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Technical Analysis Fallacy

  • #9,081
  • Jul 26, 2009 10:47pm Jul 26, 2009 10:47pm
Quoting fti
choice price, whatever you do your choice.
buy also can, sell also can, I do at same price.

regards
u mean , sometimes u get 0 spread of bid and ask ?
To Live is the rarest thing in the world , Most people exist , that is all
  • #9,082
  • Jul 26, 2009 11:22pm Jul 26, 2009 11:22pm
Quoting maheswara
u mean , sometimes u get 0 spread of bid and ask ?
yeap no spread, choice price.
Wish i was broker, don't you?
  • #9,083
  • Edited 5:37am Jul 27, 2009 1:57am | Edited 5:37am
Quoting fti
yeap no spread, choice price.
Wish i was broker, don't you?
haha

looks like volatility is starting to increase again hopefully by next month its back to normal again

edit:
bad day , lost some... played with fire (gbp) , but day isnt over yet , will try making it back in NY

good trade to all
To Live is the rarest thing in the world , Most people exist , that is all
  • #9,084
  • Edited 7:16am Jul 27, 2009 6:12am | Edited 7:16am
Good day to everyone trading this very fine day. I have taken a short position on the CHF at 1.0672 and am hanging on to it for now. Seems to be stalling now. Hope you are all trading well. Back later.
Edit: Darn, missed the trade on the CAD earlier. Waiting for a reload or perhaps a turn there.
Edit: Square on the chf with 2 pips. Wow! Back to the sidelines for now. My current focus is on the E/J, the $/CAD and the GBP/$. Starting to watch the G/Y out of the corner of my eye - lol
  • #9,085
  • Jul 27, 2009 10:47am Jul 27, 2009 10:47am
didnt cover the loss fully
tired of long campaigns ,
see you all tom,

btw I read this sumwer,

life isnt about waiting for the storm to pass but to dance in the rain

sumhow appropriate for this thread dont u think ?

good day
To Live is the rarest thing in the world , Most people exist , that is all
  • #9,086
  • Jul 27, 2009 11:28am Jul 27, 2009 11:28am
OK, I am done for the day. Not much to show for the effort, but can't complain. Been listening to the news and looks like an interesting week shaping up. Can't wait to see how it unfolds.
  • #9,087
  • Jul 27, 2009 5:39pm Jul 27, 2009 5:39pm
Quoting maheswara
life isnt about waiting for the storm to pass but to dance in the rain
I am intoxicated with this quote...
  • #9,088
  • Jul 27, 2009 7:15pm Jul 27, 2009 7:15pm
life isnt about waiting for the storm to pass but to dance in the rain


maheswara,

I think your troops had to combat in the rain not dancing
  • #9,089
  • Edited 9:37pm Jul 27, 2009 8:56pm | Edited 9:37pm
looking to follow e/u from where she sits @ 4233, also keeping an eye on 4218 area and how that area reacts before adding anything whichever way she goes.
  • #9,090
  • Jul 27, 2009 10:53pm Jul 27, 2009 10:53pm
Inserted Video
  • #9,091
  • Jul 27, 2009 11:05pm Jul 27, 2009 11:05pm
A nice Taiwanese Song.

Inserted Video
  • #9,092
  • Edited 4:37am Jul 28, 2009 4:13am | Edited 4:37am
Good trading day to you all. I am short the $/Y at 94.87, protecting my entry and shooting for the moon - lol. Let's see where this goes. Hope you are all trading well.

Edit: Have taken 1/4 of my position off at 94.55.
Edit: Ooops, just noticed something and have squared this trade at 94.59. BAck to the sidelines for now.
  • #9,093
  • Jul 28, 2009 5:41am Jul 28, 2009 5:41am
Quoting GEfx
Good trading day to you all. I am short the $/Y at 94.87, protecting my entry and shooting for the moon - lol. Let's see where this goes. Hope you are all trading well.

Edit: Have taken 1/4 of my position off at 94.55.
Edit: Ooops, just noticed something and have squared this trade at 94.59. BAck to the sidelines for now.
Good to see that you are having a good day with the USD/JPY. Some nice downward movements today for you. I can also report that the EUR/USD has been good to me. I have been attacking on and off from the 1.4260 up to 1.4300 area. During the early part of the London session I put in a scout short at 1.4295 area and have been carrying out mild attacks back down to the 1.4260 area. Squared at the moment. Just watching and waiting for the NY session. Good trading to all. Ray
  • #9,094
  • Jul 28, 2009 5:47am Jul 28, 2009 5:47am
Quoting 1234
Good to see that you are having a good day with the USD/JPY. Some nice downward movements today for you. I can also report that the EUR/USD has been good to me. I have been attacking on and off from the 1.4260 up to 1.4300 area. During the early part of the London session I put in a scout short at 1.4295 area and have been carrying out mild attacks back down to the 1.4260 area. Squared at the moment. Just watching and waiting for the NY session. Good trading to all. Ray
Glad to hear of your success with the euro. That 4300 area seems pretty strong and I would guess there are more that a few stops up to 4350, so you may get quite a ride soon. I am keeping an eye on US futures and sitting on the sidelines. Trade well.
  • #9,095
  • Edited 7:04am Jul 28, 2009 6:52am | Edited 7:04am
Short the E/J at 134.87.

Edit: Short the G/$ at 1.6491
Edit: May take a long position on the $/CAD at 1.0795, protecting 20 on the E/J and protecting 5 on the GBP trades.
Edit: Out the the GBP with 5, and holding strong on the E/J.
Edit: Out of the E/J at 134.58, will reenter if situation presents. Time for some fresh air and coffee.
  • #9,096
  • Jul 28, 2009 7:04am Jul 28, 2009 7:04am
Am I finally south turning after 1.430 kissing?
Off I go, go, go...cha-cha-cha
Empty as water and soft as a facing wind mountain
  • #9,097
  • Edited 7:46am Jul 28, 2009 7:10am | Edited 7:46am
Long the $/CAD at 1.0795 with a very tight risk assessment, maybe 1.0785 or 82, but blue skys above. We'll see...
Edit: Am up a little but move slowly. Will exit at 1.0790 now, but can still see blue above - lol
Edit: OK, square now at 1.0792, will consider reentry after analysis
  • #9,098
  • Jul 28, 2009 7:42am Jul 28, 2009 7:42am
Quoting luSan
Am I finally south turning after 1.430 kissing?
Off I go, go, go...cha-cha-cha
haha lusan , guess I ve been ur counterparty today
been buying , not much problem in rescuing , 4300 was a clear south sign , was taking chances against the sign ...
anyway NY might be a different game
good luck to u
To Live is the rarest thing in the world , Most people exist , that is all
  • #9,099
  • Jul 28, 2009 8:28am Jul 28, 2009 8:28am
Quoting luSan
Am I finally south turning after 1.430 kissing?
Off I go, go, go...cha-cha-cha
luSan, you are in pretty good shape with your south trade. nice going. I am back in the GBP/$ short at 1.6466. Missed reentry on the CAD for now.
Edit: square at 1.6456
  • #9,100
  • Jul 28, 2009 9:12am Jul 28, 2009 9:12am
be informed , this usd bull is very very strong.+very
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