fib. expansion and retrace in forex

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

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

    if you look at the 5 min chart , it did hit the moneyline , went thru
    then reversed.

    the 15 min gave you the signal
    after the second db on the 89 dotted yellow line, the zero lag histo went north.

    you need to exit right there.

    s



    s
     
    #461     Jan 4, 2012
  2. jack411

    jack411

    Shop,

    saw this on another thread you posted in - just didn't want to be off topic there, so I'm re-posting here. Is there anything to keep you of the DB that I have marked with the purple lines? Theres a divergence with a bar that looks like a good setup right on the moneyline. Histo headed north right after that bar.
    The stop loss placed just below where the wick touches the moneyline would be hit with that next hunt down at 15:43.

    Just take the small loss and start looking for that next setup that, or is there some reason that you would have passed on that first one?
     
    #462     Jan 4, 2012
  3. .......................................

    that was " 3 sisters needle work " to get the short pending orders filled.

    the pin bar with the long tail was the road sign, i have not covered it in detail this thread.

    there are a few pics posted back earlier of ticking out the top and bottom.
    s
     
    #463     Jan 4, 2012
  4. athan00

    athan00

    i couldn't find any DT/DB trades to take today...
     
    #464     Jan 4, 2012
  5. jack411

    jack411

    I get whats going on with those wicks. I just mean, are there tell-tale signs that you use to know that it's the final one, or would you just take your stop and jump back in on the next?
     
    #465     Jan 4, 2012

  6. ............:)

    s
     
    #466     Jan 4, 2012
  7. athan00

    athan00


    you always make it look so simple :)

    i m studying your charts and looking for relations between DT/DB, trend and the 3 EMAs. Is there any point of researching this?
     
    #467     Jan 4, 2012
  8. exit door.

    s

    :cool:
     
    #468     Jan 4, 2012
  9. studying your charts and looking for relations between DT/DB, trend and the 3 EMAs.

    Is there any point of researching this?

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

    A,

    nope......

    it is all probability, simple patterns, diverge, a bit of skill and trend until it bends.

    each " at bat " should be treated the same.

    with the hard right edge unknown, until it unfolds....

    s

    :cool:
     
    #469     Jan 4, 2012
  10. S,

    I found this one...
    What would be the signal?

    Crossing the money line and be supported with?

    Thanks again!
     
    #470     Jan 4, 2012
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