Fundamental news, what is new, nothing at all. It is all fabricated
- #7,563
- Sep 1, 2011 9:41am Sep 1, 2011 9:41am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
EUR/USD
You analyze from the LARGE timeframe down to the SMALL timeframe, but the movement starts in the small timeframe and moves toward the large time frame. The smaller moves will happen quicker, but the larger targets may be a mix of many up and down swings. During these up and down swings multiple small time frame targets will be met.
So don't expect the large time frame targets to hit in a direct move. Often, it will take a lot of time (and a good number of swings) to reach a Weekly or Monthly Target. Remember, if you miss the entry in one of the larger time frame...pick a smaller entry point!
Each time frame has its own swings, don't enter in the middle of move...look to a smaller time frame instead.
Dan
- #7,564
- Sep 1, 2011 10:04am Sep 1, 2011 10:04am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
Fundamental news, what is new, nothing at all. It is all fabricated
Look at these top two Tweets, the User is simply tweeting news and trying to get you information as quickly as possible.
But look at what the Fundamental news is! Fundamental News only provides movement, this movement brings us to technical levels that finish our swings.
This type of confusion is common when Fundamental news comes out, and the analyst come up with excuses for the movement afterwards! They often have to change their story or eat crow on days like this. The days before and after the US downgrading was even more hilarious...watching them on Television changing their stories three times before noon!
In trading THE NEWS DOES NOT MATTER! The news only provides movement. Which we do need, but we do not trade upon. We trade what we see and the direction the market is taken in relationship to a particular time frame.
Dan
- #7,565
- Sep 1, 2011 3:47pm Sep 1, 2011 3:47pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
it is a matter of life or death for the euro, either it hold itself or we dive to 1.3822 and beyond.
[size="3"][font="book antiqua"][center]eur/usd
you analyze from the large timeframe down to the small timeframe, but the movement starts in the small timeframe and moves toward the large time frame. The smaller moves will happen quicker, but the larger targets may be a mix of many up and down swings. During these up and down swings multiple small time frame targets will be met.
So don't expect the large time frame targets to hit in a direct move. Often, it will take a lot of time (and a good number of swings) to...
- #7,566
- Sep 1, 2011 3:56pm Sep 1, 2011 3:56pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
gbp/usd support and resistance, downside watch 1.5850
- #7,567
- Sep 1, 2011 4:07pm Sep 1, 2011 4:07pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
[size="3"][font="Book Antiqua"][center]EUR/USD
You analyze from the LARGE timeframe down to the SMALL timeframe, but the movement starts in the small timeframe and moves toward the large time frame. The smaller moves will happen quicker, but the larger targets may be a mix of many up and down swings. During these up and down swings multiple small time frame targets will be met.
So don't expect the large time frame targets to hit in a direct move. Often, it will take a lot of time (and a good number of swings) to...
Did you follow the 15 min chart today?
EUR/USD Did you follow the 15 minute chart posted earlier this morning?
If you did, you can see how the price action moves. It is always like this, but you need to look in all time frames!
Hit a Target then Retrace, Hit a Target then Retrace...level by level...level by level.
See how Fibonacci is? It is Dynamic and it is ever changing. It will always work because if more people buy or sell on the numbers it creates NEW swings in the other time frames. Fibonacci is always changing and ever working, despite traders, LOL!
- #7,569
- Sep 2, 2011 5:54am Sep 2, 2011 5:54am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
gbp/usd support and resistance
- #7,570
- Sep 2, 2011 6:08am Sep 2, 2011 6:08am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
eur/usd support and resistance
- #7,571
- Sep 2, 2011 6:17am Sep 2, 2011 6:17am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
AUD/USD Support and Resistance
- #7,572
- Sep 2, 2011 6:37am Sep 2, 2011 6:37am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
Goooooooooooooold, support and resistance, Daaaaaan leave the gold alone man, you had enough. People waiting for the bubble to blow up please we at 1860 as you said.
- #7,573
- Sep 2, 2011 7:07am Sep 2, 2011 7:07am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
Us oil, three down move entries complete before nfp, thank God
- #7,574
- Sep 2, 2011 7:41am Sep 2, 2011 7:41am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
gbp/usd support and resistance, first whiplash is taking place
- #7,575
- Sep 2, 2011 9:12am Sep 2, 2011 9:12am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
Second whiplash is taking place, they do it in style, red and green.Daaaaaan gonefishing we have no control of the gold. gbp/usd support and resistance, first whiplash is taking place
Attachment 
- #7,576
- Sep 2, 2011 9:36am Sep 2, 2011 9:36am
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
EUR/USD
You analyze from the LARGE timeframe down to the SMALL timeframe, but the movement starts in the small timeframe and moves toward the large time frame. The smaller moves will happen quicker, but the larger targets may be a mix of many up and down swings. During these up and down swings multiple small time frame targets will be met.
So don't expect the large time frame targets to hit in a direct move. Often, it will take a lot of time (and a good number of swings) to...
Hello all!
Are there people who still do not believe in the power of Fibonacci!
Take a look in the post above (click the blue arrow in the quote area), and note the numbers of the 240 and 480. Remember when it's Non-Farm Payroll time you need to back out to the 240 or larger...DO YOU SEE HOW THINGS ARE!
Here's the updated 240 and 480. Notice that these are the same numbers and targets that have always been provided earlier...and the numbers that are in the post above. These new charts only show the updated price action.
Dan
- #7,577
- Sep 3, 2011 11:34am Sep 3, 2011 11:34am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
GBP/USD SUPPORT AND RESISTANCE, we are getting ready for tomorrow, let us take a look at Gbp/Usd last move, Through Fibonacci levels and that what we use, nothing more nothing less, up and down moves, all happen between Fibonacci levels. take a look.
- #7,578
- Sep 3, 2011 11:55am Sep 3, 2011 11:55am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
goooooooooooooold, bubble down, bubble up, within fibonacci levels, still to much talk numbers, macd, blaa, blaa, $1600, $1500 all within fibonacci levels, daily , weekly, monthly, yearly, gold has been going up none stop, when the gold reached new level, they made a bubble, you go with the bubble within fibonacci levels, there is now bubble, they are bubble heads, they change their mind all the time, fibonacci does not change .
- #7,579
- Sep 3, 2011 12:06pm Sep 3, 2011 12:06pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
goooooooooooooold, go up or go down, we follow.
- #7,580
- Sep 3, 2011 12:40pm Sep 3, 2011 12:40pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
It is all Fibonacci levels, small time frame, or large time frame.
gbp/usd support and resistance, we are getting ready for tomorrow, let us take a look at gbp/usd last move, through fibonacci levels and that what we use, nothing more nothing less, up and down moves, all happen between fibonacci levels. Take a look.
...
