Thinking of taking it long on a pullback into the 4320's, that could change quickly if the bottom of the range fails

Technical Analysis Fallacy

Gro, It depends on the time frame managed, remember the post FTI stated that no position is a position. It is possible that there are times when it is best to step aside.

Technical Analysis Fallacy

Thanks!

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Nice post

Technical Analysis Fallacy

Hahaha, not quite but it helps pay for the party!

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Yes. May have to wait for it to set itself up to go south again. Regards

Technical Analysis Fallacy

Lilpip, Sorry for the delay, on the phone with one of my sons in the military, he's coming home for the holidays, Merry Christmas to me!!! Obviously Euro's headed south, but we seem to have put in a bottom for the time being, we busted out and ...

Technical Analysis Fallacy

Be careful, this seems to be a flight to safety move, rather than some technical pullback on the Euro. Cracks being seen in the Euro model. That being said, there's no knowing the bottom. The last couple of weeks of December can be rather wild as ...

Technical Analysis Fallacy

LOL! Fall out the bottom of the chart....... I cashed in back at 35 and she's still dropping, but I'd start to be careful now. What a nice gift this Asian session has brought us.

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For to us a child is born, to us a son is given; and the government shall be upon his shoulder, and his name shall be called Wonderful Counselor, Mighty God, Everlasting Father, Prince of Peace.

Technical Analysis Fallacy

just some thoughts, hand drawn warning line from the modified schiff, it may not be exact, but it shows the intended idea, also drew in what should be close to the original fork, you had a broken bottom median retest.

Andrews Pitchfork (Median Line)

I just copied the lines and placed them, here's a better look at the m.schiff ( handle moved down and over 50%) and a 50% fib channel, that i normally use to draw schiffs

Andrews Pitchfork (Median Line)

Big Pipin, Think of median sets, a.k.a. pitchforks as a leading channel indicator. The median line represents the 50% retracement of the vector or frequency that is created by the space and distance of 3 alternating reversals ( or better changes of ...

Andrews Pitchfork (Median Line)

Dollar sailing against the Yen and Euro but Pound is video but yes agreed she looks pointed south for the moment

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Will we still have a future? regards

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Cable's is a 5 day 150 pip side ways range, sitting on a powder keg.

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Interesting read from the unhappy liberal left url

Technical Analysis Fallacy

Fana, Do not lock yourself into the thought process of a system, there is no system in this methodology. Historical price action is no guarantee that it will repeat. Drill that into your head.... because price did something last time when it looked ...

Technical Analysis Fallacy

Textbook range break with median target

Andrews Pitchfork (Median Line)

Ran across this video this morning, it moved me very deeply. video

Technical Analysis Fallacy