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TheLastCoke replied Nov 28, 2012EUR/USD I was also looking at the same level and I ''feel'' (rarely use this term) that the level wasn't really tested and its test may be ''due''
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TheLastCoke replied Nov 28, 2012It's amazing how fibs work in any TF, isn't is?
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TheLastCoke replied Nov 28, 2012GBP/USD I might wait until LO to take a decision about this one, so far CL hasn't paly its role. image
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TheLastCoke replied Nov 28, 2012EUR/USD Those fibs are a great tool for scalpers! look at the bounce at 38% and 50% image Let's see what is going to happend when the volume kicks back in
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TheLastCoke replied Nov 28, 2012EUR/USD Position added based on 38% Fib Retracement image
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TheLastCoke replied Nov 28, 2012GBP/USD Short taken based on the confluence between a confirmed Double Top + 200SMA image
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TheLastCoke replied Nov 28, 2012GBP/USD taking a closer look, the TL was broken and retested. It is now testing 38% Fib again. I closed my little scalp for this reason. image
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TheLastCoke replied Nov 28, 2012
I am going to steal this post if you don't mind!james16 Chart Thread
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TheLastCoke replied Nov 28, 2012Way to go! just let me nail down this one and thanks again for your great contributions at BTTC's
Chart Discussion
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TheLastCoke replied Nov 28, 2012I won't say I blame you as I was also tempted to take profits at 23% Fib but I am just following what the charts are SCREAMING. I know you are an AB=CD fan and Channels as well, that is why I am surprised
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TheLastCoke replied Nov 28, 2012We have taken trades with less confluence than this one with even bigger TP expectations
Chart Discussion
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TheLastCoke replied Nov 28, 2012NZD/JPY Little Confluence is doing a Great job image
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TheLastCoke replied Nov 28, 201223% Fib I guess. I was looking at Weekly TF waves based on Zig Zag and the shortest wave is around 400 pips. I'm feeling comfortable with my position and I'd be happy with a green level test. Why did you TP so soon? image
Chart Discussion
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TheLastCoke replied Nov 28, 2012GBP/USD is testing 38% Fib + Soft Support, it may try to test Double Top Confirmation Line that is in confluence with 200SMA image
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TheLastCoke replied Nov 28, 2012EUR/USD Ok Bears, show me how strong you are! This is the first real test. image
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