PA and S/R, Fib

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Without forgetting of the horror the Ebola outbreak is. Shouldn't this whole Ebola thing lead to risk off mode?

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Call the trading desk.

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And a nice weekly candle. image

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Yep that's true. But I won't short (other than daytrading, which is my main way of trading) unless we get there.

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It's always easy to explain to yourself. I mean we should get up to 1.285-ish. image

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And so far this is a failed retrace. We usually get at least a retrace to the 23.6 fib level.

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Aha, not me then. Edit: Well not without correct pattern/PA anyway

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What is s/r traders?

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Well now I want a 1H close over 267 or a retest and hold of 2678

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Yep, No close. Close and retest and I'm in.

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Good old Cloggie. I think he's long gone... Just using his legacy. Well want a 4H close above 2678 to see 284x. like the fib level and 2848.

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2848 is a fib level. 2842 is also a H4 Cloggie level. But than again is 2678. So is 2588. Just need to trade them correctly.

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Probably not. But lets try. Can be any of the following reason. Numbers not good enough PA not right Numbers out on the market before the new was released The bottom line is that its hard to trade news on numbers. Trade PA instead.

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Yupp, In line with all. Down?

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Or a basket of Deutch Marks, French Francs and some other. Look at Cloggies old post and you find it there.

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Being wrong is something you have to accept and learn to deal with. Before you do that you will never be a good trader. To me that's easily the hardest part.

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Hi, I'm a little bit slow but can you explain what you mean, like I'm a five year old

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Don't know the time it expires but it will probably stay around 1.2750 until it expires. Edit: Look like 10 am NY time is the time for expiration. url Couldn't find any info on options that expire today yet. Edit: Done

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Guess not

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