LOL
K.I.S.S.
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DislikedNow I can read THAT perfectly! By the looks of this chart you believe the pair completed wave D of the proposed weekly (B) wave triangle @ 1.5232. You also are illustrating that the rally from 1.5232 – 1.5931 was in 5 waves and completed w.(a) of E. Dip to 1.5643 complete wave a of (b), 3 wave rally to 1.5991 was wave b of (b) and now you see that the pair is headed lower to test the range low (1.5650) or even make new lows to about 1.5582 to complete a FLAT correction for wave (b) of E before resuming the rally toward an ideal objective of 1.61...Ignored
Dislikedgreetings all
i discovered this thread a couple of years back, felt like i got the mindset, was walking my Fibs, etc. and had some success with it. I am grateful to Skunny, Bo, and the other posters here for passing on the idea of using the Fib as a measuring tool.
i am doing some manual backtesting and am having trouble with a particular Fib at the top of a market. seems that it hits the 127 but doesnt extend to the 138, stopping just past the 76% internal Fib of the larger daily swing. I understand price may stop at the larger swing points,...Ignored
DislikedI know Light Sweet Crude isn't discussed here much but I think it has topped out. I have a short target of 69.64.
I'm sure once Israel blows up an Iranian nuke facility or two, my fibs will go to chit. LOL.
DaveIgnored
DislikedTook the m15 BUOB bouncing off the 50 let's see what this friday trade givesIgnored
DislikedHey, as anyone tried the FF Trade Explorer out? Looks kinda interesting for all you big swinging d1cks out there lol.
Daz.Ignored
DislikedIgnored