I´m sorry but this is hilarious.

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You have to tell me how that works (no criminal intention)!

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Yeah, mine too. But somebody on here (very knowledgeable, I suppose) said, that important levels always get tested twice. Let´s hope he´s right.

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Say, why did you paint over the ticket numbers of your orders? I see a lot of people here doing that.

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My experience with spikes like these is, that, more often than not, they tend to mess up PA for the remainder of the day. Would you agree?

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Well, it formed something like a triple bottom on M5 just above MS1. Maybe that was it?

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This didn´t show up on my newsfeed up until 09:04. What source do you use for news?

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I don´t believe that this is a purely news-related spike. 1.) Nowotny isn´t important enough. 2.) Statement is too vague.

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lolwut

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why?

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Looking to sell in the yellow zone (where else?), favorably after a swift touch of the gap.

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Since that nasty gap down on sunday, neither London, NY or Asia have managed to push price back above the 50% fib (taken from the historical high and low) and keep it there for a significant period of time. In my eyes, that leaves us with a strong ...

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Didn´t you say once that no serious trader in this business would trade after London close? Just asking.

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rejected at the 50%-fib (taken off london high-low). short from here. edit: s/o again. what a treat.

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Thanks for the detailed explanation. Question: You employ pretty "unusual" Fib-values (-52,7%, 11,8%, 92,0%...) in your trading strategy but disregard mid-pivots. Why is that?

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mercy_seat, Your say that "1.2130 - 1.2107 might be tested." Where does 1.2130 come from? I can´t find it in your table.

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instead of trying to pick an exact top.. edit: yeah, you too.

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I see, I see......interesting. thx.

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OK.....so.....price made a new high on the M5 and still you decided to sell? Sorry, I don´t get it at all.

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