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FibbinArchie replied Oct 21, 2010You must be looking at a different chart, I can see a 35 pip trading range...
Admittedly I haven't taken anything for about half an hour now...EURUSD
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FibbinArchie replied Oct 21, 2010Another range almost identical to the one after Lon close yesterday except about 50 pips higher... I'm just scalping, I can't see any clear direction here...
EURUSD
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FibbinArchie replied Oct 20, 2010cool...
Well I know what I'm looking for tonight and if I don't see it then no trade...EURUSD
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FibbinArchie replied Oct 20, 2010Hmmm, I'd say it was a probability judgement call, confluence, patterns, etc. etc. etc.
EURUSD
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FibbinArchie replied Oct 20, 2010I dunno, that resistance looks pretty solid, still I guess support and resistance gets broken all the time, otherwise markets wouldn't move anywhere. Will be pretty surprised if it does mind...
EURUSD
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FibbinArchie replied Oct 20, 2010Welcome, it's a decent site, if you weren't already aware...
EURUSD
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FibbinArchie replied Oct 20, 2010Yep, can make for good entries, if you're careful and employ good MM
EURUSD
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FibbinArchie replied Oct 20, 2010You'd have to ask these guys www.forexlive.com, I just take them at face value which is perhaps questionable, although to me it would be a fairly obvious place to find retail stops... Ps. apologies for not originally naming source of quote...
EURUSD
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FibbinArchie replied Oct 20, 2010Interesting little range play since NY close, have looked on multiple time frames and tick volume is definitely stronger on the down bars. ASSUMING this is indicating distribution, I wouldn't rule out the possibility of a stop catching spike prior ...
EURUSD
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FibbinArchie replied Oct 20, 2010I'm thinking if south next, there's a whole bunch of stops not more than 50 pips away, I would have thought standard procedure would be to shake them out first, but who knows... All quiet on the Western Front... for now...
EURUSD
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FibbinArchie replied Oct 20, 2010Forexlive.com - We’re presently at 1.3845 having been as high as 1.3851 so far, the euro bulls finally finding stops through 1.3830. It wasn’t a straight forward process it has to be said. Next hurdle for euro bulls is 1.3860, where reports have ...
EURUSD