There are different ways one can draw fibs, with that said, you could populate your entire chart with fibs until it's black. Personally I don't think they work. There is an article on the net, (dont have bookmark handy) that does pretty good ...

Why do people use Fibonacci in trading?

It's not going to rocket anywhere, all the big moves are over i think. It's going to cool down for the next 4-8 hours

EURUSD

where is your stop?

EURUSD

why?

EURUSD

daily candle is so close to turning back green

EURUSD

eh, just another day in the markets. Damn you forex!

EURUSD

The cost of scalping 1min will eat you alive unless you can push over 50mil in volume don't even think about it.

Forex scalping in 1 min time frame?

IDK, failed to close above previous day high on h1..., ill still look for shorts...

EURUSD

I was short, but got lucky enough to get filled at BE

EURUSD

Well, that puts a whole new perspective on things...

EURUSD

Im short from 2928, hope whatever trichet says i can weather it.

EURUSD

They are probably going to announce that they are raising commissions to double what they are right now in order to compensate for losses after leverage reduction. If not on 25th then sometime in near future im guessing... good luck.

MB Trading Futures - Introduction

I think as it moves right now test of 1.3358 is very possible.

EURUSD

I'd be looking to cover at that level, if you think it's gonna get there, why not short it somewhere today?

EURUSD

I don't scalp because too much goes into slippage and commissions that way. It's cheaper for me to go longer term. Who knows maybe when i grow my account my broker will reduce my costs, but that few years down the road.

Do you prefer scalping instead of long term? if yes with how much you want to start?

I want to buy, but I want it to close the gap first.

EURUSD

Anyone else having login problems? I called to make sure I don;t have open orders, but forgot to ask what just happened that I cant login.

MB Trading Futures - Introduction

Oh, i get it, you're in red, i thought you were short 1.36, not 35, lol. sry.

EURUSD

Then it will be foolish to enter short anywhere below current week low.

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