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StoragePro replied Apr 15, 2009Sure. I looked at that myself, and did not like the results. Bad feel to it. Seemed 'fake'. But like you, I am feeling my way through this. So I do what is reasonable to me. Some believe the wicks do not matter because the opening and closing are ...
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Apr 15, 2009I saw it unfold. Although it would be a big honkin' lie to say I took the trade live... Too much to assimilate before I get comfy enough to trade this. I merely posted it. I could see trading this after it went down, and came back - and cleared the ...
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Apr 15, 2009Yeah - kind of like a redrawing indicator - except the operator is the re-drawer... Seriously though - I saw a channel - I drew it in on the highs of it - they are nice and neat, and since the bottom was sloppy, I used a line graph to find where the ...
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Apr 15, 2009Redux Here is today's chart on the same TF. It touched the 61.8 fib - completely by accident. <right> Would you stay in it? At least have taken some profit and moved your stops? Uh huh. That's right.
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Apr 14, 2009Touche! Reminds me of a joke. Old Bull and Young Bull are sitting up on a hill overlooking a peaceful meadow. Young Bull spots a herd of Cows below, and excitedly says to Old Bull: "Hey c'mon, c'mon, let's go run down there and breed one of them ...
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Apr 14, 2009General — Funny smjones... funny. Ya know, I still work a day job, and it is taking time away from working with this new tool... Gotta quit that job someday! Really enjoying this thread everyone! I'll tell you what my wife tells me - go ...
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Apr 13, 2009ugh. At least no reports of vomiting. I never got sick until I had a critter.
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Apr 13, 2009I am going to have to work on managing trades with these specific levels in mind. I see that there is an opportunity to hid stops behind SR and fibs to allow the trade to breath over the long term. Then perhaps open up an ICCE account... ICCE, ICCE ...
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Apr 13, 2009CHART: GBPUSD 1hr — Breakout on the upper part of the channel occurring. Let's see where we go. Looks like a first area of hesitation may occur at 1.4840 (Some bar highs just to the left.) Then on towards 1.500. Great confluence of the 61.8% ...
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Apr 12, 2009Chart: EURGBP 4-12-09 Defining a new channel — Two of them - looking back at the EG. Uncanny, lots of PA at levels for lowest risk trade entry. Looking forward - and here is the part where experience will help a ton - picking the channel. And ...
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Apr 11, 2009<don't be stupid, don't be stupid....> From a few hours of poking at this, it is apparent that this fib-magik gives us a heads up for areas of interest where we might call 'Fib S/R'. Areas to take profits and entry points; areas to look for price ...
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Apr 10, 2009Jacko - Thanks for bothering to take the time. I've thought this over and I stand corrected. True - a mentor can make all the difference - provided the person being mentored is properly motivated and willing to make adjustments to his thinking and ...
Jacko's Forex House of Pleasure and Pain
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StoragePro replied Apr 7, 2009Amen to that! (Back to lurking)
Strat's Long Term Stress Free Trading
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StoragePro replied Apr 7, 2009With 95% of people failing in this biz, and yes, 95% of those on this thread and J16 too will fail too, do you really want to kick off with a big account? Go to see Jim's first post on his thread and notice his advice on funding. Reread that whole ...
Jacko's Forex House of Pleasure and Pain
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StoragePro replied Mar 29, 2009mode: lurk=false It is the new avatar, dude. They are coming for the avatar. And the cupcakes. (BTW - your trading is boring. But boring makes us all money though - right?) mode: lurk=true
Silent Service Method
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StoragePro replied Jan 28, 2009Hola! Como esta? I never met Trujillo, but I toured his homes (Mahogany House and that ugly concrete thing on the hill...), but I DID meet this guy in 1972. I lived in Arroyo Hondo in Santo Domingo. Spent weekends in Boca Chica and La Romana - ...
james16 Chart Thread
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StoragePro replied Dec 25, 2008Nice charts dude. Funny how this all looks like you are reading tea leaves to many - until they start a practice of it. Then it is like an open book. I am always looking ahead to the next spot where the trade will materialize. It is not clarvoyance. ...
james16 Chart Thread