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Technical Analysis Fallacy

  • #12,421
  • Jan 7, 2010 8:17am Jan 7, 2010 8:17am
Euro is having difficult time in here, but hanging on to this one for a while.
  • #12,422
  • Jan 7, 2010 8:18am Jan 7, 2010 8:18am
bot L1 14341
  • #12,423
  • Jan 7, 2010 8:20am Jan 7, 2010 8:20am
Quoting GEfx
Euro is having difficult time in here, but hanging on to this one for a while.
Not to bring into the conversation Charity's two sisters Faith and Hope, but hopefully we have a slow retrace burn all the way into NY Lunch. It should start to feed on itself.
  • #12,424
  • Jan 7, 2010 8:21am Jan 7, 2010 8:21am
Greetings to fti and the crew
  • #12,425
  • Jan 7, 2010 8:21am Jan 7, 2010 8:21am
bidding L3 @ 14335
  • #12,426
  • Jan 7, 2010 8:26am Jan 7, 2010 8:26am
Quoting belekas
Greetings to fti and the crew
Hi,
What this that I am hearing, you trying to squeeze some money out of traders? Any truth to that belekas?
and saying my training is BS?

regards
  • #12,427
  • Jan 7, 2010 8:27am Jan 7, 2010 8:27am
Added another 1/2 position at 1.4339, protecting 1.1.4328.
  • #12,428
  • Jan 7, 2010 8:28am Jan 7, 2010 8:28am
Quoting fti
Hi,
What this that I am hearing, you trying to squeeze some money out of traders? Any truth to that belekas?

regards
Second time you ask me this whats completely not true. Ask DutchAngel or Piccolo, they know me
  • #12,429
  • Jan 7, 2010 8:30am Jan 7, 2010 8:30am
Quoting belekas
Second time you ask me this whats completely not true. Ask DutchAngel or Piccolo, they know me
ya , first time I asked, you didn't say anything, and went away.
Its been some time.
So how's you doing in the markets?

regards
  • #12,430
  • Jan 7, 2010 8:31am Jan 7, 2010 8:31am
noted chief..

squared off at 92.97
  • #12,431
  • Jan 7, 2010 8:31am Jan 7, 2010 8:31am
partials taken 44, look to add on pull backs
  • #12,432
  • Jan 7, 2010 8:34am Jan 7, 2010 8:34am
Quoting fti
ya , first time I asked, you didn't say anything, and went away.
Its been some time.
So how's you doing in the markets?

regards
Very good, thank you. First trade this year long EUR at 1.43 and still holding. How are you doing?
  • #12,433
  • Jan 7, 2010 8:35am Jan 7, 2010 8:35am
Quoting auxesis
partials taken 44, look to add on pull backs
, I am cautious at these levels.
not skewing up, as trading against figs clueing.
See some road blocks above 50/60 .
Goot see how it pans out there.

regards
  • #12,434
  • Jan 7, 2010 8:38am Jan 7, 2010 8:38am
I am now protecting 4331 (small profit) now and will look for better entry if taken out. That is very tight but given the kind of day no need to push it.
  • #12,435
  • Jan 7, 2010 8:39am Jan 7, 2010 8:39am
L3 bids out
  • #12,436
  • Jan 7, 2010 8:40am Jan 7, 2010 8:40am
Quoting fti
, I am cautious at these levels.
not skewing up, as trading against figs clueing.
See some road blocks above 50/60 .
Goot see how it pans out there.

regards
Yes, I can see the 50/60 resistance, I was wondering if we will see a nice squeeze here before any more north?
  • #12,437
  • Jan 7, 2010 8:41am Jan 7, 2010 8:41am
Quoting fti
, I am cautious at these levels.
not skewing up, as trading against figs clueing.
See some road blocks above 50/60 .
Goot see how it pans out there.

regards
Yep, that 50/60 area is going to be a tough nut to crack. Not going to let this ruin my day so protecting 3 pips above my average entry. Funny thing is, I could make a case to sell right now, too. Wierd.
  • #12,438
  • Jan 7, 2010 8:41am Jan 7, 2010 8:41am
Quoting belekas
Very good, thank you. First trade this year long EUR at 1.43 and still holding. How are you doing?
On a new book, so nothing aggressive.
But book 's good so far.

regards
  • #12,439
  • Jan 7, 2010 8:43am Jan 7, 2010 8:43am
Quoting auxesis
partials taken 44, look to add on pull backs
Doing the same, all out at 1.4350 except for scout at 1.4324

Lets hope it still keeps going to 1.4400 area. That would be nice. Ray
  • #12,440
  • Jan 7, 2010 8:44am Jan 7, 2010 8:44am
Quoting fti
On a new book, so nothing aggressive.
But book 's good so far.

regards
Ok, good trading to you and the crew. See you around.
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