Yea, I waited for them to pull the knife out a bit before entering -- LOL.

Technical Analysis Fallacy

OK, I shorted the E/Y at 132.17 and am protecting a few pips before the upcoming FA. May just square this in a few minutes, before it takes all my profits in one swift move. What a day, they are making us work today! Edit: squared here. Better to ...

Technical Analysis Fallacy

Looks like the yen is getting an early start!

Technical Analysis Fallacy

Right, no market feel = loss of capital for many traders today, so it is best to trade with great care. I am square on the GBP/$ with -- wait for it -- 2 pips!

Technical Analysis Fallacy

Yes, I have an uneasy feel about things right now, because the market feels wrong to me, but I am protecting a few pips on this GBP trade and will see what develops. I do not feel in sync with things right now. Must not hear the music -- LOL. Not ...

Technical Analysis Fallacy

OK, I am short the GBP/$ at 1.6033, with only 1/2 a normal first position. Still a little shaky on the market right now, but will follow this one up on a further break and pull back. Looking at several other possible trades now, too. Focus and fresh ...

Technical Analysis Fallacy

Happy trading day everyone. Just finished my chart work and not a very pretty picture so far today. Hope for some clearer direction soon, just feel like I am chasing (do not like that feeling). Only the $/Y looks ok, but I remain on the sidelines ...

Technical Analysis Fallacy

I know, I played. I said I'd buy. Pardon my tendency to be anal about this kind of thing -- LOL.

Play this game...

IMHO -- you would be foolish to trade given the information provided. What is the time of day and is a FA about to be announced? How does this 1H chart fit into a 4H and Day chart? Where are significant S/R on the 4H and Day? Where the heck are my ...

Play this game...

OK, I have been sitting on the sidelines since NY open, being a bit confused by developments in the market. Early trades saved the day, but caution seems the best mind set for me as the day continues. Hope everyone is trading well. Time for a break; ...

Technical Analysis Fallacy

Happy trading day everyone. fti, it is good to see you back and in full participation. Life is good, at least for all of us, now that you are back. I am having a wonderful 2010 so far, was in the GBP/$ about 30 min ago and am now square, but still ...

Technical Analysis Fallacy

Hi everyone, glad to see a busy thread. Seems there are some traders working here, so will not bother you with idle chatter. Just opened my charts for some high level work, so maybe will be back later. Good trading. Wow, what got into the dollar?

Technical Analysis Fallacy

Hi fti, I am inspired by your words. Let's get 2010 off to a good start. Taking a deep breath and focusing -- LOL. I will do some chart work later today since I have been gone for over a week. Then we dance the dance! Have a good one and see you ...

Technical Analysis Fallacy

Here is a happy thought to start the new year. My mind goes to wierd places when I am skiing -- LOL. Consider the enormous debt levels that the US, Europe, Japan and UK have built up to now, and are planning to build over the next ten years, will ...

Technical Analysis Fallacy

Wow, this is an example of utter ignorance as to what is going on in this thread. Let's stop the world and re-write it so Leon can better understand it before he move on in life. LOL. Leon, I have read lots of threads in FF and understand that ...

Technical Analysis Fallacy

Happy New Year to everyone at TAF. Just got back from skiing in Colorado and managed to not break anything. Looking forward to 2010 and spending time with you all. Bless fti and all those who help keep this thread going.

Technical Analysis Fallacy

This could be a fairly long list of reasons, but perhaps the PA has reached a target and you want to re-load the position at a better price. Could be you are approaching a FA and want to sideline your position. Etc. Best to flow or dance with PA to ...

The Reason why 95% Traders fail

Just finished a quick look at the J16 material. Thanks for the reference to its existance, Bemac. Not sure why there would be so much negative commentary on this material. Seems pretty basic TA stuff to me.

The Reason why 95% Traders fail

OK, check it out and join in with us some time, looking forward to seeing you over there. Good trading!

The Reason why 95% Traders fail

Thanks for the advice. I came to FF for trading discussions and have found it with fti. Best wishes to you and good trading.

The Reason why 95% Traders fail