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Technical Analysis Fallacy

  • #21,361
  • Jan 6, 2011 5:05am Jan 6, 2011 5:05am
Quoting GEfx
Nice trade -- you made 25 pips and that is great. Keep it up, but not sure why you are not still in it. Good trading...
@ Neils,

Thanks mate, I'm watching closely you progres in the trading contest. I have sort of a strong desire for you to win, don't know where it comes from LOL

@GEfx and All

I'm still in that trade! Just that firstly I was riding the flow to the upside , coverd when time was right and revers to follow the flow to the downside

the road is open for both direction, so I'm prepare to follow the flow wherever it goes. I do have my bias for today action and still expecting a continuation of yestarday move, for the dollar to advance, there is a space that was created and all the condition are favorable, but have to emphasis that I'm prepare for any kind of movement that she will make.

The "time window" terminology I'm using myself in my trading operations but not sure if it means the same as what you may think,is the first time when I see this terminology used, by anyone else. I'm using it based on my one observations.

Many things I found appealing to me from this thread

all the best!
  • #21,362
  • Jan 6, 2011 5:07am Jan 6, 2011 5:07am
Quoting GEfx
Nice trade -- you made 25 pips and that is great. Keep it up, but not sure why you are not still in it. Good trading...
... "first fish is caught in a network and no scout is only torment" ...
  • #21,363
  • Jan 6, 2011 5:10am Jan 6, 2011 5:10am
Quoting triger88990
@ Neils,

Thanks mate, I'm watching closely you progres in the trading contest. I have sort of a strong desire for you to win, don't know where it comes from LOL

[...]

Many things I found appealing to me from this thread

all the best!
Thanx for your encouraging "desire".
Will do my best ....

Niels
  • #21,364
  • Jan 6, 2011 5:12am Jan 6, 2011 5:12am
Inserted Video
  • #21,365
  • Jan 6, 2011 5:13am Jan 6, 2011 5:13am
Juts for info:
Greek PM is on the wires again ...

.
Attached Image
  • #21,366
  • Jan 6, 2011 5:15am Jan 6, 2011 5:15am
Quoting fti
http://www.youtube.com/watch?v=oykszgHaKhs
Aaah - some language training
  • #21,367
  • Jan 6, 2011 5:23am Jan 6, 2011 5:23am
Quoting fti
http://www.youtube.com/watch?v=oykszgHaKhs
good timing
  • #21,368
  • Jan 6, 2011 5:26am Jan 6, 2011 5:26am
Is cable is getting ready for the next leg down?
But may need some more time of observation ...
  • #21,369
  • Jan 6, 2011 5:28am Jan 6, 2011 5:28am
Quoting MaMood
Is cable is getting ready for the next leg down?
But may need some more time of observation ...
My personal feeling for now is euro long... but ... who knows...
  • #21,370
  • Jan 6, 2011 5:33am Jan 6, 2011 5:33am
just watch out crude oil she will drop off the cliff hard (or a rebound is due to hold momentum back), already in 92.23 was mine, time space and the conditions allow for a continuation lower

already speak to much, back to my cave

all the best!
  • #21,371
  • Jan 6, 2011 5:34am Jan 6, 2011 5:34am
Quoting MaMood
Is cable is getting ready for the next leg down?
But may need some more time of observation ...
Just finished my analysis of cable and I have it as a big wait trade. I tend to think it's headed south but there are a few issues that need to be delt with first, and since I am not in it as trigger88990, then it's best for me to wait a bit longer for better levels. Later...
  • #21,372
  • Jan 6, 2011 5:36am Jan 6, 2011 5:36am
Quoting triger88990
just watch out crude oil she will drop off the cliff hard (or a rebound is due to hold momentum back), already in 92.23 was mine, time space and the conditions allow for a continuation lower

already speak to much, back to my cave

all the best!
I taste the coffee ...
  • #21,373
  • Jan 6, 2011 5:38am Jan 6, 2011 5:38am
the market already cracked. usd bulls in charge.
their last line of defence is euro cable bullshiting.
when that cracks all hell comes in 1 avalanche.


markets still thin and manipylated.
  • #21,374
  • Jan 6, 2011 5:43am Jan 6, 2011 5:43am
Thanx friends for sharing your opinions ...
Prepared for jump in, but waiting patient till M5 momentum increases again ..

BTW: Have an eye on oil too.
  • #21,375
  • Jan 6, 2011 5:45am Jan 6, 2011 5:45am
Checking the news atm.

Interesting that not many journalist are reflecting on the UJ 90 thingy.
Most of them agree on a falling YEN.
But noone is relating to that statement ...
  • #21,376
  • Jan 6, 2011 5:48am Jan 6, 2011 5:48am
Thanks fti for the amazing thread and for sharing the truth with us, reading it from pg1-100 for the third time trying to nail down my dancing steps. Thank you.
  • #21,377
  • Jan 6, 2011 5:49am Jan 6, 2011 5:49am

Inserted Video


  • #21,378
  • Edited 6:19am Jan 6, 2011 6:06am | Edited 6:19am
French Prime Minister Francois Fillon to tougher regulation of markets.


I suggest full regulation, no trading is best.
yes, peg the french franc.
oops whatever happen to that?
Anyone have french franc I can borrow?
  • #21,379
  • Jan 6, 2011 6:08am Jan 6, 2011 6:08am
Quoting fti
French Prime Minister Francois Fillon to tougher regulation of markets.


I suggest full regulation, no trading is best.
I knew it ... UFO!!! ........... Unidentified Financial Obscure?
  • #21,380
  • Jan 6, 2011 6:15am Jan 6, 2011 6:15am
Hey Friends,

do you all know jessica alba?
Or am I the only one who thought that this is the picture of Triger88990?
http://www.forexfactory.com/triger88990

Sorry Triger!!!!


Niels
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