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FibbinArchie replied Jan 4, 2011The bastards are watching me!!
2nd bite at the cherry just now..EURUSD
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FibbinArchie replied Jan 4, 2011ps, this is a bear flag pattern... (doesn't guarantee price will follow through mind)...
EURUSD
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FibbinArchie replied Jan 4, 2011You did better than me then, long from 85, out at 92, why is that when I decide to keep it open it always does a second plunge??? Looking like a waste of a bloody good entry now...
EURUSD
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FibbinArchie replied Jan 4, 2011erm okay, but take a look at the example of a bull flag pattern in the chart image on your link...
EURUSD
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FibbinArchie replied Jan 4, 2011Not wanting to sound condescending, a bear flag angles upward, and demonstrates a weak retrace/consolidation in a down trending market...
EURUSD
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FibbinArchie replied Jan 4, 2011Slapdown in full effect, but will it take out support and by how far??
EURUSD
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FibbinArchie replied Jan 4, 2011Yeah they are effective, even more so on longer term TFs, self fulfilling prophecy or voodoo tho'? that's the question...
EURUSD
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FibbinArchie replied Jan 4, 2011I use IG's new app, I've got On The Go Lite, but don't rate it that much, IG now has MACD, Stoch, etc. but no way of drawing fibs, TLs and most importantly (for me) no tick vol... I just love my MT4...
EURUSD
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FibbinArchie replied Jan 4, 2011Yeah, need to work on my risk management, nuff said... Still in the game, gonna be working for a few months, so will only be trading Tokyo & London opens, and the odd trade on the iPhone, charting app sucks tho'...
EURUSD
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FibbinArchie replied Jan 4, 2011Have a look at some of Sam Seiden's stuff on supply & demand zones (if you're not already familiar), there are lots of videos in the FX Street archives: url
EURUSD
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FibbinArchie replied Jan 4, 2011Yeah I'm temporarily working for a few months (self employed tho', so the man can go f*** himself), decided I need more of a financial buffer. Agree, the bars are pretty messy of late, we're in consolidation, accumulation or possibly redistribution, ...
EURUSD