Bollinger Band Pinch & Fibonacci Extension... — Going back now to the final Dual Pinches on the 30 chart, and applying the Fibonacci Extension to the inner BB pinch......look how exacting the predicted exit levels can be.

THV system, final edition

You are right, it did not. But expand your chart and quite another possibility appears.....

EURUSD

You'll get no argument from me about logic applied to the forex market. In a general sense, and over the long haul, perhaps PA responds to logic. My point is that the day to day PA gymnastics is more driven by manipulations coming out of the trade ...

EURUSD

"Dual Pinches" means both BBs are pinching around the same time. The more defined the pinches and the more simultaneous, the better the results usually. I added a "-0.50" level to the built-in Fibonacci Extension tool. For a move up I first click on ...

THV system, final edition

That depends........whose truth would it be?

EURUSD

"I have no fundamental reason [for the market move] ..." In truth, they don't want to tell the truth.....that the fundamental reason the market moved the way it did was because it was set up and manipulated to move that way. That is the one ...

EURUSD

Well, Psiholog, as you well know, from my perspective there is a THIRD reason also. The Big Guns had already decided it was low enough for long enough, and there was enough confusion to make a hard drive north VERY profitable for ...

EURUSD

You demonstrate the essence of good Money Management, the willingness to close a trade when the PA is moving against you. For some, this is easy. But for most people, for some reason, it is very difficult and they keep such a trade going, and going, ...

EURUSD

Google it.

EURUSD

"....i expect a nice push up out of the range." My brother, you were correct! Folks, you gotta love psiholog's work.....chart analysis. So called "news", or the lack of it......price manipulation (or the lack of it)....Psiholog sticks to analyzing ...

EURUSD

Some answers posted......"Friday !", and ......"ECB intervention". How about this. The ONE consistent fundamental in forex is that the Big Guns need to make their pay.....every week! For this to happen, the PA must MOVE! And "news" is just fodder ...

EURUSD

The sounds of a man (yes, he is young) who doesn't fit society's molds, and has figured out already that they were made by none more capable of learning and suceeding than himself! So.......he is off to make a new mold, and apparently doing very ...

EURUSD

Psiholog, please correct me if I am wrong, but for a valid H & S, even an inverted one, the neckline must be reached on BOTH sides of the head (yes, minor variances excepted). In this case, the wild but brief trek north invalidated the formation by ...

EURUSD

Scripture: "...hold every thought captive for Christ...." That solves all the problems. Fear, worry, greed, lust, guilt...and all such are sins. And they begin with a thought, a thought immediately imprisoned (going nowhere) by the practicing ...

THV system, final edition

And "wedgies" go where......?

THV system, final edition

Good teaching, Sonic. Thanks.

Sonic R. System

By the looks of it, learningmarkets.com may be nothing more than a front for the Big Guns. They put out what they want others to start believing while placing their trades against it. Don't go for the minor head fake (up)....it won't last they say ...

THV system, final edition

For me anyway, all this confirms that the ONLY real and true fundamental in forex is that the Big Guns constantly manipulate pricing. They need to. After all, it is how they make their weekly pay! So, up or down, the only thing for certain is that ...

THV system, final edition

I like to see charts......rising trendline?.....pin bar....?......charts with notations. For me, anyway, it is the best way to absorb and learn from others. Would you like to post a chart on this?

THV system, final edition

I do not change settings. Well, once in a while I may apply the Fib. Ext. to the outer BB (std. BB) and sometimes when I do this I have found "after the fact" that a Deviation of 1.8, or 1.9 instead of the normal 2.0 would make the extension levels ...

THV system, final edition