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Myo replied Jul 27, 2012mercy_seat, could you trade without a chart and still make money? If so, would you consider it as an option for the adept retailer, as long as he has his levels right?
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Myo replied Jul 26, 2012You need to contribute more (!) to this thread. Your insight is greatly appreciated by the most of us, I assume.
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Myo replied Jul 26, 2012Shhh. Applying fibs to the x-axis of your chart is a well kept industry secret.

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Myo replied Jul 26, 2012It seems that Asia crossed the 23.6% fib (taken from ydays low-high) to the downside in a "decisive manner". I´m eyeing the DPP-zone as the next target.
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Myo replied Jul 26, 2012Mercy_seat: As a rule of thumb, the longer price stalls around a significant level (like we see at the DPP right now), the more likely that level will get taken out. Would you consider this statement true, false, or "depends on the ...
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Myo replied Jul 26, 2012Mercy seat, considering a situation like this (yesterday´s strong bullish move in a downtrend), should one consider a break of yesterday´s high shortly after the London open as particularly significant for the day´s direction? (I don´t know if this ...
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Myo replied Jul 25, 2012With yesterday´s PA, I´m pretty much sidelined right now. I would love to sell the 4H channel top, I would love to sell the break and retest of the daily pivot - not before London though. If this month closes decidedly above 1.2133, AND breaks the ...
EURUSD