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traderathome replied Feb 18, 2009It is the MT4 Fibonacci Extension tool.....similar to the Fib Retracement tool. It comes with most basic values already set. I only added a few extra and fixed it so the prices show also. I apply the tool to the span across the pinch in the inner ...
EURUSD
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traderathome replied Feb 18, 2009Well, right now "Go with them!!!" could easily mean load up on the longs during this consolidation/continuation just inside that upper boundary..... ....or, load up on the shorts while it holds up off the last low.... My guess (and that is all it ...
EURUSD
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traderathome replied Feb 18, 2009The EurUsd desk manipulators are dancing the prices just inside of breaking out psilohog's upper boundary.......
EURUSD
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traderathome replied Feb 18, 2009What is NOT NORMAL here is the LOGIC!!!!!! Think of a 3-way scale...if two move the same level distance vs the third during the weighing process, then NOTHING between those two is changing!!!!!! It is just logic....no more complicated than that.
EURUSD
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traderathome replied Feb 18, 2009Jpy weakness....yes. But weak EQUALLY against the dollar and euro-dollar, indicating no other factor, either with the dollar or euro, was slipping or gaining ....one against the other. So, if there was something going on between the dollar and euro ...
EURUSD
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traderathome replied Feb 18, 2009Very cryptic. Would be best if you revealed what, exactly, in the futures you see as a reason, and if you revealed why, exactly, it is reasonable....ok?
EURUSD
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traderathome replied Feb 18, 2009UsdJpy moved up about 160 pips, L to H.... EurJpy moved up about 160 pips, L to H.... EurUsd moved down about 115 pips, H to L... GO FIGURE!!!!! Kinda looks like manipulation at a EurUsd desk....to keep it going down when it should still be ranging. ...
EURUSD
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traderathome replied Feb 18, 2009Yes, but only very minor size trades, a bit at a time as the powers at large manipulate this down to whatever low they had planned........
EURUSD
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traderathome replied Feb 18, 2009I agree, psiholog. The longer it is kept low, the bigger those long positions can be enlarged without putting upwards pressure on the pricing and, thusly, letting the cat out of the bag......
EURUSD
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traderathome replied Feb 18, 2009Ok, I see your chart......and still awaiting your "observation".
EURUSD
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traderathome replied Feb 18, 2009Did Sonic say to short it now? It ran up hard and fully retraced, and is now back into the top of its previous range. The run up was fast and on little "volume" compared to the volume on the run back down.....so, suspiciously it could have been ...
Sonic R. System
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traderathome replied Feb 18, 2009While EurUsd is stuck in a range, the EurJpy is making progress to the upside. The 262% level is close for the moment, following a major pullback. Edit: Added later chart view. The 262% level was attained. There could be more to go, over time. Too ...
Sonic R. System
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traderathome replied Feb 18, 2009Nuancom, can you share the indicator that you are using, or whatever separate program you are using, that is displaying the timezones at the top of your charts? Thanks.
THV system, final edition
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traderathome replied Feb 18, 2009Bollinger Band Pinch & Fibonacci Extension... — For quick scalps, applying the Fib. Ext. to the inner non-std. BB (period 10, deviation 1.5) gives levels for a smaller breakout range. This is good to do on lower timeframe charts, such as 5 ...
Sonic R. System
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traderathome replied Feb 18, 2009The Fibonacci Extension is applied to the pinch of the standard Bollinger Bands for EurJpy and EurUsd on the 1 Hour charts, providing suggested exit target levels in the event of a strong run....
Sonic R. System
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traderathome replied Feb 18, 2009EurJpy has achieved the 162% level and more. EurUsd has achieved the 100% level. These could both turn out to be very strong moves that go higher over time and that include pullbacks along the way because the 1 Hour charts are now setting up also.
Sonic R. System
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traderathome replied Feb 18, 2009You can now see the trains have been recalled to the station. The remaining Big Guns may venture on board now......
Sonic R. System