False Breaks — Is there a way to predict false breaks? On the red circle we had a false break that looked like it was going to cut through the middle of the circle. Then we had a clean break of the north pole of the same circle but it did not ...

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never mind.... I figured it out

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I would like to see a chart with the circles and the fibo level you mentioned

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1HR Chart — This is what I am seeing on the 1HR chart. It is moving into a weaker area on the top circle and moving into a stronger area on the bottom circle. Which could cause it to go up further or punch through the bottom circle heading ...

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I would be very wary if I was you. Usually the market does the exact opposite of what I think it should do. I call it the "TraderFitz trap". You have heard of bull traps and bear traps but there is a "TraderFitz trap" as well. This may be one.

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SWEET!!!!!!!!!!!

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So, I got something right?????

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Well, my 1HR and 15M chart was telling me it was heading down last night. I wake up this morning and it had headed up. My 15M chart looked like the PA exited two different circles (one out the exited the east region and the other existed the south ...

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Well never mind. I shorted at 1.4350 and then reloaded again at 1.4365

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So, now that it hit 1.44 it dropped back down but appears to be building again

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It did push through the green and black circle in the last 15 min.

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Couple more circles

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Yep, it is fun to discuss it. It helps me learn. What did you think about the red circle? Is it a legit circle?

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15M View — Here is what I am seeing on the 15M. What do you think? It is the south pole of the black circle and the north pole of the red circle. That is why it has absorbed both big moves upward.

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It is still respecting the south pole of the black circle at 1.4300

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Got my 10 and 20 sell. Moved SL to BE we will see if I get another 10 for my 30.

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I shorted at .4283. I always do 3 trades and TP at 10, 20 and 30 PIPs. I got my 10 and I am close to 20.

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To clarify. On the 1HR chart. If the bottom of the at .4285 holds then a sell there would follow the trade in the opposite direction style. If not then that will not appear to work for today as the drive upwards will continue. Do you agree?

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So, I am really trying to test the opposite direction as the 10:15 - 12:00EST. How does this uptrust play into that?

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Looks like it may want to go down and hit the .4140 (small black circle)

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