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- ThomKnight replied Jul 12, 2010
haha no worries mate... we are short on gy overall. so yes that fib will hit...for some reason i show all long closed off still..i cannot replicate your chart showing a long break on that time frame.. i just see short gy for at least 100 pips... the ...
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- ThomKnight replied Jul 9, 2010
wild on my charts it is closed out perfectly and then price did a (relatively) massive retrace... so... either your pulling is wrong or your data is... because that was a 1.38 hit. good weekend all!
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- ThomKnight replied Jul 9, 2010
how is there open long on your gy one hour chart?
move your red fib up a smidge to line up with blue...Fibonacci Paradise
- ThomKnight replied Jul 9, 2010
Ah...yes... i am a prize ass and no i don't see what happened outside of now posting wise.. I am sure you are fine, mate the easiest starting point is that last 1hr gy that hit to the tick. and follow it down from there. luxury...luxury is getting ...
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- ThomKnight replied Jul 9, 2010
why do you have so many fibs?? there are literally infinte fibs at any one time..every visible( on any time frame) candle open and close is a 138.2 hit... the trick is cutting it down to the mimimum to make things easy.. i can get away with one and ...
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- ThomKnight replied Jul 9, 2010
Yowza! things are looking good and short term gy shorts are on eh mates? but then again who is fool enough to trade fridays haha. when heading for that 137 target.. i might look to get into it once it crosses back through 134.7-135 for momentum..or ...
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- ThomKnight replied Jul 5, 2010
after the 61.8 workwith that and dont worry about rr just about being right..at the moment... case in point my gu call i was obviously right i knew barring armageddon i was chuckle but unless you used the stop point of 61.8 or 100 you took an ...
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- ThomKnight replied Jul 4, 2010
the devlopment of the gu call.. MD can you see how price is perfectly mapped out with stops and targets and turns? wait and watch and trade. two fibs simple. TK
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- ThomKnight replied Jul 4, 2010
fromt the fibs 132.8 seems to be lift off point eh? last stop if you will.
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- ThomKnight replied Jul 4, 2010
only your first one couldnt be mechaqnically and seqentially pulled so you are fine
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- ThomKnight replied Jul 4, 2010
here is what i have in gy... you first pull is wrong because it didnt pierce off of the 61.8 and made lower lows... if it pierces.... leave it... if it doesnt and makes lower lows... move it... we got a hit to the 100 from that or if you issed that ...
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- ThomKnight replied Jul 4, 2010
Good news! Well I most likely will be into my cups later so this may be a monday project for me to review.. or a very colourful one later today mate!
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- ThomKnight replied Jul 4, 2010
GU now.. i still have it much much longer but i don't trade in the future this is where i am currently on this move. i highlighted the conjunction of the stoch and the target since this may help. mayn't as always look for reason to short off of a ...
Fibonacci Paradise
- ThomKnight replied Jul 4, 2010
Right-o it takes a lot to fluster me these day but if you get a cance map out gy just using the 61.8 from that date it could help you and most certainly help me help you. there is right answer showing where gy is going and where it is going next ...
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- ThomKnight replied Jul 4, 2010
Md good questions... this is a shite answer..for now.. but you have to work with everything to see what works for you...this can get insanely convoluted and complex and you can map oout sequential hierarchal movements in price and turnarounds to the ...
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- ThomKnight replied Jul 2, 2010
looks right to me..and yes if you use too many fibs it gets confusing and you ahve to tak the sequentially and pay attention to the order etc.. it gets to be a big mess. TK
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- ThomKnight replied Jul 2, 2010
we can get into candle trading if you would like.. it is all about the fib setting up. pin bars are good generally because yes a pierce or a tp has just happen or often both...i suspect always both but maybe not in ways i can see.
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- ThomKnight replied Jul 2, 2010
I defer to what is happening now but you can do both... thing is it can work in the past but if it is not working now.. it isnt working.. it can not work in the visable past but if it is working now it is working.. so there is that.
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- ThomKnight replied Jul 2, 2010
good onya for the win! What i was doing with the cable charts... is sometimes you will have a short triggered.. but it will retrace.. up into the inners... by tracking the all the sr points using the 61.8 property you can map retraces and box in ...
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- ThomKnight replied Jul 2, 2010
UCHF — this is something i have been tracking... a bounce doesn't mean we are going to 1.22 right now obviously.. but it is a good area to drop in and go long. TK
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