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- ThomKnight replied May 21, 2010
Skunny Said... weekly is the best... and he had rules for 15 min. He said he trade 1 hr from 15m at the time and looked to see the daily direction. I am somewhat biased as i have been trading for quite some time... so sometime.. i see things i know ...
Fibonacci Paradise
- ThomKnight replied May 21, 2010
Bloody hell... doing weekend wrap just found this bad lad. Could have had a cleaner trade exit. TK
Fibonacci Paradise
- ThomKnight replied May 21, 2010
My GY trade — Here is my GY trade fib... i scaled around but my is how i Manage my trades I generally fib from a h1. There was some 4h is this but this should do the trick. The biggest issue i ever had with fibs was fear of fauliure... but ...
Fibonacci Paradise
- ThomKnight replied May 21, 2010
Perhaps! I dont enter trades on friday for just that reason! but it looks like it should TK
Fibonacci Paradise
- ThomKnight replied May 21, 2010
Pound — Very simple GU trade should be crosseyed and painless right quick. Cheers TK
Fibonacci Paradise
- ThomKnight replied May 21, 2010
A to the the tick hit for me over the past few years only means one thing... that move is finished it MIGHT signal a reversal but nothings for certain on that front. The one thing something like that taught me is that... trade the fib you are in ...
Fibonacci Paradise
- ThomKnight replied May 20, 2010
A not so simple EU trade already tirggered from the TP of the 61.8 posted earlier. I don't favour holding trades over weekends so we will see how far i get on this push. TK
Fibonacci Paradise
- ThomKnight replied May 20, 2010
a simple AU 30 min trade for aboot 80 pips or so ...it appear...APPEARS we have a tonne of up side to the dollar weakness side. TK
Fibonacci Paradise
- ThomKnight replied May 20, 2010
After my trades complete I will post them that might help might not mate. I rememeber starting to fib trade all the pit fals and pratfalls. I will try to address them if you have any q's TK
Fibonacci Paradise
- ThomKnight replied May 20, 2010
Rule of thumb on something like that for me mate... stop loss is top of candle and entry is break of bottom since there are no guarentees it will turn there... and as you saw in that fib... you got whiffed by a bigger fib. TK
Fibonacci Paradise
- ThomKnight replied May 20, 2010
Well if I one... a longer term trade... I have to have a logical entry spot to get in...because i need to know i am the train at the right time...so not being subject to bazillion pip swings. . IE an ativated fib failing off of FIB sr on a retrace ...
Fibonacci Paradise
- ThomKnight replied May 20, 2010
A Easy peezy 100 pips to be had on GY as well atm it appears. TK EDIT: I just got a mac and it was a slap to the chops to have to buyMr Gates windows AGAIN to muck around with mt4 Charts.
Fibonacci Paradise
- ThomKnight replied May 20, 2010
Lets look at it mate and riddle it out! Two weeks tisnt a bad run at all!I wouldnt trade anyone else charts either though. I am not trade EU myself but i noticed it. TK
Fibonacci Paradise
- ThomKnight replied May 19, 2010
Thats a Hoot! Yes you chaps have. Once you have a decent grasp on what works for you. The rest is just trading preferences and experience... and case in point right now... waiting for a big move scalping wee little moves counter trend. TK
Fibonacci Paradise
- ThomKnight replied May 19, 2010
Bartstop... your GY H4 fib... you should have told me about that...have you always been updating these?? you picked the turn after the pierce bam right off of the 38.2.. hope you traded that... looks like i am just going to start phoning in orders ...
Fibonacci Paradise
- ThomKnight replied May 18, 2010
respect for me is all important mate. There is a style of using skunny fibs to methodically track price but that is tedious for me. TK
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