Hi auxesis, glad to hear that today was a profit day for you. Let's keep it going tomorrow! I have to admit that I am not a gold bug. I know that flys in the face of market trends right now. There is a line of thinking that as gold gets higher, ...

Technical Analysis Fallacy

Hi auxesis, hope you had a good day trading, and a good day overall for that matter. I read this article today and thought it was an interesting read on the guys perspective of the current fed policy. There is going to be a price to pay for these ...

Technical Analysis Fallacy

OK, done for the day. Had a great trading day until I got in the $/J, and had to wait for Barry O to finish his speach before the market got me back to breakeven. Tired and done for the day. Even better day now that fti is back!

Technical Analysis Fallacy

Short the e/j again, as the dow and other us equities are getting hit now. Not sure what the driver is but will take it. Really watching the CAD for an entry but the big FA looms in 25 min. fti, are you trading today?

Technical Analysis Fallacy

fti, yes have been short the GBP and E/j today, but now have found the sidelines until Canada FA's are behind us, and will then see if something develops with the $/CAD. Agree with luSan and auxesis that things in US are wierd now. Increasing odds ...

Technical Analysis Fallacy

Hi fti, Good to have you back where you belong, you have been missed. Been short the GBP, and short E/J now, so must stay focused. Back later.

Technical Analysis Fallacy

Gucc, I agree with your conclusion about these two. I have noticed that in FF, there are always a couple of jackasses who feel the need to act up.

Trading with Deadly Accuracy

Hi. Here is a chart of the GBP trades from last Thursday. Sorry about all the fib levels, trend lines, etc. There are three trades in this mess, each going for 40 pips or so. I do not use the limit/stop function on my trading station until I am well ...

pete.alfa journal

If you don't mind, I will post it on your journal so as not to take this thread off track. Otherwise, no problem. Keep in mind that fti taught/performs TA on his charts, but does not let it get in the way of his view of PA. I might post one from ...

TAF Based Trade Discussions

Fana, completely agree with you. Stay focused on what we know works and grow from there. BTW, congrat.s on your new flat.

Technical Analysis Fallacy

Hi guys, though I would share my first trade of the day on Friday. It was on the CAD and was about 30 minutes before a FA on employement in Canada. This announcement was 90 minutes ahead of the US NFP. It is risky to trade ahead of a FA, especially ...

TAF Based Trade Discussions

OK, I stopped trading about 2 hours ago and the market is still moving. A great day trading and many thanks to US NFP. I was short the CAD about 30 minutes before employment data in Canada (1 1/2 hours ahead of US data), and then traded the GBP and ...

Technical Analysis Fallacy

Have I mentioned lately how much I love the $/CAD?

Technical Analysis Fallacy

Just to throw my 2 pips in on the gbp, I agree with auxesis that current pips are found going south. But I agree with some of the analysis presented here that 1.6463 is a level to exercise caution (former resistance and significant fib level) and ...

Trading with Deadly Accuracy

OK, I am done for the day. It took 11 trades to get to my daily objective, grabbing 8-14 pips per trade. Hard way to make a living. Hey auxesis, I started reading the article and got depressed. Good trading everyone. See you at the next London open.

Technical Analysis Fallacy

Happy trading day to everyone. No trades this morning since London open. Seems to be much congestion now, but am watching the GBP/$ for possible entry soon. Only a few announcements later, too. Have to see how this develops today, perhaps a day to ...

Technical Analysis Fallacy

Not using CQG nor am I using free charts. Sorry.

Trading with Deadly Accuracy

Nice job MaMood, it feels good, doesn't it? Keep up the good work! DutchAngel, good to see you back, too. Now, where the heck is fti? Really miss him. Perhaps he will give us an early Christmas present and drop by his old stomping grounds.

Technical Analysis Fallacy

Hi ru, Not me, but why do you ask the question? My approach is to trade my strategy on selected currency pairs each day until I have a loss (per pair) or until I get bored (which occurs more often than a loss), either of which tells me my approach ...

Technical Analysis Fallacy

Happy trading day to everyone, and I hope you all had a great Thanksgiving (those of you in the US). Been a good trading day, but not great, with good trades in the CAD, GBP, and E/J. Just took a 4 pip loss on a follow-up trade in the E/J so its ...

Technical Analysis Fallacy