fib. expansion and retrace in forex

[shopster]

.86 retrace one legger

back 2 the money

duble t under the money to the 5.7

s

 

[athan00]

Quote from shopster:

12-24-11 11:07 AM

On the other hand if I would act as a retail trader (I suppose that I may would ) I would have place my pending orders on 4.2fib.

...................................

as you are getting short at the low of the session, what am i doing.......?

think of me as the banker.

here it is again.

bankers 2

s

yes i can see what you mean. you run the price up to hit all the SLs to 1.618. ok not you, the bankers.

So the best way to avoid bankers/market makers? i suppose just keep moving SL till is hit (or 5.7fib is hit etc).

 

[athan00]

Quote from shopster:

high of the session


shop trade, diverged, duble t, slingshot back 2 the money.
long pendings filled in the 4 tick zone
then blown out .

same old.

this is why shop tradin' worxs.....

s

S,
thanks for this post it was really clear were pending orders where standing and what is happening generaly

I m not sure if there is a point on analysing it but i m trying to understand why these specific 4 ticks (and not a bit higher/lower) were the long pending zone...

A
how did you recognise that the 4 ticks zone on the DT is that specific long pending zone and not a bit ? I mean not a bit higher or lower?

 

[shopster]

" I am not sure if there is a point on analysing it but i m trying to understand why these specific 4 ticks (and not a bit higher/lower) were the long pending zone..."

.......................................

has nothing to do with 2, 3 or 4 ticks.
it has everything to do with hitting resting pending orders.

when you figure it out, post up your answer.

s

 

[shopster]

clean 'n jerk......

s

 

[shopster]

et al..........


s

 

[shopster]

one for the road.

s

 

[shopster]

a cad boxing week sale and i didn't even line up to do retail.

more flat screens, maybe a few for the garage.
hope Bestbuy has some left.


s

 

[shopster]

" seasonal shopping......."

the cad was also on sale this tuesday.

retail shoppers bid the price up to a 5.7 stone paint so i hit the exit door before the masses got too nasty.

s

 

[shopster]

T'was days after Christmas and all thru the mall, retail shoppers were bidding up forex pairs et al.

all the retail boxing week money was spent so a puke was in order as security closed down the mall.

off in the distance i heard him exclaim........

" Merry Christmas to all and to all a good night."


s