fib. expansion and retrace in forex

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

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  1. .................................

    td,

    in forex the game never closes.............:)

    that's why us old guys can play, after 50 we never sleep....

    pls post up a few pics and explain your variation et al.

    thx

    s
     
    #411     Dec 29, 2011
  2. Shopster, you seem to be the master of DBs and DTs...nice journal !

    I for one have simply too often shorted and bought DTs/DBs only to watch the market continue in its direction.

    Seems like with 30+ years of experience, you intuitively know which ones to trade and wich not ?! Or are there other clues ?

    I will trade DBs and DTs but only if they occur at significant levels and in alignment with the larger trend.

    Furthermore, I look for measured moves within the second leg. They are very powerful.
     
    #412     Dec 29, 2011
  3. I for one have simply too often shorted and bought DTs/DBs only to watch the market continue in its direction.

    .....................................

    M,

    you must have the zero lag macd aligning with the second leg of the setup.
    covered in the thread.

    also hidden diverge can be dug out with this indicator to keep you onside.
    also in the thread.

    you intuitively know after you do a few thousand of 'em....:)

    cheers,

    s
     
    #413     Dec 29, 2011
  4. Sorry I must be dense today. What's DB and DT stand for?
     
    #414     Dec 30, 2011
  5. Never mind. I just had my coffee and figured it out. :eek:
     
    #415     Dec 30, 2011
  6. tickdaddy

    tickdaddy

    Double Top

    Double Bottom
     
    #416     Dec 30, 2011
  7. .................................................

    better known as the twins, all you ever need in trading.

    s

    :cool:
     
    #417     Dec 30, 2011
  8. h and s on the buck / cad.

    took a while to puke it out.

    s
     
    #418     Dec 30, 2011
  9. euro schmucked to the 4.2

    twin h and s

    s
     
    #419     Dec 30, 2011
  10. happy forex new year......



    s


    :p
     
    #420     Dec 30, 2011
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