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- ThomKnight replied Jun 7, 2010
GU 15 — Another view notice most pierces... seem to appear to pins aka turns.. hence...well pin trading as it stand currently... is backwards most time perhaps.. and also this set nicely with 61.8 pierce retrace to the 100 and turn hence if ...
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- ThomKnight replied Jun 7, 2010
Sure mate what is going on... you mentioned a failed UY trade.. lets que that up. My only thought mate.. and this is personal preference... if you are trading untriggered from the inner supports.. like absolutely no way of knowing it will hit target ...
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- ThomKnight replied Jun 7, 2010
Ej eh? 110.90 I have been heavily mucking about after puling out the gigantic fib since i have been bored... and if nothing else... if you cant trade it for the dickens.. it does ALWAYS give you good spots to start trading with a 138 to 138 Skunny ...
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- ThomKnight replied Jun 7, 2010
This is my uchf chart I am just following it down and tweaking as price moves. This is a forward test hence demo. Backtesting worked like a gem so if all goes to plan and it should.. we will have a nother tool to get into rather large sweeping moves ...
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- ThomKnight replied Jun 7, 2010
UCHF — 1.1370 ish sound right for this pair gents?
dollar weakness appears to be all over the place spose it had to retrace. Cheers TKFibonacci Paradise
- ThomKnight replied Jun 6, 2010
Chuckle! I used to try to do that as well mate... but now i just wait and watch... the way the market is moving.. all longs are short term right now... the market is cycled way down.. even if it went to 1.65 it is just a minor retrace in a much ...
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- ThomKnight replied Jun 6, 2010
Truth be told... I am very curious as of late if the market can make it through the fall. My long term shorts are already positioned but i think we will see many fun quick shorts through the next quarter or so. TK EDIT: i follow my charts.. but i ...
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- ThomKnight replied Jun 6, 2010
You most certainly may. I was just putting in my two drachma on that set up. A track fib is not a trading fib unless it conforms and gives you reason to trade it. IN its present state it is just potentially telling you to either look for a long or ...
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- ThomKnight replied Jun 6, 2010
meh the colonies don't know what they are missing!
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- ThomKnight replied Jun 6, 2010
Hope..? have you tracked the down move from the dbl top yet? in my mind that is super so close i would consider it closed out... or enter with a razor tight top long. Personally i wait until a swing or two has formed most of the time. TK
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- ThomKnight replied Jun 5, 2010
G'day...just setting 3 data points in orange... and look what happened...as always touchy fib and data is an issue so i have to allign to visual clues within a 61.8 context. This whole thing is tradeable as a trade fib or a frame work fib to trade ...
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- ThomKnight replied Jun 5, 2010
A kilt... a coat, a top hat ,godzilla noise slippers and crystal cane mate... the only thing missing from the equation is decent curry. Yanks can't seem to do that right well that and comedy.. Full disclosure... i go off on wild tears with fibs ...
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- ThomKnight replied Jun 4, 2010
I retooled my daily in a different more standard form... but hear me out... logically price action crashed into a 61.8 kissed the signal line... then pierced and retreated.. would that not signal the orange target.. or the 1.38 of that cycle... ok ...
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- ThomKnight replied Jun 4, 2010
Megafib — Using standard fib rules.. 61.8 forward pull back.. leave in place once hit and modifying it to go to the 4th degree. I also added in 50 lines.. so essentially this is just a quad stacked fib. Now following another observation... ...
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- ThomKnight replied Jun 4, 2010
That certainly looks like a good place to look for one from those charts! EDIT i don't... mostly because time and time again i cant pick turns Chuckle.. but 132.21 has stuff all over it looks like.
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- ThomKnight replied Jun 4, 2010
Gy — here is my experiment from chart two that was where i guessed at a turn wrongly.It failed to trigger a higher cycle found the 50 and collapsed. now look at that mess. Now look at the third chart. which would you rather. TK
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- ThomKnight replied Jun 4, 2010
EU — Here is my EU fib I took a dive with earlier leading me to think long. if you zoom in it didnt complete... but if you are not anal... it most certainly did even not using jumbo fib. I really wish i had a better answer then this, but i ...
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