sooo simple!!



Great posts everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: mr.dgif.gif Size: 15 KB
  • #932
  • Jun 29, 2010 9:38am Jun 29, 2010 9:38am
Quoting Eggster
Very nice, sooo simple!!



Great posts everyone.
Thanks Egg man. I've had a couple more like that today, still the markets are getting a move on, down unfortunately.

MD.
Keep smiling
  • #933
  • Jun 29, 2010 12:38pm Jun 29, 2010 12:38pm
Quoting Misterdaz
Thanks Egg man. I've had a couple more like that today, still the markets are getting a move on, down unfortunately.

MD.
Hahah Unfortunately? soo...up is good... down is bad,mate? You should be a pundit. Chuckle. It's yin and yang both are "good" ,but thank god we trade and don't invest. chuckle. Also everything is earmarked for zero... not infinity... so sometime in the future.. this will be gone and will not crest past historical highs before it gets there as far as I can tell. I don;t know what that means , but i am sure it is not so much bad as a restructuring.

Hopefully everyone is making money from their charts and this threads calls etc. lots of lay ups out there.
  • #934
  • Jun 29, 2010 1:01pm Jun 29, 2010 1:01pm
Quoting ThomKnight
Hahah Unfortunately? soo...up is good... down is bad,mate? You should be a pundit. Chuckle. It's yin and yang both are "good" ,but thank god we trade and don't invest. chuckle. Also everything is earmarked for zero... not infinity... so sometime in the future.. this will be gone and will not crest past historical highs before it gets there as far as I can tell. I don;t know what that means , but i am sure it is not so much bad as a restructuring.

Hopefully everyone is making money from their charts and this threads calls etc. lots of lay ups...
I'd be interested in seeing your charts that show the target as 0.
  • #935
  • Edited 1:44pm Jun 29, 2010 1:29pm | Edited 1:44pm
Quoting bartstop
I'd be interested in seeing your charts that show the target as 0.
Alright what instrument?

EDIT: I am pretty sure you can do it with the tools you have now... get data from the early to mid 80's and go from there.

the old pound was at 2.4540 once... start pulling from there. thing of that ilk. Very interesting stuff for a nice trip...GY The all time high for this pair was 572.05 in February 1980.... the trend is your friend? Chuckle. I don't want to say doomsday... I want to say what we know know wont be this way... how I don't know..
  • #936
  • Jun 29, 2010 2:06pm Jun 29, 2010 2:06pm
Quoting ThomKnight
Alright what instrument?

EDIT: I am pretty sure you can do it with the tools you have now... get data from the early to mid 80's and go from there.

the old pound was at 2.4540 once... start pulling from there. thing of that ilk. Very interesting stuff for a nice trip...GY The all time high for this pair was 572.05 in February 1980.... the trend is your friend? Chuckle. I don't want to say doomsday... I want to say what we know know wont be this way... how I don't know..
I'm having trouble finding data that goes back that far.
  • #937
  • Jun 29, 2010 3:27pm Jun 29, 2010 3:27pm
Quoting bartstop
I'm having trouble finding data that goes back that far.
Ahh I know mt4 can do it or just get a pro charting package. It really doesn't matter because that could take 40000000000 years to happen I have no clue usd chf was at almost 3 about 30 short years ago. All that matters to me is now ish for making money in my lifetime I know I will see gy 80ish but 0 I hope not chuckle
  • #938
  • Jun 29, 2010 4:01pm Jun 29, 2010 4:01pm
Quoting ThomKnight
Ahh I know mt4 can do it or just get a pro charting package. It really doesn't matter because that could take 40000000000 years to happen I have no clue usd chf was at almost 3 about 30 short years ago. All that matters to me is now ish for making money in my lifetime I know I will see gy 80ish but 0 I hope not chuckle
I agree. Not that important. MD might know where to find it.


Bartstop
  • #939
  • Jun 29, 2010 4:11pm Jun 29, 2010 4:11pm
Quoting bartstop
I agree. Not that important. MD might know where to find it.


Bartstop
I know where to find it. You must go to the Dagobah system......haven't got a clue mate.

MD.

Edit: Actually I'll have a look on Bloomberg or Reuters tomorrow. Their fibs are shite though.
Keep smiling
  • #940
  • Jun 29, 2010 5:10pm Jun 29, 2010 5:10pm
Quoting ThomKnight
Hahah Unfortunately? soo...up is good... down is bad,mate? You should be a pundit. Chuckle. It's yin and yang both are "good" ,but thank god we trade and don't invest. chuckle. Also everything is earmarked for zero... not infinity... so sometime in the future.. this will be gone and will not crest past historical highs before it gets there as far as I can tell. I don;t know what that means , but i am sure it is not so much bad as a restructuring.

Hopefully everyone is making money from their charts and this threads calls etc. lots of lay ups...
I say this with a grin on my face but what is good or bad is down to personal circumstances and ones view of what is going down and how it will affect ones employ!

Bad for Misterdaz. Stock markets crash, customers panic and we have a run on our bank effectively making my job redundant as we will have no funds to invest hence I don't like things going down. Accepted EUR can go down and it will but I can see the reasons behind it and the broader effects that can have on other markets.

Good for Misterdaz. I get these fibs spot on and I make a bin load of cash and pack my job in. I get on a plane to the States, I buy certain jock a pint or 2 of bitter and a kebab then I head on down to Kansas to meet a Mr BarTstop, eat all his ribs and drink him under the table (I'd probably put a visit in to Australia as well ).

Ugly for Misterdaz. I make a bin load of cash, pack my job in. Walk in the door and my wife divorces me and cleans me out.

I have a vivid imagination!

MD.

P.S Thom, I noticed your EU fib from last night completed, oh and I was in it!
Keep smiling
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