My point was that any quoted price by a broker represents an executable offer that's in the interest of the broker to fill, while your broker may quote you x.xxxx on a pair in actuality the interbank market is offering a multitude of quotes (varying ...

Fibonacci Indicator? Is it a big Joke?

Fib levels are measurements traders use derived from past historical data, much like pivots, or targeting measurements like doubling ranges, or H&S patterns from the neckline. The problem with trying to equate Fib or any measure into exact ...

Fibonacci Indicator? Is it a big Joke?

5th wave is the last of the impulse wave. If up.... 1 up, 2 down, 3 up, 4 down 5 up. You can also have a running "B" correction where the following down 3 wave correction would have the 2nd or "B" wave making another high. fwiw

XAU/USD Spot Gold

To trade properly and profitably, one must view the market objectively. All is fine and dandy while you are trading inside your "comfort zone". Your normal risk parameters and appetite. But go outside your comfort level, increase your size or find ...

What's up with trading psychology?

Silver and Gold — Modified Schiff possible double top on Gold Silver approaching upper channel w/6.5 square

Andrews Pitchfork (Median Line)

Euro posibilities — Profit taking shorts from the range tops or channel tops.

Andrews Pitchfork (Median Line)

A similar approach would be to use the mid point of prior days range, don't go long below or short above.

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