Morning chaps I couldn't trade yesterday but today seems like a good day as well. Feel like EUR and GBP are getting ready to head south so I'm preparing two small squads to taste the water. Anyone else lurking around ?

Technical Analysis Fallacy

@ Fana - it's a business, mate, treat it like one. And if it's the thing you love doing it will never feel like a job. But you have to treat the market seriously, or it will come back to you and kick your @ss all over the place. Hanging in the park ...

Technical Analysis Fallacy

Hi J Yes, it was exactly that 5 min H&S that grabbed my eye, even though I prefered to remain an observer rather than trying trade it. In my humble opinion classic TA figures tend to be much more unrealiable in forex then in stocks. No idea why - ...

Technical Analysis Fallacy

H&S? — Chaps, is it just me or there's a potential H&S forming on the EUR chart? I don't realy fancy figures, but still... After the hot day and before Bernanke's speach market feels almost quiet.

Technical Analysis Fallacy

Amin! Best of luck with your mission and may the market be with you P.S. Don't be too harsh on yourself, no one was born experienced

Technical Analysis Fallacy

The topic is getting hotter with each day passed and it's not just Japan. Have a look at FT - the G7 summit in Istanbul is causing a lot of media noise. A sort of Keynesianism back on the front stage, only no one admits to call it that way. It's the ...

Technical Analysis Fallacy

Morning chaps EUR feels weird this morning - Friday + bunch of news = extra careful trading today. Good luck to you all. P.S. Managed to save my short YEN squads last night! Feels good!

Technical Analysis Fallacy

Hey J, My short didn't feel very confident so I banked it at 1.45593. I'm still trying to pull my short yen scout from yesterday's deployment - my eyes are closing now, I'll have to place some automated targets to take me out at a descent level or ...

Technical Analysis Fallacy

EURUSD — Anyone trading there? Just dropped a small short to taste the breakout at 1.45763. I am getting the feeling there aren't many people here trading the London session, too bad, I love the thread but it feels a bit lonely here during the ...

Technical Analysis Fallacy

Anyone tuned to the last EUR rally? @J - I hope it all goes well there for you. To me it seems like the action is not over yet, just taking a deep breath, so I am currently on the sideline waiting for the price action to reveal itself.

Technical Analysis Fallacy

Thank you, far too kind. I love the tolerance, really

The System II (Yes with irony)

@fx: I don't know what are they going to do next - I made an assumption based on what I see. However until I see the PA I'm waiting just like everybody else. Apologies if I did not express myself properly - English is not my native language. @ ...

The System II (Yes with irony)

Market played its bear trap and London boys made a few good quid. Bears are all out now and it's suddenly as quiet as it could possibly be during this session. London boys seem to be lurking for more but I think it's going to take some time.

The System II (Yes with irony)

Bg — @FXSurfer - I live in Varna - it's on the sea coast - nice city, about 1 million, lots of places to live the life of sin The picture you've posted is from a small historic town - there are lots of those around - a few thousand years ...

Best place in the world to trade from?

Place to live and trade? — If it would be Europe, I would recommend my country - Bulgaria for a few simple reasons: 1/ Pro-American government - easy to get Vissa 2/ Member of the EU already 3/ Large English-speaking comunities 4/ nice ...

Best place in the world to trade from?

and a little something from me — Here's a part of my analysis. Green lines are the strong levels. I use Jacko's principle of round numbers. Also the fibo levels on the chart are actually from the weekly chart and start from the beginning of ...

Jacko's Forex House of Pleasure and Pain

the truth is out there — Jacko's method is, as many other methods, applied in strict circumstances. The guy was clear enough in his first postings - EURUSD is the most trendy couple, on which is based his trading strategy. Now, after quite a ...

Jacko's Forex House of Pleasure and Pain