Seems like to each of its own My reason is because fibo is very subjective, the way u draw it will be the way how u interprete it and affects ur signal/entry/exit. Another reason is because sometimes price ignores fibo and jus move at it's will. ...

Drawing correct resistance and support-lines

Haha funny lah u, i like ur signature/avatar, HUAT ah..

Drawing correct resistance and support-lines

Hello Umairs, yes please share, hope to learn frm u. PS: Aediaz1, seems like ur thread is rocking, didnt u imply entry fees? LOL! Yuna

Drawing correct resistance and support-lines

Another question if i may.. How do u derive ur critical SR areas? for the res area i believe it's the previous high, no? For the support area i'm not sure. is it because price find support at this point in recent history? Gd trading Yuna

Fising... journal & Analysis..

Thanks — Hey Fising, thanks for ur kind efforts and willingness to share! wow that's some gd resources that u provide here. i guess these will be my homework for next week, i'll digest them first then try to draw PS: So hardworking sia u,so ...

Fising... journal & Analysis..

Hello Fising, Yuna here. Hmm.. i see that u use a couple of tools combining them together. i have a little question here though, if u don't mind.. " Harmonic patterns behave like this, if you set up a couple of Fib ratio for each reteracement, ...

Fising... journal & Analysis..

If u encounter more of this type of things happening, it's time to change a broker.. Yuna

Can anybody have ideas why price goes down very quickly in that two days!

Hello CIORIMAU, a nice run u had on cable there! but be aware that trading solely on fibo is risky, it's better to combine with trendlines and SR lines. Yuna

Drawing correct resistance and support-lines

Try reinstalling it Yuna

buy stop / sell stop question

AH! i understand now.

Drawing correct resistance and support-lines

Btw u mean fib 50 208.45 correlate with ur 2nd uptrendline?

Drawing correct resistance and support-lines

it has also formed a new high currently since wednesday(previous high)

Drawing correct resistance and support-lines

aediaz1,GJ broke ur 4hr fibo 38.2 at 207.30 which is also Daily R1 already

Drawing correct resistance and support-lines

Yea, let's wait and see. today there's a lot of fakeout on the news. EU,UJ,GJ, and Gold also.

Drawing correct resistance and support-lines

Thanks! Seems like NFP doesn't have enough power to break it. Anyway looks like ur "Bear Trap" on GJ is right! image Yuna

Drawing correct resistance and support-lines

No, i avoided. it's strange, UJ is rising.. anyone care to explain?? image Yuna

Drawing correct resistance and support-lines

And also the bounce from 205 support. Looks like u're right, it might reach there soon. Yuna

Drawing correct resistance and support-lines

Yea! But there's Daily R1 at 2.0175 and the upcoming NFP. if cable breaks the ascending triangle and daily R1, provided if the NFP is negative for US, cable will be soaring. but i believe even if it breaks the triangle, there won't be much reaction ...

Drawing correct resistance and support-lines

Haha at least it was a positive trade. No fish prawn also gd LOL!

Drawing correct resistance and support-lines

Hey Mark, haven't seen u for some time, wondering where have u been. Or is it that maybe u got rich in trading and bought a beach somewhere and enjoying ur time now??? LOL. Hope to see u soon! Yuna

MG's trading journal, blog, analysis, speculation...