LOL, I can see it. "Ballstothewall". Awesome. I'll subscribe.

EURUSD

Cool, so I'm not the only one that will avoid this tf.

EURUSD

I see, thanks for taking the time to explain. Appreciate it.

EURUSD

Interesting. I got away from forex.com and moved to oanda, spreads are still high though.

EURUSD

Similarly, I entered a trade just before the last hour and of course, the pair is now ranging. Mental note: do not enter trades after 3pm.

EURUSD

Is a true ECN broker any different? I don't have experience with one.

EURUSD

From that attachment: "At 5 pm EST, the high/low are reset. The price comes in, and the market makers make a quick push up, 15-255 pips. They make a quick pull back down, and then go sideways. They push it again 15-25 pips. Why would they do this? ...

EURUSD

Nevermind, found an answer to my own question in this attachment. file

EURUSD

Why is it that my broker widens the spread at this time? Are they trying to temporarily reverse the pair? I spoke to them about these before but they claimed it was due to low liquidity, yet; the levels are near the same as I see throughout the day.

EURUSD

Erebus, thank you very much.

Sonic R. System

Hello Erebus, Would you mind sharing what ADR indicator you use? I have been looking from something that is simple like the one you on your chart. Thanks in advance.

Sonic R. System

Anyone see this about FXCM? url

EURUSD

Oh I see, thanks for the explanation.

EURUSD

KzX, When you say block pattern, are you referring to these two daily bars? image

EURUSD

Thanks Dano.

EURUSD

Not to worry, I'd like to understand your style of trading if you're willing to share. Let me know. Thanks again.

EURUSD

That hourly looks exhausted. Perhaps 460 will help?

EURUSD

Hey Matt, First off, love the chart. Looks like your H4 has a better forecast than my D1. Do you normally plot harmonics on H4 charts?

EURUSD

BC can be a ratio of 1 to AB and in valid, although rare, i.e. double top/bottom. BC shouldn't extend beyond a ratio of AB, or 1. Thus D must extend beyond B. While ratio that approach 1 are not invalid, the risk is higher. I'm sure you are already ...

EURUSD

Ken, What fib ratio should be in place of 1.272? Perhaps 61.8? I based it off the ABCD pattern below. Thanks again. Daily EDIT: Just revised my math, I see upside of 1.088X. Thanks again dude. image

EURUSD