Actually...I just decided to go flat... So I have no open positions. The M15 analysis might be wrong but there will be always another day to go to war. Let us see Sunday evening. Edit: If PA were above 1.2334 I would go north.But it is not so ...

Lusan Journal III

I think is coming....Take a look at M15. Every time bears push down, the bulls push up and there is a new lower high. Ready for a reversal. I will close my shorts no later than tomorrow if PA cannot break the 1.2216 walls within the next 24 hours. I ...

Lusan Journal III

Understand. Everybody faces his inner dragons. Watch the effect of your position size. Are you over sizing?

Technical Analysis Fallacy

Finally BB stopped talking and PA will move away from 2 days news event. I suspect we will have a reduction in volatility. Nothing that BB said convinced the lady to journey north. I am still selling.

Lusan Journal III

Pa is watching 1.2312 and then 1.2334. If 1.2334 is broken and will begin considering an interim north position. I mean I will still hold a south positional view but I will follow/hedge those positions.

Lusan Journal III

Just in case somebody bet his/herhouse on these analysis. I take no responsiblity. They are placed in my journal as sharing with others what I see as part of my forex learning curve. Yes, I take all these trades and I enter and exit at will Using ...

Lusan Journal III

A crazy days that kiledl many bulls and bears. Still it looks like a range. So I like the range strategy with a south bias.

Lusan Journal III

Guys, just check the monthly chart and come to your own conclusion. If anyone entered short at 1.20, 5 years ago, he would be almost at break even. If entered long on at 1.60 on Sep 2007, the would really be broke. His point, I believe it that in ...

You Can Predict The Market 100% Of Time

Nothing new. PA still not wanting to go north. Huge volatility observed in H4. Gosips on gosips. US retails sales bad, so lets dump the dollar. That seems all about. People gambling in that the FED will do something about. The scary part of M15 is ...

Lusan Journal III

That is good. Happy hunting

Euro/Dollar

Dreams, dreams, dreams, those that believe that know the future find themselves in the pit of hell.

Euro/Dollar

Agree, but not oversizing. I would be inclined to sell it, unless there an important economical news that justify long trading. The Europeans/FED have not given any reason to believe in the salvation of the Euro. Absolutely. Be water, water... Me ...

Lusan Journal III

Today, I began doing a refresher on forex trading. So guess what, I am going back to read the first 200 pages of this thread. I am due. After 5 years of doing this and thousand of hours of bird watching, I should be able to understand better fit's ...

Technical Analysis Fallacy

I keep thinking that there are some computer out there playing forex that read my journals. Look how they got to the South Gate and computed, 'we do not like this door." Now I need to wait to see if they decide to stay within this castle. So, I will ...

Lusan Journal III

Selling this woman. A bunch of levels before reaching the north gate. I guess that many stops will be placed around these levels. Genocide!

Lusan Journal III

Good morning, Kingsw, "The ultimate trading gruide" by John R. Hill is available in Amazon. Chapter 2-6 are worthy; the rest? I would junk it. Cheers,

Technical Analysis Fallacy

E/u is very interesting. But look to your left. I will check tomorrow e/aux. Now bed time. cheers/

Lusan Journal III

This even complicates things even further.

Lusan Journal III

To night plan: Hell or Heaven. Nobody knows. If above 1.2280, I will buy. Risky. If below 1.2230, I will sell. Less Risky. Why? The charts speak by itself. A double bottom forming in the daily? D1 closed higher than yesterday low. See the strong ...

Lusan Journal III