OK, will post the final trade of the day in a while after the limit is hit. I am long the GBP/$ at 1.5643 on the first touch of the .618 fib retracement, targeting 1.5673. Nearly there. Chart posted soon.

(binned per thread starter’s request) GEfx Trading Journal

I target fib extensions for profit, and in this case was looking also at the 1.3000 number that was around the -.618 and -.786. If you look at where the market eventually landed, it was on the -1.27 at 1.2984. I overlap this with some other TA that ...

(binned per thread starter’s request) GEfx Trading Journal

Thought I'd post my first trade of the day on the E/$. image

(binned per thread starter’s request) GEfx Trading Journal

This is a joke, right?

What should have happened...

Posting one trade from today, the only real trending situation I could find today, on the $/CHF. image

(binned per thread starter’s request) GEfx Trading Journal

OK, I am done for the day and square on the $/CHF at 1.0402. Also got some pips on the E/$ but just a few. Good trading everyone.

Technical Analysis Fallacy

Happy trading day to everyone. Glad to see fti posting this week, and hope you are well my friend. Been monitoring the music posts and enjoying them during these summer trading days, and thanks to everyone for contributing. Summer trading (July - ...

Technical Analysis Fallacy

Posting two E/$ trades from today. image image image Results: trade 1 resulted in 40 pips, as did trade 2. Trade 1 and 2 together had a R:R of over 1:5, so was in a really good situation when trade 2 joined trade 1! image

(binned per thread starter’s request) GEfx Trading Journal

No, 10M not 5M.

Technical Analysis Fallacy

Sorry Fana, but I do not want to open a can of worms here, and my post last night was more the result of too much wine than critical thinking on my part. No charts from me on this one, but your question opens the door to one of the top 3-4 skills ...

Technical Analysis Fallacy

Yes. My trades are designed to be right big and wrong small. No, but when a stop is hit, it tells me something about my next possible trade. Is this way, a small loss is often a sign to a large gain.

(binned per thread starter’s request) GEfx Trading Journal

Euro trades on 7/20/2010: image Here is the big analysis of the retracement trade: image

(binned per thread starter’s request) GEfx Trading Journal

From your posts you seem to do OK. I traded this today, north at first and got only 5 pips, but then south on the reversal pattern and had three trades going until the south move was over, then took a 1/2 position on the reversal pattern at the ...

Technical Analysis Fallacy

Been trading the euro and cad this morning and just now getting to read up on FF stuff. Wow, was surprised at the long reply to my little post. Let me expand just a bit on my post. First, I have not conducted an expansive study of charting software ...

Is a candle that opens and closes at the same price bullish, bearish, or neutral?

My 2 pips on your question. The doji candle that you describe can mean several things, depending on where it is located in relations to the previous candles, and the length of the tails. It is generally thought to mean that there is indecision in ...

Is a candle that opens and closes at the same price bullish, bearish, or neutral?

[quote=fti;3869239] If you need help PM me on FF and I will see what is within my capacity to help. quote] Hi fti, I would love to PM you sometime, but I do not see a PM thing on your profile. Hope you are trading well and feeling the same.

Technical Analysis Fallacy

Thanks, and I am looking forward to reading your posts. Have a good vacation.

The Fundamental Error of Elliott Wave Theory

I completely agree, and congrats on your performance.

The Fundamental Error of Elliott Wave Theory

This thread has developed a familiar pattern of responses to the opening post. First, a few people try to provide honest answers or responses to the question or issue that is being developed by the author of the thread. Next, the negative comments ...

The Fundamental Error of Elliott Wave Theory

Hi auxesis, hope you are trading well. Yen had a nice move down this morning and I hope you were in it. Take care.

Aux's Asylum