Yep, All that and poor gas mileage, (read extreme sarcasm) and that's why everyone wants to come here. Have a great day.

EURUSD

American's don't see themselves better than anyone else, they are just proud of their Country, Yes there's a lot of anti-American sentiment out there, until some catastrophe hits, then we can't get there quick enough. Proud to be an American.

EURUSD

Here's a Bloomberg link, other news sources have said the same. url

EURUSD

Swiss have been making it interesting today. Market will get scared, Owners starting to get involved. Trade extra nimble, to survive. regards

Technical Analysis Fallacy

Swiss Central Bank has been intervening in the markets today.

EURUSD

Jmho, When looking from a longer perspective, we are probably in a wide correction taking back to the resisting side of the channel. don't be surprised if we see more of this kind of jerky trading. While the Euro has lost all it's luster, it won't ...

EURUSD

It's the nature of the markets lately, herd gets spooked easily and starts running. Don't try and guess where it will end or give up just because it starts to slow. Until it breaks back stay with it. While daily 3840 needed to break for a full ...

Technical Analysis Fallacy

Another round of news figures coming out here in a few minutes, heads up everyone

Technical Analysis Fallacy

Fana, Imho, people want to be right, yes. As traders, to enter a trade, there has to be some reason why you would put at risk your hard earned money. Long or short, enter here or there, our brains have come to some conclusion that this is the ...

Technical Analysis Fallacy

When charting Gold, and other commodities, stocks, ect... watch your natural square numbers. At times you may need to shift the decimal as in silver but gold works great with the whole numbers. Dashed lines are eyeballed midlevels, they may be off a ...

Gold Discussion

Thanks, Yes that seems to be the case. You having a big Party this week?

Technical Analysis Fallacy

Happy Day Everyone, And a Happy New Years FTI, Holiday here in the US today. Lets see where if any they want to go today. regards

Technical Analysis Fallacy

Baifu, Personal observations here, when a move ends it normally retraces back a minimum 25-35%, or forms a range based off a close high or low near the end of the run. I try not to get caught up on the exact price level on fibs and such and can ...

Technical Analysis Fallacy

Robertw, I will be the first one to admit there's no right or wrong, only profit and loss in this business. To that end, everyone is responsible for their own success or failure, following someone over the cliff is no ones fault but your own. If you ...

Technical Analysis Fallacy

Baifu, Are referring to this post? url

Technical Analysis Fallacy

Yes, If price makes a impulsive move (TRENDING) and I enter my scout on the following correction: many variables but, If I'm early and price retraces more, as long as I view that I'm still in correction and haven't retraced back past the start of ...

Technical Analysis Fallacy

Fana, We are suppose to gather resources as we go along, profits booked can be used as cushion for troops in the battle, but if you double up and double down continuously you will end back at zero, minus the spread. So some profit needs to be that, ...

Technical Analysis Fallacy

Baifu, Firstly, I'm just a student of the markets so take what I say and study for yourself, FTI is the only one here to take at face value, everyone else is interpretation. Fib progression grows @ 1.618, in doing so you will keep your ...

Technical Analysis Fallacy

What leverage you trading? Even if you could enter 1 standard lot for the scout, what next? Sorry that's a train wreck waiting to happen.

Technical Analysis Fallacy

Pete, Scout size is proportional to your account size, not daily objective. Think about this, most people here doing ants work trying to for a minimum return of 1-2% a day. How big is your book? 10K account 1% = $100.00 1% daily consistently, that's ...

Technical Analysis Fallacy