Considering we are trading as FTI does, on the 5min charts, using higher ones for a bias... If we are against which trend (5m, 1h, 1d) should we bite the bullet? How would we decide to start a rescue? What kind of sign would we want to see from the ...

Technical Analysis Fallacy

Exactly... little and often. For one to win often, rescues need to be effective leaving one with a large % of positive trades. Therefore, a lower sequence than Fibo will make it harder to recover losses... so 'junior' traders are advised to trade in ...

Technical Analysis Fallacy

But FTI says that If one cannot make a profit a very large % of the time then they will not come out ahead. Anything less than 1,1,2,3etc will mean that losses will be frequent/losses will be impossible to rescue.

Technical Analysis Fallacy

OK, It seems like I might be being 'bullied' in this thread. I'm asking constructive questions and have read the first 200 pages... so I think I deserve some courtesy.

Technical Analysis Fallacy

I sincerely hope that these posts do not have me in mind.

Technical Analysis Fallacy

OK, I've just re-skimmed through my notes: I'm taking it we use the most simple definition of trend, HH+HL or LL+LH. Ideally we are looking to trade the 5m time frame trend which is in line with a higher TF trend... this enables safer rescues. Am I ...

Technical Analysis Fallacy

I'm fine Jest, thanks for asking. Hope all is well for you. Well, I've just finished my preliminary read-through. I can remember a couple of tools for decision making mentioned: Elliot wave (original 'rules') and candle stick patterns. The concept ...

Technical Analysis Fallacy

I doubt a borker would have the audacity to try anything like this. @ the OP: Contact them and explain the problem. EDIT: PS. I trust that you have closed the position. Seeing as the trade was not planned... It should have been closed as soon as you ...

Hacked account? Or just plain foolish mistake

OK, time to be straight with you all. The reason this thread intrigues me, is that for a long time I have been expecting a sales pitch, but to date it has never arrived. On top of that, there are a couple of members whom I respect enormously, who ...

Technical Analysis Fallacy

I'm not offended at all. Regarding the story: My mind is not empty, nor will it ever be; I can't unlearn what I know. What I can do, is look at new ideas with an open mind, and judge their strengths and weaknesses. This is exactly what I have done ...

Technical Analysis Fallacy

Did I not ask intelligent questions? You have a stock attitude toward me, automatically putting me in the box with all the lazy brainless types. What you don't realise is that I'm not an idiot like a lot of people on this forum are... and it's that ...

Technical Analysis Fallacy

Lusan, Jest, Zoran you are gentlemen (and women). EDIT: PS. It's time for some sleep. I'll be back tomorrow.

Technical Analysis Fallacy

You are wrong Setebos. I don't want anyone to hold my hand, if you followed my posts you would know this. Also, I have insulted others much less than I have been insulted by others; look at the posts I have made in this thread today If you don't ...

Technical Analysis Fallacy

I'm not here to argue... I'm here to gain some ground, some understanding, for both my self and for the others who are unable to explain why they cannot make the 'method' in this thread work for them. I think that my posts show that I'm smart ...

Technical Analysis Fallacy

Well, programming requires the programmer to do exactly as the customer wishes so that a good reputation is built and maintained, so it can't be placed in the same category as those professions. Politicians, for example, have a conflict of interest ...

On the topic of BS in trading forums...

Hanover will not be teaching anyone how to trade. He's offering his programming services for money... which is about as dishonest as any other profession that exists.

On the topic of BS in trading forums...

My point wasn't one of grammer... I was commenting on the use of words which do not add anything to the readers knowledge and understanding. You're not one of the people who's respect would please me anyway. Maybe you should have ignored me like you ...

Technical Analysis Fallacy

You sound nothing like FTI, thanks be to Allah. So you are saying you are profitable on the back of FTI's 'teachings'? I can accept that, but I'm sorry, I find it very hard to believe your claim that most people are profitable or have been for any ...

Technical Analysis Fallacy

Please, somebody here take the time to try and (at least for yourself) condense what you have learnt here to a text document. Have it set out exactly what to do and in which situations, so it is not possible for one to make decisions based on random ...

Technical Analysis Fallacy

Take this post directed toward me as an example: "what a joke.(flattery gets you everywhere) Trying learn something you cannot believe in. Ai ya , go flap your wings and fly la. I still have my flight manuals with me. Do you want me send them to ...

Technical Analysis Fallacy