Gat, I'm sure you know but that 3785 level was a pretty important line in the sand even on daily back in may 09 plus other times in history...As usual your other lines work too going back. I'm still just sitting out for now tho.

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image

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LOL

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Thank you so much! Take care

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LC, How do you decide where to put your 100 and 0% on those fan fibs? I haven't really used those much but am curious to know if you can help me out. I see it's pretty obvious where to put the top "point' but then how do you decide where to put the ...

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I'll be praying for you Chicky. Take care man. Donnie

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Trichet should start speaking here any minute. 15 minutes before close

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Yes, I still have your line on DX there at 61 in purple on my chart too. I'm still not "long" so to speak, I just couldn't find a reason to go short much today. I tried a little one at 3700 and lost 15 pips. I still don't think that the piigs stuff ...

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Right on, I made a few today on the way up. That kiwi dropped a few days ago and gave me about 45 pips when I was away from my computer but I haven't opened any au or nzd trades since. Anyway, have a good weekend man. I'll be around as usual. Donnie

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lol, hey gator. you didn't take ANY longs on that move? I agree 1600 down and 300 up is fine but still a breakout and a reason to close shorts imo opinion and reload or better to wait? what do you think? image image

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Malc, Let me jump in and say thank you. You really were one of the first to come in a few weeks back with SOLID reasoning for a breakout of the daily downtrend that we were in. I can say for myself that I was better prepared with tighter stops(I ...

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Most just use an indy or site to draw them up...if you want to calculate it's easy. Do a google search and you'll see a ton of sites with the formula to calculate S/R... Also, the reason you'll find different pivots for different folks is just ...

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This is why I said maybe not today...edit: i'm goin back to sleep for a bit. alarms set image

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Yep, I still watch the decembers every few weeks. And you know I'll be following along on youtube. Thank you again so much M!

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Yes, go to thefxpivotpoint.com and download the december videos. I don't think the october/november work anymore but there are quite few in December and acumen is great at explaining his trades imo.

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+45 now, stop moved to +25

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Do you watch the videos?

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I really don't but don't take my word for it. that 3750 is a psyche level...I'll probably try another long at 50 w/ a really tight stop if we get down there. These are just small lots for me today ALL. It's friday so we all know to be careful.

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yeah man, consider me a convert lol. They are obviously too widely used to ignore. I still watch for high TF PB's and such but it's nice to be able to comfortably trade the 15M almost every day of the week. Take care, DZ

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I got back in on the bounce off of R3 there, thx to your videos M! Stop at +15 now.

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