Whats the concensus on the cause of the last spike?

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Still in a short from 4275 ages ago

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Fib number are amazing! — Don't you find it amazing that the recent 80 pip spike stopped at the fib 127% extension of the recent 15m 5 bar drop!!

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Its certainly a good patern to watch. Have you also looked at the 15 M flag pattern forming?

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Hi Komissar An observation on your chart. The bottom line of your triangle could be drawn anywhere. If you had drawn it earlier at the previous low you would now be saying that it has broken your triangle. Like most are saying, we need to see ...

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Hi Jack I joined the forum last week and still lots to learn. I saw you entered a long @ 14160. Great entry point but I am intrigued to know what was your technical reason for that action at that time

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Well I am out now for the weekend. It was great to trade with you all on my first day. I start at 6:00 a.m. UK time so I don't generally trade the later part of the US session Have a great weekend and will be back on Monday.

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You to Sofia and thanks for your guidance

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Don't trade this BUT I think a move is coming in the next 5-10 mins Just something to watch. Don't know which direction but watching some pressure building.

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Hi Infinity, Barny a new guy. If you are a candle man isn't it interesting that your charts shows the 3 candle pattern nicely. Whenever there is 3 black candles like the recent ones, the magic "3" signals further downside even though there may be a ...

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Good point about shorters and especially very short term scalpers. Must watch those round numbers. Here it was 14500 approx and confluence of 236 and 382 and smack on some short term MAs

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[quote=JammerJams;2537309]I know you are not asking me Barny..but there is a nice rule of thumb... Reply really appreciated JJ. Nice to chat! Great rules, just need a cooooool head like Sofia! - watching eagerly as in short from ...562 May take some ...

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Hi Sofia I'm new to this forum but have been watching for some days. Very impressed with your cool approach. Definitely think it is 80% the mind and 20% technique. I know you are a slightly longer term trader so generally what is your s/l tolerance ...

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Many thanks chaps. Thought there might be a FXFactory tool that did it. No worries, both your suggestion are OK

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Thanks for the welcome!!

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Can anyone tell me how I can get this forum threads to refresh automatically on my desktop. Currently I just go back one then forward to the latest

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[quote=ezodisy;2536936]my trading style is similar to eohater's who has a fantastic method which has helped everyone on this thread. Nice reply. Good detail. Similar Ma's. I use 32 & 64. Somethings that worried me as it retraced was 2 things: ...

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Hi ezodisy Just joined the forum and this is my first post. I'm guessing your trading style might be similar to mine. What was your reasoning behind your latest trade entry @ 4464?

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