Technical Analysis Fallacy

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ai ya,
they fixed the blades in wrong spot for this lawn mower?
ok , back to the drawing board.

regards

I can not stop laughing

sell 1.33121 out 1.32944, off to lunch. Small move, for possible continuation, continuation seems to have stopped for the meanwhile. Off for lunch

trying squeeze blood out of stone?

Fti

Still awake... Awaiting for FOMC

Take it easy u Fti... U still got plenty of time to earn those ang bao monies

OK,
gear up
Lock and load.
Check Jump cords
all on the bus,
eta 50 mins



oops, wrong debriefing.



ok hook up.

yes... I was tempted to buy on the second test of the support too. The flow tells me to take it...

Same stuff.
You think ! you 're splashed.
watch, FEEL and slide.
stalls, eject.
No second chance.

regards

Hi Friends,

4 minutes left.
I'm very curious if we will get some (s)uprising infos, at least something that has market moving potential ....

We will see ...

CU,
MaMood

does anyone know if the FOMC news is out already? my clock says 20:06 and there is no movement in the market.

20:09 and still no effect...i guess it's a dud so i am off to read the Puff the Magic Dragon to my son before he goes to sleep.

happy trading y'all. regards.

FOMC a non-event so far ...


Just for info:

1909 GMT [Dow Jones] The minutes show Fed officials reckoning the worst of the deflation scare is over. "Most participants expected that underlying measures of inflation would bottom out around current levels and then move gradually higher as the recovery progresses," the document says. ([email protected])

1905 GMT [Dow Jones] Here's the Fed staff outlook on the dollar: "The foreign exchange value of the dollar were projected to be higher, on average, than previously assumed. As a result, although the staff projection showed a higher level of real GDP, the average pace of growth over 2011 and 2012 was little changed from the November forecast, and the unemployment rate was still projected to decline slowly." ([email protected])

1904 GMT [Dow Jones] Minutes of the central bank's Dec. 14 meeting show Fed officials were more optimistic on the growth outlook, with risks of deflation having receded. But they noted there are still lots of downside risks, most notably in housing and from Europe's continued debt crisis.

2:02 (Dow Jones) Fed meeting minutes point to a high bar for the central bank to change its $600B bond-buying program, despite signs the effort may not have worked as policy makers expected. The minutes show Fed officials cottoning to differing explanations for the rise in yields, from year end factors to investors positioning for better economic times. The minutes suggest that whether or not the effort is working the Fed will forge ahead. ([email protected])

operation Market Garden.
A bridge too far.

Fed mum on many issues.
Ground no changes.
Fed remains flexible and in XR mode.
Market clueless and seems have hangover.
BUT they avoided the word..............QE2

Prices at equilibrium.
So goodnite.

oops
careful if short of usd.
trouble brewing in nuclear pakistan.

http://www.reuters.com/article/idUSTRE7010QP20110104

regards

Not sure where i was looking

eyes open e/u 3272,looks like she wants to keep running though she"ll tell us in a minute.

72 holds scouts in, if not another oppertunity later, ready for bed.

Good Morning Friends!

Seems the FOMC minutes have been a real non-event.
Eu has not much moved since it's release.

Ok, will do my daily morning preparation now.
Hope to see yoiu in the markets...

MaMood

Seems markets finding difficulty to start year.
watch size.
ai ya hows the rupee market.

regards

Juts for info:
It may serve as a good summary of the market moves till now ...

[03:15 GMT Jan o5] The EUR/USD opened the Asian session close to the US session at 1.3308 after getting sold off during the US session when the USD broadly moved higher in line with a steep correction lower in commodity prices. The EUR/USD jumped to 1.3325 on a Bloomberg headline quoting a Chinese official saying China was likely to buy more Spanish debt, but fell below 1.3300 on a second headline saying further purchases depended on market conditions. The USD then moved higher across the board led by selling in the AUD/USD and NZD/USD - with the EUR/USD trading down to 1.3264 at one stage. Buyers ahead of support at 1.3250 discouraged attempts higher and the EUR/USD bounced back to 1.3285 heading into the afternoon session. USD sentiment has improved, as the run of better US data has scaled back Fed QE expectations. The EUR is getting some support from hopes the improving EZ data will calm EU debt markets. German Retail Sales and EZ Industrial Orders are out today - while Portugal auctions 600 MLN EUR in 6-month bills. (JN) Copyright 2011 Thomson Reuters - IFRMarkets

0338 GMT [Dow Jones] A thick layer of dollar-selling orders lies between Y82.20-Y82.50, says Shinkin Asset Management senior dealer Jun Kato. Most of these orders are from Japanese exporters, but there are also some related to option deals, he says.
[...]

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