If it's me.. I will short, short and short...
I don't believe it will touch 1.34
- #597,407
- Feb 20, 2012 10:28am Feb 20, 2012 10:28am
- | Additional Username | Joined Feb 2012 | 61 Posts
Yo everyone, Hope you guys and gals had a great day trading. Mot evryone here kinds knows my trading style, I just wanted to post my trade for the day. As most know I a m a serious follower of Fibonnaci. I love everything it resprsents. not only in trading but everyday life. Today was a prime examle of how fib's will set you free.
There are two charts fo today, both of with have near PERCFECT fibonacci retracement and target points. Hope you guys enjoy, becuase I m done trading or the day. I have reached 75 pips and with out New York being full speed. I think the Eur is going to sleep. Good luck to all as always. Grenn pips to everyone.
You know what I really like about fib's is that so many people diss them, But I have proven time and time again that if ysed properly they can make you a pile of cash. Yeah!!!
There are two charts fo today, both of with have near PERCFECT fibonacci retracement and target points. Hope you guys enjoy, becuase I m done trading or the day. I have reached 75 pips and with out New York being full speed. I think the Eur is going to sleep. Good luck to all as always. Grenn pips to everyone.
You know what I really like about fib's is that so many people diss them, But I have proven time and time again that if ysed properly they can make you a pile of cash. Yeah!!!
- #597,409
- Feb 20, 2012 10:31am Feb 20, 2012 10:31am
- Joined Sep 2011 | Status: Minor crosses. Major pips. | 3,701 Posts
Time turns trend. - W.D. Gann
- #597,413
- Feb 20, 2012 10:36am Feb 20, 2012 10:36am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan 
- #597,414
- Feb 20, 2012 10:41am Feb 20, 2012 10:41am
well.. I think.. the highest price since mid of desember 2011 reserve the right being call "high enough"
- #597,417
- Feb 20, 2012 10:57am Feb 20, 2012 10:57am
- Joined Sep 2010 | Status: MR. NOBODY | 3,042 Posts
Three inside up at 30m TF
and
Three outside up at 15m TF
Bullish sign on both TF...
Bullish Three Outside Up
• Direction: Bullish
• Type: Reversal
• Reliability: Strong
http://www.fxwords.com/images/words/...outside_up.jpg
• After an established downtrend, day-one continues the trend with a red candle
• Day-two is a long blue day that engulfs the body of the first day, closing well above the previous days open.
• The third day is a blue day with an even higher close than the second day.
The Bullish Three Outside Up pattern is one of the more clear-cut three day bullish reversal patterns. The formation reflects buyers overtaking selling strength, and often precedes a continued rally in price. In fact up to day-two we have a bullish Engulfing Pattern, itself a strong two-day reversal pattern.
There are a few things here that counterdick your reading of this pattern.
Regards
