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Technical Analysis Fallacy

  • #11,881
  • Jan 3, 2010 6:13pm Jan 3, 2010 6:13pm
maybe I had too much wine tonight!
I am selling Dollars!
so a short walk to hell while I start the year
Empty as water and soft as a facing wind mountain
  • #11,882
  • Jan 3, 2010 6:15pm Jan 3, 2010 6:15pm
i didn't had wine , and I am selling usd

3rd test 95
over shot 88
now 95 supports
  • #11,883
  • Jan 3, 2010 6:16pm Jan 3, 2010 6:16pm
Quoting fti
i didn't had wine , and I am selling usd
.
Empty as water and soft as a facing wind mountain
  • #11,884
  • Jan 3, 2010 6:22pm Jan 3, 2010 6:22pm
Quoting luSan
.
they wanna kick my ass , better kick now,
next buying of euro will send her on flight.


seems today we dancing jittersbug.
  • #11,885
  • Jan 3, 2010 6:28pm Jan 3, 2010 6:28pm
Quoting fti
they wanna kick my ass , better kick now,
next buying of euro will send her on flight.


seems today we dancing jittersbug.
I love your training, man.
I jumped in and I just collected 2X. I am riding the scout only.
I will just ride and see what Euro want to tell me.
Empty as water and soft as a facing wind mountain
  • #11,886
  • Jan 3, 2010 6:32pm Jan 3, 2010 6:32pm
Quoting luSan
I love your training, man.
I jumped in and I just collected 2X. I am riding the scout only.
I will just ride and see what Euro want to tell me.
ya todays not day to get too adventurous.
we trying to establish where the support is.


everyones getting buy cheap euros except me.
  • #11,887
  • Jan 3, 2010 6:35pm Jan 3, 2010 6:35pm
Quoting fti
)


ai ya, not that there is no real ss/dd driver. Just that, that happens at apex levels. Your price rigidity is dependent on you brokers books and can be shaded anywhere between 25 to 50 pips from my findings.
Chief what are shades.. thought to ask u then assume.....

V
  • #11,888
  • Jan 3, 2010 6:40pm Jan 3, 2010 6:40pm
Quoting indianguyinny24
Chief what are shades.. thought to ask u then assume.....

V
shading is the pricing action whereby dealers price away from suspecting buyers or sellers

they shade up if they think you are buyers, and shade the prices down if the suspect that your are sellers.

retail computers need not "suspect", your blotter are open books to them and your mouse location gives your intentions away.
  • #11,889
  • Jan 3, 2010 6:48pm Jan 3, 2010 6:48pm
seems we awaiting , filing of flight plans for now
her testing the 95 handle had been extensive

waitinf for seat belt lights to be switched on.
  • #11,890
  • Jan 3, 2010 7:02pm Jan 3, 2010 7:02pm
Hi everyone, glad to see a busy thread. Seems there are some traders working here, so will not bother you with idle chatter. Just opened my charts for some high level work, so maybe will be back later. Good trading. Wow, what got into the dollar?
  • #11,891
  • Jan 3, 2010 7:05pm Jan 3, 2010 7:05pm
Quoting GEfx
Hi everyone, glad to see a busy thread. Seems there are some traders working here, so will not bother you with idle chatter. Just opened my charts for some high level work, so maybe will be back later. Good trading. Wow, what got into the dollar?
Sweeping Thursday low perhaps
  • #11,892
  • Jan 3, 2010 7:07pm Jan 3, 2010 7:07pm
bot L3 x euro x 14274
  • #11,893
  • Jan 3, 2010 7:08pm Jan 3, 2010 7:08pm
Quoting fti
bot L3 x euro x 14274
scary chief. Darn coincidence.
I bought 2x at 1.4275
Empty as water and soft as a facing wind mountain
  • #11,894
  • Jan 3, 2010 7:34pm Jan 3, 2010 7:34pm
4290 seems to be holding resistance, be careful
  • #11,895
  • Jan 3, 2010 7:40pm Jan 3, 2010 7:40pm
Quoting luSan
scary chief. Darn coincidence.
I bought 2x at 1.4275

Errrm buying on a down trend, first trading day of the new year, on a sunday night where 200pip moves are frequently, really isn't advisable.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #11,896
  • Jan 3, 2010 7:47pm Jan 3, 2010 7:47pm
Quoting Turveyd
Errrm buying on a down trend, first trading day of the new year, on a sunday night where 200pip moves are frequently, really isn't advisable.
yep...let me have more wine
Empty as water and soft as a facing wind mountain
  • #11,897
  • Jan 3, 2010 7:57pm Jan 3, 2010 7:57pm
Quoting Turveyd
Errrm buying on a down trend, first trading day of the new year, on a sunday night where 200pip moves are frequently, really isn't advisable.
Are you sure it's a down trend?
  • #11,898
  • Jan 3, 2010 8:10pm Jan 3, 2010 8:10pm
Quoting imjscn
Are you sure it's a down trend?

Short term immediate direction at the time was down fully.

Currently, immediate and short is up, medium and long term still down.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #11,899
  • Jan 3, 2010 8:14pm Jan 3, 2010 8:14pm
Quoting Turveyd
Short term immediate direction at the time was down fully.

Currently, immediate and short is up, medium and long term still down.
Current move is still down, 4290 level is about to be breached until then or follow through of 4260 fails we are down or possibly setting up a small range if both levels hold.

fwiw

edit; north entries earlier were taken as supports seemed valid until broken, larger picture prior consolidation between 4230/70 is acting as support
  • #11,900
  • Jan 3, 2010 8:14pm Jan 3, 2010 8:14pm
Quoting Turveyd
Short term immediate direction at the time was down fully.

Currently, immediate and short is up, medium and long term still down.
ai ya, so many terms, how to trade.
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