Well, here goes. That PB looks maybe a little like what Ghous is doing, I am trying to not get involved with that stuff yet. It looks like more of a retracement before it goes into the downtrend or it is going to spend a while ranging before it ...

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Oh. Yeah!

james16 Chart Thread

Thanks Basber, I did not like the one I posted, too much. Wow, you wrote this. Oh, its an off chart calculator.

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I did, it looks even worse on the weekly. What about all the traffic on the left & is it not still at a swing low?

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That is an A+ trade with all these bar lows and highs just 30 pips from the EP, with the 61.8 fibo there and at a swing Low? Seems like a C- to me.

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Thanks Mike. I notice the 25 EMA lining up with the 0.8500, by the time this order gets triggered, the EMA may just about be at the FTA.

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Great, synchronization there. Yes, I have always used them like this and was taught that way. I have a DEMO order in place.

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EDIT: Yes, it is a TL. Really, I was under the obvious misguided impression that, as long as resistance was met at the line before the break, it was still valid. I mean, a PPZ is basically the same is it not, only the TL is diagonal? Because a PPZ ...

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The horizontal line on the daily? It is just sweet spots gold 0.8500

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EUR/GBP This looks like we may have a potential Long setup forming. 2 fibos, trendline and a nice PPZ in a nice area at a swing low. Seems to be plenty of space around the bar. Now all we need is for it end as a Bullish PB. Perhaps the size of the ...

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Those EMA in the blurb I posted are basically used with the same EMA configuration with High Low Close to form a tunnel. PA forms a high-Low Higher Low Lower High, then breaks out or visa vi for short. There is no deep meaning to my question, I am ...

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Beyond the psychologically relevant 200 SMA, all my moving averages are based on Fibonacci numbers. Fibonacci is a MATHEMATICAL LAW OF NATURE. 1 2 3 5 8 13 21 34 55 89 144 233 377 610 987 1597 2584 4181 6765 I just wondered why 60 when 55 is the ...

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I see. Yes, I know 50 is not a fibo number that is why I said 55 was.

james16 Chart Thread

Scott, sounds like you are using an EMA pullback. How come you chose the 60 EMA over the 50 or even 55 which is a fibo number?

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Hey, I know how that goes and have done the same thing. We see it leave without us and this adds to even more careless trades, pulling the trigger Short at the bottom only to see price bounce and take out our stops. Going Long at the top, then price ...

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Maybe NZD/USD is starting to show it's true direction.

james16 Chart Thread

You are no doubt serious, and something like that is probably at least what it will take to get me on track. Thanks again Jarroo and hoping you & indeed everyone else has a wonderful weekend. I shall also have a great weekend back testing with ...

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Thanks, Jarroo you gracious help and the weekly & daily charts are indeed starting to get the thought process working. Even if it is all after the fact. Hit me with another one anytime...Please!!

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Yes, that is correct.

james16 Chart Thread

Jarroo I seem to be liking option 4 more and more. Here are the options and how, I would like to think, I would approach them given retrospect.

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