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Technical Analysis Fallacy

  • #32,121
  • Mar 14, 2012 9:22am Mar 14, 2012 9:22am
Quoting indianguyinny24
if it was a must read for newbies would be saved with lot of pain ...beautiful....

V
I agree, very well put.

I hope my shortcomings will help someone else avoid the mistakes I made.

Those soon to be rectified.
  • #32,122
  • Mar 14, 2012 12:16pm Mar 14, 2012 12:16pm
book a decent loss with UJ this time...was shorting like anything...thank god EU and aAU saved me book overlall is positive for this week, time to be out of action for some time...

this job and trading both are not mixing well...need to put some thought into it..

wish could get a job as fx trader no matter whats the pay...

again back to my cave thinking what to do...regarding this job and trading ...taking its toll on me...many time i cant rescue bcz i am at work and at times when i trade market moves noting when it moves around london session time to go to sleep...at the end it seems i am just resucing in hourly charts some time...

and cant find this balance yet...dont know .......little depressing/confused..too close still too far...

sorry for my rant..
V
  • #32,123
  • Mar 14, 2012 1:00pm Mar 14, 2012 1:00pm
Quoting indianguyinny24
book a decent loss with UJ this time...was shorting like anything...thank god EU and aAU saved me book overlall is positive for this week, time to be out of action for some time...

this job and trading both are not mixing well...need to put some thought into it..

wish could get a job as fx trader no matter whats the pay...

again back to my cave thinking what to do...regarding this job and trading ...taking its toll on me...many time i cant rescue bcz i am at work and at times when i trade market moves noting when it moves around london session...
I know how you feel... I am in the similar cituation. Therefore I am trading end of Asia and beginning of London... But if need rescue... than trouble... must make decision, because need sleep, not like FTI, he can go without sleep for days...
Take you time, you will find a solution...
  • #32,124
  • Mar 14, 2012 1:46pm Mar 14, 2012 1:46pm
Quoting indianguyinny24
book a decent loss with UJ this time...was shorting like anything...thank god EU and aAU saved me book overlall is positive for this week, time to be out of action for some time...

this job and trading both are not mixing well...need to put some thought into it..

wish could get a job as fx trader no matter whats the pay...

again back to my cave thinking what to do...regarding this job and trading ...taking its toll on me...many time i cant rescue bcz i am at work and at times when i trade market moves noting when it moves around london...
Hi V,
Can I suggest to trade just one pair, it will take away half of your stress. I just trade one pair only and it is much more peaceful. And I also keep some gap while rescue.
Not sure why you were shorting yen, if I have to try yen short I will try near 85, but it is just me not a recommendation.
Regards
  • #32,125
  • Mar 14, 2012 2:16pm Mar 14, 2012 2:16pm
Quoting indianguyinny24
book a decent loss with UJ this time...was shorting like anything...thank god EU and aAU saved me book overlall is positive for this week, time to be out of action for some time...

sorry for my rant..
V
Hey V, what made you short UJ?
  • #32,126
  • Mar 14, 2012 3:16pm Mar 14, 2012 3:16pm
Quoting Zoran
Hey V, what made you short UJ?

Around 82 i saw some sign of weakning...again i was wrong but i had a good rescue(my time window is big when it wnt to below 82 in night) ....but was sleeping......
loosing money is not a problem its this Time pie which i am kinda getting ....
V
  • #32,127
  • Mar 14, 2012 10:31pm Mar 14, 2012 10:31pm
Quoting indianguyinny24
book a decent loss with UJ this time...was shorting like anything...thank god EU and aAU saved me book overlall is positive for this week, time to be out of action for some time...

this job and trading both are not mixing well...need to put some thought into it..

wish could get a job as fx trader no matter whats the pay...

again back to my cave thinking what to do...regarding this job and trading ...taking its toll on me...many time i cant rescue bcz i am at work and at times when i trade market moves noting when it moves around london session...
Hi V,

I totally understand how you feel coz I am going thru' the same/almost the same.

I am sry to hear your struggles.

Just want you to know that you are one guy that I have a lot of respect for. And I firmly believe that you will find a way out of this.

I know that you are one step closer to becoming a real professional. Hang in there my friend.

regards
  • #32,128
  • Mar 15, 2012 1:21am Mar 15, 2012 1:21am
Hi friends,

who is shorting euro??

i am

regards
  • #32,129
  • Mar 15, 2012 2:30am Mar 15, 2012 2:30am
Quoting cuthbert
Hi friends,

who is shorting euro??

i am

regards
dangerous short in euro now.
heli made recording so no Q&A.
so who knows whats the ststus of QE3?
euro's stabalising all across the board.


regards
  • #32,130
  • Mar 15, 2012 3:07am Mar 15, 2012 3:07am
chief thanks

regards
  • #32,131
  • Mar 15, 2012 9:01am Mar 15, 2012 9:01am
Quoting fti
dangerous short in euro now.
heli made recording so no Q&A.
so who knows whats the ststus of QE3?
euro's stabalising all across the board.


regards
Thanks Chief.

zz
  • #32,132
  • Mar 15, 2012 9:50am Mar 15, 2012 9:50am
watch out s n b profitaking.
they seems long 45 e and made news they defending e chf.
saw swiss names buying e and usd then news.
in fact they long then talk market up.
this seems speculator activities or have big gun front running the announcements.
could be latency, but smells fishy to me.

regards
  • #32,133
  • Edited 10:20am Mar 15, 2012 10:08am | Edited 10:20am
Hi Boss. It seems they have guns at .50 Regards
Ah, yes, you already posted 0,45. Sorry...
  • #32,134
  • Mar 15, 2012 10:17am Mar 15, 2012 10:17am
Quoting fti
watch out s n b profitaking.
they seems long 45 e and made news they defending e chf.
saw swiss names buying e and usd then news.
in fact they long then talk market up.
this seems speculator activities or have big gun front running the announcements.
could be latency, but smells fishy to me.

regards
nothing to do today, lets play ping pong.

Inserted Video
  • #32,135
  • Edited 10:34am Mar 15, 2012 10:23am | Edited 10:34am

ECB’s Nowotny: Split in governing council exaggerated by media, climate “very good”


http://beardog321.blogspot.com/2012/...alk-about.html
"The Earth's climate continued to change during 2011 – a year in which unprecedented combinations of extreme weather events killed people and damaged property around the world."

any one knows how's the climate in euro now?
just managed get this.
notice where all the thunderstorms?
Attached Image
  • #32,136
  • Mar 15, 2012 10:29am Mar 15, 2012 10:29am
Quoting simpleman
nothing to do today, lets play ping pong.

http://www.youtube.com/watch?feature...xpbNydFM#t=87s
nope , panda seems very quiet this year.
no ping pong tournaments scheduled.

regards
  • #32,137
  • Mar 15, 2012 10:35am Mar 15, 2012 10:35am
Quoting fti
nope , panda seems very quiet this year.
no ping pong tournaments scheduled.

regards
strange, you people are masters in ping pong.
  • #32,138
  • Mar 15, 2012 10:39am Mar 15, 2012 10:39am
Quoting simpleman
strange, you people are masters in ping pong.
thats not true.
I can never screw the ball, with or without the rubber.

regards
  • #32,139
  • Mar 15, 2012 10:43am Mar 15, 2012 10:43am
Quoting fti
thats not true.
I can never screw the ball, with or without the rubber.

regards
may be next door Neighbour can do it.
  • #32,140
  • Mar 15, 2012 10:50am Mar 15, 2012 10:50am
Quoting simpleman
may be next door Neighbour can do it.
here too windy for pingpong.
here you cannot even shoot basket ball from free throw line.
need calculator triagulate the yaw.
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