- Search Forex Factory
- pipnut replied Dec 8, 2009
Setup charts pending breakout of support lines of course. pipnut
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
Based on where I currently have my fibs, I see the UJ 30M has retraced to the 50 SMA and bounced. It is in the Fib Retracement area and dropping back towards the Retracement TL. Setup Chart. NzdJpy 30M, retraced to 30 SMA, only spiking into the Fib ...
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
Do you draw the fib from the last SMA bounce or the last high which may be outside the 3 SMAs? pipnut
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
NM, How important are the Fib levels in your`determination of taking a trade? Does the retrace always need to reach that 38-62% area? pipnut
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
Sorry, I missed your question there.
Trend Trading All PairsLooks like gc got it for me though, thanks gc!! pipnut
- pipnut replied Dec 8, 2009
Some bad news on the Yen, either push the PA up into the Fib Retracement areas and open some trades or blow right thru them. pipnut
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
The Gbp/Jpy just fell out of the triangle it was in. The Usd/Jpy is crawling sideways to the SMAs. pipnut
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
There's a few news releases tonite might move things along. pipnut
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
No problem! Jumped out at me as well when I was scanning thru the pairs. Had I been up and at my charts for a while, I might have taken a half position trade on that one same as I did on the Aud/Usd. However I am fairly new to this system so still ...
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
Good Afternoon Pipalicious! I asked NM about the same setup back on post #613, his response is right after that.
Trend Trading All Pairspipnut
- pipnut replied Dec 8, 2009
If you don't mind my asking, how many open trades are you managing right now? pipnut
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
Duh, dun... duh dun.... duhdunduhdunduhdunduhdun... I keep hearing the "Jaws" music in the back of my head.
Trend Trading All Pairspipnut
- pipnut replied Dec 8, 2009
EURUSD — Looks like the Eur/Usd has strong support at the .4700 Round Number. It'll be interesting to see if it holds this time. pipnut
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
Thinking out loud here: Looks like we are waiting for a "harmonic swing back to the area of Dynamic S/R" on the yen crosses. Same with the gbpusd and audusd, but mindful of Support levels. Looks like the Cable has decent support around the .6250 to ...
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
Looks like a BEAUTIFUL thing to me, great trade! pipnut
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
May want to look for Weekly Trendlines on both the Aud and Gbp/Usd pairs. I have some on my chart that we are dancing around right now on both pairs. I didn't push the Aussie trade because the WTL was right under my trade crossing the .9050 RN. ...
Trend Trading All Pairs
- pipnut replied Dec 8, 2009
NM- — Looks like all the Yen crosses really cut loose last night. I was watching that GbpJpy pair last night but it didn't seem to reach back up into my Fib Retracement zone. Same with the AudJpy. Did I miss that or did you take the trade as a ...
Trend Trading All Pairs