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You just gave yourself away by your response. You must not have a job.

Go get a job.

Because I posted this thread to talk to people that care to share any knowledge or experience and I wanted to totally ignore naysayers. Unfortunately thats all that there Go get a job.

If you think the market is too random to profit why are you and the couple of others on this thread even here? Why do you occupy this forum? go get a job in real life then and stop coming here.

What does this have to do with technical analysis?

I thought this forum was full of mature knowledgeable intelligent people. I guess the fxfactory crowd is also congregating on this forum guess I'll have to find others now.

get lost.

Any traders traders wanna join the discussion? feel free

To any experts around here, I'm really just quite interested in learning and knowing any experience and observations between certain 1.618 retracements and extensions. Not really interested in the other fib levels between 0 to under 1.618 or over 1.618 (although there will always probably be...

why did you even bother replying? I said to experts and enthusiasts only.

Can anyone here divulge and tell me the relationship between the 1.618 fibonacci extension and with certain elliott wave patterns and which you prefer to use it in conjunction with? I'm also not talking about everything being divisible by or into 1.618 and extending and all these other scenarios...

I realize that it's not being done unto me specifically. I do realize that I'm not trading enough to move the market. I'm saying that its moved on purpose in what it does to break levels..and as you said taking money from each other is part of it

could you post an example please of this

Basically this is the problem. The only trends that continue on are ones where no strict stop loss can be placed anywhere near by because the move is already extended so far from any previous major s/r level. thats the problem.

but theres also many failed breakouts too...

So what I should do then is place pending buy and sell stops right at the bottoms and tops of levels and pinbars because thats where most peoples stop losses should be?

look no further than eurusd today to open euro session... you're telling me that random and sudden sharp selloff and retreat back wasnt done on purpose?

true. but still banks are the only ones that can move the market as much as it does. its only them moving it.

haha yeah thats about right.

okay one more question then if you dont mind. what do you do or look for when a deep pullback is happening even if you're trading with the trend and when it will stop perhaps?