fib. expansion and retrace in forex

[shopster]

a euro cad r n' p on the 60 min chart.........

a db to a dt then the puke to the 4.2

s

 

[shopster]

a euro trash dt london session to the big cahuna.........

s

 

[zhaoyun]

hello shopster,

any way to filter out the DT follow by DB setups you show or at least how to min the loss?

best regard.

-zhao

 

[shopster]

Z,

draw an alert line indicator and put your feet up until the DT happens.....
or not.

the DB was already formed in this setup

once the DT alerts, trade on.......

s

 

[shopster]

a gap open DB slingshot back to the moneyline then a 5.7 full pull

one hour chart.

trade on....

s

 

[shopster]

DT slingshot to a 5.7 big cahuna

s

 

[shopster]

a .86 one legger retrace to the moneyline and the 5.7

s

 

[shopster]

lets add some spice to the classic setups......

" slingshot trading...."

price moves way out to left field and slings back in.

notice the hook shot setup

turn off the talking heads and just trade it.

add in the shop classix DB and DT to the sling setups.

cheers,

s

 

[shopster]

sling away....

s

 

[shopster]

mud slinger.......

s