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Technical Analysis Fallacy

  • #6,901
  • Jun 5, 2009 12:03pm Jun 5, 2009 12:03pm
Quoting Green_David
Hi, Fti:

I am squared with good return today. E/U is 4010, I want to short again , , but it is weekend, I am worried that volitility will be small and may forec me carry over to next week.

Btw, congradulations that your grandpa lived 98 years old.
Hi David,
Good returns is good .
Don't have to force it, Over-weekend positions is unhealthy. esp for now. I am just trying to get back on the feel, so please do not follow. You know whats good for you, stay with it. How's you book so far? In the ++ I believe, yes?

regards
  • #6,902
  • Jun 5, 2009 12:07pm Jun 5, 2009 12:07pm
scout out 14012
  • #6,903
  • Jun 5, 2009 12:08pm Jun 5, 2009 12:08pm
Quoting fti
Hi David,
Good returns is good .
Don't have to force it, Over-weekend positions is unhealthy. esp for now. I am just trying to get back on the feel, so please do not follow. You know whats good for you, stay with it. How's you book so far? In the ++ I believe, yes?

regards
Thanks, my friend:

After many losses and tries. It is OK now. This month until now, increased 20%. Made big mistakes last friday, and this monday. The E/U and G/U's trend was so strong.

I made a mistake today also. I closed all @4100 with 100 pips, thinking e/u may touch 4150 again, and I would have a strong attack. But never got a chance to buy back.
  • #6,904
  • Jun 5, 2009 12:11pm Jun 5, 2009 12:11pm
Hi Fti,
I am still babysitting. Short on the EUR/USD. The main army is out after a good day. It is still making good moves down to the 1.4000 level.
Regards Ray
  • #6,905
  • Jun 5, 2009 12:13pm Jun 5, 2009 12:13pm
Quoting Green_David
Thanks, my friend:

After many losses and tries. It is OK now. This month until now, increased 20%. Made big mistakes last friday, and this monday. The E/U and G/U's trend was so strong.

I made a mistake today also. I closed all @4100 with 100 pips, thinking e/u may touch 4150 again, and I would have a strong attack. But never got a chance to buy back.
its ok David, A profit's a profit, but don't over analyse and paralyse your nimbleness. I hope much opportunities next week, there's always tom)next week). Be careful of the crystal balls, you should be able to feel the market better with out it.

Ah and lucky me, scouts very comfortable for now.

regards
  • #6,906
  • Jun 5, 2009 12:17pm Jun 5, 2009 12:17pm
Quoting 1234
Hi Fti,
I am still babysitting. Short on the EUR/USD. The main army is out after a good day. It is still making good moves down to the 1.4000 level.
Regards Ray
Ah, good for you,Ray.
14000 is should be well tested, don't expect too much.
but again who knows.
Your callsign seems new, joined recently?
have you internalised the thread?

regards
  • #6,907
  • Jun 5, 2009 12:18pm Jun 5, 2009 12:18pm
Quoting fti
its ok David, A profit's a profit, but don't over analyse and paralyse your nimbleness. I hope much opportunities next week, there's always tom. Be careful of the crystal balls, you should be able to feel the market better with out it.

Ah and lucky me, scouts very comfortable for now.

regards
According to my platform, at least 3 layers of stop loss were triggered.

And it reported that reserve managers were also selling, some big money(fund) were turning down E/U from 4250. Who are reserve managers? From CBs?

Well, I missed a chance of 20 pips.
  • #6,908
  • Jun 5, 2009 12:25pm Jun 5, 2009 12:25pm
Quoting Green_David
According to my platform, at least 3 layers of stop loss were triggered.

And it reported that reserve managers were also selling, some big money(fund) were turning down E/U from 4250. Who are reserve managers? From CBs?

Well, I missed a chance of 20 pips.
Hi David,

You mean they are watching foreign currencies reserves managers activity and reporting so promptly. Wow, in-roads to the big boys. Yes I think yjeu mau be talking about them. Be care ful and brace yourself for a ride. Be careful DO NOT CARRY OVERNIGHTs, will be whippy.
Take you profits and go enjoy the weekend.

Just for info, For me today no attacks , no rescues, just trying out the feel and form. Engine not running, just clowning around the market place for feel.


regards
  • #6,909
  • Jun 5, 2009 12:27pm Jun 5, 2009 12:27pm
Hi Fti
Being studying your thread since Sept last year and started applying the ideas to my live account about a month later and good success.
Ray
  • #6,910
  • Jun 5, 2009 12:30pm Jun 5, 2009 12:30pm
Quoting fti
Hi David,

You mean they are watching foreign currencies reserves managers activity and reporting so promptly. Wow, in-roads to the big boys. Yes I think yjeu mau be talking about them. Be care ful and brace yourself for a ride. Be careful DO NOT CARRY OVERNIGHTs, will be whippy.
Take you profits and go enjoy the weekend.

regards
Yes. I am squared. Glad your scout made 30 pips for you.

I am going to sleep. See you next monday.

Have a good week-end also.
  • #6,911
  • Jun 5, 2009 12:34pm Jun 5, 2009 12:34pm
Quoting 1234
Hi Fti
Being studying your thread since Sept last year and started applying the ideas to my live account about a month later and good success.
Ray
Hi Ray,
Good for you.
Remain vigilant for lessons so be cautious.
Profits feels good doesn;t it.
take some out and reward yourself for the hardwork.

Keep it up.
Good Fortune.

regards
  • #6,912
  • Jun 5, 2009 12:37pm Jun 5, 2009 12:37pm
Quoting Green_David
Yes. I am squared. Glad your scout made 30 pips for you.

I am going to sleep. See you next monday.

Have a good week-end also.
Good night David,
CU Next week.

regards
  • #6,913
  • Jun 5, 2009 12:42pm Jun 5, 2009 12:42pm

Oil is back in the zone 68.50 and gold hold its fall 960.

  • #6,914
  • Jun 5, 2009 12:47pm Jun 5, 2009 12:47pm
Quoting Gro

Oil is back in the zone 68.50 and gold hold its fall 960.

Hi Gro,
Nice to see you again.
Have the markets been kind to you?

regards
  • #6,915
  • Jun 5, 2009 12:58pm Jun 5, 2009 12:58pm
Quoting fti
Hi Gro,
Nice to see you again.
Have the markets been kind to you?

regards
Today I took 1% ... as medicine(medicinally)
  • #6,916
  • Jun 5, 2009 1:11pm Jun 5, 2009 1:11pm
Nice move down to the 1.3950 area for the EUR/USD
Ray
  • #6,917
  • Jun 5, 2009 1:52pm Jun 5, 2009 1:52pm
[quote=1234;2783397]Nice move down to the 1.3950 area for the EUR/USD
Ray[/QUOTE

Hi Ray ,
Are you still in the trades?
  • #6,918
  • Jun 5, 2009 2:00pm Jun 5, 2009 2:00pm
Yes but with small exposures. Maybe still some movement before close of NY stock exhange. I will finish in about an hour or if they park the EUR/USD for the weekend before that.
Ray
  • #6,919
  • Jun 5, 2009 2:29pm Jun 5, 2009 2:29pm
bot x1x13965
and squared
  • #6,920
  • Jun 5, 2009 2:32pm Jun 5, 2009 2:32pm
Hi Jairo,

I remember that you mentioned the robot got blown.
So how's the going now.
Is you trading improving since?

regards
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