Recent content by donperry

Wow, a thread filled with BS. I'm gonna post something that i want NONE of you folks to ever forget in your life of trading "The only reason trendlines, fibo, sup/res works, is because other traders are watching them" in other words, market psychology. And no, a trend does not...

I must say that fibo's do work and they work well. I agree that there are too many fib levels but i only trade 382 and 618. (forget 50) But just like trendlines, the only reason fibo works is because of market psychology. A Bunch of traders watching a certain fib Level and trading it...

it has already began

danger66, u can always go between the spread with a limit order

i've seen 0 spread on HSPFXI...regularly.

around 5 pips

i'm guessing the interest rate statement was not what everyone was expecting. talking specifically to the detailed report of the rate decision

I scalp hotspotfxi by simply looking on the heavir side of the market. take EUR.USD....if the bids are like 400Mio total with the nearest one to price in the 40mio, and the offer is like 30 mio and nearest one like 6 or so....i will take a long position immediately....market always seems...