so how about the fibo_piv indicator????.. it quite accurate rite??.. the support line and resistance line??i show that everytime it reach it will bouch back.. or hovering around that line..

This post has been edited by hitokiri_maniac: Jun 13 2008, 11:43 AM

damn.. i juz lost my first trade today in AUD/USD...
i always forgot my rules.. always always always see if there was news if sudden burst of buying or selling.. even if it make it past more 10 pips above pivot line.. must wait for second candle to be confirmm... arghhh.. y i was always forgetting about thattt...

This post has been edited by hitokiri_maniac: Jun 13 2008, 12:43 PM

3%? how much pips is that?

oo.. i prefer 10 pips above lines...the body actually close more than 10 pips from lines.. so it quite strong to up and resist any down back.. if u analyze the chart of pairs.. most of bar that body not close more than 10 pips from the lines it will go down back...

This post has been edited by hitokiri_maniac: Jun 13 2008, 01:18 PM

anyone know collaboration between the pivot,resistance,support line and the fibonacci lines??

the fibonacci retracement lines??i mean the fibo retrace and S&R lines?

i think both are powerful tools to open and exit strategy

i show u..




if can figure it at least have higher chance to avoid loss...

from the chart..i concludes that

1) If sudden burst from pivot lines.. wait for second candle to confirm
2) See if there a news that time of current bust up of bar
3)It try to pass fibo lines and yet unsuccessful.. that it go slowly going up.. wait till it bar actually close higher than fibo lines.. then can get in..



what im talking about???? .. it that most ppl called as price action movement???..

This post has been edited by hitokiri_maniac: Jun 13 2008, 03:14 PM

EJ sudden burst of downward.. there will be correction i guess.. .. this sudden high high pip always not last long..

---

Added on June 13, 2008, 5:45 pmyeah it will pullback.. that the time to go in.. since it already downtrend before sudden down..


This post has been edited by hitokiri_maniac: Jun 13 2008, 05:45 PM

EU from my chart still not arrive at 0 point in my stochastic.. still ponder coz.. with new high low it juz set in my fibo line.. it's hard to think whether go in or not...

This post has been edited by hitokiri_maniac: Jun 13 2008, 05:52 PM

i only catch it before that only.. 15 pips jadi la...eheheh

yeah.. maybe after it past resistance 1 it will try down to pivot line..

GU lol... till now.. still cannot pass through support line 1...;D

UJ currently going down.. maybe wanna go down till pivot lines.. and see it will bounce back or not...

EU.. i think it will ranging till 5 pm coz 5 pm got red news for EURO...maybe that new will be the catalyst for today movement..

EJ.... going down imho.. it try to past resistance and not succeed.. hence it bounce back..maybe later it will try again..

still waiting for clear signal to go in for today..

Sudden burst of high pip alwasy mean tthere will be pull back.. especially if it burst below line through the line

i think yahoo finance got it rite?? show quotes??.. or not..

seems that market still slow..

today... market up n down... aiyaaaa..no certain trend... =_=

today streamyx very slow.......

maybe try to run someone in the middle road.. lol and then do nothing??.. or even better laughing after that.. that insane or no humanity at all.... lol.. juz joking

it hard u know... the mindset.. every time go in trade always fear to loss even it was money u afford to lose.. after all it still moneyy