- Search Energy EXCH
-
FibbinArchie replied Nov 29, 2010Well no follow through so I don't think it's Welly, looks like arbitrage (a market drive-buy)...
EURUSD
-
FibbinArchie replied Nov 29, 2010Lol, yeah that's why I caught it right, had my eye on 33, still overshot by a bit tho' PS. 3155 looks like a good level if we get back up there, 38% fr and supply zone... Could go South first, although would be very surprised to see Asia take out ...
EURUSD
-
FibbinArchie replied Nov 29, 2010Yeah cheers, was just wondering who? Not as bad as the 100 pip spike the other Sunday mind, now that really was extreme...
EURUSD
-
FibbinArchie replied Nov 29, 2010WTF was that? managed to catch it right, but what was it?? Welly boys making an early start?
EURUSD
-
FibbinArchie replied Nov 29, 2010Depends how deep your pockets are mate, but a 400 pip drawdown is pretty strong...
EURUSD
-
FibbinArchie replied Nov 29, 2010Making the assumption that we may be at or near an interim low, remember to stay agile, accounts can get chopped up while trend is in transition...
EURUSD
-
FibbinArchie replied Nov 29, 2010I'm thinking that possibly it may be time to put on range trading hat until we get some strong economic drivers later in the week, don't forget this is US employment week and we are at some strong technical levels...
EURUSD
-
FibbinArchie replied Nov 29, 2010still didn't take the entry, damn must be getting extra cautious in my old age, which ain't no bad thing...
EURUSD
-
FibbinArchie replied Nov 29, 2010Flat so far, was way early going long @54 on initial drop, closed for a small loss wiping out an earlier scalp... patience is the key...
EURUSD
-
FibbinArchie replied Nov 29, 2010Currently residing 312x would be surprised if we do not at least retest the low unless a 15 min close above 3183
EURUSD
-
FibbinArchie replied Nov 29, 2010Ahh thanks, I think you have it, I've made a mistake, I projected a 161% fib from where my feed opened, not yesterday's high post Ireland announcement, Monthly S3 is still a valid level tho'
EURUSD
-
FibbinArchie replied Nov 29, 2010That said, last 5 min close is demonstrating strength, still looking for exhaustion vol to trigger an entry...
EURUSD
-
FibbinArchie replied Nov 29, 2010315x looks very reasonable, if that goes 311x could be next (fib projection & piv confluence)
EURUSD