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Technical Analysis Fallacy

  • #4,321
  • Jul 30, 2008 2:51am Jul 30, 2008 2:51am
Quoting lilpip
Sounds like your enjoying them, heres a couple more.
God don't I love my motherland
Take a report.
  • #4,322
  • Jul 30, 2008 2:56am Jul 30, 2008 2:56am
It's a challange for my patience again.
I switsched my trading room music from Ibrahim Ferrer to AC/DC.
Maybe the markets will get some adrenalin too ..
  • #4,323
  • Jul 30, 2008 3:06am Jul 30, 2008 3:06am
Quoting MaMood
It's a challange for my patience again.
I switsched my trading room music from Ibrahim Ferrer to AC/DC.
Maybe the markets will get some adrenalin too ..
Bears are making money, bulls just watch.
  • #4,324
  • Jul 30, 2008 3:14am Jul 30, 2008 3:14am
Quoting Green_David
Bears are making money, bulls just watch.
Sure...and me? ...I am a pig
Empty as water and soft as a facing wind mountain
  • #4,325
  • Jul 30, 2008 3:15am Jul 30, 2008 3:15am
Seems USD bulls are fighting back, rescue standby. Wait and see the development.
  • #4,326
  • Jul 30, 2008 3:20am Jul 30, 2008 3:20am
Quoting luSan
Sure...and me? ...I am a pig
Pigs may just lose thin tails, but my G/U bears were slaughtered by bulls the end of last month.
  • #4,327
  • Jul 30, 2008 3:20am Jul 30, 2008 3:20am
the 3k are in sync , so i think the dollars are moving ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #4,328
  • Jul 30, 2008 3:26am Jul 30, 2008 3:26am
1 hour tight range with london open...
Empty as water and soft as a facing wind mountain
  • #4,329
  • Jul 30, 2008 3:30am Jul 30, 2008 3:30am
k i'll try not to get too escited here, scaled again
bot 2 @ 606
  • #4,330
  • Jul 30, 2008 3:30am Jul 30, 2008 3:30am
Quoting Green_David
Rumor says 5600, and 5620 some offers there.

No major news until NY open.

Hi David,


Can you please elaborate on this one ? What is the meaning of some offers there ?

Thanks,
  • #4,331
  • Jul 30, 2008 3:41am Jul 30, 2008 3:41am
Quoting hemal011
Hi David,


Can you please elaborate on this one ? What is the meaning of some offers there ?

Thanks,
That means some E/U offers seen for selling @5600 & 5620.
  • #4,332
  • Jul 30, 2008 3:42am Jul 30, 2008 3:42am
Quoting hemal011
Hi David,


Can you please elaborate on this one ? What is the meaning of some offers there ?

Thanks,
Hi hemal011,

that means, that David got some "news" on his plattform with informations on clusters of buy and sell orders or stops.
In this case there are some sell orders at the mentioned levels, which should make it more difficult to get through it.
But the problem: These infos are so reliant ....

Sorry David - had seen your answer to late...
  • #4,333
  • Jul 30, 2008 3:44am Jul 30, 2008 3:44am
Quoting MaMood
Hi hemal011,

that means, that David got some "news" on his plattform with informations on clusters of buy and sell orders or stops.
In this case there are some sell orders at the mentioned levels, which should make it more difficult to get through it.
But the problem: These infos are so reliant ....

Sorry David - had seen your answer to late...
These infos are so reliant ....

Right. That's why I call them "rumors".

Seems our big brother wake up. Wish him say something and my appoligies if I talked too much.
  • #4,334
  • Jul 30, 2008 3:57am Jul 30, 2008 3:57am
Euro zone business & consumer confidence will be published in a few minutes ...
  • #4,335
  • Jul 30, 2008 4:01am Jul 30, 2008 4:01am
Euro zone business & consumer confidence are published:

slightly weaker than expected
  • #4,336
  • Jul 30, 2008 4:03am Jul 30, 2008 4:03am
mild E/U rescue finished @ 5596, GU @9822.

stop now to see how they develop to NY session.
  • #4,337
  • Jul 30, 2008 4:59am Jul 30, 2008 4:59am
Quoting Green_David
mild E/U rescue finished @ 5596, GU @9822.

stop now to see how they develop to NY session.
Rescue successful, total +tive pips now. Bulls showed claws.
  • #4,338
  • Jul 30, 2008 5:02am Jul 30, 2008 5:02am
Quoting MaMood
My blotter:

B x 1 x USDJPY x 107.98
B x 3 X USDJPY x 108.11 (0552 GMT)
S x 3 X USDJPY x 108.21 (0617 GMT) PT in front of yesterday high
B x 1 X USDJPY x 108.15 (0623 GMT) 2pip slippage against me
B x 1 X USDJPY x 108.10 (0628 GMT)

0637 GMT - short term direction unclear. Rescue L1 possible ...
0644 GMT - will reduce my exposure in front of LO, average 108.07

S x 1 X USDJPY x 108.09 (0646 GMT) reduced exposure

0654 GMT - waiting for clear direction after dust has settled after LO. Size is ok. There are enough troops waiting on my side ...
0726 GMT - still waiting to get my rescue well timed
ok that took a really long time, but I have done my rescue successfully. Here are the details.

B x 9 x USDJPY x 107.75 (0916 GMT) was really not sure about the direction. Rescue was calculated for 8 pips to breakeven. After that selloff down to 107.70, falling oilprices and retracing of the Yen crosses, I had thrown the troops out in to the battle.

S x 10 x USDJPY x 107.85 (0946 GMT)

Ok - thats it. Could take small profits on the rescue. Scout still in.
Always when the market went that straight against me and I see no signs for a major turn in my direction, I take a strong rescue, when the probalities are at my side.

Fell free to comment my campaign or to tear one's hair (Ooops, don't know if this is understandable in english, But for all germans: "sich die Haare raufen")
Now I'm out for lunch.

CU at NY opening
  • #4,339
  • Jul 30, 2008 5:09am Jul 30, 2008 5:09am
Quoting MaMood
ok that took a really long time, but I have done my rescue successfully. Here are the details.

B x 9 x USDJPY x 107.75 (0916 GMT) was really not sure about the direction. Rescue was calculated for 8 pips to breakeven. After that selloff down to 107.70, falling oilprices and retracing of the Yen crosses, I had thrown the troops out in to the battle.

S x 10 x USDJPY x 107.85 (0946 GMT)

Ok - thats it. Could take small profits on the rescue. Scout still in.
Always when the market went that straight against me and I see no signs for a major turn in my direction, I take a strong rescue, when the probalities are at my side.

Fell free to comment my campaign or to tear one's hair (Ooops, don't know if this is understandable in english, But for all germans: "sich die Haare raufen")
Now I'm out for lunch.

CU at NY opening
Mine MO may be different from you. I have a longer time frame. And I am not familiar with U/J.
  • #4,340
  • Jul 30, 2008 5:40am Jul 30, 2008 5:40am
half rescue out gu@9789, eu@5583.
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