I'm thinking much higher to be honest - but the sad fact of life is....at some point I will panic and close out everything. I seem to get real antsy everytime I'm over 100 pips.

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I can't short — I can't. Not seeing any signs of weakness yet + I've got room to work for a larger move up.

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Yes...that is exactly what I meant. Ty for clarifying

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I forgot to post the charts...these are PnF charts.... Edit....what is interesting to note, is that there hasn't been a 10 pip reversal for some time. Suggestive of bull strength.

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Guys....77? — My charts has this as a significant point. Assuming it gets hit, we could see a big run up.

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LOL Sorry - I should have been clearer - what do you do for the fibs once the extremes are breached? I assume your moving your 0/100 lines to accommodate the new LL/HH? Or do you keep them there until some time where its proven that there is no ...

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Hey S.G - can you post your chart? I'd like to see your set up if possible. All this talk of Fibs has me curious about them again

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Ok....I can see how your setup would be ideal for trading within a set range - but what do you do once the extremes are breached?

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Ty Attila.....I appreciate your input on this.

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This is some work I used to do for Fibs. Its not a typical set up, but yet, seems to hold some water when used. Based on 'this ' work, 1.2599 should be a complete retrace. But, I abandoned this (and all fib work in general). These are using the ...

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Believe me - I try. I've tried a ton of stuff over my lifetime, nothing seems to be consistent. Fibs can work , until it doesn't...Fibs in general, are dependent on what two points you are referencing.

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Attila....believe it or not, I watch your posts intently, as I feel your style of trading is applicable for essentially anything from Scalping to Long Term. But the one thing I get confused about is how you keep track of the various levels. You ...

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I can't answer for everyone else. I can only say in my case, I know I cannot pick a bottom/top to save my life, but I can pick knowing the direction of trend. Once you know trend, you can pick anywhere you want. Trend is longer than most people ...

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That is a good question, and your right. I have to blame it on Oanda's data.

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Its a bull run. The only thing that has occurred over the last couple days is the expected retrace from last week.

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S.G....clearly your a good scalper. Right now, your right, things have slowed down again. But lets look at a really slow picture. I think this chart pretty much says what is really happening. Sometimes, you gotta look past what is going on from a ...

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If you can see 80 - that's good enough. I don't expect a rush to it, but rather a slow, wave building exercise.

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You might be right on 65 for today - if it happens, the charts will start to become apparent to most people as to what is happening. Especially if we do the consolidating up/down as you are suggesting. Edit ** if/when we break 77...watch out.

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There are bigger forces here at play than most people are paying attention to. It doesn't help that 90% of the people on this board are using 15 > 1 m charts, so they aren't seeing the big picture. 1.40 is in the works guys. Won't happen today, or ...

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Chicky, From what I can tell...we got our approx 80 pip retracement that was expected. I don't see much more downside on this. Just my 2 cents.

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