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    • big_pipin replied Oct 13, 2008

      Sherm, 3623 was resistance on that EU, as shown not just by price, but also the white fib line you drew. So why buy there, if the odds are against you that price would reverse when that level was hit?. I guess BO trades like this too? up 53 pips on ...

      Fibonacci Trading with Bobokus
    • big_pipin replied Oct 12, 2008

      If your trading off the 8hr and weekly charts, do you think setting a 10 pip stop is going to do any good?...LOL no. Maybe a 250 pips stop....larger time frames = larger risks.

      Time frame
    • big_pipin replied Oct 12, 2008

      I guess your a scalper? is EU your favorite pair? you like sma's it seems, so try this...put a 15sma(high), 15sma(low), 30sma(high), and a 30sma(low) on any chart, and look at the 15sma low to cross the 30sma low for longs, and 15sma high to ...

      EURUSD
    • big_pipin replied Oct 12, 2008

      Time frame is important because it will say a lot about how much risk your going to need to take, as well as how long the trade might take to work in your favor. Keep in mind also the longer the time frame, the more reliable your trading signals ...

      Time frame