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Technical Analysis Fallacy

  • #41,181
  • Jun 25, 2013 3:10am Jun 25, 2013 3:10am
Quoting Saz
{quote} read it, and replied now. Happy?
yeah very happy.

regards
  • #41,182
  • Jun 25, 2013 3:44am Jun 25, 2013 3:44am
anyone else bracing for the potential drop in usd/yen? been waiting for quite sometime
  • #41,183
  • Jun 25, 2013 3:50am Jun 25, 2013 3:50am
Hi WootWoot,
I think the drop just started.
GodSpeed and good trading !
  • #41,184
  • Jun 25, 2013 3:53am Jun 25, 2013 3:53am
yeah after 3 hours watching paint dry would have been more interesting
  • #41,185
  • Jun 25, 2013 3:56am Jun 25, 2013 3:56am
Got in long on the hourly, bad call , now seems like a head and shoulders is developing...
FX patterns are indeed never final.
Will initiate rescue within 35 minutes.
And see how it pans out.
Trying to read price and flow with price.
Good Trading to all my friends here...
  • #41,186
  • Edited 4:20am Jun 25, 2013 3:58am | Edited 4:20am
Quoting Saz
{quote} why would I read 41,166 posts? and more to the point, when? and furthermore, unless you are a moderator, why are you concerned? My actual assumption was that many people would have made the same point already, nevertheless, I am entitled to do so too. The more obvious mistake was the Abraham Lincoln quote "...you can't fool all the people all the time" but I don't want to give the impression I just come here to point out errors in other peoples work. Which is why the bulk of my comment was about gambling, I posted a further explanation...
You only actually needed to read the first post properly and understand the difference between fostered and discovered. You seem very keen to have a discussion on the meaning of the word gambling so I thought you might have paid more attention.

i think it is obvious what the intent behind fti's comment about gambling was, there's no need for a discussion on professional gamblers, who are not, as you rightly point out, gambling in the sense that fti meant when talking about making predictions and taking trades based on indicators.
  • #41,187
  • Jun 25, 2013 4:22am Jun 25, 2013 4:22am
Quoting appleboy
Got in long on the hourly, bad call , now seems like a head and shoulders is developing... FX patterns are indeed never final. Will initiate rescue within 35 minutes. And see how it pans out. Trying to read price and flow with price. Good Trading to all my friends here...
Hope you deployed rescue around 97.00, I booked profits and got in short again
  • #41,188
  • Jun 25, 2013 4:25am Jun 25, 2013 4:25am
I'm not sure I should be trading while I'm on anti-anxiety medication, I keep forgetting whether I have placed a trade or not and on what!
  • #41,189
  • Jun 25, 2013 4:27am Jun 25, 2013 4:27am
Quoting ukmanthailan
I'm not sure I should be trading while I'm on anti-anxiety medication, I keep forgetting whether I have placed a trade or not and on what!
take a rest.

regards
  • #41,190
  • Jun 25, 2013 4:38am Jun 25, 2013 4:38am
Quoting cuthbert
{quote} take a rest. regards
Yeah, I guess I'd better. I only had about 3 hours sleep too. Was up all night rescuing a ridiculous cable short that I have no idea why I thought it was a good idea to take.

Cheers
  • #41,191
  • Jun 25, 2013 5:41am Jun 25, 2013 5:41am
Quoting ukmanthailan
{quote} Yeah, I guess I'd better. I only had about 3 hours sleep too. Was up all night rescuing a ridiculous cable short that I have no idea why I thought it was a good idea to take. Cheers
rest well, uk. u will all fresh for US session!
  • #41,192
  • Jun 25, 2013 7:50am Jun 25, 2013 7:50am
Quoting WootWoot
anyone else bracing for the potential drop in usd/yen? been waiting for quite sometime

well who's got the crystal ball??

V
  • #41,193
  • Jun 25, 2013 8:18am Jun 25, 2013 8:18am
Quoting indianguyinny24
{quote} well who's got the crystal ball?? V
EUR/USD going up tp test 1.3150, GBP/USD to go over 1.55 and USD/JPY down to 97 and under

CB Consumer Confidence comes in at 73.6

New Homes Sales 468
  • #41,194
  • Jun 25, 2013 8:24am Jun 25, 2013 8:24am
  • #41,195
  • Edited 9:06am Jun 25, 2013 8:26am | Edited 9:06am
Quoting ukmanthailan
{quote} EUR/USD going up tp test 1.3150, GBP/USD to go over 1.55 and USD/JPY down to 97 and under CB Consumer Confidence comes in at 73.6 New Homes Sales 468

are you serious???? good joke...

V
  • #41,196
  • Jun 25, 2013 8:28am Jun 25, 2013 8:28am
Quoting indianguyinny24
{quote} are you serious???? V
Not in the least. I think I'd fade all those calls.
  • #41,197
  • Edited 8:40am Jun 25, 2013 8:29am | Edited 8:40am
Quoting fti



V
  • #41,198
  • Jun 25, 2013 8:38am Jun 25, 2013 8:38am
hi chief,

any confirmation of dollar bulls? any manipulations happening? i have a very bullish feel with usd.. am i on track?

short scout at 3121

regards
  • #41,199
  • Jun 25, 2013 9:21am Jun 25, 2013 9:21am
scaled down exposure.
  • #41,200
  • Jun 25, 2013 10:52am Jun 25, 2013 10:52am
I've had it with Alpari. 20 minutes their price feed was down again. This has happened about 5 times in the last month and each time they tell me it is a problem that only affected a small number of accounts - as if that's supposed to make me feel any better!! And why is my account always included in the small number that are affected? If they can't solve a technical issue in 4 weeks, they don't deserve my business, or anybody else's for that matter.



Anybody got any recommendations for a UK based broker with decent spreads and easy deposit / withdrawal facilities?
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