I'm starting to pay alot more attention to fibs now Medici amazing how the price has pretty much been inbetween the 38%-50% all day.
Well not all day but from FO to now.
Well not all day but from FO to now.
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DislikedI'm starting to pay alot more attention to fibs now Medici amazing how the price has pretty much been inbetween the 38%-50% all day.
Well not all day but from FO to now.Ignored
DislikedYep just need to have the confidence to do them which I need to learn even when I see something wotk time and time again my mind will still doubt it something I really have to work on.Ignored
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Am off out for an hour or two now. I am going to wrire a proper detailed plan over the weekend going to be hard though with all the info I've learnt this week.
See you all in a bit.
DislikedAccording to Connie -the CCI and the Stoller bands ensure- quote " a method that would give a clear warning when the RSI would be caught on the wrong side of the market". BBs do not help in this regard.Ignored
DislikedThe Composite Index has been a secret of her's for a long time, but was finally published in last year's book "Breakthrough's in Technical Analysis" edited by David Keller. It is mainly used as a divergence tool, where she compares it to the RSI(14). The CI is an RSI without being normalized to the 0-100 scale. When RSI does not diverge with price, but CI does... that means there is divergence. So it is there to catch divergences RSI misses.
well it kind of looks to me like it's just as effective as anything else with divergences. What has...Ignored
DislikedSo can it be that easy ?
from one divergence to the next one ?
Well ...only if you know how to read PA correctly ...
pic #1 Still short looking for a possible exit/reversal .
Medici, I have marked the divergence from last swing low (a) , while it looks you have chosen the very last lows .
Does it make any difference ?
pic#2 still waiting ... I am updating on real time , the green TL's ,on every new LL on price & CI.
Is this tiny div. enough to exit ?
pic#3 is that enough to exit ?
pic#4 closed the short and I am Long ... but price...Ignored
DislikedTry the following exercise - on demo or small stake, take every setup you see without thinking once about it.
Look forward to hearing more about your plan. Don't miss the GDP party at 1.30...Ignored
DislikedHello Medici. I haven't seen this refered to anywhere (or maybe I missed it) just wondered how you get your fib levels i.e. do you draw from high and low of previous day and then drop down to the lower time frames for trading?Ignored
DislikedAfter this ~50 pip range for both eur and cable, they are both nicely coiled up and waiting for release - will the GDP be the trigger.....TWT - in 10 mins http://cdn.forexfactory.com/images/icons/icon12.gifIgnored
DislikedHello Medici. I haven't seen this refered to anywhere (or maybe I missed it) just wondered how you get your fib levels i.e. do you draw from high and low of previous day and then drop down to the lower time frames for trading?Ignored
DislikedAll revved up and ready to go, or, in Sim's parlance, ready for spunk fest!Ignored
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Cardwell states there is a close correlation between RSI and Stoller ( and not BBs).
BBs offer limited help in terms of timing and on small TFsIgnored
DislikedLOL - I'm giving serious consideration to selling 1 lot cable and buying 1 lot euro just for some excitement.....Ignored
DislikedLOL - I'm giving serious consideration to selling 1 lot cable and buying 1 lot euro just for some excitement.....Ignored