Sorry about your loss, may God bless your family. As for the GBP/$, I tend to give it more room for drawbacks than other currencies, but compensate for the extra room with an adjusted lot size, keeping my potential loss at between 3-5%. If it's ...

Technical Analysis Fallacy

I agree with this and am closing down for the week. Hope you all have a good weekend and see you next week.

Technical Analysis Fallacy

I think the CAD has squared up with the current price level, so will need to see where we go from here. Sounds like we are all waiting for the euro to make a break one way or the other, and the gbp is positioned to make a move now. Just my opinion. ...

Technical Analysis Fallacy

I think the two keys for the GBP are 1.6374 above and 1.6319 below. But, follow PA, no predicting.

Technical Analysis Fallacy

Square on the $/CAD at 1.0691 for a very quick trade. Edit: Square on the GBP/$ at 1.6338 and headed for the sidelines

Technical Analysis Fallacy

Taken a long position on the GBP/$ at 1.6326, and being very tight with it. Edit: Short the $/CAD at 1.0704

Technical Analysis Fallacy

auxesis, I am focused on the 1.4694 area below, and 1.4719 above on the E/$. Waiting for the GBP/$ to form up again, and checking the CAD again, too.

Technical Analysis Fallacy

I am long again on the GBP/$ at 1.6344, and will be very tight on this one, maybe 15 pips, will see. Edit: Square at 1.6335

Technical Analysis Fallacy

Short the $/CAD again at 1.0717. Edit: Square at 1.0700

Technical Analysis Fallacy

Looking at a short position on the E/$. Will get back with the results, if any. Edit: Then again, maybe not such a good idea at this time

Technical Analysis Fallacy

Looking at a long position on the GBP/$ and a short position on the $/CAD soon. Maybe. BAck later with results, if any. Edit: Short the $/CAD at 1.0718, square at 1.0711. Two trades on the GBP/$, one long at 1.6363, the second long at 1.6348. ...

Technical Analysis Fallacy

Happy trading day everyone. Hope you are all trading well. Good to see that fti stopped by and hope he can return soon. I am just now getting started so on the sidelines. Waiting. Time for coffee.

Technical Analysis Fallacy

Happy trading day to you all. Been in and out of several trades and now in a wait mode. Time for some fresh coffee and some fresh air. Seeing some indications of risk appitite returning to the market so let's see what develops now. Good trading ...

Technical Analysis Fallacy

I have been in a long position on the E/J for about 40 minutes now. Hope you are all trading well. Am now square and looking for the E/$ to move. Will take a few minute to get some fresh air and be back in a few minutes.

Technical Analysis Fallacy

Happy trading day to everyone. Busy day so far. Been short the E/J and the $/J after pullbacks, and short the $/CAD on break. Looking forward to a good day. Trade well everyone.

Technical Analysis Fallacy

OK, been trading all day and looking forward to a little more action at Tokyo open. Hope you all had a good day. Have looked in on the thread from time to time today, but did not have much to add to the conversation. Being as opportunistic as i can ...

Technical Analysis Fallacy

I have been trading since the London open, and have had a good day with the E/J and a few others, Just closed a long position on the GBP/$, a rare Tokyo trade for me. I did take most of the afternoon off today, but I think I will call it a Monday. ...

Technical Analysis Fallacy

Here is another trade from this evening on the GBP/$. Basically, the same concept as previously described. Breaking candle (the orange resistance line). Notice the fibs. After breaking candle, the PA hit the .50 fib, which for me adds validity to ...

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

It's been about a month since my last post, so I thought I would throw a few charts in from today trading the E/J. First trade happened around 4:20AM today. This was a breaking, engulfing candle on the 10M chart. My first target is the -1.27 fibo, ...

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

Hi j-pax, This speach was well advertised in the US. Hope you made out ok. I take plenty of breaks during the trading day to re-fresh my coffee and get some fresh air. It helps clear the mind. Best wishes my friend.

Technical Analysis Fallacy