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Old 01-20-2010, 01:14 PM   #3505

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Re: Reading Charts in Real Time
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Originally Posted by Cory2679 »
Potential UJ short?...
Or maybe a potential UJ long?...
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Old 01-20-2010, 01:14 PM   #3506

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Re: Reading Charts in Real Time
EUR/USD: market has to present support. A theory may present anything.



ADD: I'll give it a try.
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Old 01-20-2010, 01:17 PM   #3507

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Re: Reading Charts in Real Time
Potential EJ long, I've marked up the highs and lows as I see them on two different 'degrees'.
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Old 01-20-2010, 01:23 PM   #3508

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Re: Reading Charts in Real Time
240m 6E chart
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Old 01-20-2010, 01:30 PM   #3509

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Re: Reading Charts in Real Time
Quote:
Originally Posted by Marko23 »
EUR/USD: market has to present support. A theory may present anything.
Well said!

Best Wishes,

Thales
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Old 01-20-2010, 01:40 PM   #3510

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Re: Reading Charts in Real Time
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The key value to fibs is.....that they provide a sense of proportion with respect to price movements
and how the various wiggles of all sizes fit in with one another. And that really is all. S/R is still the paramount consideration. But S/R...
instead presents us with zones. Fibs help us to choose a proportionately appropriate level within that zone for us to watch...


Something like this?
(6A)
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Old 01-20-2010, 01:48 PM   #3511

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Re: Reading Charts in Real Time
Quote:
Originally Posted by zt379 »

Something like this?
(6A)


I think I may need a few words from you regarding just to what "something like this" refers.

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Old 01-20-2010, 01:49 PM   #3512

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Re: Reading Charts in Real Time
Quote:
Originally Posted by Beachtrader »
Euro update:

Stop above the consolidation and looking to see if the session lows can be broken.

Attachment 18049

All the best
BT
Euro update:

Stop now sitting at 4220.

Reading Charts in Real Time-eurusd-100119-m15k.gif

Kind regards
Beach
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