Technical Analysis Fallacy | Page 440 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Ultimate Fallacy in Technical Analysis 99 replies

"Technical Analysis Fallacy" thread people, I need your help 54 replies

Technical Analysis Fallacy Redux 23 replies

Statistical analysis fallacy 33 replies

Attachments: Technical Analysis Fallacy
Exit Attachments

Technical Analysis Fallacy

  • #8,781
  • Jul 13, 2009 7:20am Jul 13, 2009 7:20am
wah sweat....

i am squared at 6100 for now....
  • #8,782
  • Jul 13, 2009 7:29am Jul 13, 2009 7:29am
It may be a better use of time to just go read a good book or take a long run. Typical summer Monday. Perhaps things will move in an hour after the fix, but who knows. Still waiting on the sidelines. Let's get a frisby and toss it around!
  • #8,783
  • Jul 13, 2009 7:34am Jul 13, 2009 7:34am
I forgot about the figs...damm...never focus
  • #8,784
  • Edited 8:09am Jul 13, 2009 7:54am | Edited 8:09am
good night all
gonna square out in sometime ,

btw check when not trading ...
http://www.ted.com/talks/sirena_huan...on_violin.html

edit:
squared,
to anyone still dancing , might be wise to watch oil ...
cya tom
To Live is the rarest thing in the world , Most people exist , that is all
  • #8,785
  • Jul 13, 2009 7:57am Jul 13, 2009 7:57am
good nite
  • #8,786
  • Jul 13, 2009 8:56am Jul 13, 2009 8:56am
dizzy...anybody caught the cable bull ride ?
  • #8,787
  • Jul 13, 2009 8:56am Jul 13, 2009 8:56am
Finally, something to trade. Short the $/CAD at 1.1587, and long the GBP/$ at 1.6165. Let's see where they go. Up on both trades and watching other opportunities. Need to get back and focus.
  • #8,788
  • Edited 9:04am Jul 13, 2009 8:58am | Edited 9:04am
Quoting GEfx
Finally, something to trade. Short the $/CAD at 1.1587, and long the GBP/$ at 1.6165. Let's see where they go. Up on both trades and watching other opportunities. Need to get back and focus.

Apologies...I should not comment on another's position lest I stumble others. My apologies, follow your own plan.
  • #8,789
  • Jul 13, 2009 9:03am Jul 13, 2009 9:03am
fti, so you are trading forex again?
  • #8,790
  • Edited 9:23am Jul 13, 2009 9:09am | Edited 9:23am
Quoting aiyahmarklah
Apologies...I should not comment on another's position lest I stumble others. My apologies, follow your own plan.
Your original comment is correct and true, but I am being careful today. I have been late on some of my entries for several weeks now, because I am trying to remain careful (I do not trade with scouts as many here do). My perception of the market is that it is ranging or moving sideways, but is ready to blast off at any time. It may not be efficient, but it is working OK for now. Out at 1.6185. Out of CAD at 1.1547. I am done for a while. Need some rest. Trade well and stay focused. E/$ may be ready to kiss 1.4000 again.
  • #8,791
  • Jul 13, 2009 9:18am Jul 13, 2009 9:18am
Quoting GEfx
Out at 1.6185. Out of CAD at 1.1547. I am done for a while. Need some rest. Trade well and stay focused.
you too...should have action all the way till tokyo
  • #8,792
  • Jul 13, 2009 9:24am Jul 13, 2009 9:24am
Quoting aiyahmarklah
you too...should have action all the way till tokyo
I think you are right about action up to Tokyo, so if anyone is still trying to get some pips this session, stay focused and see what happens.
  • #8,793
  • Jul 13, 2009 9:40am Jul 13, 2009 9:40am
Quoting GEfx
I think you are right about action up to Tokyo, so if anyone is still trying to get some pips this session, stay focused and see what happens.
yup...I am so overloaded with caffeine now that i feel a need to go workout or something.

me too have this feeling that a big move is around the corner, my cue will be when the major bucket shops conveniently lost connection all at the same time. Happen this way before a number of times, proven to be rather accurate

caveat emptor
  • #8,794
  • Jul 13, 2009 11:42am Jul 13, 2009 11:42am
Why dont u create an Indicator that tells u who and how many Brokers cut their price feed? That would be useful . Great idea BTW.
FF = Forex Faggots
  • #8,795
  • Jul 13, 2009 12:11pm Jul 13, 2009 12:11pm
Quoting aiyahmarklah
yup...I am so overloaded with caffeine now that i feel a need to go workout or something.

me too have this feeling that a big move is around the corner, my cue will be when the major bucket shops conveniently lost connection all at the same time. Happen this way before a number of times, proven to be rather accurate

caveat emptor
LOL. Have not had too many problems with my broker, but can understand how frustrating that would be for you.
  • #8,796
  • Jul 13, 2009 12:30pm Jul 13, 2009 12:30pm
Quoting GEfx
LOL. Have not had too many problems with my broker, but can understand how frustrating that would be for you.
LOL I never really got caught in a situation like that, its just that I got so many broker feeds (5), sometimes it just can't be a coincidence.

one recent incident was such that even my ecn broker was down, only left one friendly bucket shop waiting for my business. Its rare, however when you do see such "coordinated" action, its better to tighten up.

your initial entry turned out rather ok, hope you managed to hitch a ride.
  • #8,797
  • Jul 13, 2009 12:33pm Jul 13, 2009 12:33pm
Quoting 8fingers
Why dont u create an Indicator that tells u who and how many Brokers cut their price feed? That would be useful . Great idea BTW.
hi 8fingers, my best indicator is increased activity on the forum or any forex related forums
  • #8,798
  • Jul 13, 2009 9:06pm Jul 13, 2009 9:06pm
anyone here today.....USD bull here.... lets see where it goes...
  • #8,799
  • Jul 13, 2009 10:02pm Jul 13, 2009 10:02pm
HOLA !

hmm no positions yet, wonder where is mr fti....
  • #8,800
  • Jul 13, 2009 11:57pm Jul 13, 2009 11:57pm
Morning fti and all

A lot of news coming out today, so nimbleness (or quickies ) are highly recommended. One thing is for sure and that is knowing the difference between being involved in our trades and committed to them.

A chicken and a pig were discussing the breakfast menu - Bacon and Eggs. The chicken smiled and said "I am involved in that breakfast." The pig sighed and replied "I am committed."

good trading to all!
Hope isn't a viable investment vehicle.
18 traders viewing now