Daily Forex Trading

[LeMercenaire]

They are wildly vilified and scoffed at by many - however, I have a soft spot for Fibs in the right circumstances.

This was a set-up on Crude today that I have been discussing with another trader and thought it may be of interest, in that as well as showing DWZ principles hold true as always, Oil does love to respect those lines...check out the 79.0

CrudeOILH1lovestoplaythelines13thMar18.png (37.32 KiB) Viewed 2727 times

[forexmoney]

Right on to the 50...

EURJPY.cH1righttothe50-close-9thMar18.png

hey lem where can I get the crash zone indicator on your chart?

[LeMercenaire]

Right on to the 50...

EURJPY.cH1righttothe50-close-9thMar18.png

hey lem where can I get the crash zone indicator on your chart?

I got it right here

[forexmoney]

the crash zones are awesome, you guys have been holding out on me lol.

[LeMercenaire]

the crash zones are awesome, you guys have been holding out on me lol.

Nah...you just had to ask...and go on a little treasure hunt

[LeMercenaire]

Was talking about Crude there and what a nice DWZ entry long you'd have had this morning.

It's just hit the 50 and turned, so if you were in, you'd be looking to manage things but still a nice move to wake up to.

CrudeOILH1niceDWZlongatOpenbutnowhit5oandturned14thMar18.png (35.1 KiB) Viewed 2682 times

[LeMercenaire]

Was talking about Crude there and what a nice DWZ entry long you'd have had this morning.

It's just hit the 50 and turned, so if you were in, you'd be looking to manage things but still a nice move to wake up to.

CrudeOILH1niceDWZlongatOpenbutnowhit5oandturned14thMar18.png

The retrace has almost hit its own 50 now, so may be a chance to add in coming.

[LeMercenaire]

Was talking about Crude there and what a nice DWZ entry long you'd have had this morning.

It's just hit the 50 and turned, so if you were in, you'd be looking to manage things but still a nice move to wake up to.

CrudeOILH1niceDWZlongatOpenbutnowhit5oandturned14thMar18.png

The retrace has almost hit its own 50 now, so may be a chance to add in coming.

The retrace played out almost perfectly...

CrudeOILH1niceaddinfromthe50Mar14th18.png (35.24 KiB) Viewed 2666 times

[LeMercenaire]

EJ getting set for...something...

EURJPY.cH1oooh-ayeee15thMar18.png (53.84 KiB) Viewed 2625 times

[LeMercenaire]

EJ getting set for...something...
EURJPY.cH1oooh-ayeee15thMar18.png

I completely missed that beautifully simple drop out of the small add-in Supply Zone, as I was spending my time wrangling The DAX all day. Oh well, lol.

EURJPY.cH1toobusyonDAXtoseethiseazy-peezyDrop15thMar18.png (44.14 KiB) Viewed 2792 times