Breaking through the morning flat - page 12

 
NikT_58 >> :

I'm always on the fritz.

LAUGHTER.

:-) well, maybe it will work...


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I'm pulling two grids on both impulses.

i.e. there is a 1st and a 2nd wave for this movement

then look where the chips often overlap and there will be strong levels

(I recommend the MASTERForex click, they teach it quite well)


the grid, by the way, from the MF...

for MF strong levels are 161 261 361 423

I personally love 161. It's usually achievable most of the time.

If it's broken through sharply, it's more likely to go all the way to 261.

the most difficult thing is to set the grid properly



 

Will work next Friday.

That's hilarious.

 

No, you should only enter on breakdowns.

 
NikT_58 >> :

No, we should only enter on a breakdown.


the breakthrough signal is good - not for nothing the turtles used it

Friday?

Who knows, we may crash, but not today.

so put it to buy with nearest +20 +30 +50 pips

and most importantly put a stop! today!

 
YuraZ >> strong MF levels 161,261,361,423.

361? I haven't seen it anywhere. 161, 261, 423 - yes, but this one's a bit obscure.

 
Mathemat >> :

361? I haven't seen it anywhere. 161, 261, 423 - yes, but this one is a bit strange.

Lesh, that's MF... there's 138 and 200 - or 211...

138 by the way is also an interesting level, it also sometimes gives bounces - bounces

361 doesn't work often, either.

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for example, today there was an ejection out of range.

and not a weak one.

we missed 161 - i think the 261 target is very likely to be reached


 
YuraZ >> :

Lesh, the MF has it ... there's also 138 and 200 - or 211 ...

By the way, 138 is also an interesting level, it also gives bounces - at times in false breakdowns

361 also often works out

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For example, today there was an outlier in the range.

and not a weak one.

we missed 161 phibes - I think the 261 target is very likely attainable.


Probably so.

 
IMHO you should not be wrapping yourself in fibosets like this, all these +100-400 levels are artificially invented limitations that are not based on mathematics.
 
pisara >> :
IMHO you should not be wrapping yourself in fibosets like this, all these +100-400 levels are artificially invented limitations that are not based on maths.

No one is arguing that.

Give your targets.

The presence of a plan (even if flawed) is much better than no plan at all.

 
3.618 to be exact, but there are also 2.24, 3.14.