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Technical Analysis Fallacy

  • #4,041
  • Jul 28, 2008 7:58am Jul 28, 2008 7:58am
Hi bears
No problem,On.
Anyway still in range.
  • #4,042
  • Jul 28, 2008 8:05am Jul 28, 2008 8:05am
the hourly still looks a bit flimsy. missed the first bear impulse...
sending the first scout in, short the eur.
  • #4,043
  • Jul 28, 2008 8:08am Jul 28, 2008 8:08am
Quoting jest1081
the hourly still looks a bit flimsy. missed the first bear impulse...
sending the first scout in, short the eur.
Hi jest,
What impulse, its still ranging.
But this greenbag bull is watching grass grow, LOL
Look for fatigue,still trying not in sight yet, scouts merged and waiting, good average though.
  • #4,044
  • Jul 28, 2008 8:14am Jul 28, 2008 8:14am
Quoting fti
Hi jest,
What impulse, its still ranging.
But this greenbag bull is watching grass grow, LOL
Look for fatigue,still trying not in sight yet, scouts merged and waiting, good average though.
jest impulse happened at 4:00 am...I was there and rode my bear
Empty as water and soft as a facing wind mountain
  • #4,045
  • Jul 28, 2008 8:17am Jul 28, 2008 8:17am
Quoting fti
Hi jest,
What impulse, its still ranging.
But this greenbag bull is watching grass grow, LOL
Look for fatigue,still trying not in sight yet, scouts merged and waiting, good average though.
fti,

umm, well eur, tested to break below 5740 the during the last hour, i thought it signaled exhaustion initially, it did really looked like an attempt from the usd bulls just now, there is a battle going on right now.

i think i still have a lot more to learn.
  • #4,046
  • Jul 28, 2008 8:20am Jul 28, 2008 8:20am
Quoting luSan
jest impulse happened at 4:00 am...I was there and rode my bear
yeah i noticed that. too bad i was at work...the rangefor the day has completed abt 80 pips only, so there may still be more left to the eur.
  • #4,047
  • Jul 28, 2008 8:21am Jul 28, 2008 8:21am
after euro now its pounds turn ... yen getting pushed around ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #4,048
  • Jul 28, 2008 8:23am Jul 28, 2008 8:23am
go yen go
  • #4,049
  • Jul 28, 2008 8:26am Jul 28, 2008 8:26am
Quoting maheswara
after euro now its pounds turn ... yen getting pushed around ...
I see it...tracking behind E...I guess 9970 target for G...
People might be dumping those dollars...ah.
Empty as water and soft as a facing wind mountain
  • #4,050
  • Jul 28, 2008 8:28am Jul 28, 2008 8:28am
I thought that you folks may be interested in this:

July 28 (Bloomberg) -- The dollar fell from near a three- week
high against the euro and declined from its strongest in a
month versus the yen on concern U.S. credit losses will
widen.July 28 (Bloomberg)

http://www.bloomberg.com/apps/news?p...refer=currency
  • #4,051
  • Jul 28, 2008 8:29am Jul 28, 2008 8:29am
Quoting fxa
I thought that you folks may be interested in this:

July 28 (Bloomberg) -- The dollar fell from near a three- week
high against the euro and declined from its strongest in a
month versus the yen on concern U.S. credit losses will
widen.July 28 (Bloomberg)

http://www.bloomberg.com/apps/news?p...refer=currency
man they seriously have no other reason to put ... blaming it on concern of credit losses all the time
To Live is the rarest thing in the world , Most people exist , that is all
  • #4,052
  • Jul 28, 2008 8:30am Jul 28, 2008 8:30am
someones hitting on the queen. who leads now?
Will he get to take her to bed? oooh
  • #4,053
  • Jul 28, 2008 8:34am Jul 28, 2008 8:34am
okay. am i the only one expanding the skew now...? sold 3@54
  • #4,054
  • Jul 28, 2008 8:35am Jul 28, 2008 8:35am
Quoting jest1081
someones hitting on the queen. who leads now?
Will he get to take her to bed? oooh
Hi jest,
Now can you feel the impulse?
the y are sweeping earlier.
  • #4,055
  • Jul 28, 2008 8:37am Jul 28, 2008 8:37am
Quoting fxa
I thought that you folks may be interested in this:

July 28 (Bloomberg) -- The dollar fell from near a three- week
high against the euro and declined from its strongest in a
month versus the yen on concern U.S. credit losses will
widen.July 28 (Bloomberg)

http://www.bloomberg.com/apps/news?p...refer=currency
Hi fxa.
this , bloomberg's opinion.
Wrietr dare not identify .
Probably have no exposure.

regards
I just took some $
from rescue that was too fast to post.LOL
compounded scouts still in.
  • #4,056
  • Jul 28, 2008 8:42am Jul 28, 2008 8:42am
Quoting fti
Hi fxa.
this , bloomberg's opinion.
Wrietr dare not identify .
Probably have no exposure.

regards
I just took some $
from rescue that was too fast to post.LOL
Hello fti,


Sorry, I might have missed something but as I understand that your bias was USD bull then why rescue and not level2 ,3 attacks ? EUR/USD is going down.

Regards,
  • #4,057
  • Jul 28, 2008 8:42am Jul 28, 2008 8:42am
David,
your horse stuck at the gates , sorry
  • #4,058
  • Jul 28, 2008 8:45am Jul 28, 2008 8:45am
Watching g/u 9925 area to decide on scout entry.
  • #4,059
  • Jul 28, 2008 8:47am Jul 28, 2008 8:47am
Quoting jest1081
okay. am i the only one expanding the skew now...? sold 3@54
sounds good to me.
were still not out of the woods yet.

I added 2 @ retest of 60
  • #4,060
  • Edited 9:00am Jul 28, 2008 8:49am | Edited 9:00am
now every body shout break, no shout no cheese cake !

OMG, all scouts out, crocs detected in the waters.
a profiy is a profit.

retry scout again later at 50/55 zone. market tight.

We may be doing this funky chicken until fmoc out of the way,
Trade well, bears must be careful , bees around. just jesting.
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