Well done, Leon. See you when you have finished your reading/studying. Please consider the idea about clearing your mind before you get started. It's difficult to unlearn what you know, but try to make room for what you are about to go through. Best ...

Technical Analysis Fallacy

Because it is easier to proclaim that it won't/can't work, or that it isn't clear, or that blah blah blah, than it is to put in the work and ask intellegent questions. Maybe it's best to ignore them, or perhaps we should put together a standard ...

Technical Analysis Fallacy

Agree with that. I am being quick and nimble today becasue it's Friday, just trading rather than taking poistions. I may be done for the day/week, but will hang in for a little longer to see if something else develops. Take care!

Technical Analysis Fallacy

Wow, crazy day so far. I am looking at the following for trades going south; E/$ - 1.2095; GBP/$ - 1.4650; and E/Y - 111.58. These are minimum levels and are not predictive, but represent sufficient pull back/squaring up for possible trade. Trade ...

Technical Analysis Fallacy

News items on CNBC: Hungary added to the list of countries needing restructuring of debt; big French bank in trouble with trading losses; HSBC downgrades Europe (except England) due to concerns about banks; SNB letting the franc climb on the euro. ...

Technical Analysis Fallacy

Agree with Setebos. I am very happy for dongsky and his success, and would also like to see a picture. I love Jaguars, but am a BMW man myself! Nice job, dongsky!

Technical Analysis Fallacy

Happy trading day everyone! Big FA coming up in about 3 hrs and 15 minutes, but similar announcement (employment data) for Canada is in 1 hour 45 minutes, so if you track the CAD, your announcemnt is coming soon. I am moving with caution until then. ...

Technical Analysis Fallacy

GBP trades from today (4 in all). Nice move south after breaking a 1H up trend line. Entries are on approx. hits of 50% retracements. Trade 'em until they stop trending! image

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

Hope you are all trading well today. I am in two trades on the GBP/$ going south as we approach a test level at 1.4619 and will take profits now. Will consider another entry on the pull back at maybe 4650'ish. Edit: entered a third trade at 1.4649 ...

Technical Analysis Fallacy

Happy trading day everyone. Some big FA's today and especially tomorrow, as the market has now retraced against the prevailing trend on the GBP/$, E/$, etc. I have the market now consolidating a bit and am waiting for further developments, sitting ...

Technical Analysis Fallacy

Leon, that was a pretty weak response. You seem to be one of these failed forex traders who just likes to cause trouble. You are not smart enough to challenge anyone here, and you have about zero chance of gaining any respect. There are plenty of ...

Technical Analysis Fallacy

You were rude and out of line making grammer suggestions to xtsunami, so please help me better understand what you are saying in your post. Do you want somebody to "try and condense" or to "try to condense" what they have learned here? Your grammer ...

Technical Analysis Fallacy

fti, God bless you. This thread will be nothing without you, but I will check back from time to time to drop you a note. Please ignore the sniffing dogs who stop by here, offering their mindless and meaningless comments about your contribution and ...

Technical Analysis Fallacy

OK, been trading the $/CAD all morning now and am about to move to the sidelines. Several nice moves south after pull backs. Been watching the GBP, too, but it makes me nervous as it moves with the CAD. Euro seems comfortable right where it is but ...

Technical Analysis Fallacy

Happy trading day to everyone. Been a quiet day for me so far, with only two trades, one on the $/CAD, and one on the GBP/$. Just breaking even so far. I have the CAD and the GBP moving in the same direction now, which is wierd. Let's see how the ...

Technical Analysis Fallacy

LOL. Don't you have a time machine?

Technical Analysis Fallacy

I think just sit tight for now, the thread will get back on track soon.

Technical Analysis Fallacy

Taking a break now and feel a bit out of the PA, so will find some fresh coffee and some fresh air and get back to it in about 20 minutes. I like this euro move and the GBP keeps moving along. REally enjoy your music posts, they are very much ...

Technical Analysis Fallacy

Thanks fti, I wish I spoke the language. Hope you are well.

Technical Analysis Fallacy

I have been in two additional GBP/$ trades since exiting my first for 30 pips each. I am skipping this last opportunity on the GBP and switching gears here a bit. Trade well.

Technical Analysis Fallacy