Thread: Entries to the Market

Let me get a curreny so I can check it out...

The reason I also took this trade was bcause prices bounced of the river...

Currently holding position at gbp/usd

entry 9786
limitation 9711
stop9836

Hi Jets
As you know I don't exchange the fibs alone but'm attempting to find out more . As you mentioned 45, I have started by throwing a few fibs down, and major up and down and setup the 62 ma river and 256 ema and 8 ema for short term and longer term tendency.
I have taken a pre planed commerce which is not off the fibs but the bounce out off the 38.2 on the major move up dose give me some optimism in the fibs.

Originally Posted by ;

Hi Jets
As you know I don't exchange the fibs alone but am trying to find out more . As you mentioned 45, I've begun by throwing a few fibs down, and major up and down and set up the 62 ma river and 256 ema and 8 ema for short term and longer term tendency.
I've chosen a pre planed commerce and that is not off the fibs however, the bounce off the 38.2 on the major move up dose provide me some optimism from the fibs.

Those fibbs are fine....you are missing a fibb though. . .throw one from 9881 to cost 9557 the other reason why cost did not fall any more on gbp/usd is because eur/usd hit on its d expansion I came out 0 pips gain gbp/usd but obtained the reversale on eur/usd...

I will post how I got that one...

Its a riskier trade...I took it because I new priec had over long itslef. . .and it'd struck my limitation. . .thats why I aslso shut my gbp/usd position with 0 loses...

Do trade gold??

Considering that ema is beneath the river still...I see the river as an external trendline and the 256 ema as my internal trendline....

Hey bones you are getting good with the fibbs dude...

Cost is all about hit limit....


Also price is braking inner trend line. . .price might go to outside trendline and return....that ways you can operate them but iam a good fibb guy. . .in other words I just know the setting of the cables...