Triple inside day $/Y, trade the correction continuation, or break south with a schiff. fwiw,

Andrews Pitchfork (Median Line)

Imho, price is neither making new highs or lows, wedgie. Be careful.

Technical Analysis Fallacy

Each weeks opening time gap usually plays havoc on smaller time frame forks. Im watching euro build a small shelf just above last weeks finishing drop. Price is playing a couple of switch back levels. For a small counter trend long, targeting the ...

Andrews Pitchfork (Median Line)

Mamood, You still power dancing?

Technical Analysis Fallacy

The W-Post article will make serious material for Republican guns coming soon as this years election banter heats up. Public outrage should be at a fevered pitch by November. Truly unbelievable, I can see them funding to hold up Fanny and Freddie, ...

Technical Analysis Fallacy

I'm sure your familiar with bet sizing, specially in cards by increasing your size when the count is in your favor. A similar thought is applied here, with the exception that price action is not a random walk (although there's no way we can be 100% ...

Technical Analysis Fallacy

Fana, Everyone of those corrections, started with the formation of a base. A low being put in and then retested and held. Until that happens you do not know the low is in, regardless if it falls on a fib extension or not. It would make sense that ...

TAF Based Trade Discussions

Today maybe. El'crapola' is hitting the fans this week, Euro crumbling, markets in a tizzy. Watch for CB intervention in it continues.

Technical Analysis Fallacy

All is crashing.

Technical Analysis Fallacy

Made some on the Euro short then............ Took a 3.5% hit on the Yen, rescue attempt fell short so I took my lump and will try to get it back later in Tokyo.

Technical Analysis Fallacy

video

Technical Analysis Fallacy

GE, I'm at a loss on what the future holds. Leverage restrictions I can live with, don't like it, and it may force me into different markets where resources required would be safer but will cross that bridge when it gets here. I watched the ag ...

Technical Analysis Fallacy

Piphop, One of the unique aspects of this thread, if a person would study their way through it as presented, is that it deals with much more than the X's and O's of trading namely the mental aspects required to succeed. Part of that process is ...

Technical Analysis Fallacy

Pete, Yep I did ok today, but something important to understand and remember. You don't need to be right to make money in the markets. regards,

Technical Analysis Fallacy

euro pics from earlier

Andrews Pitchfork (Median Line)

I just went short, Who Knows? Just below here coming in 3800 or just a hair below is a important level, aprox.3800 is the 50% retrace of the bull run, while we are not suppose to put weight in the number itself, that's a big level being ...

Technical Analysis Fallacy

You can go the futures route with level II quotes, spot vs. futures are highly correlated. In the spot markets you're in your broke-r's arena, only way to see his book is to work for him.

EURUSD

Yes, they left it unchanged, I think everyone had 4% priced in. Aud/Usd dropped 100 pips in 5 minutes, tears across the boards here: url

Technical Analysis Fallacy

It would be nice to be able to fit the entire forex market into a neat little box, avoid Mondays they don't move, avoid Fridays they are too volatile, London session is good, Asian session is slow, ect, ect........ truth is, while there may be some ...

Trading On A Monday

nice chart

Andrews Pitchfork (Median Line)