- Search Energy EXCH
-
FibbinArchie replied Jan 16, 2011But he is a very good trader and come on, you'd miss him on here if he went to another thread...
EURUSD
-
FibbinArchie replied Jan 16, 2011Lol, can we just agree that by usage of the word "gap" we are referring to the change in price from 10pm GMT Friday night to that of 10pm GMT Sunday night. The discrepancy of course being accounted for by interbank trading over the weekend... Since ...
EURUSD
-
FibbinArchie replied Jan 16, 2011Given the reduced liquidity expected tomorrow due to MLK day in the States, I like the idea of using the boxed area as an initial reference area, I will be monitoring how price action reacts at or near these boundary levels for possible range ...
EURUSD
-
FibbinArchie replied Jan 16, 2011Try PMing 7bit url He does a lot of coding, not sure of his rates... forexflash is another possible url It really depends on what you're after...
EURUSD
-
FibbinArchie replied Jan 16, 2011Oh that's just typical, if by 11pm gmt we are a little lower, would have put my short in fair profit that I closed for a small loss at 9.58pm Friday night (my broker closes 10pm Fridays), but at least I can relax over the weekend and still my P&L ...
EURUSD
-
FibbinArchie replied Jan 16, 2011However, I think the Scarface anecdote does illustrate well the dangers of entering a position trade where you are trying to pick top/bottom. Notice that I make a distinction between top/bottom picking and entering a short term counter trend retrace ...
EURUSD
-
FibbinArchie replied Jan 16, 20113 points come to mind having read your analysis: Firstly, 30 pips is a common infraction distance through an established s/r level, designed to take out stops. Second, Friday's price action should be viewed with suspicion, since it was coming off of ...
EURUSD
-
FibbinArchie replied Jan 15, 2011I got target level @ 324x assuming downside & retrace early next week... 32.8% fr of up move and prior resistance zone from 28th Dec... Further down I see 312x as price action demand zone on h4... Looking north I see 361x 127% fe, price action ...
EURUSD
-
FibbinArchie replied Jan 15, 2011Not really one for MACD, I don't really trust any lagging indis. That said, there has been some very obvious bullish divergence on the daily MACD since the start of December, standard 12, 26, 9 settings... The Fundy view (from Thurs so a little out ...
EURUSD
-
FibbinArchie replied Jan 15, 2011imo it's not a matter of being right or wrong. It's a two horse race, long or short, and it's about weighing up and analysing the balance of probabilities, and gathering evidence to support your analysis...
EURUSD
-
FibbinArchie replied Jan 15, 2011hmm, we closed the session to within about 15% of weekly range high, h4 topping spike yesterday could have just been pre weekend profit taking... Also was just shy of forming a bullish engulfing candle...
EURUSD
-
FibbinArchie replied Jan 14, 2011If GS says go long, probably means they need buyers cause they're looking to off load big time...
EURUSD
-
FibbinArchie replied Jan 14, 2011Well I reckon I'm about +10 to 15 for the past 30 mins scalping... As Chonch used to say, closed circuit pro drivers only... Gotta run, catch u l8tr

EURUSD
-
FibbinArchie replied Jan 14, 2011lol.. 20 pips each way and back to square one, what's the average retail stop distance? 20 pips...
EURUSD
-
FibbinArchie replied Jan 14, 2011Be assured that the smart money players are already privy to the numbers, they also love setting traps for uninformed traders...
EURUSD