Disliked{quote} Excellent. Are there any conditions in the long move tha would had made you close the longs an immediately jump in short? Sorry for so many questions hehe, but I feel like a kid in a candy storeIgnored
The Dove - Forex Trainer
long eur/jpy, gbp/jpy, usd/jpy 11 replies
.SI4 for GBP/JPY & EUR/JPY 403 replies
eur/usd, eur/jpy, usd/jpy average 0 replies
Does the gbp/jpy eur/jpy follow the DOW? 8 replies
Disliked{quote} Excellent. Are there any conditions in the long move tha would had made you close the longs an immediately jump in short? Sorry for so many questions hehe, but I feel like a kid in a candy storeIgnored
Disliked{quote} Besides my 1 hour chart the resistance on the Daily helped my decision.Ignored
Disliked{quote} The resistance in the daily is one piece of the puzzle I don't see. I have the fibo 76.4 but it can comprehend a wider espectrum, at less of course you also have unison cycles in the daily chartIgnored
Disliked{quote} Since the trend is down, if price pulls back to 142.45 resistance is a good spot to go short?Ignored
Disliked{quote} Interesting. I die to ask you about it, can I send you a pm?Ignored
Disliked{quote} We have secondary resistance at 142.51 and the major is 143.06 instead of 142.99 --- I was off a few pips.Ignored
Disliked{quote} What I have found in using this spreadsheet is reading the Yellow Fibo and disregarding the Red. And the reason is because of the conflict with the Red Fibo - and being based with the G/U - gives a minor false reading between buy and sell in some areas of the Red Fibo. Even though the similarities are pretty much the same as for support and resistance the Yellow Fibo gives a more realistic approach for the Fibo. Take note of the 50% on the chart at 142.3080. This is the starting point of taking a trade. At closing of yesterday's candle -...Ignored
Disliked{quote} Thank you Dove, your way to read spreadsheet is very interesting and keeps everything simplier than it looked. Let me know if I'm correct: if daily opening is above static daily pivot and also above the dynamic one, then the first thing you look for is a setup long, even though spreadsheet is giving you two different signals ....i.e. a yellow buy and a green sell. This will be valid unless cycles will stay above the dynamic daily pivot. As we have also a green sell, that i guess is given by a possible retracement calculated with fibo's,...Ignored