.... and finally, a quick review of the EUR/USD: The EUR/USD pair is continuing in the scenario identified when it bounced from the support area at the 1.2990 on July 15th, 2013. This pair is now moving towards the second target of that setup. That ...

Key Concepts to Correct Trading Behavior - by FibStalker

Hello Traders, a quick review of the GBP/USD forex pair: The GBP/USD pair is now back in track and mimicking the EUR/USD pair. I think this pair is going to trade higher along with the Euro/Dollar, but this is only my opinion. My model of Program ...

Key Concepts to Correct Trading Behavior - by FibStalker

Hello traders, a quick review for the USD/CAD forex pair: In the morning I have prepared a chart (please see it on the blog link below) but have not have the time to share it. After moving higher into the all the way half way back at 1.0420 area ...

Key Concepts to Correct Trading Behavior - by FibStalker

Hello Traders, a quick review for the AUD/USD forex pair: The AUD/USD pair is in a counter trend trade driven mostly by Dollar weakness. While technically our model of Program Trading is looking for the 0.85 area of target, we could see price of AUD ...

Key Concepts to Correct Trading Behavior - by FibStalker

Hello all, a quick review for GOLD: Several scenarios are still open in GOLD futures and today it looks like the future is following scenario 1 (see below picture). Price found support at the 1,270 area while my model of Program Trading was ...

Key Concepts to Correct Trading Behavior - by FibStalker

Hello all, this is my quick update on S&P500 emini: I provide updates as often as I can. Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a ...

Key Concepts to Correct Trading Behavior - by FibStalker

Hello all, this is my weekly update for the USD/JPY: As explained in the last interview with Dale Pinkert in the Live Analysis Room on Tuesday August 6th 2013, when I reviewed this pair on the daily and weekly timeframe, if USD/JPY were to lose the ...

Key Concepts to Correct Trading Behavior - by FibStalker

Hello all, it is some time now I do not post a market review. In the following posts I will post a few of them. I like to blend the content of this thread, that was initiated to reflect around the Key Concepts for successful trading, with actual ...

Key Concepts to Correct Trading Behavior - by FibStalker

Hello Traders, you can find the recording of the interview with Dale Pinkert I had today August 6th on my blog: url In the interview I talked about the FibStalker method, explained the color code I use in my charts and examined in detail the ...

Key Concepts to Correct Trading Behavior - by FibStalker

Hello Traders, if you are interested you can find a video analysis and forecast for the forex pairs USD/JPY, EUR/JPY and GBP/JPY on my blog. Find it here: url ~FibStalker

Key Concepts to Correct Trading Behavior - by FibStalker

Hello Traders, I want to inform you that tomorrow Tuesday August 6th I will be interviewed again by Dale Pinkert. Dale is a great trader and analyst. With almost 40 years of experience, Dale got his start in the trading business as a runner on the ...

Key Concepts to Correct Trading Behavior - by FibStalker

Dear all, for those of you who read the first story published here: url , tonight I am going to continue with the second story. I personally know people who played the US stock markets in 1999 and 2000. One of them did not have a method but would ...

Key Concepts to Correct Trading Behavior - by FibStalker

Yes, that is an explanation. Keep observing it. Participation at widely known levels and areas of support or resistance like pivots, or important SMA/EMAs or known TA patterns and tools (e.g. trendlines) can affect a sequence on the smaller ...

Key Concepts to Correct Trading Behavior - by FibStalker

Hello P, I have been working with other traders who have observed these sequences since 2008, recognizing these patterns on all timeframes. Some of them have connections and asked why that happens, the answer was program trading. In the recent years ...

Key Concepts to Correct Trading Behavior - by FibStalker

Fair point Slim, and did not want to seem boasting about what I do. Please just put in the effort and start studying the information you find in my Blog: elitefive.wordpress.com then, if you wish, come back to me Hope this helps. Cheers G.

How do you know when the trend is over?

Interesting questions. 1)To me it ends when the sequence of measured moves on the target timeframe is interrupted, i.e. the next setup in the sequence fails (stop is hit). This works better for me when that happens against a strong level of support ...

How do you know when the trend is over?

Thanks P, this is why I called my Blog ELITE5 (with reference to the 5% of those who make it), before renaming it after Fibonacci Stalking, which is a timing technique I have derived (and my contribution to technical analysis). Please check my blog, ...

Key Concepts to Correct Trading Behavior - by FibStalker

Hello Puzzles, and welcome to the thread. Thank you for the smart observations. Yes in a certain measure I use this concept in my trading. I try to find an edge by modelling how Program Trading acts on price in different timeframes, which I like a ...

Key Concepts to Correct Trading Behavior - by FibStalker

Uh?

Key Concepts to Correct Trading Behavior - by FibStalker

Dear all, I want to pick it up from where I left it in mid of June. Apologies for this long wait but moving to another country always requires lots of stuff to do. In my last post I have published the Bandwagon Theory. I recommend you (re)read it if ...

Key Concepts to Correct Trading Behavior - by FibStalker