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Technical Analysis Fallacy

  • #12,401
  • Jan 7, 2010 7:26am Jan 7, 2010 7:26am
Show time, $ buying all the way into the news, watch out everyone.
  • #12,402
  • Jan 7, 2010 7:26am Jan 7, 2010 7:26am
Quoting fti
Happy Chinese New Year too.
Happy New Years!
  • #12,403
  • Jan 7, 2010 7:28am Jan 7, 2010 7:28am
Quoting fti
mahes, look at the euro hourly chart, see systemic buying of usd?

doesn't matter which criminal mind is behind it, does it?

one thing is for sure, its systemic and using undue force.
What do they call that when its used on women?

regards
I see ,
but to manipulate u need like massive capital ,
do u think any single marketmakers can attempt such thing ?
or u think many guys (banks) just decided to push it lower so that they can buy it cheap before the NY opens...
To Live is the rarest thing in the world , Most people exist , that is all
  • #12,404
  • Jan 7, 2010 7:37am Jan 7, 2010 7:37am
+1k WOW
  • #12,405
  • Jan 7, 2010 7:43am Jan 7, 2010 7:43am
Scout bought @14 preparing L2 attack
  • #12,406
  • Jan 7, 2010 7:47am Jan 7, 2010 7:47am
Quoting auxesis
Scout bought @14 preparing L2 attack
Did the same thing, 1/2 position long on the E/$ at 1.4318.
  • #12,407
  • Jan 7, 2010 7:49am Jan 7, 2010 7:49am
Quoting GEfx
Did the same thing, 1/2 position long on the E/$ at 1.4318.
Slow action again after the news.
  • #12,408
  • Jan 7, 2010 7:55am Jan 7, 2010 7:55am
Quoting auxesis
Slow action again after the news.
Right, kind of crawling up this hill. I am protecting my entry price now and will kill this off if necessary, but I am leaning north on the euro for the time being. I think it will square up with 4390 during the rest of the day (maybe, maybe not!).
  • #12,409
  • Jan 7, 2010 7:56am Jan 7, 2010 7:56am
Quoting fti
doesn't matter which criminal mind is behind it, does it?

one thing is for sure, its systemic and using undue force.
What do they call that when its used on women?
waging war??

Inserted Video
even with my eyes open i cannot see everything
  • #12,410
  • Jan 7, 2010 7:57am Jan 7, 2010 7:57am
Choppy day for me on GBP/USD today, got 2 more positions to get out, overall in profit, damn intense fighting.
  • #12,411
  • Jan 7, 2010 7:58am Jan 7, 2010 7:58am
Quoting GEfx
Right, kind of crawling up this hill. I am protecting my entry price now and will kill this off if necessary, but I am leaning north on the euro for the time being. I think it will square up with 4390 during the rest of the day (maybe, maybe not!).
If we can get above this last high 4340, i'll feel better, then maybe we can get some stair steps to trade and pay the bills
  • #12,412
  • Jan 7, 2010 7:58am Jan 7, 2010 7:58am
Quoting j-pax
good music to listen to while trading... sounds like victory

http://www.youtube.com/watch?v=6DCdhAfzpPU
ya
I couldn't find my spitfire MKII.
I am sure I parked it here, didn't I?

regards
  • #12,413
  • Jan 7, 2010 8:01am Jan 7, 2010 8:01am
Quoting auxesis
If we can get above this last high 4340, i'll feel better, then maybe we can get some stair steps to trade and pay the bills
Agree with that.
  • #12,414
  • Jan 7, 2010 8:04am Jan 7, 2010 8:04am
Quoting fti
ya
I couldn't find my spitfire MKII.
I am sure I parked it here, didn't I?

regards
oh there it is, geranimo !.
wait for me.
  • #12,415
  • Jan 7, 2010 8:09am Jan 7, 2010 8:09am
scout S @ 93.16

Talk is cheap.
  • #12,416
  • Jan 7, 2010 8:11am Jan 7, 2010 8:11am
scout long euro 14331
  • #12,417
  • Jan 7, 2010 8:12am Jan 7, 2010 8:12am
S L1 @ 93.08
  • #12,418
  • Jan 7, 2010 8:13am Jan 7, 2010 8:13am
Why you chap selling usd against yen
thats the last thing you want sell usd against.
Generally usd/yen is a crosses base , not a good trade vehicle.
  • #12,419
  • Jan 7, 2010 8:14am Jan 7, 2010 8:14am
Quoting fti
scout long euro 14331
Always good to have the Steamroller on your side.

Inserted Video
  • #12,420
  • Jan 7, 2010 8:15am Jan 7, 2010 8:15am
Im out, up 6.1%.

Inserted Video
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