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mejo replied Apr 12, 2016been away...thanks for all the answers. a long at 1372 is 61.8 fibb from previous up swing? does this something to do with the famous norm? will go to bed soon, so see you all tomorrow. bye
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mejo replied Apr 12, 2016so they are swings. and todays swing's mid is 1.1404, and the previous upswing's mid is 1.1390 on my chart. and the closes above or below determine the bias?
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mejo replied Apr 12, 2016hi gator! may i ask you why is this fibb drawn from 1.2470 to 1.0462? is it because that was the start of the month when eu broke down? if so why would the same area be new target? because the fibb from 1.0462 to 1.1466 show that as 200% extansion? ...
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mejo replied Mar 18, 2016there must be some kind of setting...mine was always like this and your version is less clicking...
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mejo replied Mar 16, 2016so now hen the price touched the mofu below the low what does that mean? and it looks that 88.2 had become resistance so are you thinking of shorting?
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mejo replied Mar 16, 2016been away. i understand (or at least think i do) that the 88.2 reactions show support? but how doest the testing upper mufu at 0.7592 help the trade? being the next target?
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mejo replied Mar 16, 2016thanks. different people draw fibs different i guess. so when you say you have a match that means you saw the reaction on 88.2 being a support? if that is the case, when did you put on pending which was at mofu i suppose? what triggered the pending? ...
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mejo replied Mar 16, 2016ye sorry for that strange queston. PTL has weekly fibb ranges he playes... so i am wondering why your fibb doesn't connect weekly high-low...high is there but instead the weekly low, fibbs low is where the low on 4/3/16 was before the gap occurred.
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mejo replied Mar 16, 2016hi Max! Will you be holding shorts on news time or did you already covered? thanks
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