fib. expansion and retrace in forex

Discussion in 'Forex' started by shopster, Jul 8, 2011.

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  1. Thanks for contributing here in ET shop...

     
    #201     Sep 3, 2011

  2. ES,

    you are most welcome.

    i got a little off topic in my thread, but we will now get back on track.

    there was some " retail noise " in the thread that messed up my chart flow.

    calling live trades in a thread is for idiots.

    i luv to snack on retail.

    real trading is a singular activity and best accomplished in that environ.

    cheers,

    shop
     
    #202     Sep 3, 2011
  3. targus

    targus

    S

    A little off topic, but what is your opinion/experience of the ichimoku kinko hyo indicator?
     
    #203     Sep 4, 2011
  4. T,

    all " greek " to me........

    diverge just works a very high % of the time.

    s
     
    #204     Sep 4, 2011
  5. targus

    targus

    Well, the reason I mention it is one does not need rsi, macd, stochs or any of these indicators and if you watch it, on higher t/f, watch this Ichi for say 1/2 weeks in regard to the fib settings, you will remove all these other indicators and just trade the Ichi.

    From the arrow, I have been short on eur/usd using the 1hr/4hr, the daily may soon cross also, which will turn this short into a mega short....
     
    #205     Sep 4, 2011
  6. T,

    euro, a DT at the moneyline.

    the exit is the 5.7

    you just have a diff. way of looking at it .

    you tell me what happened at the " top left corner" by the market makers.

    3 to a DT

    plus the half twist .76 retrace.


    s
     
    #206     Sep 4, 2011
  7. T,

    you have arrived.........

    run your trailing stop in tight to protect your profit.

    s
     
    #207     Sep 4, 2011
  8. T,

    the reversal from 5.7

    a W bottom with masssive divergence

    in shop speak............: a DB with a half twist."

    cheers,

    s


    :cool:
     
    #208     Sep 4, 2011
  9. T

    same pair.

    continuing trade , last night.....

    a DT short back to the 5.7

    notice no histo lines ever become positive on the zero lag on this DT

    s
     
    #209     Sep 5, 2011
  10. T,

    continuing on.......

    a new short at a diverged .86 retrace DT to the 1.62 exit

    short was in the moneyline zone.

    histo diverged.

    also......
    you now have a DB from the 5.7 extension previous low trade, to the left .

    at 1.62 long diverge is starting to show.

    running out of gas .

    s
     
    #210     Sep 5, 2011
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