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FibbinArchie replied Oct 11, 2010Hey check it out, look where it's bounced, one of Sam Seiden's Demand Zones (highlighted). PS. this chart is missing around two hours of data from yesterday's open...
EURUSD
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FibbinArchie replied Oct 11, 2010I did a one day free workshop with them in St Albans about a year ago, wasn't overly impressed with the hard sell and the fact that some of their instructors are ex-students who seemed to have limited experience, Sam Evans was pretty good tho'..
EURUSD
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FibbinArchie replied Oct 11, 2010Well, after last night's severe volatility spike down, clearly designed to take out stops, it's been ranging 20 pips, just poked out of the bottom of that range and is now testing 195 as new resistance (former support), holding around that level for ...
EURUSD
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FibbinArchie replied Oct 11, 2010Same here, staying out of this non-directional, rangey crap, may get in on a spike if I see one... UJ trying to drift lower again...
EURUSD
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FibbinArchie replied Oct 11, 2010Support coming in at what was the upper channel line (R turned S), a break there would also give technical confirmation of a double top. Thin liquidity is the "fly in the ointment".
EURUSD
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FibbinArchie replied Oct 10, 2010Nasty little stop run there (it was on the cards given the low liq.), stopped @ 159, bought back in at 140
USD/JPY Discussion
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FibbinArchie replied Oct 10, 2010Very good advice, personally I'm in very short term, 50 to 100 pip pull back into Thursday's range to touch base with the top of the near term channel would be great, intervention and I'm taking the rest of the month off and going somewhere hot, but ...
USD/JPY Discussion
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FibbinArchie replied Oct 10, 2010
Same here, still swimming against the tide tho' & it is a gamble, but a calculated one, money management is key....USD/JPY Discussion
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FibbinArchie replied Oct 10, 2010God, last time I have Sambuca & lager, heads killing!
The political pressure within Japan to intervene must be intense... url USD/JPY Discussion
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FibbinArchie replied Oct 9, 2010This doesn't really answer your question, and it's just an opinion of which there are many, but I would say that it is highly unlikely to be allowed to slip below 79.95, given the current squawks coming out of BoJ & Gov't of Japan, however anything ...
USD/JPY Discussion
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FibbinArchie replied Oct 9, 2010They may just leave it to see (if it gets that far, which is looking likely if left unchecked), if it finds support by double bottoming at the 1995 low. It would probably already be there except for the initial intervention. Thinking very short-term ...
USD/JPY Discussion
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FibbinArchie replied Oct 9, 2010Same for USD, but that doesn't mean that BoJ aren't able to trade Sunday night GMT and they now pretty much have a green light for short-term intervention. Damn, I know I'm getting desperate, I'm looking at MACD & RSI bullish divergence on the H1 ...
USD/JPY Discussion
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FibbinArchie replied Oct 8, 2010Weak shorts getting squeezed... Top finally in? Correction back to 32 area to test lower channel line? Some nice retrace action on UJ, already regained 50% of today's range... Have a great wkend all, GL if you're holding..
EURUSD
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FibbinArchie replied Oct 8, 2010Uncertainty ahead of G7 this weekend, loads more fun & games in the offing...
EURUSD
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FibbinArchie replied Oct 8, 2010Spooky in the sense that it tells it like it is, there's so much deception in this business...
EURUSD