Mike Haran, Thanks for the reply but your post has nothing to do with the discussion, Fib reference in this thread refers to a mathematical progression of adding and subtracting from an open position optimizing profit. Not levels of ...

Technical Analysis Fallacy

GE, thanks. At 8cst, Oanda's tic(5 sec) charts show a spike from 9868 to 9816. Wondering if it's corrupt data, or blatant sweep?

Technical Analysis Fallacy

UK, In effect you're building an upside down pyramid for a brief time, you have two bell curves working simultaneously, one is the momentum of price the other is size of your account, ideally you want to match the bell curves, so the bulk of ...

Technical Analysis Fallacy

Outside of OANDA does anyone show a sweep below 9840 on Cad in the last few minutes?

Technical Analysis Fallacy

UK, The fib spiral gives so many variations for skipping levels and figuring rescues when needed. The spiral gives you the math with out having to figure actual $x.xx's of your position when you base you initial unit of entry. IMHO, FTI said that ...

Technical Analysis Fallacy

UK, Regardless of small skew, or large skew ( skewing is just a dynamic, non-rigid math formula of adding to or establishing your position) the mechanics still work the same, cover with partials to ensure profit for remainders.... you're trying to ...

Technical Analysis Fallacy

Quote of the week.

Technical Analysis Fallacy

Good post, +1

Technical Analysis Fallacy

SOMETIME? How about a lifetime? Jump up from the 5k range, put your life savings on the line, or your livelihood, kids college tuition....... now in those aspects, you wanna guess how many traders out there, that have traded for their profession for ...

Technical Analysis Fallacy

What was the end result, today's 132+/-?

Andrews Pitchfork (Median Line)

Over the course of the day the Dollar has weakened thus, $Y has pulled back, Cable has broken back above resistance, and Euro has accelerated north, all in concert with the Dollar skid. In your studies later today when finished trading, pull up a 5 ...

Technical Analysis Fallacy

Fullperson, 3k's are your barometer against the dollar, if there's something happening with the dollar then you would expect to see it unfold in concert against the 3. If there's something happening with the Pound, then you would see it effect your ...

Technical Analysis Fallacy

Fullperson, 3k's are a barometer (common denominator) gauged against the dollar, which is your trading base of the foursome, at least for purposes in this thread. 3k's show when things are abnormal, when caution should be applied, but also show you ...

Technical Analysis Fallacy

What about movement/distance and a following retracement between the ending/opening of sessions (London end/London open the next day), or volatile movements in the hour just prior or at the open of a session, or unusual movement immediately ...

Andrews Pitchfork (Median Line)

Nice charts.

Andrews Pitchfork (Median Line)

Euro Topping? — Possible scenarios given current view,fwiw Rally from here, looking for 1.4 or possible range setting up 3570/3770ish

Aux's Asylum

After a while you will notice that many brokers shade their spreads in the direction of the current momentum, specially if you are watching more than one feed, shades are an obvious and visual tell.

Technical Analysis Fallacy

Gann mysteriously noted that “The future is a repetition of the past". Some would say it's better stated as reflected in the past. Regards,

Andrews Pitchfork (Median Line)

Hard to do since the free forum was taken down at Marketgeometry.

Andrews Pitchfork (Median Line)

Fti, This passage has always been special to me in times trouble. Romans 8: 18-39 For I consider that the sufferings of this present time are not worth comparing with the glory that is to be revealed to us. For the creation waits with eager longing ...

Technical Analysis Fallacy