Let me get a curreny so I can check it out...
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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.
https://forexintuitive.com/attachments/1518137937.jpg
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...Quote:
Originally Posted by ;
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....
https://forexintuitive.com/attachments/1518137939.jpg
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...
https://forexintuitive.com/attachments/1518137944.jpg