whether the FIBS work are based on an illogical base or not, they still provide areas where the market will probably reverse or something. So use them 223% expansion is particularly a great one.

Why do people use Fibonacci in trading?

long on this move based on PA only image

Cable Update (GBPUSD)

Double top? either way am short on this formation for the short term image

EURUSD

still on a narrow 70 pips intraday range much typical of the monday after all the news

EurAnalysis

Target was reached on the same day before the news. Now lets see how it plays out this week.

Ichimoku Technical Sessions 2013

Saw this move that we learn't in class; 1) Impulsive move reversing a bearish move. 11) Corrective move as a consolidation 111) Resumption of the impulsive move after the consolidation How I love seeing such! image

Price Action, Pro, And Ichi Trading with 2ndskiesforex

The market instead had an impulsive move up followed by a corrective move now in a narrow intraday range for the larger part of Friday morning. Waiting to make nextweek's strategies after 12:30pm GMT announcements.

Price Action, Pro, And Ichi Trading with 2ndskiesforex

quite an impulsive move over the big heads chants yesterday followed by a consolidation over the night. expecting a break to either side considering NFP is still coming later. image

Cable Update (GBPUSD)

Who else got this on their display???

EURUSD

A nice corrective move accelerated by the fundamental effect on order flow even more clearer on H4. Will start looking for the shorts after Bernanke's talk. image

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Watching the conference interview and Draghi seems to be running out of ideas to handle the euro zone's economy.. Horrible numbers from unemployment claims and a reaction to the downside for the pair. The ECB on Cyprus: Bail out actions were not ...

EURUSD

Are you trying to get your fingers burned?

Cable Update (GBPUSD)

Target II reached and 93 pips home and dry. I should be for the day.

Cable Update (GBPUSD)

but u gotta admit, I got the bragging right here

Ichimoku Technical Sessions 2013

How about that? Correct prediction? Yes

Ichimoku Technical Sessions 2013

All the way down, waiting to see whether 1.5075 will be held

Cable Update (GBPUSD)

Ummmmh I am quite bearish on this major today.

Trading EURUSD only

After the BOJ gave us the first stimulant of the day. Am hanging onto my short on the cable with all the three targets expected to be achieved by end of tomorrow. This just feels like breakfast on a festive day. image

Cable Update (GBPUSD)

going long if 1.5174 is broken Well short if the mkt bounces off this 1.5135 level Waiting for either trade.

Cable Update (GBPUSD)

this too is a possibility. image

Ichimoku Technical Sessions 2013