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Technical Analysis Fallacy

  • #3,341
  • Edited 8:36am Jul 14, 2008 8:08am | Edited 8:36am
Hi,

Ah, no USD bull, bear USd bias was correct.
No Bull USD in sight still.
Cable , she was telling the truth.

any one got anything to say,??? or highlight?

oh my God, I eur/usd
Bot x1 x 1.5875
Bot x1 x 70
Bot x1 x 67
Bot x2 x 63

this is my base x5 aka scout
strategy impulse range, no attacks expected, nevertheless we will see, as we go along
  • #3,342
  • Jul 14, 2008 8:38am Jul 14, 2008 8:38am
bot x5 xeurusd x1.5867
  • #3,343
  • Jul 14, 2008 8:46am Jul 14, 2008 8:46am
Quoting fti
bot x5 xeurusd x1.5867
im out with profits was scalpin a little to buffer out , in the end all out with small profits , will watch n see if bear trend resumes in usd ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #3,344
  • Jul 14, 2008 8:50am Jul 14, 2008 8:50am
Quoting maheswara
im out with profits was scalpin a little to buffer out , in the end all out with small profits , will watch n see if bear trend resumes in usd ...
Hi
Seems Usd bears abound.
with all the bullishness in USD fundamentals, sure is a disappointment.
Stay nimble still, not out of coil yet.

watch closely.
  • #3,345
  • Jul 14, 2008 8:59am Jul 14, 2008 8:59am
Quoting fti
Hi
Seems Usd bears abound.
with all the bullishness in USD fundamentals, sure is a disappointment.
Stay nimble still, not out of coil yet.

watch closely.
watchin close sir, looks like wave 2 starting .... scout level in ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #3,346
  • Edited 9:13am Jul 14, 2008 9:01am | Edited 9:13am
hearing one bank gone chapt 11,
Who??
Indymac
eurusd
s x 2 x 1.5906
s x 5 x 1.5900
s x 1x 1.5897
s x 1 x 1.5895
s x 1 x 1.5891

now squared
  • #3,347
  • Jul 14, 2008 9:07am Jul 14, 2008 9:07am
Quoting fti
Hi,

Ah, no USD bull, bear USd bias was correct.
No Bull USD in sight still.
Cable , she was telling the truth.

any one got anything to say,??? or highlight?

oh my God, I eur/usd
Bot x1 x 1.5875
Bot x1 x 70
Bot x1 x 67
Bot x2 x 63

this is my base x5 aka scout
strategy impulse range, no attacks expected, nevertheless we will see, as we go along
Yes, she was telling the truth. I just collected my daily allowance and done for the day: 89 pips. I went long E/U in multiple waves: 1-2-7 and out.
Empty as water and soft as a facing wind mountain
  • #3,348
  • Jul 14, 2008 9:11am Jul 14, 2008 9:11am
thinking about it , any big business in USA is risk - free ... fed is there to bail them out ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #3,349
  • Jul 14, 2008 9:14am Jul 14, 2008 9:14am
Quoting luSan
Yes, she was telling the truth. I just collected my daily allowance and done for the day: 89 pips. I went long E/U in multiple waves: 1-2-7 and out.
how can u be done for the day ... its hard to leave the market ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #3,350
  • Jul 14, 2008 9:23am Jul 14, 2008 9:23am
Quoting maheswara
how can u be done for the day ... its hard to leave the market ...
system crashed.
migrated to another comp

oh, missed communicate.
  • #3,351
  • Edited 9:54am Jul 14, 2008 9:28am | Edited 9:54am
Quoting maheswara
how can u be done for the day ... its hard to leave the market ...
Yes, it is very hard, but I am trying to train myself to stop after meeting my dialy profit target of 50 pips...

Winning is easy, but I learned that Egor training takes a while?

There is so much to learn...mostly Egor training...How to lose? How to win? How to be patient? How to be aggressive? How to be fearless? How to turn off the computer? How to keep Egor greed at bay?....Note that it is mostly a "how" regarding my own mind? fti gave us the mechanical part, but have to create the 'pro' mindset.

Regards


PS. fti, you called that guy Egor...a typo?...I hope not...I love his name...it is not me anymore but Egor...that b.s.t.d.
Empty as water and soft as a facing wind mountain
  • #3,352
  • Jul 14, 2008 9:36am Jul 14, 2008 9:36am
I am missing 2nd wave.
unable to reestablish Eur, due to comp system.
not chasing

now,

so lusan , u are squared for the day?
any news on Indymac, cannot confirm rumour, here?
  • #3,353
  • Jul 14, 2008 9:52am Jul 14, 2008 9:52am
Quoting fti
I am missing 2nd wave.
unable to reestablish Eur, due to comp system.
not chasing

now,

so lusan , u are squared for the day?
any news on Indymac, cannot confirm rumour, here?
FED took over...and the the big news is that Paulsen will back up Freddy and its wife from collapse...a lot of cash out...so dollar to hell...

----------------------------------
http://www.bloomberg.com/apps/news?p...ayI&refer=news


http://www.bloomberg.com/apps/news?p...d=asjjcSb_jbzY

IndyMac, LandSource, Uni-Marts, Bag'n: Bankruptcy (Update1)

By Bill Rochelle
July 14 (Bloomberg) -- IndyMac Bank FSB, the largest savings-and-loan in Los Angeles and the 10th-largest in the U.S., was taken over on July 11 by the Federal Deposit Insurance Corp. It had assets of $32 billion and $19.6 billion in deposits at the end of March, the FDIC said.
Banks and savings banks are ineligible to reorganize in Chapter 11 or liquidate under Chapter 7 of the bankruptcy laws. Instead, the FDIC runs a bank until it sells the assets.
The FDIC said the takeover of the 33-branch bank is expected to cost the insurance fund between $4 billion and $8 billion to cover deposits within insurance limits. The FDIC said there are $1 billion in ``potentially uninsured'' deposits.
Empty as water and soft as a facing wind mountain
  • #3,354
  • Jul 14, 2008 9:55am Jul 14, 2008 9:55am
eurusd
B x1 x1.5906
B x1 x1.5900

B x1 x1.5895
  • #3,355
  • Jul 14, 2008 10:06am Jul 14, 2008 10:06am
Quoting fti
any news on Indymac, cannot confirm rumour, here?
They reported it last Friday I believe. Indymac going down - but I would expect some kind of intervention to save it?
  • #3,356
  • Edited 10:19am Jul 14, 2008 10:07am | Edited 10:19am
Quoting luSan
FED took over...and the the big news is that Paulsen will back up Freddy and its wife from collapse...a lot of cash out...so dollar to hell...

----------------------------------
http://www.bloomberg.com/apps/news?p...ayI&refer=news


http://www.bloomberg.com/apps/news?p...d=asjjcSb_jbzY

IndyMac, LandSource, Uni-Marts, Bag'n: Bankruptcy (Update1)

By Bill Rochelle
July 14 (Bloomberg) -- IndyMac Bank FSB, the largest savings-and-loan in Los Angeles and the 10th-largest in the U.S., was taken over on July 11 by the Federal Deposit Insurance Corp. It had assets of $32 billion and $19.6 billion in deposits at the end of March, the FDIC said.
Banks and savings banks are ineligible to reorganize in Chapter 11 or liquidate under Chapter 7 of the bankruptcy laws. Instead, the FDIC runs a bank until it sells the assets.
The FDIC said the takeover of the 33-branch bank is expected to cost the insurance fund between $4 billion and $8 billion to cover deposits within insurance limits. The FDIC said there are $1 billion in ``potentially uninsured'' deposits.
Thanks lusan,
seems like old news.
market would have discounted,
could be something else .
thanks for the info.

regards

Thanks Zoran, was not reported here. I must be getting too soft.

now scout downgraded to 1

s x 1 x09
sx1x 09

ok, we'll let that scout snoop around for a while.
Lunch for early NY coming up.

any things to discuss?
  • #3,357
  • Jul 14, 2008 10:17am Jul 14, 2008 10:17am
Quoting fti
eurusd
B x1 x1.5906
B x1 x1.5900

B x1 x1.5895
had bad experience with this part of the session last week...
3rd July , US market closed half day n i didnt realize that , was stuck with a rescue mission in the midnight with a non moving market , was awake till breakfast time ...
Sir , you are in singapore if i am right , our timing must be somewhat similiar ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #3,358
  • Jul 14, 2008 10:25am Jul 14, 2008 10:25am
Quoting maheswara
had bad experience with this part of the session last week...
3rd July , US market closed half day n i didnt realize that , was stuck with a rescue mission in the midnight with a non moving market , was awake till breakfast time ...
Sir , you are in singapore if i am right , our timing must be somewhat similiar ...
Hi maheswara,

Goodness, that must have been horrible,
It can happen, esp if you are trading alone. Can't remember everything. esp with fast markets.

paste a timetable and calender print near your computer, if you can.
Better , find a trading pal, you may be reminded if you talk to him/her about market form, shouldn't be both blur.

In case you didn't know, FF has a calander of events on this site.


yes, we are same zone.

regards
  • #3,359
  • Jul 14, 2008 10:37am Jul 14, 2008 10:37am
Quoting fti
Hi maheswara,

Goodness, that must have been horrible,
It can happen, esp if you are trading alone. Can't remember everything. esp with fast markets.

paste a timetable and calender print near your computer, if you can.
Better , find a trading pal, you may be reminded if you talk to him/her about market form, shouldn't be both blur.

In case you didn't know, FF has a calander of events on this site.


yes, we are same zone.

regards
Yup , i check the calendar first thing in the morning , that half day us session was not stated that day ...
guess Im squared for the day too , have the info tomorrow some earnings coming out , saving energy for tomorrow ...
its almost midnight in singapore , you are not goin off yet sir ?
To Live is the rarest thing in the world , Most people exist , that is all
  • #3,360
  • Jul 14, 2008 10:44am Jul 14, 2008 10:44am
Quoting maheswara
Yup , i check the calendar first thing in the morning , that half day us session was not stated that day ...
guess Im squared for the day too , have the info tomorrow some earnings coming out , saving energy for tomorrow ...
its almost midnight in singapore , you are not goin off yet sir ?
No. still got a scout out there.

listening to music while waiting for Ny boys while they have lunch.lol
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