Quote from link, "This is because the magician feels that he is consciously in touch with all elements of the universe, therefore, he can control them." Suicidal for traders to think they can control the market. This is not just far off, but ...

Technical Analysis Fallacy

My sentiments also, I think men created God because life would be unbearable without Him. No disrespect to believers except I do hope believers, like traders and dancers, are not "rigid." Rgs, Baifu

Technical Analysis Fallacy

What happened 1908-1923, 1923-1933, 1933-1946 and after 1946? I heard Gann died a broken man so he had losing streaks also. FTI explained how Gann did it (read post #1568 and follow up posts), Gann as he traded (NOT what he published) inspired fti ...

Technical Analysis Fallacy

No no no, please don't go there. fti invented the 37th strategem (I am too polite to translate ) for peeps who have erred. Regards, Baifu

Technical Analysis Fallacy

Hey too much thinking - can't I just mouth the words you are the senior student, you tell me

Technical Analysis Fallacy

Sorry, not following ......... "not understand or not translate?" Not sure if you are giving out information or asking for information "Base is - in trend = speedy(quick) profit, in thickening(low volatility) = big profit.Why?" Is this a ...

Technical Analysis Fallacy

Why

Technical Analysis Fallacy

I agree, the mentality of the general fighting for every troop give us near 100% win rate, and the tsunami. How to find the equilibrium? Tough indeed, we all have to find our way I guess. rgs Baifu edit: for lack of anything constructive I can offer ...

Technical Analysis Fallacy

No. If you have only scout you are sailing in a small boat and it is easy to turn on wind or sacrifice and try again. Or you can rescue. If you are committed with larger troops, e.g. after you wage attack and market turn against you, first do damage ...

Technical Analysis Fallacy

Fana there are many examples of this mode in the thread. I think we can play any manner of number game to suit our capitalization and situation. For rescue we can sum up all positions to reset as base 1 (as you have done with 7), or we ...

Technical Analysis Fallacy

My second read of the thread is now at post #3898, july 24 2008, about the missing Lesson 3: "Yes, Lesson 3 is the last Chapter in my Forexangels, it is about how to put the rescue and attack thingy together in market making. and the way to ...

Technical Analysis Fallacy

My holy grail - make money whether my bias is right or wrong for the session.

Technical Analysis Fallacy

Not sure what Mamood has in mind, my thoughts on humility: Realize perceived analytical power in S & R levels, pattern, candle, wave , PA etc. are done AFTER THE FACT, savvy in analyzing the past does not equal ability in predicting the future. ...

Technical Analysis Fallacy

Yes, mechanical skill can be taught, art not so easy . Thank you for your clues and guidance, I will keep learning and practising. Rgs, Baifu

Technical Analysis Fallacy

Sure I understand your constant linear is for a visual and to compare the effect of different skew ratio, I mention it only because until I made my little table I erroneously assumed skewing out both in position sizing and entry price is ...

Technical Analysis Fallacy

Hi Auxesis, you said what I want to say, only much better . “If you break up your levels into smaller units of the whole, the mindset needs to be on your average vs. market, holding the larger portions may defeat the goal and invite a ...

Technical Analysis Fallacy

Hi Gro, As usual your post require much thinking over In the meanwhile I came across more goodies from fti on R3K from post #3467, july 16 2008 (E/U topped July 15): when major spots do not move in sync , it is normally due to crosses ...

Technical Analysis Fallacy

Imho I also believe "as above so below" applies for spirals, any spiral (multiple levels) can be plugged inside a single level of a bigger spiral, the same as saying any single level of a spiral is divisible into a smaller spiral of multiple levels. ...

Technical Analysis Fallacy

June 24 2008 Fti asked : sold EurX2@ 1.5524 Why? sold Eur X 1 @ 1.5511 Why? Post #3065 fti answer: Anyways theanswer to the question was that the position were scout positions initiated at different stages on a skewed-in base. It seems scouts can be ...

Technical Analysis Fallacy

Post #3050 fti: “The 3kingdom relationship can only be observed, and cannot be penned. It is because the relationship changes through different stages of its cross-intercourse and can move away from the norm. It is this observations of abnormalities ...

Technical Analysis Fallacy