I don;t know what technical analysis you were looking at giving you long signals the other day...the Technical analysis gave me a short signal and I cashed it in...trip congratulated me with a 'well done' the day after I called the short....
I don;t know what technical analysis you were looking at giving you long signals the other day...the Technical analysis gave me a short signal and I cashed it in...trip congratulated me with a 'well done' the day after I called the short....
Validates my case....it doesn't take fundamental analysis to call day trade moves
since you need to be a mathematical genious to really work Fundamental analysis
N Rothschild
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everyone here was going long
N Rothschild
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the consolidation during the day and that tight range on the ES..a screaming long techniucally...i tripled my posistion short
I'm please for you Genics, pleased that you cleaned up...I mainly follow major FX pairs to discover direction.
cpngtw
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hehe... that was my fault to count the waves wrong the other day, Genics 
It was only 2 waves but I made it 3 and so the error... With 2 waves down the retracement should be only ~ 30p, not 60-70p. The move down last night around 5pm est finished the 3rd waves and so the big retracement came
It was only 2 waves but I made it 3 and so the error... With 2 waves down the retracement should be only ~ 30p, not 60-70p. The move down last night around 5pm est finished the 3rd waves and so the big retracement came
N Rothschild
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the fundementals set the trend, the trend doesnt set the fundelmetanls! unless your getting into reflexivity...
I agree.....a very very very high percentage of fundamentals are already priced into the market at any given time....this is one of the reasons why new traders get crushed
Unless one has a brain / instinct / resources in the same league as Goerge Soros...fundamentals will not deliver short term trading returns / profits.....
i'm a price action junkie....fundamental don't come into the picture as I can't see that far!
N Rothschild
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total rubbish.
please explain why you say total rubbish???
N Rothschild
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how can you see fundamentals are already priced in? stuff that hasn't even happened yet priced in? was the economic collapse of 2008 priced in already?
N Rothschild
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How many beers you had this evening Genics
none, yet..was the hottest day of the year yesterday (a meesly 28c) here in scotland..today its pissing with rain!
