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Trading with Fib and Fork
Started Jul 21, 2016|Trading Journals|193 replies
Trading journal I'll be posting trades live, first trade a bit late EURUSD 5 min short
and stopped flat on long gold I dont think I will bother trading gold or oil its a 5 pip spread compared to 1/2 on the Dow and EU. I normally just trade the Dow.
Stop to entry on long gold we got numbers out of the US in 5 mins
Stopped flat on short EU we've got Philly Fed and jobs numbers out of the US soon
Dow 5 min looking more bullish but I have 2 open trades I dont want 3 in case of outliers
Xau 5min some support at 618-764 % Fib of AB Long target is 1.217 ext of AB
stop to entry on the EU short due to support at 76 fib on last leg down
Xau 4h poss rejection of median lineand 50% Fib , will need to see HH before getting bullish
Dow 1h looks like could be a new CD leg where AB=CD will be looking for longs on the 5 min
Lets go through the charts I will be trading hourly and 5 min on Dow EURUSD Oil and Gold, first up Oil 1h
I started a trading journal if anyones interested leaving this thread url
Trading journal I'll be posting trades live, first trade a bit late EURUSD 5 min short
Dow out for 5 pips EURUSD stop to -2 gonna turn it off now missus gettin fed up of me on the computer still. Might start a journal but not the euro correlation too high