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forexlion replied Oct 12, 2008thanks, this does confirm the fib series level of 4181 or 155.60 as reversal point for the whole show. and if this does happen then in steps we could be going back to 254 levels by 2009 or 2010. this also means that this week, monday or tuesday at ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 11, 2008with indices down across the board, things do look gloomy at the moment depending on how London opens we will be able to figure out the true direction.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 11, 2008help me draw the lower line correctly. i want to draw it parallel to the upper one drawn correctly, this would also mean we have reached the end of the tunnel
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 11, 2008we broke something here comments please
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 11, 2008Fibonacci series works as follows 0 0 1 2 3 5 8 13 21 34 55 89 144 233 377 610 987 1597 2584 4181 where each number is a sum of previous two numbers. we had a daily trend reversal on daily charts at 197.41 on interbankfx server [this can be ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008i love this spread on euraud before weekend close




i thought it had a tight 12 pip spread but 108 is too much !!!Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008hit kiss of death level 171.65, bounced and hit the lower level 167.90 then bounced again cool
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008basically i hate lagging indicators and wanted to write something which gives current trend more accurately. so ended up getting something far more than my wildest expectations.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008just don't give wrong trades to newbies on the thread thats all.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008
dreed told me some interesting stories.Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008open a 0.5% position with no SL, try to maximize on pips earned not on margin used. and go with the main 4 hour trend, not the stupid 5 min swings. this is what i always do, and this is the very reason for my success. always 0.5% not even 1%.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008with 4 hour bullshit now saying short, i am not committing suicide here.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008try to avoid trading for today, unless you plan on keeping it over the weekend. and yes i agree with orion when he posted about the mercury retrograde earlier in this thread.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008here we go back to re-test 171.5 but this is a high risk trade, as bullshit is now in consolidation
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008unless 171.6 is taken out, i will be targeting 155.60
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008congrats now you know why i call the 4 hour T3 as the kiss of death level.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Oct 10, 2008i keep a 1000 slippage on IBFX
and it works !!! 
Auslanco - GBP/JPY and GBP/USD (newstrade)