update
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- #396,921
- Feb 27, 2011 6:00pm Feb 27, 2011 6:00pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #396,922
- Feb 27, 2011 6:05pm Feb 27, 2011 6:05pm
- Joined Jan 2010 | Status: Trader | 2,841 Posts
To be honest with you the prices I quote are the prices at the current time...
Or to better explain this when I say the price is gonna go to x place.. that is the candle stop of that 1 hr 4 hr or daily .. then I try to fit wave structure into it... if it passes that point then either the wave did not finish or is having an extention.
and its not hard to predict the next level..just like GATORINLA does...
Its all about fibs.
I usually take the loss if it passes my price projection by over 10 pips... and If I am being stubborn I place my stop...
understood... thanks for the explanation...
do you use one set of fibs for say an impulse and and another set of fib levels for correctives?? or is there no hard and fast rule?
- #396,923
- Feb 27, 2011 6:07pm Feb 27, 2011 6:07pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #396,924
- Feb 27, 2011 6:09pm Feb 27, 2011 6:09pm
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #396,925
- Feb 27, 2011 6:11pm Feb 27, 2011 6:11pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
understood... thanks for the explanation...
do you use one set of fibs for say an impulse and and another set of fib levels for correctives?? or is there no hard and fast rule?
Its not easy to explain ..it is complicated ... every TF is different ..every wave has its frequency but they all come to a golden mean at some point to give us the short or long term trend...
You cannot use standard FIBS to take the precise entry..
I need to be on You tube or skype to explain.
Markets are not Random, they are designed!
- #396,927
- Feb 27, 2011 6:13pm Feb 27, 2011 6:13pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #396,928
- Feb 27, 2011 6:16pm Feb 27, 2011 6:16pm
- Joined Jan 2010 | Status: Trader | 11,001 Posts
trying a sar depending on st-pa around 3645, if we get there. the same is true for 3699 and 3672. hell, I'm prepared to reverse.
just to make sure to have announced this beforehand
just to make sure to have announced this beforehand
- #396,929
- Feb 27, 2011 6:17pm Feb 27, 2011 6:17pm
- | Joined Jul 2009 | Status: yo | 3,577 Posts
cable having a go at something
as for EU. I would like to see min 3715 before anything really. 3830 for the ultimate upside
for the bears 3744 is the first baby step.
- #396,930
- Feb 27, 2011 6:18pm Feb 27, 2011 6:18pm
- Joined Jan 2010 | Status: Trader | 2,841 Posts
no....
Its not easy to explain ..it is complicated ... every TF is different ..every wave has its frequency but they all come to a golden mean at some point to give us the short or long term trend...
You cannot use standard FIBS to take the precise entry..
I need to be on You tube or skype to explain.
you tube videos would be amazing... i would love to learn more and can pm you my skype?
- #396,931
- Feb 27, 2011 6:20pm Feb 27, 2011 6:20pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #396,932
- Feb 27, 2011 6:23pm Feb 27, 2011 6:23pm
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #396,934
- Feb 27, 2011 6:30pm Feb 27, 2011 6:30pm
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #396,935
- Feb 27, 2011 6:30pm Feb 27, 2011 6:30pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #396,936
- Feb 27, 2011 6:32pm Feb 27, 2011 6:32pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #396,937
- Feb 27, 2011 6:32pm Feb 27, 2011 6:32pm
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #396,938
- Feb 27, 2011 6:34pm Feb 27, 2011 6:34pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #396,939
- Feb 27, 2011 6:39pm Feb 27, 2011 6:39pm
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
