Anyone remembers my post 21 hours ago? Well that was quite exact... Fibo is not a ghost. image

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It just bounced off on S1 on M15 image

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Daily Long Target 2: 1.17904 Daily Long Target 1: 1.17787 Daily Short Target 1: 1.16852 Daily Short Target 2: 1.16735

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Sure, the down was big recently. But I fear that the market has a longer breath than we have liquidity... Levels for today: Long Target 2: 1.18082 Long Target 1: 1.17951 Short Target 1: 1.16901 Short Target 2: 1.16769

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Sorry for you dude, but once in hundred times I am right. And Fibonacci is alive... 261.8% was the low for today (until now). For my grid trading strategy the day was great, reached my goal five hours ago and went outside to take some sun. image

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Better early than too late. I hope for you, that your SL is not too tight... ugly red candle for longs looking at me now. 261.8 would be at 1.1712

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Ok, it went below Daily Target 2. But not a total surprise: went close to 161.8 (depending on where you start the Fibo) image

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Sorry for the latency, I am trying to get work and trading done at the same time ;-) (someday trading should be my work...) image Short Target 2 has been hit. Maybe today's low already?

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Good for grid trading: long wicks and small bodies (M15). Too bad only, that the robbers know about Fibos as well...

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Indeed. Always ask yourself: "why does a successful trader need to sell his knowledge...?" Reminds me of the antique alchemists. "My" daily targets: Long Target 2: 1.18279 Long Target 1: 1.18191 Short Target 1: 1.17493 Short Target 2: 1.17405

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... again... take a look at the 15:00 and 16:00 H1 candle today (GMT). And I was watching "live" again how the pair struggled with this ceiling. There must be something magic with 1.19373 ;-)

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That's what I thought as well. But I played with different timeframes and it seems to have a "meaning". Otherwise I would not ask. If nobody agrees, I wil just keep it as my own magic line ;-) Have a great weekend all! It was a good, green week for ...

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A long time ago (November?) I posted about a level that seemed to be interesting. Don't know why, I found a chart today in one of my zillions of MT4 installations with this line. What is so special about that value? D1: image Because today it ...

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Puh, another sweatful day for a grid trader. From noon to LC only down, almost no helpful oscillation. And the robber banks knew my break-even level, came close just to show me the middle finger... huge DD for at least a short win. LC candle saved ...

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Here we are, targets never lie...: M15: image

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Cool, relaxed and successful day for a grid trader. Went out at 14:00 GMT (17:00 broker time), after second wave. Yesterday the win was bigger, but also much more sweat... For me it could go on like this until eternity. Up/down/up/down (just ...

EURUSD only

We are in the middle of a longer valid downtrend on D1. Enough room for up/down. By the way: yesterdays candle followed exactly "the rules" and hit Daily Short Target 2... (don't have the screenshot, but it did. Believe me...) Levels for today (D1): ...

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Not a strong USD yet a weak EUR (see DXY and (here forbidden) correlations)

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Not really: image the number of profit/long trades does not say anything as the lots were differing. Could have made more $$$ but one thing I have learned: set your goal and do not be greedy! ***EDIT*** profit factor 1.72 with a max. relative ...

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Just ended my day with 1.98% on ping-pong-trading ;-) Now I can focus on my family...

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