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Pip Anon replied Jul 22, 2014They are merely support and resistance levels that are sloped. Give it any name you need. Yesterday, price action was rejected from the descending trend line, and know is breaking through the ascending triangle. The reality is: they are just visual ...
Only Gold!
- Pip Anon replied Jul 21, 2014
Um, wouldn't changing positions require changing your original thoughts on why you placed the trades in the first place? Whoa, you see what you did there? You changed your mind. What is dangerous is your pandering biased objectives. You can talk ...
Technical Analysis Fallacy
- Pip Anon replied Jul 21, 2014
Break out of triangle, targeting 1,330. 1,311 holding as decent support. A breakdown and back to 1,300
Only Gold!
- Pip Anon replied Jul 21, 2014
If you cannot utilize it to your benefit, that's not the analysis method's fault. There's no holy grail, but to say price action (the basis of technical analysis) has nothing to do with an asset's movement is hog wash, indeed. Regardless of your ...
Technical Analysis Fallacy
- Pip Anon commented Jul 14, 2014
It does...for a time. The problem is interchanging monetary policy for fiscal policy. QE1 had a very dramatic, positive effect. However, it's this ongoing QE trap and refusal to actually address the risks that will eventually work its way into the ...
Yellen says Fed easy money needed even after recovery
- Pip Anon commented Jul 3, 2014
True. All I know is my scenario would playout your screen name
Break Out the Hats: The Dow’s Path to 17000
- Pip Anon commented Jul 3, 2014
Neither is the payrolls.... over a half-million full-time jobs canned and a 840K increase in part-time. If the labor market is so much stronger, why aren't those figures reversed? Oh yea, the economy sucks.
The payrolls report is right, and GDP isn’t
- Pip Anon commented Jul 3, 2014
Hey that sounds good. Central banks love bubbles. My targets for 2017: Inflation: 8% US10y: 1.2% S&P: 675 Dow: 6800 Silver: 46 Gold: 2,100 Oil: 73
Break Out the Hats: The Dow’s Path to 17000
- Pip Anon commented Jun 30, 2014
If 1.37 is taken again, 1.3800 is quite probable. I am more bearish dollar than euro at this point.
EUR/USD, USD/JPY: It's 'Almost' Time To Sell - BofA Merrill
- Pip Anon commented Jun 26, 2014
FF doesn't post them. Anyone can, you just need to put in the web link
Bullard pulls a mini-Carney
- Pip Anon commented Jun 26, 2014
There goal is a risk asset bubble and double digit inflation? Bang on Fed, bang on!
Bullard pulls a mini-Carney
- Pip Anon commented Jun 26, 2014
not according to what most are saying. growth can be 3.5% rest of year and annualized gdp won't even be 2%
Bullard: Businesses Are Pretty Confident; 1Q GDP Figure Doesn't Seem To Match Up With Other...
- Pip Anon commented Jun 26, 2014
You should probably check your chart. NZDJPY is currently 89.21, well above 88.65. They are suggesting a buy on the dip, but the pair will likely hit 90 before any significant retracement.
NZDJPY bulls regain control; Seeking buy setups above 88.65
- Pip Anon commented Jun 25, 2014
People who don't care don't want to care because it doesn't fit their agenda. All day on CNBC: "It's backwards looking." And yet the equity markets are forwards looking, so tell me when the S&P kept on climbing, why doesn't it adjust for shit it ...
We Just Got A Horrendous GDP Report, And Here's Why You Shouldn't Care
- Pip Anon commented Jun 25, 2014
Agreed. I must be the rare crystal ball. I don't get it right ALL the time, but I can say 80-85% of my forecasting is in the money. That's good enough for me. Just like in school, if you don't do your homework you either struggle or flunk out.
10 Things Foolish Traders Do
- Pip Anon commented Jun 25, 2014
Basically lol. Not so foolish for reading, just foolish for utilizing as sound advice.
10 Things Foolish Traders Do
- Pip Anon commented Jun 24, 2014
11. Foolish traders read nonsensical articles from newtraderu.com
10 Things Foolish Traders Do
- Pip Anon replied Jun 16, 2014
Very true. But you must include two things: 1) 90,000 accounts is a small sample in even the retail forex world. 2) The most profitable accounts are the ones that are most capitalize (i.e. IB and Citi both require $10,000 min. balance). This doesn't ...
95% Lose in FX is a Myth: % Profitability in the US last year
- Pip Anon commented Jun 15, 2014
A tad conflict of interest
"Cluster Of Central Banks" Have Secretly Invested $29 Trillion In The Market
- Pip Anon commented Jun 15, 2014
Only a matter of time before it spreads. They took the north in a week.
Baghdad airport attacked, US embassies starting to evacuate