EUR/JPY
I was without internet most of the day, again. At least this time I wasn't in a trade like last time it went out.
Dan
- #7,461
- Aug 26, 2011 8:46am Aug 26, 2011 8:46am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
Dan
- #7,462
- Aug 26, 2011 8:56am Aug 26, 2011 8:56am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
EUR/USD
Dan
- #7,463
- Aug 26, 2011 9:05am Aug 26, 2011 9:05am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
USD/JPY
Dan
- #7,464
- Aug 26, 2011 9:14am Aug 26, 2011 9:14am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
GBP/JPY
Dan
- #7,465
- Aug 26, 2011 9:23am Aug 26, 2011 9:23am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
GOLD
Dan
- #7,466
- Aug 26, 2011 9:43am Aug 26, 2011 9:43am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
Just like Non-Farm payroll, If price action starts moving in wild swings...change to a larger time frame. The market always moves in technical levels. You have to analyze from the monthly down to the daily to get your trading plan...then take the trades in the 240. If you scalping in the 60 min, 30 or 15...you still get your trading levels from the Monthly, weekly, daily...you just execute from the smaller time frame. But remember, when things appear hectic, they are not...just change to a larger time frame...you should analyze from the smaller time frames...only execute and fine tune.
- #7,467
- Aug 26, 2011 9:52am Aug 26, 2011 9:52am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
I got it all Daaaaaaaaaaaaaaaaaaaaaaan, Baaaaaaaaaaaaaaaaaaaaaam We need Jackson every day. I am heading to the Airport in a few.
- #7,468
- Aug 26, 2011 9:55am Aug 26, 2011 9:55am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
Great to hear Mme!!! 
Have a good trip!!!
- #7,472
- Aug 26, 2011 7:06pm Aug 26, 2011 7:06pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
So...here we end the week...I hope everyone did well! Sunday we have a new set of Weekly opens.
GOLD!
Check out how these levels held! Gold is Soooooo technical!!!
Many have been calling a top for weeks now! As Mme says, we do not call a bubble, we go with the bubble 
Remember the 61.8 of the earlier 240 (4hour) chart? The 61.8 is our barrier, if it is broke we take the swing to the next level...which it also hit. After the 100% we have our two sub-targets and full 161.8 Target 2. We give respect to the larger time frame support and resistance levels.
Dan
- #7,473
- Aug 26, 2011 8:36pm Aug 26, 2011 8:36pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
AUD/USD
What do you look for when trading? Scratch that, let's back up a step...what do you look for when evaluating a currency to trade?
Regardless of what currency pair you pick, this market IS technical! It is 100% technical! The fundamental news only helps to push price movement to the technical targets.
Look at these time frames and notice the technical levels hit. Notice how a level will get hit, and then a retrace to another technical level. Notice the daily, 480 and 240 all have the same fib marked. take notice of the movement and the number of swings in each time frame.
Dan
- #7,475
- Edited 11:11am Aug 28, 2011 10:56am | Edited 11:11am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
New Week, with new swings Aud/Cad.
Crazy swings on Friday, some reached the targets, some still working to reach their targets, all within technical levels. As Dan said, Fundamental news just a tool to complete Fibonacci levels, its up to you to believe it or not to believe, just protect yourself all the time.
This is the list for what I am going took at this week, I am going to trade as much, but I will be looking at the market from time to time, to come up with good trades. And as usual all within technical levels.
- #7,476
- Aug 28, 2011 11:22am Aug 28, 2011 11:22am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
EUR/USD
Dan
- #7,477
- Aug 28, 2011 11:45am Aug 28, 2011 11:45am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
Aud/Nzd support and resistance
Aud/Nzd, 100% reached on 12H and 8H, we look for retracement to .618 on the
smaller time frame for the swing down.
- #7,478
- Aug 28, 2011 11:56am Aug 28, 2011 11:56am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
EUR/JPY
Dan
hey dan thank you trying to get back in swing of things felt like ive been gone so long and its only been 4 months lol
- #7,480
- Aug 28, 2011 4:59pm Aug 28, 2011 4:59pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
The magic of Fibonacci levels
New Week, with new swings Aud/Cad.
Crazy swings on Friday, some reached the targets, some still working to reach their targets, all within technical levels. As Dan said, Fundamental news just a tool to complete Fibonacci levels, its up to you to believe it or not to believe, just protect yourself all the time.
This is the list for what I am going took at this week,...
