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FibbinArchie replied Nov 15, 2010Well there ya go, it appears that the Forex gods don't like my cocky attitude, but the key is that I have still made money on the trade, even though it appears I was wwwrong... Now to side lines to wait for a high probability set up...
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FibbinArchie replied Nov 15, 20100.000000000000000000000000000000000000000000000000000000000000000000000000009% we could go sideways forever... PS. short from 648 half out already @ +25 and sl on rest to b/e, so already showing profit and zero risk, so not overly bothered which way ...
EURUSD
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FibbinArchie replied Nov 15, 2010Fair comment Cloggs, but maybe if she were to, she wouldn't get such a backlash... Imo, bull or bear it's all a matter of probabilities, I don't think there is a right or wrong answer, just a case for each and in order to examine the case we need to ...
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FibbinArchie replied Nov 15, 2010Merry, maybe if you posted some analysis and reasoning to back up your predictions?
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FibbinArchie replied Nov 14, 2010Definitely something about Eastern European types... Although the bar I was in last night was ok, lots of middle aged (desperate housewives) types, a cpl of them were extra friendly, although I think they'd been powdering their noses (if you know ...
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FibbinArchie replied Nov 14, 2010Estonia mate, spent a week there during winter last year, and every single one fit as a butchers rabbit... Weather is bloody freezing tho'
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FibbinArchie replied Nov 13, 2010Yes should have highlighted the word potential, I always try not to hold a strong bias either way and just try to play both sides letting PA lead, but am thinking potential 3 or even 5 wave retrace... In support of the bearish case, we have touched ...
EURUSD
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FibbinArchie replied Nov 13, 2010Anyone else seeing an I-H&S shaping up on Fibre? I think we have the potential for some more upside moving into the start of next week, although the tick vol was massive in the hour or so following Friday afternoon's data release (possibly just the ...
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FibbinArchie replied Nov 13, 2010Lol, too true, just enjoying it while it lasts... Hmm, should I be reading a deeper meaning into that comment? I think I catch your drift...
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FibbinArchie replied Nov 13, 2010Just received a letter from HM Revenue and Customs and they're giving me money!! Tax refund, yeah baby, makes a bl**dy change...
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FibbinArchie replied Nov 13, 2010Totally agree, it is just a matter of common sense, but all the same I believe this is still common practice and it's something that newbies may not be entirely familiar with... Was actually just posting a pm response to the chap who's question ...
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FibbinArchie replied Nov 13, 2010I think swing highs/lows is quite a common one, also notice that sometimes you will get an ABC retrace where sub wave C goes just a few pips beyond the previous low/high of sub wave A taking out stops and then resumes trend direction...
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FibbinArchie replied Nov 13, 2010One other piece of information on stop running, in Spot FX (differing from Futures) in the absence of an order book for a central exchange, I believe that allegedly it is common practice for some brokers to informally report the locations of their ...
EURUSD
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FibbinArchie replied Nov 12, 2010Breaking that neckline was hard work so just bailed at the 671 pivot... Have a wonderful weekend all...
EURUSD