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    • Scrat replied Aug 5, 2007

      i know it doesn't make any sense at first. fibonacci doesn't make any sense either but works like a charm. just look at my chart and how price behaves around those dotted lines... i find it amazing. alright, i gotta go back to work. good luck see ...

      Plutonite's Trading Manual
    • Scrat replied Aug 5, 2007

      thank you! thank you very much. actually, the "scrat" line is a LINEAR REGRESSION. do they know that, P.? p.s. i have attached a screenshot with my last trade on g-u. short @ 2.0615, sl @ 2.0650, closed @ 2.0221. bearish divergence, failure swing, ...

      Plutonite's Trading Manual
    • Scrat replied Jul 28, 2007

      i hope everyone enjoyed the ride. right now we're at 38.2 fibo retracement from the last run between 221.07 and 251.08. there's still room down to 50% retracement but this one would be tested later. by the way... july 20th was one of the days marked ...

      Daily GBP/JPY analysis
    • Scrat replied Jul 17, 2007

      i think this pair spends much more time correcting than trending ... see for yourself: previous highs (1.9028 / 9129 / 9848 / 0131) reached during 4-6 bullish weeks were followed by a "correction" period (or retracement or whatever...) of about 10 ...

      Cable Update (GBPUSD)
    • Scrat replied Jul 15, 2007

      possible downtrend — right now i'm looking at the weekly chart. it looks like the uptrend has been stopped with another spinning top, 3 weeks ago. last week ended almost as a doji; this week opened BELOW last week's close. time to think at a ...

      Daily GBP/JPY analysis
    • Scrat replied Jul 6, 2007

      i know . the simpler we keep it, the more profitable it can get. but the market IS changing: i feel it in the water, i feel it in the earth... i think price action is the best thing we can use to trade, along with moving averages and one indicator ...

      Plutonite's Trading Manual
    • Scrat replied Jul 6, 2007

      actually i'm still in san diego, i got two more weeks to go. so far it's not so great... the project, i mean. but the weather is just unbelievable!!! i can still watch the market, but the internet connection here is lousy and i hate to trade when ...

      Plutonite's Trading Manual