Technical Analysis Fallacy

Hi Kinky

looks like someone started offloading euros again, hopefully your be out soon my friend .

regards

Phil.

thanks Phil.

broke even now.. reducing exposure.. some how the retrace is so strong i feel that might be more downside..

hi kinky

excellent your b/e, well done, looking at the X's in M5 most have M's or inverted V's but with the big boys playing around not sure you can rely on them following through ATM.

i am waiting for next US news and the open, just pulled out of G/C @b/e, so aside again for now. watching the new gap and the remaining stuck longs from yesterday on G/U as well.

regards

Phil.

Good evening frens, hope you are well

looks like bear eating each other??

Hi kinky

Did you stay short E/U with some?? You were right it has continued its fall.

Short A/U @.9357 off @9333
Short G/U @.6980 off @6960

I come out after 20min’s, I had no price or pattern/candle in mind just our attention span fti has spoken about as I am on hit and run today.

Lets see what the US open brings now??

Regards

Phil.

I still hold my eur short/.

you did well, Phil!!

yea.. i did i'm square too now..

got lucky as the news was in favor....

could have been a wipe out for me too..

pa1, looking to test which support? 20/25?

gonna re-enter short if price lingers around 45/55.. i think

don't know but stop loss around..3550 area/.

Hi kinky and priceaction1

great trading with you guys .

thinking about it i am going call it a day, it feels greedy to try to push my luck anymore today.

good luck to you though

regards

Phil.

rest well, my friend!

The Best.
everyone wants to be the best.
But when a bed a breakfast displays that they 6 stars .
then maybe someone should slap the pig, before it becomes a monster.

Sure, in dealing there always times markets gets hairy and prices are hard to find.
That's what market makers are for.
Find the dang market.
But when their management wants to be the best service and make dealers that always have fine prices up keep 6 star status.
When dealers not up to mark and deficient or unskillful.
Then deficient market makers and IT colludes to switch off consoles when they have no back to back prices.
This becomes big question mark on their market risk and intergity.
This esp so if small unmarketable tickets are depending on them and only have 1 point of access to markets.
Switching off console is mark of untiered corps.(lowest level dogs.)
These peeps cannot deal with their risk and are very unprofessional to their customers.
Maybe the manament should reaccess if they have right peeps in their rooms.
Although have good perspective to trying provide professional services. But the peeps are not living up to management expectations.
The only good thing is they doing all book sizes, which how a professional foreign exchange dealer should do.
BUT
So don't tell me oanda best this best that.
The publication publish that is in same ahfufatt class. olo
so peeps be careful your market access risk.
i drop em risk line outlook -50% of book already.

I don't like peeps who switch off consoles every time markets gets fast.
try make wider spreads. Looks more professional than switching off console to escape responsibility.
Thats for no class dealers, who not know how to deal.

And don't think this 1 off event, i seen enough to conclude.
There was 1 big event, where claimed sever overload. They admitted on their part it happened.
had many claims which i hope they honoured.
But it cannot continue like this. every time markets fast , consoles switch off. no balls or no expertise manage?

of so many broking, i was begining respect this one, but i am now getting so disappointed.

In accessing broking, peeps shoulld not only analyse how fine the spreads, also need look at how stable the pricing and how much console down time experienced. esp during fast markets and wide market periods.

So again, is wisdom have more than 1 broking. Interbank peeps have at least 4-7 interbank broking, not counting direct dealing.

regards

oh and the manipulator, the bastard escaped this round, rioted market to escape. Next one may just lkill him.

Good morning friend, sent you something to look see

btw, what you mean by drop em risk line outlook -50% ?

@pricea having lots feeds is good.
but too many makes redundancy, some feeds are ducplicates of same principals.

If have 1 to 3 good dealing tier feeds is already sufficient.
There is no best.
everyone have peculiarity incidents they try to deal with from time to time.

for those learning and trading very small to learn, is little consiquences in the learning curve yet.
but when active try have at least 1 and 1 auxiliary, just in case.

regards

means business with thenm drops 50% size due to access risk.
which goes to other feeds.

and regarding feeds. refer reply to pricea.

is easier if no credit is required from broker.
and is easier move business around.

support good brokers.
let the errant ones starve.
some are not errant, just deficient. But we cannot do anything help them if they substandards. Its their business.
Like the song says, " is difficult fat woman OB cha cha."

I won't be trading today, the stress is not good for me.
trade carefully ok.
the markets coiled. because went thru a a fuxing time.
so will be snappy at best. but we know where topping zones are at.


regards

good morning friends (6:55 PST)

ah,
acceptable way to live.
acceptable way to die.
acceptable way to make money.
not acceptable ways to make money.

this very acceptable way to live.

Your home?pricea?

regards

i still dreaming.
but i know there no way for me live like that already.
anyway, my way now also not bad.
Live like that also difficult for my dogs.
no place to poop.

but would definately enjoy building my own power system and water extraction from air.
seems someone already designed power generation from underwater currents.

did i tell you about 1 treasury manager in sg.
His whole family lives on a ship.
docked at keppel harbour. is some where on thread.
i no energy search for it.

big loss , sails to escape?
lucky not happened.


regards

not in this pic. it is my dream.
though look like it.

haha.. what a good idea.. escaper plan by your doorstep









best not meet this kinda of sea state when escaping..