Comments on: Forex Signals – EUR/USD Selling into the Weekend

By: piphut

piphut — Mon, 01 Feb 2010 04:35:24 +0000

Sakis, best would be if you can post it in the forums:
http://piphut.com/forum/

Let me know if you have problems

By: Sakis

Sakis — Sat, 30 Jan 2010 14:42:37 +0000

correction: i mention falling adge to 33% this is rong
the correct is falling adge to reversal point
and then mesure fibo 33,-38.2% for the correction

By: Sakis

Sakis — Sat, 30 Jan 2010 14:18:28 +0000

Paul
there are 2 ways calculate fibo day trade and a longer term
Day trade mesure from tha falling edge to 33%,numbers are count there are never rong .

Even thow pattern to be 90% valid it must have harmony with numbers fx H&S LS to Head 1.618%(start from LS)
Head to RS 0.618% (start from head)the pattern is 90%
valid, if is not(these retracements) just wait for neck line.

The only think you can trust in your trading is Fibo numbers, patterns, and idicators is just for duble check

Personaly my best idicator is my stomach!

By: Sakis

Sakis — Sat, 30 Jan 2010 13:27:15 +0000

Hi Mark
Is the next group of waves comming after correction?

2 impulses and 2 corrections are finised, 3rd impulse in its final stage for this group

I have a study done for you i dont know how to send it

By: Sakis

Sakis — Sat, 30 Jan 2010 11:48:57 +0000

Calculate from the falling edge .
To find the turn point need little training.
everythink is retracing 33% min

By: Sakis

Sakis — Sat, 30 Jan 2010 11:43:11 +0000

for a day trading calculate the fibo from falling edge
(expantion,retracement)

By: Lisa

Lisa — Fri, 29 Jan 2010 22:32:47 +0000

Mark,

Thanks for the information.

Just to be clear. I understand you to say that as long as you are with one of the largest, most reputable brokers then it doesn’t matter how my lots you buy at one time. So there is no such thing as buying too many lots at one time. Correct?

Thanks again and have a nice weekend.

By: Paul

Paul — Fri, 29 Jan 2010 21:41:43 +0000

Thanks Mark,

That bit I’m comfortable with. It’s mini trends within larger trends that I’m not so sure about. Say for example, the daily/weekly trend is bearish. The pair shorts two hundred pips, then retraces (x) pips. If you then see a ‘valid’ bearish candlestick, at what point of retracement does that signal actually become valid ? i.e. does a doji after 50 pips qualify, or do you have to wait for a certain retracement before the signal qualifies as valid ?

Thanks again

Paul

By: Don (New Jersey USA)

Don (New Jersey USA) — Fri, 29 Jan 2010 21:09:36 +0000

Have a good weekend everyone I made my pips this week. I’m out of here next week is going to be even better. Thanks Mark PipStar weekend ahead and I’m offffffff!!!!

By: piphut

piphut — Fri, 29 Jan 2010 20:50:15 +0000

Hi Paul, no quick answer to this one as trend detection depends on what timeframe you are looking at, if you are a short-term or long-term trader, etc, but in general the best trends are the obvious ones and use higher timeframes (4h, daily, weekly). If you pull up a daily chart you should be able to easily detect the short, medium and long-term trends.