Happy Tokyo trading to everyone. I have been long the E/J at 109.08 and protecting +20 with plenty of room, but thinking about cutting out now at 109.60. My short CAD trade lasted for only a few pips, got a little jumpy (not sure where the nerves ...

Technical Analysis Fallacy

You have failed, you are wrong, and I am now through with you, at least until you grow up and demonstrate some intellegence.

Technical Analysis Fallacy

Like I said in my last post to you, it's time for you to start trading, and then post your successes and failures. This thread is not a class or a text book, it's a real, live learning environment where you read, do, ask, listen, learn, and then ...

Technical Analysis Fallacy

Hi luSan, That sizes it up pretty nicely. I have an eye on 1.2205 to square up the last move, but not sure what would get the euro back there. Let's see what develops and just trade that.

Technical Analysis Fallacy

OK, very tired from a full day of trading. Was very nimble today and I believe luSan would be proud of me -- LOL. Hope you all got on the E/J and CAD bandwagons in the NY afternoon session. From the looks of things, the EU has not figured out what ...

Technical Analysis Fallacy

Let's see here, you danced with the market and got pips, piglet stuck with his shorts and did not make pips. Is that the net of this story? Auxesis, you win! Peglet, stop fighting with us. Post something of significance or please find another thread ...

Technical Analysis Fallacy

OK, been taking retrace profits so far as this moves against the prevailing trend, but am wondering if the northly move is about over. I am back in the E/J going north at 109.66, protecting the entry and will see if you are still pulling back or ...

Technical Analysis Fallacy

Happy trading day to everyone! Looks like the markets have settled down a bit since Tokyo. The prevailing trends are obvious, but the day trend is still up in the air, at least for me. Waiting. Looks like some good discussion today, and wondering if ...

Technical Analysis Fallacy

That may be a good move.

Technical Analysis Fallacy

Yep.

Technical Analysis Fallacy

I am short the E/J at 108.80 Edit: square at 108.60

Technical Analysis Fallacy

And, the Blackhawks are up 3-0 on Phili in the 1st!

Technical Analysis Fallacy

Wow!

Technical Analysis Fallacy

The euro and the gbp have opened with some impressive gapping south (guess bad news is going to be hard to overcome). Pretty easy to trend these things! I will move my trading up to Tokyo this evening and see what develops (would not be surprised to ...

Technical Analysis Fallacy

I loved Ronald Regan's comment which went something like this: How do you tell a good communist? One who has read Marx and Lenin. How do you tell a good capitalist? One who understands Marx and Lenin. Edit: Time to work on my charts. See you at ...

Technical Analysis Fallacy

I have been reading the posts from today and recommend that leon re-read the first 200 pages. The questions seem out of sequence to me. If you do not know how to trend, or how to think about trends on different time compressions, I am not sure why ...

Technical Analysis Fallacy

We have.

Technical Analysis Fallacy

Excellent point. The market has a lot of squaring up to do, so postions left open above current price levels on especially the euro crosses are due for some setbacks soon (of course, not sure when exactly). I posted some thoughts on this last night. ...

Technical Analysis Fallacy

[quote=nubcake;3779176] they may be the best 200 pages in the history of ever, however, it's impossible to comprehend for some, partially readable for some, and perfectly clear to others. combine the length, varying understandability, and the fact ...

Technical Analysis Fallacy

A little chart work for next week. Notice the purple lines that represent levels that must be squared at some point. image image image

(binned per thread starter's request) For What It's Worth