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    • FibbinArchie replied Oct 27, 2010

      I can envisage a retrace to 3888... Unless price can commit below 780, it has come down quite hard since yesterday without any meaningful retrace.. In fact, I'm no ew expert, but it looks like it needs to put in an ABC..

      EURUSD
    • FibbinArchie replied Oct 26, 2010

      forexlive.com Paul the Octopus cuts EUR/USD long, the hard way Paul’s EUR/USD long has gone into a hot fryer, along with Paul himself. Citi’s EUR long has apparently gone the same way, indicative of the market having second thoughts as it was unable ...

      EURUSD
    • FibbinArchie replied Oct 26, 2010

      What are your thoughts on trend direction? I have trend down on all sub 1 hour TFs, neutral on 1 hour and up on 4 hour and higher... Price currently resting at base of pennant on 1 hour TF...

      EURUSD
    • FibbinArchie replied Oct 25, 2010

      It's like martingale in roulette, I used to play a lot of roulette, until I learned all about probabilities when I started trading. It works in theory, but eventually you will get a long string of spins against your bet, the key is to have a cut of ...

      EURUSD