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- ThomKnight replied Jul 2, 2010
yes that is correct.. but what you are looking for is only counter trades? I suppose that is a way to go but remeber we are long until at least (or at least I am) 1.61 on the gu... and eu just signalled to 1.28 and i full expect 1.30+ I would just ...
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- ThomKnight replied Jul 2, 2010
my thought on that since i kind of figured that is what you did... is that you were curve fitting since eventhoughit looks good you may have never pulled that to trade from... so why trade from it? I suspect you may have felt the move was too far ...
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- ThomKnight replied Jul 2, 2010
that is creative..was it fit backwards or did you pull that and watch it complete mate?
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- ThomKnight replied Jul 2, 2010
gu — hopefully this makes sense using the indepth tracking method we covered this should illuatrate what is happening now and why and if you are short i will be eating your lunch for the time being chuckle. This chart can take YEARS to play ...
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- ThomKnight replied Jul 2, 2010
Price can go back to 2.11 on that fib and it has triggered just not in a way we have covered yet. TK
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- ThomKnight replied Jul 1, 2010
Haha priceless mate... well hopefully you guys get it and can do it on your own... when that happens this thread nwill probably die haha. Again it took me over 2 years personally and really only the last couple year or so have i felt 99% rocksolid. ...
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- ThomKnight replied Jul 1, 2010
for a larke here is a UCAD hit the 238 ext and turned... then you could track that bad lad all the way down but she bridged the 100-38.2 the pirced and displayed pierce behavior leading us almost 600 pips up and if that target get taken and moves ...
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- ThomKnight replied Jul 1, 2010
Do you ever wonder how other people trade by guessing? It blows my mind I ever did that. educated guessing but still...seems a tad hard if you ask me. TK
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- ThomKnight replied Jul 1, 2010
GU 1.61 — One way we get there.. and quite frankly gents this technically(based on what you know now) hasnt triggered..., but I would be blown back...if it doesn't
hint hint. I have been talking about seeing rediculous numbers on dollar ...Fibonacci Paradise
- ThomKnight replied Jul 1, 2010
ok since the fibs are like a map or script... lets do some reading.. lets take the chart above me the weekly one.. now.. couple things.. it is thursday... so unless something wild happens which could.. 1.27 wont be hit... buti would eat MD's shoe if ...
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- ThomKnight replied Jul 1, 2010
here is a longer term EU target for us. This also illustrates an important concept of fibs and sr in general. The gold square on the left side of the chart shows a standard 61.8 to 50 etc with a tonne of respect. we now find ourselves in a place ...
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- ThomKnight replied Jul 1, 2010
here is what i have.. the first one is tweaked after the fact.. it is right but highly doubt i would have had that there with out seeing the confirming price action at the 138.2 that answer may not work for some people but that is the one i have.. ...
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- ThomKnight replied Jul 1, 2010
Mate as far as pulling it is pretty much mechanical.. pierced.. target taken... move to the next one... We obviously hit a target and turned on EU so i will again pick up the charts as if i was trading right now..that pull you have on the last chart ...
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- ThomKnight replied Jun 29, 2010
Ahh I know mt4 can do it or just get a pro charting package. It really doesn't matter because that could take 40000000000 years to happen I have no clue usd chf was at almost 3 about 30 short years ago. All that matters to me is now ish for making ...
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- ThomKnight replied Jun 29, 2010
Alright what instrument? EDIT: I am pretty sure you can do it with the tools you have now... get data from the early to mid 80's and go from there. the old pound was at 2.4540 once... start pulling from there. thing of that ilk. Very interesting ...
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- ThomKnight replied Jun 29, 2010
Hahah Unfortunately? soo...up is good... down is bad,mate? You should be a pundit. Chuckle. It's yin and yang both are "good" ,but thank god we trade and don't invest. chuckle. Also everything is earmarked for zero... not infinity... so sometime in ...
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- ThomKnight replied Jun 29, 2010
I would eat a cat if we don't hit 8580 and it is quite likely that 8761 was the last push to it
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- ThomKnight replied Jun 29, 2010
Mate yours is spot on also I think a w1 bought there too. But track up from the hit piercing the 61.8 may be a long across the bow but price now says no and my d1 hasn't. Phoned yet. No worries. And yes a hit only means a turn until price declines ...
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