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auxesis replied Sep 16, 2009I have to laugh, I had tuned in on CNBC listening to the last of the bearish Dow spokespeople finally give up and turn neutral to bullish......... get ready for a fall.
Technical Analysis Fallacy
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auxesis replied Sep 16, 2009Several rounds of fig's coming out here, first round at the half hour (10 mins) then TIC data at the top 40mins away. It might be very volatile at the start, but will probably wait for the 2nd round of figs before it shows its hand, be careful and ...
Technical Analysis Fallacy
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auxesis replied Sep 15, 2009[/COLOR][/I] Pete, Folks here are all at various levels, there's no problem with asking questions as you go through studying and trying to internalize the thread, what gets old is those who show up for a few days wanting to take shortcuts and have ...
Technical Analysis Fallacy
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auxesis replied Sep 15, 2009Well said. To add, go get a copy of an old book by John Hill, The Ultimate Trading Guide, specifically chapters 1-6. In it he deals with different market phases, accumulation and distribution and their resulting consolidations and how to tell. Also ...
Avoiding Sideways Markets
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Dealing room keypads
Started Sep 15, 2009|Trading Discussion|5 replies
Does anyone here use any type of programmable keyboard or hot key functions integrated into ...
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auxesis replied Sep 15, 2009Correct, atm, you are seeing the dollar come under pressure, as the $/Y drops and the E/$ rises.... kinda putting a halt to the G/$ drop
Technical Analysis Fallacy
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auxesis replied Sep 15, 2009Movement today has been in the Pound, if you notice your daily ranges in the Yen and Euro both have pulled back to mid areas, whist Cable falls through the floor.
Technical Analysis Fallacy
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auxesis replied Sep 15, 2009Eiman, What most refer too as volume in Forex is actually tic volume, how many times price changes for a specific candle/bar, not the actual volume (amount of money being traded) It gives you a good idea, but not the same as you would see in the ...
Technical Analysis Fallacy
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auxesis replied Sep 15, 20091st US figs of the week in about 30 minutes, good trading everyone.
Technical Analysis Fallacy
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auxesis replied Sep 14, 2009Maybe it's not a good description, but a visual difference of buying retrace vs. break of prior high, And that's not giving the possibility that you are unable to exit above the prior high in profit, in that case you must wait for the following ...
Technical Analysis Fallacy
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auxesis replied Sep 14, 2009Jpax, be careful when adding to positions after an extended run, bulk of the position should have been from lower levels so average position with attacks are not to a point where price can put you into negative. Whilst we never know how far a move ...
Technical Analysis Fallacy
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auxesis replied Sep 14, 2009J-pax, don't hang on every pip, relax at little more and open up your view on the charts...... it's either going your way or not, if it is, watch for it to exhaust itself - take some when it makes new ground on a push and look for opportunities to ...
Technical Analysis Fallacy
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auxesis replied Sep 14, 2009Bear runs out of steam on top of last weeks Euro high, Pres' Speech I think has em scared for the moment, squared and watching, will be getting late in the day....... interesting price action and day so far, nice ant's work.
Technical Analysis Fallacy
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auxesis replied Sep 14, 2009President Obama speaking about 90 mins away, nimble
Technical Analysis Fallacy
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auxesis replied Sep 14, 2009Son probably could not trade right, exhibit the proper mindset, so Dad spared him the anguish.
Technical Analysis Fallacy
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auxesis replied Sep 14, 2009Bear kicked back on the Euro, let's see what his resolve is now that we are back towards last weeks highs
Technical Analysis Fallacy
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auxesis replied Sep 14, 2009J-pax, I always have on a financial news source with continuous quotes going, but almost always have the volume off. I will listen to the news figures releases to see how close to market anticipation they were, but the normal dribble that comes out ...
Technical Analysis Fallacy