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  #1171 (permalink)  
Old 07-13-2009, 09:57 AM
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That's a really funny picture u have bank lol...
How so TMB?
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  #1172 (permalink)  
Old 07-13-2009, 10:06 AM
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Originally Posted by BankDaPips View Post
How so TMB?
I just think stick figure drawings like those are cute and funny lol..
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  #1173 (permalink)  
Old 07-13-2009, 10:15 AM
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Originally Posted by TMoneyBags View Post
I just think stick figure drawings like those are cute and funny lol..
Oh u mean my Avatar...Its the mood I like to assume when trading so I am relaxed and having fun. Like going through a garden picking the flowers without bees.
Last edited by BankDaPips; 07-13-2009 at 10:23 AM.
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  #1174 (permalink)  
Old 07-13-2009, 11:20 AM
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Hello everyone,

I used 2 different X points and I can't tell which convergence point is better, I'm thinking it is the 50% of the larger XA because all fibs converge there.

Any ideas?

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  #1175 (permalink)  
Old 07-13-2009, 11:31 AM
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Hello everyone,

I used 2 different X points and I can't tell which convergence point is better, I'm thinking it is the 50% of the larger XA because all fibs converge there.

Any ideas?
Ogna, I think 1.6180 is the one, may be exceeded by 7-9 pips. However, if it does break 1.6145, keep in mind that a strong up thrust is expected.
Last edited by BankDaPips; 07-13-2009 at 11:51 AM.
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  #1176 (permalink)  
Old 07-13-2009, 11:59 AM
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Default USD/JPY 30 min
Hello everyone! Nice patterns today, and what about this one.

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  #1177 (permalink)  
Old 07-13-2009, 12:07 PM
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Hi,
Do you think that this one is still valid?

Thanks!
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  #1178 (permalink)  
Old 07-13-2009, 12:12 PM
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Originally Posted by BankDaPips View Post
Ogna, I think 1.6180 is the one, may be exceeded by 7-9 pips. However, if it does break 1.6145, keep in mind that a strong up thrust is expected.
Ok, just curious because I am new to forex and I don't quite understand the interworkings of the market, could you explain why this is?
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  #1179 (permalink)  
Old 07-13-2009, 12:14 PM
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Originally Posted by wrtm_19 View Post
Do you think that this one is still valid?

Thanks!
I do think it is valid, but I think many will disagree with me here...

I will probably trade it with half the lots I usually use.. we will see what happens so long as it does not break the 0%
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  #1180 (permalink)  
Old 07-13-2009, 12:19 PM
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Originally Posted by Ogna View Post
Ok, just curious because I am new to forex and I don't quite understand the interworkings of the market, could you explain why this is?
Hi Ogna, the support area in that vicinity is a 1.6190
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