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Technical Analysis Fallacy

  • #6,101
  • Mar 16, 2009 1:52pm Mar 16, 2009 1:52pm
scout 2 redeployed bot 1x 90
  • #6,102
  • Mar 16, 2009 2:00pm Mar 16, 2009 2:00pm
looks like gonna be a long long night.

stand by rescue R3
  • #6,103
  • Mar 16, 2009 2:05pm Mar 16, 2009 2:05pm
Quoting fti
looks like gonna be a long long night.

stand by rescue R3
Window delayed? Too bad if fight until tomorrow into Asia session.
  • #6,104
  • Mar 16, 2009 2:07pm Mar 16, 2009 2:07pm
DJIA dropped more than 100 points from the highest. Happy hours finished?
  • #6,105
  • Mar 16, 2009 2:23pm Mar 16, 2009 2:23pm
OMG, fresh pot of coffee please.

Still got 2 scouts out in the field. bleeding away.
  • #6,106
  • Mar 16, 2009 2:28pm Mar 16, 2009 2:28pm
FTI, Just for "U"
Attached Image
  • #6,107
  • Mar 16, 2009 2:30pm Mar 16, 2009 2:30pm
Quoting fti
OMG, fresh pot of coffee please.

Still got 2 scouts out in the field. bleeding away.
FTI you buy a house on the hill? no! the big castle!
  • #6,108
  • Mar 16, 2009 2:31pm Mar 16, 2009 2:31pm
sometimes feel like this
Attached Image
  • #6,109
  • Mar 16, 2009 2:31pm Mar 16, 2009 2:31pm
sometimes want to do this
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  • #6,110
  • Mar 16, 2009 2:32pm Mar 16, 2009 2:32pm
most of the time this
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  • #6,111
  • Mar 16, 2009 2:34pm Mar 16, 2009 2:34pm
Quoting auxesis
sometimes want to do this
  • #6,112
  • Mar 16, 2009 2:38pm Mar 16, 2009 2:38pm
comes with the job, my friends.
occupational hazzard, only wish there was a crystal ball,
makes life easier, but crystal balls break , balls of steel doesn't.
  • #6,113
  • Mar 16, 2009 2:38pm Mar 16, 2009 2:38pm
Quoting auxesis
most of the time this
  • #6,114
  • Mar 16, 2009 2:45pm Mar 16, 2009 2:45pm
lets see what happens here around he 2950 level
  • #6,115
  • Mar 16, 2009 2:51pm Mar 16, 2009 2:51pm
Quoting auxesis
lets see what happens here around he 2950 level
probably nothing.
U see it is quite clear already.
The mkt is caught too over weighted bear USD.
then although there's much reason to bear stampede.
The market is trying very hard to shake off some .
the usd bulls are no where in sight , if they were we would had a reversal already.
The usd bears are self feeding, and this may take some time.
So anyway the mkts will carry into tokyo zone, should be interesting.
and I have to be on her. Todays profits , well in book already, only that I will be trying to capitalise on the on going momentum.
For now only the strong holders may survive into Tokyo.

If I hadn't tajken out the attack earlier, would be dead as doornail by now.
  • #6,116
  • Mar 16, 2009 2:55pm Mar 16, 2009 2:55pm
So this is just a paring back of USD shorts? If this was a change in sentiment (i.e. the USD bull was back on) the market would be much lower already?

Thanks for clarifying.
  • #6,117
  • Mar 16, 2009 2:57pm Mar 16, 2009 2:57pm
Quoting fti
probably nothing.
U see it is quite clear already.
The mkt is caught too over weighted bear USD.
then although there's much reason to bear stampede.
The market is trying very hard to shake off some .
the usd bulls are no where in sight , if they were we would had a reversal already.
Then it be a boring night.........
  • #6,118
  • Mar 16, 2009 2:59pm Mar 16, 2009 2:59pm
Personally, I think there are some stops below 1.2950 on the E/U and 1.4050 G/U and the dealers are trying to run them...either now or during the Asian session.
  • #6,119
  • Mar 16, 2009 3:05pm Mar 16, 2009 3:05pm
Quoting auxesis
Then it be a boring night.........
not necessarily.
after a shake down, depending on how deep they wanna shake. then they may play in thin twinlight. and when tokyo comes on the bears that got shaken out may find it hard to find levels to reinstate.

Or course we may play right into a reversal, but there seems no signs of that yet. Thats why I have to be on her, just in case she does. although its only scouts out there, the discipline is to manage them professionally. I cou;d just cut tail , as loss is insignaificant, or set a stop and leave it to fate and brokers. Then that, I guess is the difference between a pro and the novice.
  • #6,120
  • Mar 16, 2009 3:05pm Mar 16, 2009 3:05pm
Quoting fti
probably nothing.
U see it is quite clear already.
The mkt is caught too over weighted bear USD.
then although there's much reason to bear stampede.
The market is trying very hard to shake off some .
the usd bulls are no where in sight , if they were we would had a reversal already.
The usd bears are self feeding, and this may take some time.
So anyway the mkts will carry into tokyo zone, should be interesting.
and I have to be on her. Todays profits , well in book already, only that I will be trying to capitalise on the on going momentum.
For...
FTI,

Your explanations are the things which are missing from the lounge.... many of us can do attack and rescue but what happen behind the scenes and how you grasp it and still keep your head on the trading...amazing..

again sir you Rock...

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