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***FX-JEDI***
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Postby ***FX-JEDI*** » Fri Aug 07, 2009 12:37 pm

deleted double up..
Last edited by ***FX-JEDI*** on Fri Aug 07, 2009 12:42 pm, edited 1 time in total.
Its better to be out of the market wishing you were in,
then being in the market wishing you were out.....

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***FX-JEDI***
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Postby ***FX-JEDI*** » Fri Aug 07, 2009 12:38 pm

Patch wrote:FX-JEDI

Thanks for your post at 7.54am this morning. On the H1 chart, what was your thoughts so far as using the third lowest low as the 0.00 line of the fibs rather than the lowest low on the chart about 19.00?

Thanks,
Patch


Hi Patch.

sorry for late reply
i've missed a few days still away camping,
so got a bit of reading & studying to do..

If price is making new swing HI's then I pull fibs from the
most current swing HI down to the the next swing LO,
you can keep pulling fibs down to each swing LO but keep the same HI,
then look for fib convergences where price may retrace down to. see pics


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deeforex
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Postby deeforex » Fri Aug 07, 2009 12:41 pm

monolisa wrote:Drawing angles using "Trendline by Angle" Tool in MT4. When I scale (zoom in/out) the chart it seems the angles remain the same.

Image

Lis


Hi Lis,

Thanks for all the indie mods that you have made and charts/commentary you have posted!

Yes the angles remain the same when you use the "Trendline by Angle" Tool on different TFs but the slope of the line will no longer follow the movement of the price when the scale changes. You can test this out by drawing a box, manually draw the 45* with the Trendline tool and then use the "Trendline by Angle" and draw one next to it at about 43* (different color), change TF and you will see how different it is.

thanks again for all your posts!

dee

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***FX-JEDI***
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Postby ***FX-JEDI*** » Fri Aug 07, 2009 12:59 pm

got in at daily Z line as expected... up 26.20 pips love it....
now 36 pips... :D :D :D :D :D
Its better to be out of the market wishing you were in,

then being in the market wishing you were out.....

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Postby deeforex » Fri Aug 07, 2009 1:06 pm

MightyOne wrote: It is difficult just to teach people how to construct a Diamond of Perception.
The first rule is that it is put together using a major angle (45* using this square method).
Then after it is constructed the scales can change and the major angles that you saw working so well on the last scale are then carried over to the new scale.

I was less than happy with the margin of error when drawing an angle between sharps and flats so I did it right by completing the fibo and using the same numbers between 0 & 1 for the Fibo TimeZone tool.

Construct the major angles first and then add in the sharps and flats using the fibo/fibo tz:

I can see you doing :shock: :shock: :shock: already, but it is no difficult:

Image


Thanks for this new way with the Fibo Time Zones.

I was just playing around with the boxes to see if they're the same kind/size of boxes that capture corrections (that you talked about a while ago). Based on that I created this chart. I don't know if this is where we're headed but wow! there are some patterns going on here.
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Postby Patch » Fri Aug 07, 2009 1:18 pm

FX-JEDI

Have a great time camping! Where abouts are you camping? Are you stationary or backpacking?

Great posts, and very helpful explaination. Many thanks, Patch
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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Postby aVi » Fri Aug 07, 2009 1:40 pm

As soon as we start to figure things out, MO shows us how much we still have to learn. Running the risks of complete embarrassment, seeing as I still feel a bit clueless about this, here is my first attempt. Don't laugh. You may point, just don't laugh... :( :oops: :smt021

Image
Image

...I'm off to see the wizard.
Wake up Mr. Green...

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***FX-JEDI***
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Postby ***FX-JEDI*** » Fri Aug 07, 2009 1:44 pm

Patch wrote:FX-JEDI

Have a great time camping! Where abouts are you camping? Are you stationary or backpacking?

Great posts, and very helpful explaination. Many thanks, Patch


Thanks mate..

yeah am mate, I am close to home only about 15min from home actually, on the beach at stockton caravan park, have only 2 hrs of free wireless internet from the park each day, been here 3 weeks. go home this weekend, after my little girls 1st birthday party on sunday, but her birthday actually on monday 10th.
I rebuilt a 17ft 70's model caravan from the chassis up, so all brand new, gloss white inside and out..lol, but just old school...lol closest thing I could get wife to camping... :)

got out of trade with 34 pips got out bit early, then was going to short it down back to 1.4300 but too tired & past it up...

nite all..
Its better to be out of the market wishing you were in,

then being in the market wishing you were out.....

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retireme
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Postby retireme » Fri Aug 07, 2009 2:15 pm

***FX-JEDI*** wrote:
Patch wrote:FX-JEDI

I rebuilt a 17ft 70's model caravan from the chassis up, so all brand new, gloss white inside and out..lol, but just old school...lol closest thing I could get wife to camping... :)



Consider yourself lucky, my missus thinks a caravan is slumming it... :(

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Patch
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Postby Patch » Fri Aug 07, 2009 2:39 pm

I like sleeping in hotels or vans. The ground has gotten harder over the years. My wife loves going out camping, even to the point of tents and sleeping on the ground. jb
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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