Daily Forex Trading

[achooblessyou]

So, anyway...fibs. Do they actually work?

.DE30.H1absolutelyperfect50-bounce10thmay18crop.png

I've started using the 50% and 61.8% fibs exclusively to gauge the "equilibrium" of price compared to the last move

[achooblessyou]

watching EG for a 123, UJ for HOLO

[achooblessyou]

annnnd EG happened in an instant probably new related with how fast it happened and how the spreads jumped. tried closing at .88000 got filled at .88060

EGquickSPIKE123-5-10-18.png (30.79 KiB) Viewed 2390 times

and H1

EGquickSPIKEh1123-5-10-18.png (34.17 KiB) Viewed 2390 times

[achooblessyou]

"Bank of England's Carney says he expects an interest rate rise this year, if there are no shocks to the economy: BBC" ahhh

[achooblessyou]

actually had a small short placed on GU at 1.35000 for a retest trade, but I closed it for a small loss when I saw what was happening

[LeMercenaire]

Had to head out for a while, so you had all that action to yourself. Glad you didn't take your eye out on that spike

[achooblessyou]

UJ holo possibility

[LeMercenaire]

UJ holo possibility

Did it come in?

[achooblessyou]

UJ holo possibility

Did it come in?

nope touched the open but bounced back down. looks like its trying for a new low right now... we will see

[achooblessyou]

UJ holo possibility

Did it come in?

nope touched the open but bounced back down. looks like its trying for a new low right now... we will see

as in its inside the "WZ" area but it has come back through