Recent content by Pejman Hamidi

No, I definately don't scalp and never daytrade. Re. Crude, do you mean double "top"? Re: emini's, I'm aware of the minis, but again, the energy market is something that is best left to those in the flow of information, not us little folk with no edge. PH

I wouldn't categorize myself as any type of trader with regards to time frames. It all depends on the asset class, the trade, the idea, the environment, etc.. For example, regarding equities, in the present range bound environment, a "long-term" strategy would be futile, if not foolish...

I don't bet. I trade multiple time frames depending on my data. Intraday multi-day reversal patterns (20-30 days) are always my favorite. I also like the long-term trend as established by daily and weekly data. My data on most asset classes goes back to 1980. When considering a trade...

EUR going to try and get through 1.2200 this morning (NY time). Hope to see it do it. If it keeps pulling back from that level, we may see traders give up and start reversing here. PH

Wouldn't EUR need to get through 1.2200 to reverse the damage from last week? Above 1.2200, it's 1.2264, then 1.2315. Until the last of those numbers are taken out, I'm not convinced that the long-term trend remain intact to the upside. I think this bounce is going to end up being a...

In no way am I doing all of this to attempt to disprove trade-ya 1 in anyway. The truth is that out of total admiration and respect for him, I want to give him evidence that may help him in his analysis, and if there is going to be a move to 1.1600 in the EUR, I would rather see him make $$...

Of course necklines must be broken, and the appropriate way to trade these is after a test of the neckline following a breakout. Aggressive traders that may have a macro reason will use the area of the first shoulder to initiate 20% or so of their position, in case they're right, and their cost...

US Dollar Index coming up...

This is the cash market

:eek:

With all due respect to trade-ya1, whom I respect and admire.... Attached is a low quality intraday version of that H&S top moussaka is talking about. By every stretch of the imagination, and in any respectable TA book, which I've read all of them ever written, this qualifies as a valid H&S...

In the long-run, yes, but in the short-run, there can be some deception, and especially at the beginning (or end) of a trend, when the large money needs to lay on massive lines in the opposite direction. Hiding their positions would not be a "dirty little secret", but rather appropriate...

That's what I thought, until $44.50 was taken out like it was a feather. A major sell signal is being generated on traders desks all over the world in crude today, and $42 is going to get run over with "reckless abandon", unless of course there's a reversal. The closer we get to the Republican...

Isn't it possible to set up a dollar short position using swaps, offshore accounts, and multiple other instruments and strategies that would give the appearance to investors that these funds are short the dollar, and then all of a sudden, their performance is great and no one even cared?