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FibbinArchie replied Nov 12, 2010Weak quarterly GDP figures coming out of EZ so far this morning...
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FibbinArchie replied Nov 12, 2010The month is still young, sounds like you're on fire atm...
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FibbinArchie replied Nov 12, 2010Yeah, I still made my sardines last night, but on the prowl for that sword fish..

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FibbinArchie replied Nov 12, 2010The good news: we're all going to be millionaires!!!
The bad news: a loaf of bread costs a billion... 
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FibbinArchie replied Nov 12, 2010What are your start and finish points for that Fibo study? Edit: Oh forget that, you mean the entire move up from June, have been looking at just the last up leg...
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FibbinArchie replied Nov 12, 2010yes, yes, very true, so I missed the train, another one departs soon enough... The market has been very generous to me this week, so I shouldn't complain...
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FibbinArchie replied Nov 12, 2010Morning Chonch, pee'd off coz I missed this potential start of correction that already rallied 70 points, and I was up half the night trying to catch it 3 times... Hey ho, that's trading...
That said, might get retest...
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FibbinArchie replied Nov 11, 2010url There you go Freddy, not sure if there are any PDFs floating about... To be honest I read a few chapters only coz I was on a flight (not big on reading, video game generation, blah, blah, blah) and can't remember if it was any good or not, ...
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FibbinArchie replied Nov 11, 2010third time lucky? 3607 this time, sl @ b/e ps. for those that knock tick vol, I couldn't trade without it...
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FibbinArchie replied Nov 11, 2010lg still in play for now (famous last words) I seem to be letting a lot of bankable profit slide lately tho' that ain't good... Just dug out my copy of Beat The Forex Dealer by Agustin Silvani, and there is a section on stop running in that...
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FibbinArchie replied Nov 11, 2010Stops are visible on the order book, but it basically works on herd mentality, ie. retail will generally put all their stops in or around the same place... and they (the big institutional players) have a very deep understanding of herd psychology...
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FibbinArchie replied Nov 11, 2010Long stops are sell orders, so they push price down by selling to an area where stops are clustered and they then have a lovely big pool of selling into which they can buy cover for their shorts and pick up a load of cheap merchandise into the ...
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FibbinArchie replied Nov 11, 2010Significant downside risk if this low doesn't stick, just saying...
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