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FineForex replied Jul 24, 2014what a psycho lol. we need a resurgence in overall market volume
Fine4x Trade Journal
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FineForex replied Jul 24, 2014took profits on 3 1/3 positions averaging 6 pips.. really didnt want to see it collapse again
Fine4x Trade Journal
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FineForex replied Jul 24, 2014as per my rules i wouldnt call it failed... fibs are still doing their job. still not in this because i dont like the momentum on the way up and still think any reaction would be a smaller one
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 24, 2014hmm.. just shows news plays right into our hands
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 24, 2014im liking how price is breaking down above the 1.8000 and the red support line has been crucial as of late. just wonder if price can push above the purple box. i think it has a fair shot even given the amount of times it has held price down
Fine4x Trade Journal
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FineForex replied Jul 24, 2014Here in usdjpy i have an ABCD leading into a good resistance zone. Bulls are strong on the ascent so hesitant to enter until I have more information. with increase in upwards momentum any pullback should be short in nature so target wouldnt be 61.8 ...
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 24, 2014Welcome, really good for 2nd attempt that is the best way to do it planning for all possibilities. Here in Mr. Pips school of thought we use special Order Flow concepts to filter out which patterns are unlikely to form or if they do form if they are ...
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 23, 2014I think its the best, gives you a strucutre or context with which to work in and can develop proper rules for trading, and the ability to stay ahead of price with expectations. By the way ive been reading that book Mr Pip mentioned, Trade What You ...
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 23, 2014hey why not lol looks like this gartley is toast.
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 23, 2014potential gartley, i wouldnt take the leg up because overall OF is bearish and especially the bears right now but if the pattern formed it would be a good short
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 23, 2014hey just saw this. i guess your questions were answered but i thought the 61.8 target would be out of the question unless i saw crazy momentum i wanted the .50 RN but i zoomed to 15 min chart and strong resistance level at .45 so i saw a tail and ...
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 23, 2014Trade today from beginning to end: Long, orderflow is against me a little more than i would like i have a tight stop image update 1, hit the 61.8 fib of smaller abcd +11. Want to see a NSH here and chase 1st major resistance marked by purple line ...
Fine4x Trade Journal
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FineForex replied Jul 23, 2014Target 2 was the 50 but i just took it for for 30 pips image will look for possible re entry on a HL but will be conservative for remainder of day
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 23, 2014update 3.. target 1 officially reached price is interacting with my box possible outcomes: - retraces in which case i expect a HL to form due to NSH just achieved, or - keeps going up
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 23, 2014target one came within 2 pips of being reached thats good enough to move stops to BE, +20 --- took 1/3 profit as price struggles to overcome level
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 23, 2014update 1, hit the 61.8 fib of smaller abcd +11. Want to see a NSH here and chase 1st major resistance marked by purple line
Ratios & Harmonics: a Different Way to Trade
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FineForex replied Jul 23, 2014Long, orderflow is against me a little more than i would like i have a tight stop
Ratios & Harmonics: a Different Way to Trade