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- HipsterPipster replied Apr 29, 2009
Careful here. These are not pins by this thread's definition. I like the minor hourly support for this BUOB, but I personally wouldn't trade it. The X is where price most likely would have trouble on this TF.
james16 Chart Thread
- HipsterPipster replied Apr 14, 2009
Ok, 14.55 or ~14.60. 5.56*1.618=8.99 8.99*1.618=14.55 To begin the sequence.
Fib. Reverse Engineered.
- HipsterPipster replied Apr 13, 2009
I think Bemac knows this, but we are dealing with the golden ratio. The Golden Ratio: image The sequence, using Bemac's original numbers: 52.78-47.22= 5.56 where 5.56 is our initial constant/range/size..etc. 5.56 * 1.618 = 8.99608 (52.78+8.99608) ...
Fib. Reverse Engineered.
- HipsterPipster replied Apr 9, 2009
My advice is don't open a live account until you know the answer, and have been profitable on demo for about 3-4 months consecutive. That is, unless you like to give your hard earned money to those that know how to trade.
How big an account one needs to win in forex everyday?
- HipsterPipster replied Apr 9, 2009
Your welcome, and you are doing fine. Understanding this material is really not too difficult for someone determined. The real battle to being profitable has much more to do with our understanding and mastering of our emotions, being disciplined, ...
james16 Chart Thread
- HipsterPipster replied Apr 9, 2009
This is what I see. Your BUOB just stuck its nose into or above the S/R or PPZ area. Price got above the majority of orders and set the stage to the next level. Look at yesterday's close. Not enough rejection there to tell me we are now going short, ...
james16 Chart Thread
- HipsterPipster replied Apr 6, 2009
Yeah, I noticed your feed was much different.... The range is there, but I personally would not take the chance of a loss on this one. Take care
james16 Chart Thread
- HipsterPipster replied Apr 6, 2009
It is very likely this is where it will stop dead.
james16 Chart Thread
- HipsterPipster replied Apr 6, 2009
Respectfully, they are SDR's, special drawing rights. It is just another fiat, BUT, it is a representation of a basket of currencies. So, in the end it is just a smoke screen of more paper coming from the SAME presses. The IMF would love to be the ...
G20 Resolutions
- HipsterPipster replied Mar 26, 2009
Welcome frankm7, I wish you the best on your journey.
james16 Chart Thread
- HipsterPipster replied Mar 25, 2009
It is aggressive, but we have a swing with bar lows and a break of yesterdays IB "depending on your feed". It is a move I have developed by watching one of my fellow J16 flyers, as I entered on lower TF.
james16 Chart Thread
- HipsterPipster replied Mar 25, 2009
EUR/USD — Still looking long. Here is what I see and am watching. A little speculation shall we say.....
james16 Chart ThreadDaily bullish flag developing down to ~1.3350, then long to ~1.3850 where I will be watching for shorts. But then again, I could be ...
- HipsterPipster replied Mar 23, 2009
Gold — Still a little time left but Gold just might make it over the next hurdle.....and on to those daily highs..
james16 Chart Threador if you are biased short, break of daily quasi IB.