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Fibonacci Paradise

  • #1,381
  • Jul 16, 2010 7:05am Jul 16, 2010 7:05am
Quoting CindyXXXX
Correct... But I never would have drawn the high where you did
The 61.8 placement is key. Respect of the other lines confirms that the 61 is correct. It's easy to draw after the fact.
  • #1,382
  • Jul 16, 2010 7:10am Jul 16, 2010 7:10am
Quoting bartstop
The 61.8 placement is key. Respect of the other lines confirms that the 61 is correct. It's easy to draw after the fact.
That gives me something to work with. Thanks a lot.
Time hides Nothing
  • #1,383
  • Jul 16, 2010 7:30am Jul 16, 2010 7:30am
It appears we are working on this at the moment.
Attached Image (click to enlarge)
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  • #1,384
  • Jul 16, 2010 7:46am Jul 16, 2010 7:46am
Quoting bartstop
It appears we are working on this at the moment.
This is what I got
Attached Image (click to enlarge)
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  • #1,385
  • Jul 16, 2010 7:47am Jul 16, 2010 7:47am
Quoting bartstop
Which ever way I want her to swing, seriously. It took a little practice but I can make her change direction.

I hear MD swings both ways.



Bartstop
Yeah, if I ever visit we can go to Brokeback Mountain. No maybe I'll f#cking well swing for you!

MD.
Keep smiling
  • #1,386
  • Jul 16, 2010 7:54am Jul 16, 2010 7:54am
Quoting Misterdaz
Yeah, if I ever visit we can go to Brokeback Mountain. No maybe I'll f#cking well swing for you!

MD.

Looks like I'm not the only grouchy one today!
  • #1,387
  • Jul 16, 2010 7:58am Jul 16, 2010 7:58am
Quoting CindyXXXX
My best -
GY is a tough one to fib on it's good days. Try GU. It's pretty tame.
  • #1,388
  • Jul 16, 2010 8:12am Jul 16, 2010 8:12am
Quoting CindyXXXX
Can you make your own highs like my first one, or a historical high (work back from the low - or does it need to follow the market highs after the low?

Hows this - Cool hey!
I'm not sure what you're asking. You really should pull from the low. There are other fibs at work, like the one you posted but that's fib stacking and we're still studying that.

This explains the 61.8 process.
http://www.forexfactory.com/showpost...&postcount=304
  • #1,389
  • Edited 9:29am Jul 16, 2010 9:10am | Edited 9:29am
Quoting CindyXXXX
Last one and i will stop polluting the thread with my nonsense

This is what I have for the GU, pulled the fib to the second retracement, I am most likely wrong but hey thanks Eggster and Bartstop for taking the time - I will be watching
Hi, try starting your fib from the very bottom or top of the swing.

There are many fibs we could be in but just practice that for now.

MD.
Keep smiling
  • #1,390
  • Edited 2:30pm Jul 16, 2010 9:23am | Edited 2:30pm
Skunny didn't want to rob anyone of the journey, that is why he started with 1 % of what is.

There is a gold mine of information in these two threads.

Anyone (maybe not anyone) that truely wants to figure this out, can.

I think you have see it for yourself.

As you are going through these threads and you see things like

"If we don't get a nice bounce on GU at 1.547?(anal ?), I'll eat Thoms other shoehttp://cdn.forexfactory.com/images/smilies/peace.gif"

Then you see a 200pip move, how about studying "WHERE DID THAT COME FROM"

I don't want or need to see a bunch of charts.. please just do it for yourselves, let everyone "see" it for themselves.

It is for your own benefit to do it, instead of someone just showing it to you.

You won't learn how to do this by looking at stagnant charts,...... vhands, strategy tester or a couple of years of screentime are the only way it is going to happen.

Have a great weekend everyone!
  • #1,391
  • Jul 16, 2010 9:31am Jul 16, 2010 9:31am
Quoting Eggster

"If we don't get a nice bounce on GU at 1.547?(anal ?), I'll eat Thoms other shoehttp://cdn.forexfactory.com/images/smilies/peace.gif"
You really liked that call didn't you! Got any others?
Time hides Nothing
  • #1,392
  • Jul 16, 2010 9:44am Jul 16, 2010 9:44am
It was a "heads up",because I felt many were looking for higher targets.


If you actually read the thread you might have seen other "heads up" posts.

Sorry, wrong place for calls.
  • #1,393
  • Jul 16, 2010 10:16am Jul 16, 2010 10:16am
Quoting bartstop
With all due respect (and that's a bunch).

This is what I see on AU.


EDIT: We're both right. It will go up, but there's a real possibility it won't go right now.
What kind of fib is this that you have drawn on the Aud/Usd?
  • #1,394
  • Jul 16, 2010 11:14am Jul 16, 2010 11:14am
I think its retrace time on the aud/usd my fibs told me so
Attached Image (click to enlarge)
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  • #1,395
  • Jul 16, 2010 1:29pm Jul 16, 2010 1:29pm
Quoting CindyXXXX
BTW - 1.3000 just hit on EURO i remember someone predicting here in an earlier post
not predicting mate... the charts said it was to be. 1.37 is to be as well. so is 1.63.it is as inevitable as death and taxes. I don't always "fundamentally" believe the fibs.. but they are right. Fundamentals though are complete tripe to being with... the market reacts on future data the now is already priced in.


TK
  • #1,396
  • Jul 16, 2010 1:34pm Jul 16, 2010 1:34pm
Quoting ThomKnight
this is the best i could make out of this rats nest. going into friday... count me out. Rather wait to load long.


TK
Tell me someone took this gy fib... I am a little sour i didn't trade it but friday and what not. Perfect fibs. the last upmove into the massive short off of the larger 100 rejection... just like reading a script or a play by play in sports. Also fibs are hogwash and the market is random chuckle.

TK
  • #1,397
  • Jul 16, 2010 1:43pm Jul 16, 2010 1:43pm
Quoting bartstop
Here's a 600+ pip move setting up.
you sure? you don't see any short..?
  • #1,398
  • Jul 16, 2010 1:57pm Jul 16, 2010 1:57pm
Soone once asked me about how you take longer term trades...pips are all the same 20 or 20000 but sometimes it is nice to walk away for a while or you may get insane risk reward allowing you to make a single trade a year a month etc...

these two charts in conjuntion tell me something. It doesnt seem to get much clearer...can it turn... absolutely...
orig chart http://www.forexfactory.com/showpost...postcount=1321

just throwing this out on the tiles for reference.

TK
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  • #1,399
  • Jul 16, 2010 1:58pm Jul 16, 2010 1:58pm
Hi guys, over the weekend is there any chance some one could coment on weather or not I have drawn the fib levels right for the week ahead on EU,
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  • #1,400
  • Jul 16, 2010 3:30pm Jul 16, 2010 3:30pm
On a 4h and a 1h I see the same shape, a completed fib using the way I like to pull them. Doesn't mean we won't go higher as previously posted, we will. I will look short until we see a turn.

Attached Image (click to enlarge)
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MD.
Keep smiling
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