wizard101

Thanking you !

Also a big thanks to you Von...Have an enjoyable time away !

No issues either on any purchases from Electron !

https://www.sendspace.com/file/30b4b2

 

cheers !

https://www.sendspace.com/file/dpva1b

 

Cheers !

Wishing you a very speedy recovery Eurotrdr and always remain positive & strong !

Always giving and forever welcoming your invaluable input Jane......

 

take care !

Happy New Year to all the folks here and many blessings with lots of health, peace, harmony and prosperity !

 

Many thanks to the wonderful contributors in this great forum who continually share and offer their invaluable expertise.....

https://tradingschools.org/reviews/__trashed/

 

Another vendor selling false dreams.......

Best Wishes to Steve also and a very speedy recovery !

Definitely an interesting area up here from where we are seeing the corrective move down Jane...I too would've preferred the 127% further up to be tested then down but nevertheless we do have a 127% hit of the prior leg up "motive or trend wave" and coupled with divergence there would like to see the trend line support breached "not saying that happen lol but intraday would at least have been a logistical target back down"...Also to note that often when a 127% is taken out, a pullback to the 127% breached often provides a good support area as a reference imho....From a potential target stand point, not that it matters intraday but we could potentially see a retracement back the 38.2% also prior high breached at that level if we can hold this current level and a breach below the trend line.....

 

http://screencast.com/t/m9O9I7qPHKQ

 

Good and safe trading to all and thanks again Jane for your invaluable input as always !

good resistance on poss lower high "right shoulder" if she can hold the 161.8/78.6% confluence.....

 

http://screencast.com/t/c3VBskzwfr

Unbelievable Admis does it again...thanking you so much for everything you continue to do :))

 

cheers !

http://screencast.com/t/VyTLDrYE6

 

expectations/targets are just that but ultimately must follow price action dependent on what our risk tolerance is with regards to the time frame in which we are looking to make a play...on the shorting level at the test of the highs the market offered something back down towards the M middle leg which was key to be taken out....instead price formed a small ab-c corrective bullish pattern with the divergence and getting back inside the trend line and also breaching a down trend line which voided any holding onto any more shorts and if anything was a setup "continuation" long.....I was too involved in managing currency positions so apologies for not showing that real time which I would've preferred....anyhow as a purely management and/or exit strategy in addition to one looking for a long continuation that was a high prob formation there..

 

cheers and good and safe trading.....

 

Guys you are in the best thread .....Jane sorry to hijack this and again thanking you and all for their contributions !!

would be good to get some decent selloff today !

 

http://screencast.com/t/shwQ62Fz12

http://screencast.com/t/FaMTx3g4Mr

Hi gang just a bit of an update as to just how potent these ratios are in referencing high probability "turn areas"......this was a chart I had posted in another forum namely as a good target into this area as well as a bounce area.....just following up with that chart and had in fact added a couple more fibs which lined up to form the cluster.....Also now getting back to the 38.2% of this whole down leg on s&p500 as well as a 127% projection which presents a good target back up as well as possible resistance.....of course nothing written in stone but in so far as referencing price and determining high probability areas these ratios again have a natural tendency to repeat a lot more than not....

 

http://screencast.com/t/cjh6gByp0

 

http://screencast.com/t/5xXoOCcM

 

http://screencast.com/t/yguOOvKwBwY (this was a high prob turn area I was looking for on the GBPUSD which it pretty much nailed).....

 

 

cheers !

Excellent stuff Jane as usual....same target on ES and also like to point out that these ratios are uncanny as to how often they work in many markets.....combining 2 or more of these together to build a confluence is even more potent....As an avid Fib trader myself all I can say is this rocks and so do you Jane lol.....had to say that !

 

cheers !

nice on Sing, thanks for the updates....

 

cheers !

this was the bounce area at the confluence and nice tg as well !

 

http://screencast.com/t/5ysSyCwJLf0E

nice selloff off that bounce back up to the 38.2% and prior structural support test > resistance to the down target area Jane and will now be interesting to see if she can hold some support from the 78.6% but have just zoned that whole area with a confluence of a 127/161.8% so will be expecting possible support there.....

 

http://screencast.com/t/GoWvlvoxbU

 

cheers !

thanks very much Steve for the resourceful info you so greatly provide !

 

cheers mate

meant to have typed 1.618 lol but i think it is evident !

interesting to see if she can test back to the 38.2% and will need to hold there for shorts, else would no doubt need to take out that 61.8% and prior high for any real test back to the high imo.....I do like the 78.6 to 88.6% deep fib retrace if she can hold that 38.2% signifying further weakness but no doubt as Jane very well outlined we would then need to adapt and check levels when the market evidently proves itself as to whether or not some of these key levels will hold or not....I did like that 1.68 ascending wedge downside break where you also no doubt would have had good divergence there as well......

 

http://screencast.com/t/XrUm7OxWc

 

cheers and great work as usual Jane !

Hey Steve just a quick question, I know that it is recommended to bet on the UK horse racing circuit but wanted to know your thoughts as to whether the LA method would also work in the Aussie Horse racing space ?

 

cheers !