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    • Shermenator replied Jan 15, 2009

      Well I trade mostly 4 hours and up so I kind of eliminate what I cant trade on the 4 hour that day and focuse on 2-3 pairs and then before the day ends I look at my 12 daily charts lol....and once again only 2-3 pairs are always what the market ...

      james16 Chart Thread
    • Shermenator replied Jan 15, 2009

      Theirs different agendas taking place for the big boys...when trading intraday it does not mean you only need to be aware of the main movement that took place about 24 hour from the open....what it means it shows you how far price can travel within ...

      Fibonacci Trading with Bobokus
    • Shermenator replied Jan 15, 2009

      What do you think? Are we headed south. This is what I would say. Target maybe diag TL from Nov. around 90 pips. Or 120 pips (38% retr.). see chart. regards Thomas[/quote] I am bullish in this pair for many reasons ...we have come to a demand area ...

      No Brainer Trades
    • Shermenator replied Jan 14, 2009

      Make sure you determine the trend direction before pulling the trigger since that gives you the answer to how long to hold it if it goes against you and determine if your targets are close or far away...goodluck

      No Brainer Trades
    • Shermenator replied Jan 14, 2009

      Your second fibb has more importance to the market if the market shifts from the fibb the would signal the rythem to you in that timeframe...as well as that is ovbious since it stands out and it has no question mark in your head when trying to draw ...

      Fibonacci Trading with Bobokus