Agree with that. It may have a difficult time at 1.6195 so the pull back may still occur. First trade was ok, but would like to get more out of this today. May see some fireworks on other currencies. Waiting and watching (and reading here).

Technical Analysis Fallacy

Wow, lots of chatty talk this morning,,,good to see. I am just out of the GBP/$ and now waiting for the next one to come along. Would like to see a pullback here. Time for a coffee and water the plants just to clear my head. Then, back to focus. ...

Technical Analysis Fallacy

Hi everyone. OK, interesting open shaping up for NY. Love seeing the E/J has nearly squared up yesterdays big move, but not the same for the $/J. E/$ seems to want to move back above 1.4000, or at least try. The G/$ looks a little irrational now, so ...

Technical Analysis Fallacy

I thought this thread would stop after fti's announcement, but it looks like I was wrong. Wonderful day trading. As soon as the S&P 500 cracked 880, the E/Y just took off. Yea! Now waiting for a pullback and then we will see what happens. BOE is ...

Technical Analysis Fallacy

LOL

Does technical analysis work the same in all pairs?

I've been spending a lot of time participating on another thread and have neglected my own thread. It's time to get back to work. I will make some notes on my trading approach and start posting them here (there are many topics to cover), as well as ...

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

I am using FXCM and have been for about 5 years. No problems in all that time. I plan to move my account to FXCM UK while monitoring what other US brokers come up with. For me this issue is having a fast and reliable way to enter stops across ...

NFA - "No more Limit or Stop Loss orders"

Best wishes fti. Sad to see you go but understand your situation. And good luck with your future endevors.

Technical Analysis Fallacy

Thanks for your comment. Was just passing through. Interesting read and I send my best wishes to you all. It would be better if everyone understood that we are trading together here to beat the market, and not trying to beat each other. Cheers!

Jacko's Forex House of Pleasure and Pain

OK, I am going to sign off and focus on the remainder of this move on the E/$. Bias is still up and I think we are just reloading for continuation north. We'll see. Keeping an eye on the E/J as preferred trade, but will have to see what develops. ...

Technical Analysis Fallacy

Out of the long E/$ trades at 4140. May be out too soon, but that is ok.

Technical Analysis Fallacy

I am long the E/$ at 4120 and 4105 for an average of 4113. Lets see where it goes now. Edit: will protect these trades at 4122. Nice surge up now

Technical Analysis Fallacy

Market is very slow now so thought I would check in here. I am not sure what the discussion is about or if there is a question on the table that is being reviewed. Is the question what is going on, or what has happended? fti, how was dinner? It was ...

Technical Analysis Fallacy

Morning to all, and ready for a fresh pot of coffee. Chart work is done and strategy ready for the next few hours. Let's see what the market brings today. Good trading to you all.

Technical Analysis Fallacy

Am long the E/$ at 4081. Will kill this one if move does not come soon. Square on the G/$ trade now, too. Edit: square on the E/$ 4071

Technical Analysis Fallacy

Yes, way late on the entry but at least am in the game. My bad on entry. Edit: Took 1/2 of position off and waiting to see what happens. Someone kick me in the a** for sleeping through the entry.

Technical Analysis Fallacy

Short the G/$ at 1.6552. Pretty late on the entry but will see how far it goes now.

Technical Analysis Fallacy

Second pot of coffee is ready and just finished re-working charts. Bias on the E/$ is north, G/$ is south, E/J is north. The $/J is confusing to me so I will stand aside there. Have squared my north trade on E/J. Waiting for next trade now. Good ...

Technical Analysis Fallacy

Morning everyone, hope you are all well. fti, any lingering effects of the durian from yesterday? Have finished my chart work and set my biases for the next few hours, and now time for a cup of coffee. G/$ has squared its sharp move of a few hours ...

Technical Analysis Fallacy

OK, long the E/Y at 134.55. Man, had to wait long enough for this one. Let's see if it can develop some legs. Will take +10 or +30 which ever comes first. Not going to get greedy at the beginning of the week. OK, now out and finished for the day. ...

Technical Analysis Fallacy