fib. expansion and retrace in forex

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Quote from ElectricSavant:

Thanks for contributing here in ET shop...
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ES,

you are most welcome.

i got a little off topic in my thread, but we will now get back on track.

there was some " retail noise " in the thread that messed up my chart flow.

calling live trades in a thread is for idiots.

i luv to snack on retail.

real trading is a singular activity and best accomplished in that environ.

cheers,

shop
 
Well, the reason I mention it is one does not need rsi, macd, stochs or any of these indicators and if you watch it, on higher t/f, watch this Ichi for say 1/2 weeks in regard to the fib settings, you will remove all these other indicators and just trade the Ichi.

From the arrow, I have been short on eur/usd using the 1hr/4hr, the daily may soon cross also, which will turn this short into a mega short....
 

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T,

euro, a DT at the moneyline.

the exit is the 5.7

you just have a diff. way of looking at it .

you tell me what happened at the " top left corner" by the market makers.

3 to a DT

plus the half twist .76 retrace.


s
 

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T,

continuing on.......

a new short at a diverged .86 retrace DT to the 1.62 exit

short was in the moneyline zone.

histo diverged.

also......
you now have a DB from the 5.7 extension previous low trade, to the left .

at 1.62 long diverge is starting to show.

running out of gas .

s
 

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