Pretty much insterested in FX fish indi!!care to share??
sonic
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedOn the other hand, reading the chart isn't always easy, and one person's interpretation can\will differ wildly from anothers'. If chart interpretations were easy, then we would all be rich. Most of us can read the same chart and find trends in about 3 different directions at once, depending on where we look.
I love support and resistance points - especially those shown by fib retracements and the weekly\monthly pivots. Time and again, these turn out to be accurate. Yet, I merely pull a fib over a decent-looking swing and allow my decisions to be swayed by the weekly\monthly pivots.
So, which comes first?
Do the fib levels become self-fulfilling prophesies as umpteen other traders come to the same conclusions and buy\sell according to them?
Or do umpteen traders come to the same conclusions at exactly the same point in time and create those s\r points that my fibs coincidentally highlight?
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DislikedIf everybody lived by that rule, 98% of the posts on this forum wouldn't exist.Ignored
DislikedProbably there will be a gap for EURUSD on the market opening because of the Lisbon Treaty rejection but on Monday we may see an up trend if there will be a high (Core) CPI reading because of Euro interest rate hike perspectives. And I guess there will be a retracement since Stochastic is near of 20 level on the daily chart.Ignored
DislikedPossible price action for the week:
1.5380 to 1.5220 ---> then 1.5550Ignored
DislikedHi all.
WINSOME, how is it, or is it?, possible to get a piece of that +56 dictated by the futures. We are able to know where the price will go, but unable to "jump on".
Is there not a way to position for the known move up to the 1.5400s just before the open?Ignored