So are you saying I should put fib on high of confirmation, even if lower than high of PP candle?
Many thanks!
Luck occurs when preparation meets with opportunity.
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Dislikedhi ALIEN
fibo you can draw to the top of the first blue candle (yellow dot) ... and when he breaks into the high ... or wait a retracment
I preferred not to wait because the euro is strong at this time (green markers)
There is also a clear divergence in cci 14Ignored
Dislikedand tell you something else chantalb ... he knows more than I of the strategyIgnored
DislikedI definitely will leave tonight GBP-USD with 700 pips aprox (sell)... and tomorrow I will buy
chantalb thanks to your strategy now see the market with great serenityIgnored
DislikedHI LILI... FOR YOU
TMA CHANNEL ..I changed the default configuration because WORKS FOR ME
* D1 LOOKING TRIANGLES IN POINTS YELLOW (Overbought-oversold)
* M30 LOOKING AT THE ENTRY ... TO BUY ==> CHANNEL TMA UP AND PRICE> EMA 100
(SELL; OTHERWISE).... LOOK POST 556
IF YOU WANT TO ENSURE ENTRY (+ CONSERVATIVE) ... FIND YOUR ENTRY IN ADDRESS EMA100 D1
Sorry for my ENGLISHIgnored
DislikedYes you are right about decision time and it should spell TIMES…. Many many decisions to be taken soon. The thing with “all time low” is no one really knows we have hit bottom yet, that was exactly what I was thinking when in that trade last week. And what ended up happening was for me taking a much bigger loss that I had to.
[color=black][font=Verdana]Now on your trade setup, that is not a setup I would consider. The confirmation candle is bearish and it is an inside bar. Your fib is not set PP to confirmation,...Ignored