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Technical Analysis Fallacy

  • #51,821
  • Feb 4, 2015 6:13am Feb 4, 2015 6:13am
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check out the terrain - follow never lead
  • #51,822
  • Feb 4, 2015 6:13am Feb 4, 2015 6:13am
Quoting phil13
scouting U/C now... regards Phil.

out now.... will wait for next usd news before taking another trade.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #51,823
  • Feb 4, 2015 6:29am Feb 4, 2015 6:29am
Quoting phil13
{quote} out now.... will wait for next usd news before taking another trade. regards Phil.
Well done....... - took cable long today after my eur short on the news and using RoK stuff .... my learning continues ........so what will they do with their money now?

Thank you FTI .... lots of lessons in this world... so many more to go .. need to go back refresh AOW (good time)


Regards


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check out the terrain - follow never lead
  • #51,824
  • Feb 4, 2015 6:36am Feb 4, 2015 6:36am
Quoting alexandria
{quote} Well done....... - took cable long today after my eur short on the news and using RoK stuff .... my learning continues ........so what will they do with their money now? Thank you FTI .... lots of lessons in this world... so many more to go .. need to go back refresh AOW (good time) Regards https://www.youtube.com/watch?v=83jyXt8jmHs
Hi Alexandria

, i was also long cable after the news... .

my post earlier about the news probably gave that away .

i have nothing in the market now though.

regards

Phil.

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-be careful about what you allow to be put in your mind-
  • #51,825
  • Feb 4, 2015 6:45am Feb 4, 2015 6:45am
Quoting phil13
{quote} Hi Alexandria , i was also long cable after the news... . my post earlier about the news probably gave that away . regards Phil.
Thank you - me too after news. Although the PMI news from Europe gave game away in advance anyway and that large candle. I did also take a cheeky scout eur long at down thrust rebuff to test where they'd put their money next - out now waitin' on news.

FTI RoK lessons.......what'd we do without them (). Amazing when it starts to sink in..... lots more to learn.. maybe never stop.

Too cold in my garden......
check out the terrain - follow never lead
  • #51,826
  • Feb 4, 2015 9:29am Feb 4, 2015 9:29am
Quoting RelaxRay
Dear all, pls note cny cut its rate. THe next chess piece have been moved. best wishes
Are you Jesus ?? trader de bosta!!!
  • #51,827
  • Feb 5, 2015 1:12am Feb 5, 2015 1:12am
dont make your horses angry har

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  • #51,828
  • Feb 5, 2015 3:23am Feb 5, 2015 3:23am
Quoting trad8
dont make your horses angry har https://www.youtube.com/watch?v=tyBQ...ature=youtu.be

Nice....
check out the terrain - follow never lead
  • #51,829
  • Feb 5, 2015 4:55am Feb 5, 2015 4:55am
Thanks FTI for all the dancing lessons....... must be startin to be more open to the learning...... RoK and dancing......open your mind... much to learn.... I understand "do not force it" message.. need to find Phil's nice warm ant garden....


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check out the terrain - follow never lead
  • #51,830
  • Feb 5, 2015 5:15am Feb 5, 2015 5:15am
Quoting alexandria
Thanks FTI for all the dancing lessons....... must be startin to be more open to the learning...... RoK and dancing......open your mind... much to learn.... I understand "do not force it" message.. need to find Phil's nice warm ant garden.... https://www.youtube.com/watch?v=5akYnlwubDo
Hi Alexandria

sent them to Kew.

outside.
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inside.
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regards

Phil.
-be careful about what you allow to be put in your mind-
  • #51,831
  • Feb 5, 2015 5:31am Feb 5, 2015 5:31am
Quoting phil13
{quote}
Fell for that.....

.........

so that is where you went for some warmth
check out the terrain - follow never lead
  • #51,832
  • Feb 5, 2015 5:34am Feb 5, 2015 5:34am
Quoting alexandria
{quote} Fell for that..... ......... so that is where you went for some warmth
Hi Alexandria

well, they are my special agents (007).....

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #51,833
  • Feb 5, 2015 7:49am Feb 5, 2015 7:49am
went U/C short on the news...out now , may look for more short opportunities there ....

8:30am CAD
Trade Balance
-0.6B -1.2B -0.3B
USD
Trade Balance
-46.6B -38.2B -39.8B
USD
Unemployment Claims
278K 287K 267K

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #51,834
  • Feb 5, 2015 8:02am Feb 5, 2015 8:02am
Quoting phil13
went U/C short on the news...out now , may look for more short opportunities there .... 8:30am CAD Trade Balance -0.6B -1.2B -0.3B USD Trade Balance -46.6B -38.2B -39.8B USD Unemployment Claims 278K 287K 267K regards Phil.

Out for now.... head not in right place now... not sure why ... so out. Maybe do some exercise.. read some AOW

Have a good afternoon my friend.
check out the terrain - follow never lead
  • #51,835
  • Feb 5, 2015 8:14am Feb 5, 2015 8:14am
Quoting alexandria
{quote} Out for now.... head not in right place now... not sure why ... so out. Maybe do some exercise.. read some AOW Have a good afternoon my friend.
Hi Alexandria

OK, take care my friend....... big day tomorrow..... NFP.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #51,836
  • Feb 5, 2015 8:15am Feb 5, 2015 8:15am
Quoting phil13
{quote} Hi Alexandria OK, take care my friend....... big day tomorrow..... NFP. regards Phil.

Yeh... another big lesson coming my way.
check out the terrain - follow never lead
  • #51,837
  • Feb 5, 2015 9:54am Feb 5, 2015 9:54am
done with shorting U/C now... reason = reaction near BRN (big round number), and had enough pips, do not want to let greed creep in.

regards

Phil.

Attached Image
-be careful about what you allow to be put in your mind-
  • #51,838
  • Feb 5, 2015 10:19am Feb 5, 2015 10:19am
Quoting phil13
done with shorting U/C now... reason = reaction near BRN (big round number), and had enough pips, do not want to let greed creep in. regards Phil. {image}

Well done my friend..... .... humility and serenity ... good job.

Regards
check out the terrain - follow never lead
  • #51,839
  • Feb 6, 2015 2:48am Feb 6, 2015 2:48am
scouting A/U....recent news....retrace....looks like buyers entered at about 50% retrace and we have just dipped/tested the beginning of the buying (50 %) again.

..........only problem i see ATM is U/C trying to push higher and it could get sucked up through yesterdays vacuum which is not far above where it is now. lets see how it plays out. could flip over to there if it goes for it. no more news on that pair to suggests it would not do this, but who knows?? market does what it wants to, all we try to do is test and follow.

also eyeing U/J.

got to be very careful not to get trapped in anything and carried into NFP.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #51,840
  • Feb 6, 2015 3:11am Feb 6, 2015 3:11am
Quoting phil13
scouting A/U....recent news....retrace....looks like buyers entered at about 50% retrace and we have just dipped/tested the beginning of the buying (50 %) again. ..........only problem i see ATM is U/C trying to push higher and it could get sucked up through yesterdays vacuum which is not far above where it is now. lets see how it plays out. could flip over to there if it goes for it. no more news on that pair to suggests it would not do this, but who knows?? market does what it wants to, all we try to do is test and follow. also eyeing...

Morning Phil

They are playing gbp + eur/gbp game thought about it but did not go short cable. Wary of NFP trap.
check out the terrain - follow never lead
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