@kidrock82: do you draw Sup/Dem zones manually?
hi boss, no i'm using the sup dem indi that's is posted in the indicator section of this forum, why?
The fibo levels have to be negative see here...
My Thanksgiving day :)
hey jos! hey Kid! Thanks for your help, really appreciated! problem solved, now I can improve my style using fibo channel too!
Have a good day!
nice smooth.. my entry point in eurusd today bearish harmonic pattern: 161.8 fibo level, just next to the rectangle area
Nice one John Did you anticipate the bounce off the lower string?
Last edited by jtrader; 01-16-2012 at 03:55 PM.
thanks jos! I am a good student ..
yes, man! I went in trailling until 3/4 of the short (red candles) .. I avoided the bounce.. I like it
This is called AC/DC (trying to keep within the music theme)
Ok this thing is a resistance projection, apply to best fit price action. Enjoy!
Fibo properties are (-1, 0, 0.118, 0.286, 0.386, 1)
here we go.. look at that
correlated with eurusd (positive correlation, they move in lockstep)..
I think you were looking at the euro, here it is with an alternative pivot.
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