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ForExtraPips replied Apr 22, 2013That's another that I'm keeping an eye on, too. The 1.3004 area for next potential bounce.
EURUSD
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ForExtraPips replied Apr 22, 2013And the 1.2970 area is the make or break for me. Buy above, sell below. Longer term.
EURUSD
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ForExtraPips replied Apr 22, 2013I'm waiting for this H4 candle to close first. But that's what I'll be targeting if I decide to go long.
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ForExtraPips replied Apr 21, 2013Connect two tops in a downtrend, then you'll know where to go short when it hits the top again. Oh, wait. Never mind. Everybody connects their fib retracement tool like this already. And that's why it's all a self-fulfilling prophecy.
Why do people use Fibonacci in trading?
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ForExtraPips replied Apr 21, 2013It's kind of hard to come out with a computer program to tell it what to do, when the person programming it doesn't have a clue.
Why do people use Fibonacci in trading?
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ForExtraPips replied Apr 19, 2013Look at the channel forming on the H1. Next week, I'll buy above it, sell below it, and scalp the range in the meantime.
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ForExtraPips replied Apr 19, 2013Yes. That's why after I grabbed what I got, I stepped out for a bite to eat, just to come back and see that. That's why after London closes for the week, I don't like chancing it. Take what I have and call it a week.
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ForExtraPips replied Apr 19, 2013Close to what I'm looking at, 3056 area. A bounce from there or break.
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ForExtraPips replied Apr 19, 2013Three pips off from my original target. 2993. Will wait to short it again, after seeing if it wants to retest higher. GL
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