ANOTHER HISTORY BEING MADE, TAKE A LOOK YOURSELF, THIS NOT A TRADING SIGNAL, THIS IS A TRADING SYSTEM . I CALL IT WTFOREX THE BAAAAAAAAAAM, BAAAAAAAAAAAM SYSTEM 
- #7,182
- Aug 12, 2011 4:18am Aug 12, 2011 4:18am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
gbp/usd support and resistance
are you trading gbp/usd, 1,2 and 3 targets has been reached..be careful here.
- #7,183
- Edited 6:15am Aug 12, 2011 5:57am | Edited 6:15am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
Daaaaaaaaaaaaaaaaaaaaaan, will be driving soooooooooooooon, 
, and the market will start moving, by the time he gets home, the move is done, Baaaaaaaaaaam LOL , clock work, thanks Dan
Pretty boring morning...
Mme, I'll be driving soon
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Dan
- #7,184
- Aug 12, 2011 7:56am Aug 12, 2011 7:56am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
some nice short stops has been taken out.
- #7,185
- Aug 12, 2011 8:17am Aug 12, 2011 8:17am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
124.92 holding strong and is trying hard to break this short stop area
- #7,186
- Aug 12, 2011 10:53am Aug 12, 2011 10:53am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
Gold
Each time frame has it's own swings, and targets. Each time frame also has its own trouble areas and the larger the time frame, the larger the trouble. Gold has been SOOOOOO technical it's not even funny, but all trading is.
We have reached many large time frame FULL targets, some so close and others to the pip! Can you say Fibonacci is AMAZING! We need to be careful, wait for direction and work level by level.
Dan
- #7,187
- Aug 12, 2011 11:20am Aug 12, 2011 11:20am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
Oh, 1716 (the 61.8 of the 240 down move) will be the barrier I'm looking at. We cannot tell the market where to go, or what to do...we only take trades level by level. We will see if this area holds or gives way...
Dan
- #7,188
- Aug 12, 2011 12:47pm Aug 12, 2011 12:47pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
Nzd/Chf support and resistance. Trying to find a good trade, use fibonacci, nothing more, nothing less
- #7,189
- Aug 12, 2011 1:19pm Aug 12, 2011 1:19pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
Taaaaaaaaaaaaaaaaaaaaarget reached baaaaaaaaaaaaaaaaaaaam Nzd/Chf support and resistance. Trying to find a good trade, use fibonacci, nothing more, nothing less
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- #7,190
- Aug 13, 2011 4:41pm Aug 13, 2011 4:41pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
Usd/Cad , in case you missed it. usd/cad next move, in case you missed it,
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- #7,191
- Aug 13, 2011 6:12pm Aug 13, 2011 6:12pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
aud/usd
Dan
- #7,193
- Aug 13, 2011 7:35pm Aug 13, 2011 7:35pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
EUR/CHF
Dan
- #7,194
- Aug 13, 2011 7:38pm Aug 13, 2011 7:38pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
Hi Aman,
I'm hoping we can all have another week where it is raining Pips!
LOL
Take care,
Dan
- #7,196
- Aug 13, 2011 8:03pm Aug 13, 2011 8:03pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
We are going fishing for some Big Fibs Hi Aman,
I'm hoping we can all have another week where it is raining Pips!
LOL
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Take care,
Dan
- #7,198
- Aug 14, 2011 6:31am Aug 14, 2011 6:31am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
EUR/USD
Yuk! It's going to have to break up, down or out of all this. But can you believe how technical these currencies are?
Dan
- #7,199
- Edited 11:12am Aug 14, 2011 8:47am | Edited 11:12am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
EUR/GBP SUPPORT AND RESISTANCE
Monthly chart in an uptrend, with a gartley move A = .7693 , B = .9804 and ABCD correction retracement down to .786 Fibonacci Ext and since it has been i a range between .786 and ..382 Ext, best way trading this currency is between Fibonacci levels, breaking one going to the other level by level, smaller time frames will create more swings within Fibonacci levels.
