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FibbinArchie replied Nov 10, 2010think I'll set some price alerts and close my eyes...
in three minutes if nothing happens...EURUSD
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FibbinArchie replied Nov 10, 2010I think bottom line Paul, TLs are a little subjective, if you draw it off of real bodies and then switch to a different time frame then it could be that it's now off the wicks and vice versa... Just do what you feel comfortable with...
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FibbinArchie replied Nov 10, 2010any idea when it's likely to conclude? may as well take a nap at this rate...
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FibbinArchie replied Nov 10, 2010This range is rubbish, have we got some big numbers coming out this afternoon or something?
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FibbinArchie replied Nov 10, 2010Just like to offer an opinion Sisse and please don't take this the wrong way, but if you are waiting for confirmation then aren't you increasing the likelihood of drawdown? Your entry is that much further away from your stop and initial tp... Just ...
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FibbinArchie replied Nov 10, 2010Fib extension (can't remember details), retest of high and tick vol analysis for me, can't speak for anyone else...
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FibbinArchie replied Nov 10, 2010agree, but would prefer to see some more confluence for an entry, 50% fr of the little up swing is 780 and I have the channel line around 772 (will move up to 80 in next half hour to hour)
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FibbinArchie replied Nov 10, 2010hmm, well not significant gaping, but if it does not infringe the range of the previous up swing, as good as...
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FibbinArchie replied Nov 10, 2010need a good level, also just to be contrarian, if we get a new swing high in the 82x region, then it would show gaping between that and the previous swing low, which would be extremely bearish, and I would then expect to see this market get smashed, ...
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FibbinArchie replied Nov 10, 2010still looks like a rounded bottom on m15 to me, I'm inclined to long intraday...
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FibbinArchie replied Nov 10, 2010Lol sometimes they're the best, the more you look at the chart, the more you're inclined to over analyse...
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FibbinArchie replied Nov 10, 2010Agree, nothing is setting up currently, 75x long would have been a good entry...
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FibbinArchie replied Nov 10, 2010I wouldn't touch my broker's charts with a barge pole for this very reason, I use a 3rd party chart so I'll know if they screw with the quotes...
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FibbinArchie replied Nov 10, 2010Of course, by all means everyone should do their own thing and what suits...
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FibbinArchie replied Nov 10, 2010Hi SupremeChaos, by use of the term "mind set" I wasn't referring specifically to Malcolm... I was citing an extreme case in which someone would allow a trade to move against them...
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FibbinArchie replied Nov 10, 2010His trade had gone green, what is the reason to now take a loss on it? Cardinal sin in my book is to take a loss on a trade that has gone green, I really don't understand this 100 pip, 200 pip stop mind set...
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FibbinArchie replied Nov 10, 2010Careful with shorts, pulled back above the daily trend line...
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FibbinArchie replied Nov 9, 2010So cute it came back, lg 745 sl @ b/e, but too knackered to manage it, so I either make tp or get stopped at b/e, more likely the latter, good night...
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