what a fucking day

some support at PP, if pp break, it is going further down, looking for confirmation

cable has given a signal it is heading south

which MA is it in the middle

I'm day trading, just close around PP

what does that mean? I just short at R1 with some gains, waiting for more pullback

any fundamental reason?

The sudden drop of the Euro after the German Parliament approves the EFSF leverage once again confirms my bearish view on the Euro. This sudden pullback let the Euro drops 180 pips against the dollar within 45 minutes and similar situation happens ...

Can someone explain to me why after the sharp rise (German Parliament pass the EFSF) there is a sudden pull back?

I'm not doing any trade today

Clearly big boys are manipulating the market and deliberately pull up the market in order to sell it

what happened just now

There is something wrong the it's calculation of PP, the new PP should come on 5pm ET, and in MT4 it seems to be 0:00 on its server time and you can't change the server time. So the MT4 pp is always a few pips lagging

which platform you are using?

anyone knows the fastest news source of forex (besides bloomberg,cnbc), I find the news from VT trader very helpful, keep me updated

my MT4 is pointing at 1.3726 while VT trader is 1.3735, problem with MT4 is that you can't change the time frame so it will always be there. You can change the closing time with VT, and I set it at 5:00PM ET.

I think the first file is a few hours lagging behind.

just check if my pivot point works correctly — Can anyone confirm the the pivot point for 13th Oct is 1.3735?

little confused with the PP timezone — I suppose we use 5:00PM ET for the pivot point right? Based on Mike's indicator on MT4, it seems not the case. I don't know if that has something to do with my timezone, I live in GTM+1 (amsterdam time). ...

Has anyone bought his book, I think his trading system really works