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Delite replied Oct 20, 2010Igyu - another question... The breach of the 50% fib - I believe we are supposed to wait for a retrace before entering a position, but looking at some of the charts on here that doesn't always seem to happen. Is the retrace the better trade in a ...
SFM - Trading Room
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Delite replied Oct 20, 2010You are a star! Thank you so much - I have got the higher timeframes fibs set up so will be watching them Thanks again - and happy trading!
SFM - Trading Room
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Delite replied Oct 20, 2010Another question, I'm afraid! Re the intraday fib. Simone initially fibs the high and low found between 12pm EST and 3am EST. Being UK based this would be 5am - 8am. Is this the time period people are still using or should I fib the high and low of ...
SFM - Trading Room
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Delite replied Oct 20, 2010Morning all. It may be quite a flat morning as we all wait for the spending review. Then again...!
Cable Update (GBPUSD)
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Delite replied Oct 19, 2010Hello everyone Just been looking through the method thread and trying to practice drawing the fibs. can someone clarify something for me? Looking at the EU chart - if I were to fib the entire move down would that begin at 01.30 (GMT) on 19/10 - a hi ...
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Delite replied Oct 19, 2010A question for Jag — Jag - I remember you saying that you were now using the M30 in your box of tricks. Is it going well? I think that it would have been very useful today on EU, so keen to find out if it is working for you?
Higher low, lower high system
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Delite replied Oct 18, 2010I am going to sound really stupid but why do you need the smaller candles?
Trading is an Art
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Delite replied Oct 15, 2010There is WR1 in between at 6059. Be interesting to see if that now acts as support.
Cable Update (GBPUSD)
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Delite replied Oct 15, 2010And only just - it bounced straight off 6055.
Have you had a good week?Cable Update (GBPUSD)
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Delite replied Oct 15, 2010T/F — I know the 3 taps method is designed for higher t/f but I can't see why the same principle couldn't be distilled to the lower t/fs. Does anyone have a view on this?
Trade What You See - Almost Naked Trading
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Delite replied Oct 14, 2010Actually, just to add another thought to this. Is it fair to say that your method is most effective when the Asian session has been in tight range and least effective when it has moved the market more significantly? By the way, I think trading is ...
Trading is an Art
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Delite replied Oct 14, 2010Sure, its just I thought it would be the other way around - play with the big numbers on a quick in and out but then be more conservative on a longer play, especially when the long play is still a bit new. Horses for courses I guess. Life would be ...
Cable Update (GBPUSD)
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Delite replied Oct 14, 2010So, in less than a month you have moved from $1.00 a pip to $100 per pip??
Cable Update (GBPUSD)