confluince @ 50% fib level EUR/CAD
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Dislikedam short here.[IMG]file:///C:/Users/User/AppData/Local/Temp/moz-screenshot.png[/IMG] [IMG]file:///C:/Users/User/AppData/Local/Temp/moz-screenshot-1.png[/IMG]Ignored
DislikedHi
Nice setup on the USD CAD , I took a short at 1.0477. Good support resis zone combined with trendlines. Also has just hit 62% fib retrace from previous swing high. No trend bias on the the higher 1D but lower time frame price action looks good to me. Lets see if it plays out.Ignored
Dislikedsorry for messy chart but no time to clean it up.
EU up 100 pips.Ignored
DislikedExcuse me for being dense today, but I just do not receive the message from your chart. Could you specify what it shows to those of us who are just too tired to interpret it right now.
Thank you-Ignored
Dislikedsorry for messy chart but no time to clean it up.
EU up 100 pips.Ignored
DislikedDo you mean it will go up to 1.2765 and then will return to present level of 1.2681??Ignored
DislikedI didn't predict this move down.
After having profit i got stopped out during my sleep.
Neckline may be brown dotted line or yellow dotted line now.
My guess is the yellow and then a retracement to 61.8 or 50% blue fib level.
The 261.8 blue level is almost equal to the 161.8 brown level to thats my final target.
Not exactly a no brainer.. i stop bothering you with my stuff then.. not a very active thread.Ignored
Dislikedi actually never use divergence..
But i should.
I just use confluince.
But i am a little lisappointed with my results last few days.
I need to use confluince in confluince with divergence
I definetely need to become more selective with the trades i take.Ignored
Dislikedwent long at yours trendline, expect 1,2750-70 area, will think about SHORT in this area too
http://a.imageshack.us/img844/1755/eurusd08092010.jpgIgnored