She's moving back to the top of the range for NY opening, expect top side test, will it hold? See what happens, slow news day and markets are getting thin.... trade accordingly

Technical Analysis Fallacy

Patience of Job Never had a durian, guess if I ever get the chance to have one fresh, I won't pass on the opportunity. edit, TIC and Empire reports out in a few minutes, Draghi speaking in an hour see how that stirs the pot

Technical Analysis Fallacy

Did you shoot them durians?

Technical Analysis Fallacy

There's no one formula to answer the question as everything is risk defined, the best answer is the obvious; losing positions should have been exited long ago. However there are times when you're buying the dip or selling the rip, to borrow the ...

How to rescue a losing position?

Most mistakenly adopt the rescue part of the TAF (Technical Analysis Fallacy) thread as the golden goose and focus on that part alone, averaging in and out are the core concept, but the "adding" in profit aspect is more critical to overall success ...

How to rescue a losing position?

Michigan feud was over the state's legislature passing right to work laws, effectively ending an employment monopoly by the unions in that state. Auto manufactures have been opening new plants in other states that have similar legislation, Michigans ...

The Really Useless Thread

Imho....... Using the fib spiral for positioning has some very interesting built in phenomena relating to the distance of entries and their average, there's some good discussion in the thread regarding this if one wants to search. As a rule of thumb ...

Technical Analysis Fallacy

video

The Really Useless Thread

Fwiw.. comparing futures.... the selloff is sharp in contrast to the momentum leading up into it (.i.e angle), read into it what you will. We're sitting at the 50% pullback atm, possible stalling point, but I'd say the market has eyes on that larger ...

The Really Useless Thread

It feels top heavy at the moment, see what happens

The Really Useless Thread

I think others have referenced it already but there's a daily trendline resistance coming in around 3106, drawn from the 9/7 through 10/17 highs. more ammo for your 3100-3120 area. good trading everyone

The Really Useless Thread

Euro, 45ish playing a hard nut to crack for the moment

Technical Analysis Fallacy

Ah, when the learning curve starts to catch up the gems are more meaningful. Cranial Rectis, I'll remember that one. When trending you are trying to catch the end of the retrace to load up on the next follow through,... if you have some still ...

Technical Analysis Fallacy

You trading breakouts?

Technical Analysis Fallacy

I found Glen's (I believe) "Dustbin Trading", doc. I'll give it a good read and study. Thanks.

The Really Useless Thread

Good morning/day/evening everyone, pending where you be, I know there's several here that trade "dustbins", is there a thread or page that explains them? cheers, edit found it, sorry for the lazy question

The Really Useless Thread

A memory game, one person puts out a large series of objects, pocket knife, tooth brush, pencil, etc..... the players have a set amount of time to study the objects, 15 seconds, 1 minute, whatever...... then from memory they have to write down or ...

Technical Analysis Fallacy

Exactly.

Technical Analysis Fallacy

Anyone riding this rocket today?

Technical Analysis Fallacy

Earlier we saw a nice 90 pip drop then rallies and takes out yesterdays 2830 high, pop and now sits there. no conviction either way, just head hunters out, imho Good to see the thread active.

Technical Analysis Fallacy