News does not move markets. It only plays on the human perception of value. Chart patterns and news are basically one in the same, they do the same thing to the mind of the trader. It's pretty easy to track game in the snow, just follow the stupid ...

What have I Discovered!?

Daily PA

EURUSD

Risky — You longs could get a few pips at this point but seriously, be careful! Bear flag on 4hr RSI. I think we might see some consolidation, and then more dumping.

EURUSD

Maybe — But why?

EURUSD

Pin bar — It will be interesting to see if this Pinocchio nose remains intact on the 1 hour.

EURUSD

thats good — Would you longs add some more lots?

EURUSD

Careful longs — unless this thing really spikes in the next few minutes, you bulls are dead. I love steak. Kidding... Tell me you guys are on demos or only going for a few pips.

EURUSD

lol — I hope you're not long my friend. If this current 1hour bar closes as the severe pin bar that is developing, the down trend will be quite decided and confirmed.

EURUSD

Watch the hearing live — url Here you kids go

EURUSD

Beyond comprehension — You make a good point. There really is no logic, or recipe for reviving our economy. The only thing the US can do is work to make people believe we are the best investment. Right now we are basically screaming "Invest in ...

EURUSD

Good Morning — Hello everyone, top of the morning to you. This beast needs to make it down to 1.2325 and it's been lolly-gagging long enough. We had a close below the extreme low a few candles back. This is a strong sign of continuation. If ...

EURUSD

A Thought — I saw this and I loved it. Does it apply to the discussion? Ehh "The Pieces of green paper have value because everybody thinks they have value." -Milton Friedman This quote is so simple and represents common sense, yet very ...

How did you manage your windfall?

Hello — To my knowledge, the fib retracement tool in MT4 only extends into the future and not the past. To extend into the future, make sure you have the ray setting checked in your fib properties. You can however use the fib channel tool to ...

Extend Fib Lines to the left on Metatrader

Hey Guys — That news surprises me. I thought ODL did pretty well. I use Oanda to place my trades. The spread is always great, 1.2-1.5 on EU. I then use a demo from Broco to do my charting on MT4. All their emails are in Russian and I have no ...

ODL is Closing US operations

Hey Alex — Hey man...Thanks for the update. So we are starting the week in a short bias, regarding EUR. I suppose we'll wait to see a bounce off of one of last weeks highs. My fibs are in agreement for more shorts. We'll see what happens. ...

Principles of market movements

Alright Pal — Does anybody else smell spam?

Why Fibonacci Retracements are Bullocks

Hey Jack...You sound like you have your mind made up, or maybe more frozen up. You made big blanket statements and assumptions but backed up none of them with evidence. You made no attempt to understand what I presented. So I guess all we can do ...

Why Fibonacci Retracements are Bullocks

Good — I am sure it already exists...I just need to find it.

TA self fullfilled prophecies... what a joke.

Plutonite or Tdion — I have a question for you computer gurus...Is it possible to program a diagonal line that when hit by price would open and or close an order? Thanks a bundle, Scotty B

TA self fullfilled prophecies... what a joke.

Hello — Yes, but I don't trade them. The truth is, there are several different ways to trade fibs. To each man his own.

Why Fibonacci Retracements are Bullocks