Recent content by ED SCHAFFER

Happy New Year SIVE & to everybody on this FPA FORUM! I wish all traders on SIVE'S FPA Forum many happy PIP FINDING TRADES in the new year! See you all in the new year.

This is my first opportunity to post my comments on the new format of this FPA website ( I have been away for over a full month now ) & I DO LIKE IT A LOT!!! Kudos to the fine crew at FPA for doing a GREAT JOB OF THIS WEBSITE REDESIGN! I especially like the way that the new charts are now made...

Hi Kris > I have noticed that since Google I believe it was, took over You Tube, they have not been allowing comments on any of the other videos on You Tube as well that I have seen so far. So your question should properly be put to Google itself I would think rather than to Sive inorder to...

My money is on a eventual upside BULLISH breakout of the above mentioned EURO triangle. I am long term BULLISH on EURO & bearish long term on USD. I am also Bearish on Yankee stock indices like DJIA & S&P500 for intermediate term. That is the way I read the playing cards at present. Cheerio.

Wow, I can't believe that a Canadian like me is only the very first person to like this video. All of you other traders usually beat me to it but I guess you all must be busy doing all of your Christmas shopping. Happy Holidays, Merry Christmas & Cheerio.

Hi Sveckar > Your question is indeed clear enough for me to understand the point you are making. My answer to your question is that it really depends upon the number of price spikes that are affecting a particular price pattern or formation. For example, a price spike of just one or two bars...

Hi Sive > As Lolly does, I too do trade Crude Oil WTI CL, but on a intraday & sometimes overnight basis as I seldom go long term. I would very much like to see your analysis of the Crude Oil WTI CL market whenever you have something of interest to show us all. Please do consider my request &...

Hi Sive > You claim that short term price spikes like on BTC above will invalidate your Butterfly formation. I previously referred on a earlier post to you to the existence of a diamond formation which you also claimed was invalidated by another short term PRICE SPIKE. It is my contention...

Exactly Sveckar! Trade the probabilities rather than your own personal ill informed hopes & dreams. You have it right now Sveckar so you will not only survive trading in the markets but prosper in the long term as well. Stay disciplined & all the best to all FPA traders who read this post. Cheerio.

Ward > never "go all in" when trading. Always leave a healthy "cushion" in your account equity. Far too many "newbie" traders go bust because they bet their entire account equity when trading thinking that the trade will immediately go in their favor. Stay safe.

Hi Sive > I really do think your DIAMOND FORMATION on the 4 hr EUR is indeed valid in today's market despite the price drop at the bottom of the diamond. I chalk that large price drop & quick next day rebound price action up to BIG $ ELEPHANT / WHALE stop hunt manipulation. Today's markets are...

Hi Minimax > I have seen a few of your posted charts here on FPA & I would like to ask you if you are a intraday trader or rather an overnight swing trader? I ask because oftentimes the exact point of trade entry will be considerably different despite trading the exact same price swing depending...

Sive is absolutely correct in advocating for a "stand aside" trading stance in XAU for overnight swing traders right now. Good overnight swing traders, in my view, will spend more time just "sitting on their hands" & analyzing their trading markets whilst waiting for good trade setups to...

Momentum Swing Trader

Yes Sveckar the BIG $ ELEPHANTS / WHALES were at it again stop hunting all the suckers below the 1.10 area & then ramming the EUR back up. Note the Oscillator DIVERGENCE that was occurring then on most commonly used Oscillators. That is your tip-off. Cheerio.