Recent content by ChiefDM

Hi Sive, Thanks again for the excellent updates. I have a question on the above. You mention that retracement should not start until the OP is reached at 1.2265 but the OP is down at 1.2165 on the chart? Is that a simple typo or am I missing something? Thanks, Chief

Thanks Sive, I thought it looked a bit untidy but wanted to check.

Can any of you guys confirm a Double Repo on the 4 hour chart? Not entirely convinced on it as i think the first move towards the 3x3 missed closing below by a couple of points.

Looks like the second selling area at 1.2040ish is the one to look for, there seems to be no sustained thrust to the first selling area at 1.1965 on the 5 minute. Thoughts?

Hi Sive, First off can I add my thanks to those already given for the time and effort you go to to post these updates, and give the explainations you give. I've just read through your Scalp Trade Description for May 17th and have a question about Confluence resistance and Fib expansions...

Hi TeamTrader, I am also from the UK and a complete noob at trading and for the last 3 months have been studying 1m, 5m and 15m graphs, specifically for the GBP/USD. I have managed to turn a profit by scalping on the 1m graph but I would be very interested in a more detailed view of your...