It's kinda quiet today.

Fibonacci Paradise

I could see trading in to 4hr inner fibs if you had a really strong setup. But not the 100. Personaly I would rather skip a trade than risk a loser. I think one of the most important traits a good trader should have is patience. Wait for the obvious ...

Fibonacci Paradise

Watching but not trading.

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EURJPY — EJ H4 updated.

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Well, it all depends on what EU decides to do. -25 at the moment. Bartstop

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EJ — I wonder if this is a better EJ 4hr?

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Something just happened. Quick move down. EDIT: This is why. "Spain's debt is downgraded by S&P, becoming the third European nation to have its rating lowered in the past two days."

Fibonacci Paradise

That's the same fib I posted earlier. I'm a little leery of M15 respect. I've been burned way too many times. Patience young Grasshopper.

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GY — Another inner fib respect and I'm in. Bartstop

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138 fib — I kinda like this 138 fib.

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I'm still comfortable with both 4 hour charts I have posted at the top of the thead. I can't find a 1 hour fib that I like on AU but I'm looking for longs. I'll post what I see on GY 1 hour but I don't like it enough to trade. I have a theory. I've ...

Fibonacci Paradise

Thom, I switched to 4hour and scrolled back. Price definatley reacts and there are several to the pip rejections off those lines. Definatley a good fib. I'll have to play around with that style. I have a feeling this fib will fit when our standard ...

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Not a problem Amigo. I think we've already made some progress. Another month or two I might consider going live. Bartstop

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Kinda. $20/pip. Had a couple today at $50/pip.

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I kinda broke my "20 and out" rule. Went short at 1.3235. +69 pips ATM. SL at BE. I should close half the postion but the little red bastard on my shoulder won't let me.

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Yep, still short. I'm thinking about seeing a doctor about getting it enlarged.

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Gotcha......... I see some respect. Not as much as I would like. But then we aren't trading this fib.

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Let me guess. Fish and chips?

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This maybe? But that doesn't take us to 125.

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Thom, you lost me on that one. Can you post a chart?

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