Hi, Fibonacci numbers model market behavior quite accurately. However static systems such fibonacci retracements (and pivot points) have their...
I'm not sure I can do the tabulations on ET. Without them, it is not obvious how I arrived at the key fib level. Regards Morty
I have put up some of my intra-day trades at <ul>http://www.powdercellar.com/morty/</ul> Best regards Morty
Hi, You can get at least 12 hours of 1 minute data for any date going back many years (depending on currency). Go into GTS charting (FXSol)...
Try an FX Solutions demo account. You can get 1 min charts going back years. Best regards Morty
OK that's enough... I'm going to play online poker. Catch you later Morty
Day after day of thin volumes on the future exchanges in August. Probably the same in Spot (but you can't measure it). If they ain't on vacation,...
Difficult to say for Euro - lack of data. 'Seasonal' probably a bit strong. There is little doubt that the return of traders from vacation and...
One contributory factor is the thin volumes we've seen over the last two weeks. I'm looking forward to September when the big boys are back at...
Hi, I can't predict the future anymore than you can! Providing there isn't an overshoot somewhere around 1.71 is the most likely. I accept...
Thanks. There is a possibility Cable may drop another 500 to 700 pips before it reverses. The difference between long and short commercial...
I would wait until the commercial traders have built up a sizable long position in future contracts. See...
I agree, I traded the Euro up to the figure this morning.
Most volatile Euro period = 8 to 9 ET: This is mainly due to data releases. The news embargo is most often lifted at 08:30 ET. The better...
50/50 .... because the coin doesn't 'know' there has been 5 heads before. But what do I know!? Best wishes Morty
Thanks, I didn't know that. Perhaps someone needs to write the sequel to the first book! I just checked on Amazon and couldn't find any new...
Hi, I have been following this thread from the beginning and it has thrown up a huge diversity of opinion. I am sure market moves are very...
I had a bit of fun with the 5,000 to 100,000 puzzle. Treating it as such - a puzzle. High leverage is a retail phenomenon. Professionals would...
I have an answer using a Forex example and compounding. For this to work, the initial trade must generate a profit approximately equal to the...
Hi, The downside stops you doing this quickly. It is possible to leverage to the hilt (400:1) and make this profit in short order but..........
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