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- ThomKnight replied May 28, 2010
Yes sr is static think of sr or fibs as lines that exist all over price... just because price hasnt been there yet or recently... doesnt mean they arent there... kind of a rule of thumb i use is... i have to see respect in the past and in the now to ...
Fibonacci Paradise
- ThomKnight replied May 28, 2010
Yes I need to see the pierce again to trade that chart. Tk
Fibonacci Paradise
- ThomKnight replied May 27, 2010
Look like our tamed beast is about to complete. Easy peezy. Skunny may be the best kept secret in all of trading... truly a gem of a gent. TK Edit still a gem but it is time for me to retire. into my cup an trade calling is a fools errand.
Fibonacci Paradise
- ThomKnight replied May 27, 2010
Ah well truth be told I am also welsh and manx so that makes me a mutt! TK
Fibonacci Paradise
- ThomKnight replied May 27, 2010
Good show mate... I do fancy a nip or two of the good stuff often. Jock? Banish the thought mate! Sigh... one of these days I will be a pro trader.. chuckle. TK
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- ThomKnight replied May 27, 2010
I didnt find this before hand mate but found it using a fib style i know to describe that move... we are long but until i see a long set up we are short... my trade is from early days in this move though so i have cushioning. Again all something ...
Fibonacci Paradise
- ThomKnight replied May 27, 2010
Well that is where you run into a sticky wicket... will each fib complete if placed properly... yes... will each swing fib complete... no. that is why if you go back through Mr Skunny's thread you will notice a lot of strife from posters with ...
Fibonacci Paradise
- ThomKnight replied May 27, 2010
This thread has made me start trading the Aussie... good grief. Here is a nice 61.8 weekly set up. Cheers TK
Fibonacci Paradise
- ThomKnight replied May 27, 2010
Sound as a pound... nice trade and getting in early for the expected retrace i see nothing wrong with that mate! I have the same fib. Cheers TK EDIT and post away i am beginning to feel like this is old Thoms trade call thread.. chuckle.
Fibonacci Paradise
- ThomKnight replied May 27, 2010
No doubt mate! good onya! what does your chart look like? TK
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- ThomKnight replied May 27, 2010
Monthly trade — I have recived some PMs as far as how to trade major moves monthly charts etc... well to start... first off... why in the name of god would you want... but again... the same as everything else... wait for the fib to set up... i ...
Fibonacci Paradise
- ThomKnight replied May 27, 2010
UCHF — I never adressed how i knew UCHF was going short... the blue fib using 61.8 triggered at the first blue box... letting us know we were short. The black fib set up after price retraced past the original 61.8 then Pierced... the retraced ...
Fibonacci Paradise
- ThomKnight replied May 27, 2010
Random musing — G'day, this is perhaps for the greener traders out there..., boot one thing i have noticed time in and time out over the years is the importance of waiting. When i first started fibbing... i thought... FINALLY this bloke can ...
Fibonacci Paradise
- ThomKnight replied May 27, 2010
good news mate! God willing we'll have you out of the corporate trading life in no time! TK
Fibonacci Paradise
- ThomKnight replied May 27, 2010
Checkz..by now your q has been answered... but in a larger sense... not saying you are but i have and many i know ave done this... ie looking to go short so zooming into i minute and looking for a to the tick to get in... if you are dont... if i am ...
Fibonacci Paradise
- ThomKnight replied May 26, 2010
GY — Can't forget about my personal favourite! something odd caused this fib to foul up and lose its way in the blue box but looks like we rejoined the programme. TK
Fibonacci Paradise
- ThomKnight replied May 26, 2010
Aud — These pics speak for themselves... if i were to find myself trading this move on the 1hr chart the red line for people who are irked by rr would be my risk line mentally. On the 1 hr it picked up the 50 line after waffling and appears to ...
Fibonacci Paradise
- ThomKnight replied May 26, 2010
Depdning on how you look at this it is either a 30 point set up in the making or a great entry into a 500 pip move. Obviously the smart(quick) trade is the quick 30. TK
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- ThomKnight replied May 26, 2010
Well how i personally treat things like this... is a spot to go long... not a long forever... so i start tracking long from there. perhaps usecommon sense... everyone and there brother expects a collapse asap...so what is likely to happen... the ...
Fibonacci Paradise