nice looking setup, where do u think is a safe place to put stop loss?

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i just did my analysis of the eurgbp chart, could you post your analysis for eurgbp to see if im anywhere near what you see, thanks Rocky

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yes i see now, your post before you said support, but i think you meant supply.

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ah i think im clicking on now, u run this way to first find the standard retracement in this case 68, and if it does get there and hit nicely then could chance an ext will be good for reversal under a zone, am i in the right ball park. So what i ...

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so where would you place your fibs on this chart if you were to do it?

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as you can see i have placed the fib the normal everyday way from left to right in this up move, is this viable as the 618 falls right into that zone? image

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hi Rocky this may sound simple and forgive me if the answer is simple. But everytime i draw a fib as u describe the opposite way round i feel as if its useless as most orders are where everyone sees TL support resis etcetc and with our very modified ...

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i am a subscriber to sam seidens paid teachings, and the reason why all his zones look different etc, because there is no exact, rule, he manipulates it AFTER the trade took place to look a bit more perfect basically as advertising. As much as his ...

Sam Seiden's Supply/Demand zones

hi, first post here, just noticed Eurcad lining up for a buy at daily candle end.

Easy no stress daily charts:)

ah i see. i had 1.127 instead of 1.27 thank you

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here you go image

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i have done this it still appears exactly the same, visually you can also see its too close to 1 aswell if u check my chart

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did u know my problem as posted in post 230

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i drew the fib as described but my 1.127 falls at a different place?? something i done wrong? image

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thanks i really appreciate your help here.

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ah yes that solves the problem, so you drag it the opposite way round. Would you also look for another fib confluence say if price had come from alot higher up, doing the fib the right way round looking for say a 50% retrace etc like normal too?

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see thats what i dont get, if i put a fib from low to high as you did there, its reversed compared to your chart, 100 at the low with 0 at the top, with all them bigger numbers to the south, but in your pic they are to the north?

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Thanks for the constructive reply, my post was not in means of negativness but more in means of why that short would have failed. I trade James16 teachings at the moment with great success so far. Which has made me for a start trade higher time ...

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i tried sam seidens techniques, but as clearly shown here, price burst through what looked like a good short, as Blackstock mentioned, hence why sam seidens techniques failed miserably for me

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only opening seperate positions is the only way, thats why i went oanda i can close out an exact percentage from 0.0001 cents

james16 Chart Thread