Dont try to pattern yourself after someone else. Everyones brains are wired differently, and are the byproduct of time in the market, the level Jackson is at may not be suitable for you, but if the concept is valid, you can incorporate it at a level ...

Technical Analysis Fallacy

Fana, There's is much power in the skew. but practice it on demo, before you jump out with your money. You need first to learn to ride in the direction of the trend. Don't ride with high skew for very long, your goal is to add as it starts it's ...

Technical Analysis Fallacy

MyTbo, My humble thoughts here, Don't try and guess what the market will do, just watch the charts. It it's going up, higher highs lows, trade it north. The same if it's going down. The market is heavily against the Euro at the moment. While Greece ...

Technical Analysis Fallacy

News blotter out about 30 mins ago, option barriers @ 3500 being targeted, Eastern Euro names have stepped in as buyers just ahead, offers lows 36's for downside pressure. fwiw

Technical Analysis Fallacy

Stan, We may be down, but never out. regards,

Technical Analysis Fallacy

Setebos, The unemployment number is very questionable, the actual government definition, Unemployment rate: The percentage of the economically active population who are not working but want to work and are actively looking for employment. That ...

Technical Analysis Fallacy

really! Unemployment claims, showtime. Good trading everyone.

Technical Analysis Fallacy

Jmho, concerns over Greece and PIIGS in general are known at the moment, Bernacke's comment yesterday implied easing, i.e. Rates increase, at least at the window, while ECU's point to continued low rate holding. Focus is away from Euro for the ...

Technical Analysis Fallacy

That statement makes no sense to me, mega hedge fund I doubt uses a broker, and why would a MM assume the counterparty for such risk. I would think they were hedged or offset. fwiw

Technical Analysis Fallacy

Need to see some separation from the trendline and presence of sellers here very soon, or time to pull the plug Edit: held to see if the double would hold and reset the fork, pulled the plug on the break, few pips loss

Charts

Looking to sell any rallies back into 3700/20

Andrews Pitchfork (Median Line)

Were you long on that yen spike?

Technical Analysis Fallacy

Euro I've been scalping south, as I was very cautious after today's knee jerks. She briefly worked back against the median, but no real retest entry given. We are approaching the area where she exploded earlier today on the news that Greece may have ...

Andrews Pitchfork (Median Line)

Yen follow up. Yen has paralleled the Dollar in the Euro risk movements the last few days. The channel that has held the Yen movements is still going, but there's the possibility that we may be seeing the next move south on the Yen. She's currently ...

Andrews Pitchfork (Median Line)

Lol, Hang on, the talking heads yapping on CNBC, Germany and ECU in talks about loan guarantee for Greece, may not happen till next week, So, it's gone from yes to no to maybe?

Technical Analysis Fallacy

Reports that German officials saying Greece bailout are premature and false. Buckle up the seatbelts to trade this market.

Technical Analysis Fallacy

Hugh bear trap on the Euro, she pokes her head below 695 and bang. Looks like they taking her 3850ish regards

Technical Analysis Fallacy

Jmho, Euro's current correction is making higher highs and higher lows, But on the higher time frame, 60, 240 mins tis' making lower lows and lower highs. I am currently trading north, but I like to draw out the possibilities in advance specially ...

Andrews Pitchfork (Median Line)

Euro seems to be strong this morning with the lack of news and rumors all around speculating on the Greece situation, while the penetration of the .382 retrace of the last bear run seems to be suggesting continuation north to the .50 back around ...

Andrews Pitchfork (Median Line)