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Technical Analysis Fallacy

  • #11,681
  • Dec 18, 2009 6:50am Dec 18, 2009 6:50am
thoughts on anyone one attacking the e/u or considering ?
  • #11,682
  • Dec 18, 2009 7:01am Dec 18, 2009 7:01am
Quoting lilpip
thoughts on anyone one attacking the e/u or considering ?

Thinking of taking it long on a pullback into the 4320's, that could change quickly if the bottom of the range fails
  • #11,683
  • Dec 18, 2009 7:01am Dec 18, 2009 7:01am
Quoting lilpip
thoughts on anyone one attacking the e/u or considering ?
I wouln't buy it just yet. Im willing to bet there are people who have massive cover orders pending around daily MA200
ok Friendo? This is madness!?!? - THIS, IS, FOREX!!!
  • #11,684
  • Dec 18, 2009 7:04am Dec 18, 2009 7:04am
1.75 % from 4325.
im done, heads not in right mindset, to impatient at moment and other things at hand.
take care
  • #11,685
  • Dec 18, 2009 8:01am Dec 18, 2009 8:01am
OK, I am done for the week. I just took the eur south from 4349 and am getting nervous about any follow through. Will hold this position open for a while protecting 4290. Hope you all have a great weekend. I will share anything of interest I can find tomorrow and hope you will do the same. fti, still thinking about your friend and hope you are well. God bless you all!
  • #11,686
  • Dec 18, 2009 8:11am Dec 18, 2009 8:11am
Quoting GEfx
OK, I am done for the week. I just took the eur south from 4349 and am getting nervous about any follow through. Will hold this position open for a while protecting 4290. Hope you all have a great weekend. I will share anything of interest I can find tomorrow and hope you will do the same. fti, still thinking about your friend and hope you are well. God bless you all!
It's either a stop sweep and we pull back into the range or a continuation breakout, either way I'm about done for the week, things to get ready.

Wishing all a great weekend.
  • #11,687
  • Dec 19, 2009 12:25am Dec 19, 2009 12:25am
Quoting MaMood
Hi Pete,

to your 2nd question. I'm trading the major news figs.
I do not have any prediction before the release.
But I'm really fast, when the news is out:
1. The fact that news is above or below expectations gives me the bias
2. I do trade pute PA including the spike, based on a tick chart and confirmd my 1 min chart.
If it is to hectic, I stay at the sidlines
But I would guess that I trade 75% of the major news published through my trading session. And I would also guess that I make profits or end at least with BE in 95% of all traded news.
But...
Thanks Mamood for your info. I'll keep your info. for the future referrence when I'm ready for trading news.

Have a good weekend
  • #11,688
  • Edited 4:03am Dec 19, 2009 2:43am | Edited 4:03am
Hi ALL,

Do you know why chet is always sucking away at heli's anus.
It's known as the pyramid effects.

its documented. Is the binderberg effects real. Maybe.
but sure scares the shit out of my portfolio.
I guess Gold and precious metals, seems the only harbour of safety now. A good advice from a super fund manager I know, he always says only real investments is "real" investments, they have to be tangible. But most of all , it must be STORE OF VALUE. Trust is a dirty word in investments world. So seem the shit hits the fan for the USD, seems the Euro is not spared. Give me the deutschemarks anytime. at least they were independent and sovereign. SOmebody was resposible and accountable for its value.

Is this really happening? Trying to cpmprehend it gives my mind an overload.
regards

Wake Up Call - New World Order Documentary - Remastered - part 01 of 16
Inserted Video


The President Who Told The TRUTH
Inserted Video
  • #11,689
  • Edited 9:45am Dec 19, 2009 6:43am | Edited 9:45am
Hi everyone, I have been reading today and wanted to share of few things that may impact next week, or at least help explain last week.

There were a few positive announcements in the EU last week that helps the euro a bit, including improved sentiment in Germany. However, the situation in Greece got a bit darker, with another ratings downgrade. One more downgrade and the ECB will no longer be able to use Greek bonds as collateral. There was one story that the ECB is providing indirect assistance to the Greek government, so some back door help arrived in the nick of time. The Greek government is refusing to make the deep cuts in social spending that are required to fix their problems, so this situation is not improving. In addition, Moody's turned their guns on Spain this past week by downgrading a huge portion of Spain's mortgage debt. This is likely to be the opening salvo on Spain credit ratings as Spanish banks scramble to raise capital. One final note from Europe, the ECB said that Euro-zone banks will need to write down an additional $269B soon, so increasing pressure on banks in Europe.

The FA's in the US were relatively positive this past week, indicating the economy has stabilized for now. However, all signs are that the Democratic congress is still on a spending bing and determined to spend the US to death.

Finally, the Iranians sent a small force into Iraq, taking up a position inside Iraq and are holding an abandoned oil well hostage. This may or may not mean anything, but it shook the oil market a bit. Eleven Iranians versus 140,000 US Marines and Army soldiers. Not sure this is going to mean much next week.

Have a good weekend everyone. fti, looked at your post! I am not a fan of Alex Jones and his stuff. I've been hearing about the Bilderberg (sp) thing for over 40 years, along with the Council on Foreign Relations, etc. According to the theories, these groups have been trying to take over the world for over 75 years now, so they are working very slowly. All we need now is for these groups to join up the UFOs, and we will have a real-life X-Files on our hands -- LOL.

For me, the real threat was on display this past week in Copenhagen and in the US Congress. The cartoon science behind man-made global warming has been proven wrong, but we just keep marching down that path. And how does a President with 45% approval, working with a US congress with 18% approval, force through a Health Reform bill with 36% approval? Things will change in the US in November 2010, if we last that long.
  • #11,690
  • Dec 19, 2009 9:40am Dec 19, 2009 9:40am
Quoting fti
Hi ALL,

Do you know why chet is always sucking away at heli's anus.
It's known as the pyramid effects.

its documented. Is the binderberg effects real. Maybe.
but sure scares the shit out of my portfolio.
I guess Gold and precious metals, seems the only harbour of safety now. A good advice from a super fund manager I know, he always says only real investments is "real" investments, they have to be tangible. But most of all , it must be STORE OF VALUE. Trust is a dirty word in investments world. So seem the shit hits the fan...

Aaah - interesting video.
At least I now finally know the reason for building the EU.
Bilderberg - let's have a talk with them

CU,
MaMood
  • #11,691
  • Dec 19, 2009 10:09am Dec 19, 2009 10:09am
Quoting MaMood
Aaah - interesting video.
At least I now finally know the reason for building the EU.
Bilderberg - let's have a talk with them

CU,
MaMood
Hi!

If the forex market is too big to be controlled, (as everybody say)
the world that contains the forex market, how can be controlled?
People that dreams of manipulating and attempts it, there will always be...

But I am very careful with these theories, many of them
have caused immense human damages in Europe.

The new generations think that those tragedies won't repeat.
Naive people...

Don't forget that it is more comfortable to be victim that to be architect of your own life.

Rgs,

Textor
  • #11,692
  • Dec 19, 2009 2:18pm Dec 19, 2009 2:18pm
When the price of oil above $ 100 a barrel,leaked report that the price falls below $ 70 a barrel.Everyone cried that the price of oil will be higher.What did oil?

You can guess from which group of the report leaked.

"conspiracy versus official"
"information versus dezinformation"

regards

PS "General(Elephants) always makes planning"
  • #11,693
  • Dec 19, 2009 4:03pm Dec 19, 2009 4:03pm
I’ve heard it said that the only constant in life is that everything changes. We grow old, things decay; others are born and take their place, and as the cycle of life repeats, quietly, methodically, in the background …… time marches on.

Time; Einstein postulated was the product of mass and motion, meaning first there had to be something and it had to be in a state of motion or change. That change or movement was measurable and is the basis of our time concept.

The case could be made that time started, in the beginning, as God divided the light from the darkness, the day from night; and this became the core of our time understanding.

However, I believe that time was not just the byproduct of creation, but an actual element of it and created by itself. Time is foundational. As we read throughout the Bible and note all the passages and verse that pertain to time - Time was created.

And to a God whose existence predates time and will remain until time exists no more……… time is a gift.

That gift is measured.

This year, more than ever before, I feel the grip of time and it’s ever changing presence. With a son, enlisted in the military and facing overseas deployment next year, I ask myself will this be the last Christmas that our family enjoys together for the next several years. Or Longer?

Then I am faced with the reality that every year, every moment, the uncertainty of the future stares all of us in the face. The only thing we truly know is the moment and the gift of time that we enjoy right now.
Relish that gift, wrap yourself and your loved ones in it, and enjoy this time that you have, and never take it for granted, as time always, always, marches on.

May the Light of Christmas fill us with His love.
  • #11,694
  • Dec 19, 2009 5:05pm Dec 19, 2009 5:05pm
Quoting aiyahmarklah
Regarding patience maybe a mindset change may help, a friend of mind once showed me an article about poker psychology and I find it really helpful for trading, at least for me, let me quote some points form the article. I replaced the word poker with trading.


[color=blue]Patience is what you need waiting in line at the bank, waiting for the light to turn green, waiting for an unproductive meeting to end. In all these cases, you know when your goal-banking, driving, returning to useful work-will be reached. Patience is accepting that your goal...
nice reminder
  • #11,695
  • Dec 19, 2009 5:08pm Dec 19, 2009 5:08pm
Quoting auxesis
I’ve heard it said that the only constant in life is that everything changes. We grow old, things decay; others are born and take their place, and as the cycle of life repeats, quietly, methodically, in the background …… time marches on....
Hi Auxesis,

I wish you many many Christmas with all your family.
It is my most sincere desire for you.

I don't like to talk about politic, but I want that you know following:
thanks to the intervention of American soldiers overseas my family could survived the WWII tragedy.

Kind regards,

Textor
  • #11,696
  • Dec 19, 2009 5:22pm Dec 19, 2009 5:22pm
Quoting Fana
Hi friends. After some time, i have discovered my trading timeframe.1M,5M, and 15M. This is really i like because of my nature. Is here somebody who uses he same?
15M-Trends and breakouts
5M-What is currently happening...
1M-thats from where to execute orders and watch current price actions(nimble, every time able to stop)
Bigger timeframe is for me stress, waiting, i cant bear such prolonged way...
Regards. Fana
Hi fana,

Perhaps already you read the following thing, but I remembered it and I thought that it would help you to read it again.

It is from Musgrove:

http://www.forexfactory.com/showpost...postcount=5367

http://www.forexfactory.com/showpost...postcount=4657

Rgs,

Textor
  • #11,697
  • Dec 19, 2009 5:29pm Dec 19, 2009 5:29pm
Quoting aiyahmarklah
[color=blue]You must be mentally alert and ready for action at all times because at any time, you might have to act. In the meantime, unfavorable betting opportunities are constantly present, tempting you to take foolish chances. Rather than patience, what you need to learn is what I call “deliberate non-action.” You must understand that not acting is one of the most important actions in trading. You must accept the counter-intuitive idea that not taking action is an integral part of the game and essential to your long-range goal...
This is a good reminder, thanks
  • #11,698
  • Edited 1:42pm Dec 20, 2009 12:32am | Edited 1:42pm
Quoting fti
Hi ALL,

Do you know why chet is always sucking away at heli's anus.
It's known as the pyramid effects.

its documented. Is the binderberg effects real. Maybe.
but sure scares the shit out of my portfolio.
I guess Gold and precious metals, seems the only harbour of safety now. A good advice from a super fund manager I know, he always says only real investments is "real" investments, they have to be tangible. But most of all , it must be STORE OF VALUE. Trust is a dirty word in investments world. So seem the shit hits the fan...
I do not no what impact these people have but I do 2nd the buying of metals.

Although, were watching world events unfold, one being the nations laying the ground work for the 8th world power (rev.17:13), speaking of international law above the constitution, new world currency, new world order the 7th world power being Anglo -American dual world power Britain and U.S.

The 8th king will claim to bring peace and security which will be a lie as only gods kingdom can do that. Remember we pray for his kingdom to come ,thy will be done on earth.
People are still deseased, sick, dieing , locking doors, robbery , food shortages etc.

The United Nations the soon to be 8th king ( already fulfilled in part rev.13:14, 17:8, remember league of nations ) will also do away with religion @ (rev.17: 3-5,15) (rev.17:16; 18:21)( rev.17:1 ;18:21).

Which is the start of the great tribulation (rev.19:19-21) as never seen before (matthew 24:21).

Throwing gold into the street ( Ezekiel 7:19) ( Till then Im collecting so send to me. )

And after armeggedon and those ruining the earth and those not following our creaters laws are removed we have the good news at (Rev.21:3,4) Christ 1,000 year rain bringing everything back to gods original perfection and order which then able to turn everything back over to his father (as our heavenly father cannot come in contact with sin1 corinthians 15:24).

Then the bible brings out new scrolls will be opened.
  • #11,699
  • Dec 20, 2009 12:48am Dec 20, 2009 12:48am
Quoting auxesis
I’ve heard it said that the only constant in life is that everything changes. We grow old, things decay; others are born and take their place, and as the cycle of life repeats, quietly, methodically, in the background …… time marches on.

Time; Einstein postulated was the product of mass and motion, meaning first there had to be something and it had to be in a state of motion or change. That change or movement was measurable and is the basis of our time concept.

[font=&quot]The case could be...
Time is speeding up, as the bible tells us time is reduced.
The creator of the heavens and the earth (Isaiah 45:18) tells us there is a hurrying of it (Zephaniah 1:14-18).
May we all continue to gain bible knowledge and live by its principles.
  • #11,700
  • Dec 20, 2009 12:52am Dec 20, 2009 12:52am
looking at the week e/u areas of extra intrest
1.4583
1.4142
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