- Search Energy EXCH
- ThomKnight replied Jul 30, 2010
Sigh I banged up that uchf., but on a brighter note. on mds voucher i just got the Steve Jobs 4 cellular so i only have IB and forex .com right now on my phone...which are brilliant coming from android. I will come back and figure out what I made a ...
Fibonacci Paradise
- ThomKnight replied Jul 28, 2010
I might look at it like this... this is also a swing fib and the 50% is boxed in nicely. TK
Fibonacci Paradise
- ThomKnight replied Jul 28, 2010
G'day anyone see anything choice on UCHF 4hr... EDIT:... i would call this play a " You are daft If you don't trade me"
Fibonacci Paradise
- ThomKnight replied Jul 27, 2010
The best way I can describe it is... you use the fib to read the market and figure out what it is doing...not only where it is going but what it is doing.
Fibonacci Paradise
- ThomKnight replied Jul 27, 2010
Ok no you are not.. I could fib... in retrospect... and then pat myself on the back.. and then go to place a trade and almost redline my account...in which i shortly after 3-4 trade would margin it...curse fibs...myself..and declare it hokum and ...
Fibonacci Paradise
- ThomKnight replied Jul 27, 2010
3 dog — The MKT bears may celebrate from this chart... it looks mighty bullish to the naked eye will be a Brew Night for da bears if this trips. I have not looked closer to see if it already has. Has anyone charted SP etc recently... TK
Fibonacci Paradise
- ThomKnight replied Jul 27, 2010
No mate, I am a simple chap. I don't really use anything I don't post. The most "advanced" I get is using a fib with multiple outlays of 138.2 cycles. I don't care about pips/rr (in general) so a simple 61.8 fib is all I need. The multiple fib ...
Fibonacci Paradise
- ThomKnight replied Jul 27, 2010
EJ — She has a lovely D1 on the move for a coupla hundred just signalled for those who can't handle the speed of GY. TK I would be shocked if this was done by weeks end if not thursday...as always the more it retraces the better a buy it is ...
Fibonacci Paradise
- ThomKnight replied Jul 27, 2010
GY 50 — This is an example of pulling back on a swing fib looking long. I think this is an inferior method of fibbing but if you have charts laying around with these on sometimes things show their knickers. This signalled at the green BUT in ...
Fibonacci Paradise
- ThomKnight replied Jul 27, 2010
Crimeny. Gy finally broke after signalling(for me) almost 2 months ago. chuckle. I lurv reading analysis on other threads on here..so i know whose money we are taking. chuckle. Porky pies? never mate! You may be being too rigid looking for exactly x ...
Fibonacci Paradise
- ThomKnight replied Jul 27, 2010
perhaps... walking swings or moving 61.8s EDIT: looking at that chart.. look at the extra fibs level..23.6 to 161.8 on other threads Skunny used al the way up to 238. I never tested it but i imagine you use the 23.6 not unlike the 61.8 and just ...
Fibonacci Paradise
- ThomKnight replied Jul 26, 2010
Anyone have any thoughts on this ? GU long Sl 1.5477 TP 1.5544 can you see how that call was made? edit entry atm is 1.5490 and this is not a trade call ubt a trading thought on fibs...the target will most certainly get hit.. but the sl on this ...
Fibonacci Paradise
- ThomKnight replied Jul 26, 2010
Yes mate! Spot on. The Kiwi is a mover to be sure. GU just hit d1 resistance so mayhaps we get a good pull back to set a monthly position trade.
Fibonacci Paradise
- ThomKnight replied Jul 26, 2010
EDIT: if you did have a short fib triggered from the 138.2 and did not have it completed... you would be getting a smashing short entry though mate.
Fibonacci Paradise
- ThomKnight replied Jul 26, 2010
I think completed may be a throw off point... I ahve seen fibs complete... retrace and shoot on for 2000 pips over a month span... the overall direction on EU is long. I am treating any long completetions as a hmm point since i have larger fibs ...
Fibonacci Paradise
- ThomKnight replied Jul 24, 2010
Honestly... when i am going against the trend... Ie currently going short in a long... I do muck it up.. so i have learned to have a 6th sense ie that GU short that felt wrong... who knows... could be right but i saved myself a lot of drawdown and ...
Fibonacci Paradise
- ThomKnight replied Jul 23, 2010
ah yes the 1.38? of course. look for a potential reversal. Have a good weekend mates.
Fibonacci Paradise
- ThomKnight replied Jul 23, 2010
That is often the case mate! looks like easy trading for the rest of the year though! long. TK
Fibonacci Paradise