As I sat here typing this I tried to think of an example where when a student starting lessons, that the teacher starts with the advanced material, without first laying down the foundation (basic’s) to build upon. Leighsww I’m in the dark on how ...

Technical Analysis Fallacy

" "

Technical Analysis Fallacy

" "

Technical Analysis Fallacy

To those here that live in the Asian realm of this big blue orb we all call home, what's the post Olympic thoughts from the populace? Were they a hit? Glad everyone's gone? Curious to hear. regards, a

Technical Analysis Fallacy

Joypips, Just know that everyone else is looking at it too and there will be those who try to long off it's support. It doesn't mean that they will not be squashed either. Price is south at the moment. Ok maybe FTti will chime in on the 3 kingdoms, ...

Technical Analysis Fallacy

Louisiana has the LOOP, Louisiana Offshore Oil Port. For oil coming into the US a good deal of it comes through this port, it's able to handle the big supertankers that cant get into some of the other inland ports. So if this gets shut down or ...

Technical Analysis Fallacy

Lilpip, The expectations were for Gustav to be in the high 4 or 5 category, when it came on shore in Louisiana, main target was New Orleans, instead the hurricane lost power and went more west, that didn't lessen the the oil productions so much but ...

Technical Analysis Fallacy

Price is approaching the levels discussed last week as it has continued south starting the week. Looking to scale into the move or add if price gives the opportunity. See how it goes his week, looking for it to turn tonight/tomorrow.

Morning Coffee Studies

Southernmind, warning lines are equal half measures of the channel (medianline set) that are extended out, and yes they can be drawn as well as sliding parallels if price follows the modified schiff or any apo set. you will find the BC relationship ...

Andrews Pitchfork (Median Line)

Most of the oil platforms in the gulf were evacuated, and now it looks like Gustav is going to hit more west than originally thought. More towards Houston area and is holding at Cat 3. There seems to be a feeling that the Oil production (for the ...

EURUSD

video video

Technical Analysis Fallacy

Yep, price can shoot south blow out the bottom of the channel and head for Antarctica. The Euro Bull has had it's horns chopped off as of late. But I'd be willing to buy Euro for the short haul under those circumstances at the moment, that may ...

Andrews Pitchfork (Median Line)

Euro is setting up nicely and has been playing within the frame work of a descending channel and it’s resulting median line sets, and you can see how it ended the month at a confluence of lines. Two things to take notice on the current PA, price had ...

Andrews Pitchfork (Median Line)

Lol, looks like I pulled the plug way to quick this morning, price is diving the fork nicely. imho, price needs to make a final push coming out of NY lunch and make 4600 to end the week. Doing so She'll be on track to finish off the height of this ...

Morning Coffee Studies

justcatalin, nice setup and chart. From Dr. Andrews and others like Mikula, when price fails to make the center median, the following wave should be larger than the preceding one, simply price should break the point of C or 3rd point of the ...

Andrews Pitchfork (Median Line)

A small short off the roof and upper median retest, spike came on news release, and could not get filled on the top, trade is in +15 atm, set stops to b/e and watch to see if it will break lower support levels edit, stopped out b/e......time for the ...

Morning Coffee Studies

Dont expect much today as it's the start of a long weekend here in the US. Flip side to the coin is it's the last trading day of the month. Thoughs are to keep size small due to possible low liquidity. Looking to play the trigger line of the inside ...

Morning Coffee Studies

Musgrove, Well said, and I might add, everytime you look at the screen, there might not be a reason to trade. My recap of tonights scalps: Price had been in a range, from the fall earlier today, when I had the chance I tried to short it from the ...

Technical Analysis Fallacy

Price has been in a slightly descending range over the last couple of weeks, and going into the extended labor day weekend, the possibility exists that most have already checked out, so watch carefully tomorrow as the market may be thin. looking for ...

Morning Coffee Studies

Lilpip, The Bosses last comment left little to be misinterpreted, my conversation with Lusan sent Fti over the edge, and I am deeply regretful for that. Hopefully after the holidays this weekend Fti will be back to nurture those still willing to ...

Technical Analysis Fallacy