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- Sooner replied Mar 17, 2010
Better than SL any day Given that it looks like we have settled into a 1.3727-17 range for the evening I am going to call it a night, good luck all.
- Sooner replied Mar 17, 2010
Pete if you have not already done so, a visit to babypips might be of some assistance to you. They have a very well laid out set of documents that explain some of the most basic concepts that can seem so arcane at first as well as help you ...
- Sooner replied Mar 17, 2010
I like to think of the PP's regardless of time frame as a traffic light. Sometimes price gets close, slows down then makes an abrupt 180 and goes the other way, however some other times it blows trough the PP as if it was not even there. So with ...
- Sooner replied Mar 17, 2010
I could be wrong here but it seems that most use DP's that are figured within an hour one way or another of GMT. As with anything market related, you could be looking at the right data but if the rest of the herd is not looking at the same data you ...
- Sooner replied Mar 17, 2010
To answer your question dp is the daily pivot point. Some other common terms you will see here are: TL = trend line S = Support R = Resistance So long as your grasp what those mean you should be able to follow along fairly well. Grasping their use ...
- Sooner replied Mar 11, 2010
I have to agree with Malcomb here, being confident is one thing but calling everyone girls and newbs.... what is this, the WOW forums? Get a life/girlfriend/job/valium or whatever else it might take to relax a little. Life is to short to freak out ...
- Sooner replied Mar 4, 2010
My sentiment is that tomorrow will be friday, over the evening hours half will say long, while the other half says short, and come about 8:30 AM EST, someone will be proven right .
- Sooner replied Feb 24, 2010
So assuming that the bottom falls out of EU sometime tonight or tomorrow, anyone got a pending long on USDCHF? I have some levels that I like but I would like to get another set of eyes on it.
- Sooner replied Feb 24, 2010
Asian power — Looks like the Asian session might push us out of the tight range I figured we had settled into for the night, probably needs to break down below the 1.351-1.350 area though. On the bright side there is more movement in the last ...
- Sooner replied Feb 24, 2010
Just a personal opinion here but I believe they hold more weight in the larger time frames. When looking at weekly or monthly candles which match the patterns they can sometimes give an indication of what MIGHT happen, however I can flip a coin and ...
- Sooner replied Feb 23, 2010
Gator, you forgot to convert that phrase to Chinese.... 您希望在超大订单
- Sooner replied Feb 23, 2010
I don't see much support from here until we hit 1.3486 or so, are your charts telling you something different? Volume is low right now so if you are just looking at PA for support, then I believe what you are seeing is simply low volume.
- Sooner replied Feb 23, 2010
Managed to catch the little move north for a very fast scalp as it had tested the 1.3533 mark a number of times and bounced off. Got in at 1.3535 and out at 1.3540, assuming that it makes it back to the pivot at about 1.3569 I will look to go short ...
- Sooner replied Feb 22, 2010
Bounced off on that last attempt, probably won't see anything major until London opens but when we do see a direction it is likely to be violent.
- Sooner replied Feb 22, 2010
Well looking at it realistically, most of the major countries are either well on their way to being insolvent or already there, about the only major player who is not is China. They are however very likely to suffer the same fate that the USSR did ...
- Sooner replied Feb 19, 2010
I have daily resistance at 1.3604 so I would be careful at that point. It should go up slowly and naturally to that level but there might be some short sitting there to push it back down a bit.
- Sooner replied Feb 19, 2010
Crazy Friday — Ok so after lurking here for a long time now I figured I would join the fray and ask a question instead of soaking up the information like as sponge as I have done in the past. Considering we are at the end of the week, and it ...
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