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Fibonacci Paradise

  • #1,221
  • Jul 12, 2010 9:49pm Jul 12, 2010 9:49pm
You guys have confused me, we may go higher BUT

IMHO, the trade is short from 133.61 target 132.29.

good night
  • #1,222
  • Edited 10:21pm Jul 12, 2010 10:07pm | Edited 10:21pm
Quoting Eggster
You guys have confused me, we may go higher BUT

IMHO, the trade is short from 133.61 target 132.29.

good night
I see that we are long to 133.90 first.


EDIT: I think I'm wrooooooooong!
Attached Image (click to enlarge)
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  • #1,223
  • Jul 12, 2010 10:37pm Jul 12, 2010 10:37pm
Quoting Eggster
You guys have confused me, we may go higher BUT

IMHO, the trade is short from 133.61 target 132.29.

good night

I guess Eggster fib would be like this..
Attached Image (click to enlarge)
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Who are you mr Eggster.? Wow price is moving toward target now.

Bartstop, i guess I still need to learn to start pulling fib like yours.
Ha ha sorry to confuse you guys.

FunPip
  • #1,224
  • Jul 13, 2010 3:35am Jul 13, 2010 3:35am
Funpip

Yes to your last fib, that is the bigger fib I am watching.


Any astro dates (times) coming up?
  • #1,225
  • Jul 13, 2010 4:36am Jul 13, 2010 4:36am
OK , so who can tell me where that 120 pip bounce came from?
  • #1,226
  • Jul 13, 2010 4:45am Jul 13, 2010 4:45am
Quoting 3 Dog Night
Thanks for the reply.

So if I am not mistaken, we should see at least 133.74 on the gup, give or take a 1/2 pip?
OK. That was the long route but it got there. Perhaps 134.06 is in the cards? Tea leaf time?
Jeremiah WAS a bullfrog.
  • #1,227
  • Jul 13, 2010 4:47am Jul 13, 2010 4:47am
Maybe from here?
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  • #1,228
  • Jul 13, 2010 4:59am Jul 13, 2010 4:59am
AK
Exactly what I am seeing.

And what did this bounce accomplish, besides messing up a lot of traders?
  • #1,229
  • Jul 13, 2010 5:01am Jul 13, 2010 5:01am
What do you guys think about a buy at the 50%(green square) with a top 5-10 pips below the 61.8% Maybe TP at the 138.2% Not bad rr. Risk is about 15 pips and tp is about 80 pips
Attached Image (click to enlarge)
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  • #1,230
  • Jul 13, 2010 5:04am Jul 13, 2010 5:04am
Quoting Eggster
AK
Exactly what I am seeing.

And what did this bounce accomplish, besides messing up a lot of traders?
The way I trade these things is by looking at entries as steps meaning the first step is the 61.8 then we usually get a retace to the 50 then to the 38.2 so I usually get in at the 50 and ride it out depending on how I feel. R and R is really good. So what I am seeing is that the 61.8 was hit and now we are on the next step(the 50%) thats where the bounce came from in my eyes anyway
  • #1,231
  • Edited 5:24am Jul 13, 2010 5:15am | Edited 5:24am
Nice AK, you got it all figured out.

I haven't fibbed that pair, but I do see three pierces indicating we are going lower.


EDIT: just fibbed it I have Targets lower, but looks pretty good to me for a quicky
  • #1,232
  • Jul 13, 2010 5:27am Jul 13, 2010 5:27am
Heres an example of what I am talking about it happens pretty often so these trades are no brainers for me when I see them.
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  • #1,233
  • Jul 13, 2010 7:16am Jul 13, 2010 7:16am
Morning all. What the hell happened to GY? Looks like chop suey.
  • #1,234
  • Jul 13, 2010 7:30am Jul 13, 2010 7:30am
Yes? No? Maybe? Chop Suey?
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  • #1,235
  • Jul 13, 2010 7:34am Jul 13, 2010 7:34am
Up to 133.97 then down.
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  • #1,236
  • Jul 13, 2010 8:18am Jul 13, 2010 8:18am
Quoting bartstop
Up to 133.97 then down.

Wrooooong again.
  • #1,237
  • Edited 8:46am Jul 13, 2010 8:32am | Edited 8:46am
Quoting 3 Dog Night
OK. That was the long route but it got there. Perhaps 134.06 is in the cards? Tea leaf time?
Maybe. Could be.
Attached Image (click to enlarge)
Click to Enlarge Name: gy call.gif Size: 15 KB
Jeremiah WAS a bullfrog.
  • #1,238
  • Jul 13, 2010 8:48am Jul 13, 2010 8:48am
I think we're going long and this is why.
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  • #1,239
  • Jul 13, 2010 9:32am Jul 13, 2010 9:32am
I'm short GY looking for 132.27. I'd be happy with 132.50. Hands up who thinks we still go there? I could have got out for a 50 pt profit this morning but I didn't, why???? I don't know, I kill me.

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MD.
Keep smiling
  • #1,240
  • Jul 13, 2010 9:40am Jul 13, 2010 9:40am
Patience Bart

Correct me if I'm wrong, but I think both times you said " wroooooong"

you were riiiiight.

This is the beast, a bucking bronco... need nerves of steel to hold on.
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