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pipmutt replied Aug 8, 2010Thanks ST, initially it was but it led to something else unfortunately!
How are you deciding where to enter, where to place your stop, and where to have your target? Why not post a chart of a typical trade, complete with stops and targets, ...Fibonacci lines - Please explain it
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pipmutt replied Aug 8, 2010I think you miss the essence of the 'stop hunting with the big players' strategy slightly. It's based on the premise that the majority of forex traders invariably use stops. What leverage they use is immaterial to a certain extent. Are you saying ...
Beat brokers at their own game - trading round figures
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pipmutt replied Aug 7, 2010You're right, it's farcical, and tedious! This is pretty simple. You posted a chart with Fibonacci levels drawn upside down, a 38.2% level market out, and an arrow. I quite politely asked their significance. You asked if it was so hard to understand ...
Fibonacci lines - Please explain it
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pipmutt replied Aug 7, 2010It's of little consequence to us whether orders existed at those levels or not, and as I already said we will never know so it's not going to help very much with your unfalsified or falsified hypotheses dilemma. You are entitled to your opinion ...
Beat brokers at their own game - trading round figures
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pipmutt replied Aug 7, 2010Doesn't answer the question though does it, grandma.
If it was a mistake then why not just say so, it's really no big deal, I made light of it because I was under the impression you knew what you meant, now I'm not so sure. It wasn't my intention ...Fibonacci lines - Please explain it
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pipmutt replied Aug 7, 2010It wasn't meant as a hypothesis or anything else, we can't possibly know what orders were clustered there or if indeed there were any. There are so many possibilities it would be slightly pointless trying to speculate, in any event we're unlikely to ...
Beat brokers at their own game - trading round figures
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pipmutt replied Aug 7, 2010Well it could certainly be confusing to someone unfamiliar with Fibonacci levels, someone like the OP who you were trying to explain it to. In a general chat context, with others familiar with Fibs, it wouldn't be so much of an issue, but this is ...
Fibonacci lines - Please explain it
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pipmutt replied Aug 7, 2010How can we know that, 1.32 may have been strongly defended for other reasons, 'they' may have tried and failed or just probed for stops. The market looks pretty flat anyway, all waiting for NFP I expect.
Beat brokers at their own game - trading round figures
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pipmutt replied Aug 7, 2010lol, that's the nature of the game I guess, bluff and double bluff! Ok we'll scrap the idea, wouldn't want you to get fired!
Now you're talking! Who knows, maybe that's Hotstorm's next innovative trading idea!Let's move the market!
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pipmutt replied Aug 7, 2010Right, 2 charts with retracements and a curve ball extension chart just to keep him on his toes, ok
Doesn't really explain the green arrow pointing at the 38.2% level (whatever that 38.2% is 38.2% of or represents we're not sure, looks like you ...Fibonacci lines - Please explain it
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pipmutt replied Aug 7, 2010It's alright, you're excused, it's the weekend!
In your chart example 3 (copied below) your low point is marked 0%, high 100%, and retracement 38.2%. It's upside down, 100% needs to be at the low point (ie 100% retracement), 0% at the high point ...Fibonacci lines - Please explain it
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pipmutt replied Aug 7, 2010On the first chart there were retracements before the arrow, same on the second chart, and on the third chart you've drawn it upside down, your 0% is at the bottom (unless you intended to draw an extension as opposed to a retracement?), it could be ...
Fibonacci lines - Please explain it
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pipmutt replied Aug 7, 2010Hey no problem, Bubba will look after you.
We can do it covertly though, no-one reads these forums, it will be our little insider secret....
50/50 split?Let's move the market!
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pipmutt replied Aug 7, 2010Cool, so you'll give us a shout when you've got a big order, right?

Let's move the market!
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pipmutt replied Aug 7, 2010Ah right, no neither do I. Well I'm glad we've cleared that up!
hehe, ya gotta luv this thread! 
Let's move the market!
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pipmutt replied Aug 7, 2010I'm not sure that's right is it, what about spread?
Market Random and Predictable Parts
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pipmutt replied Aug 6, 2010Seems like you're both saying the same thing, no? -
Let's move the market!
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pipmutt replied Aug 6, 2010No-one said there was, it's just some ideas aren't based on anything remotely logical!
Let's move the market!
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pipmutt replied Aug 6, 2010Yeah I think that was a mistake on the OP's part, I don't think he meant 'brokers' as in FXCM, GFT, Oanda etc etc We can't say, no-one can. Different levels are probed for sure, including round numbers. Price action around these levels would suggest ...
Beat brokers at their own game - trading round figures