- Search Energy EXCH
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ForExtraPips commented Jul 1, 2013And price is currently resting above the monthly pivot, which is at 1.6674, and it was tested today, with the day's low. I'm also waiting for another attempt to the upside before shorting it again. Targeting the 1.5945 area, which is the yearly ...
Euro tests trend-line as kiwi looks to break back
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ForExtraPips replied Jul 1, 2013Keyword you have there. "Probability." Yes. Agreed. But if I have some "lines" that can give me a risk reward ratio of at least 1:4, why not?
EURUSD
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ForExtraPips replied Jul 1, 2013By the way. Very good R:R ratio 1:5 you have there. Excellent honey/management.
EURUSD
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ForExtraPips replied Jul 1, 2013LOL. When there's 87 traders viewing now, then yes, they have time to watch this shit going up and down.
EURUSD
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ForExtraPips replied Jul 1, 2013Nope. My levels are based on High/Low/Close divided by three, for the pivot point. Then pivot point times two minus the high for the S1, and pivot point times two minus the low for the R1. Watch what price does at 1.30178 or 1.3036 within the next ...
EURUSD
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ForExtraPips replied Jun 30, 2013Noticing price pausing at 1.3029 H4 R1. Seeing if it gets to 1.3036 DP for a short, targeting 1.3007.
EURUSD
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ForExtraPips replied Jun 30, 2013I like that target area. I've got 1.3047 for an area to short it at. Targeting 1.2944 for tp. Interesting with your 2865 level, though. 2836 here.
EURUSD
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ForExtraPips replied Jun 28, 2013It's no wonder why I have him on ignore.
Which Fibo level do YOU use and why?
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ForExtraPips replied Jun 28, 2013Then, with the same chart, throw on the fib time zones, with the same concept, and trade accordingly. (Think outside of the box, then trade inside of it).
Which Fibo level do YOU use and why?
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ForExtraPips replied Jun 28, 2013With this E/U H4 chart, I just took the numbers in increments of 0.125 (12.5%) On higher time frames, I'll use increments of 0.25 And 0.50 on even larger time frames. Where I look at each line in regards to degrees. (On a horizontal aspect).
Which Fibo level do YOU use and why?
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ForExtraPips replied Jun 28, 2013Especially at the end of the month. I've got 1.3005 as possible low. But am watching 3030, daily pivot, for a bounce.
EURUSD
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ForExtraPips replied Jun 28, 2013I'm waiting to see if it hits the 200 EMA on the H1, which is around 1.3128
EURUSD