Good morning fti, ladies and gents! Due to my knowledge background I love to play with statitics and probabilities. Well - fti told us to scale our attacks and rescues based on fibonacci progression ( i.e. 1,1,2,3,5,8,13,21, ...). If we like to and ...

Technical Analysis Fallacy

Hi 2fx, I'm sorry I can't give you an advice. The broker of mine only offers minilots. Have no experience with other MT4 brokers.

Technical Analysis Fallacy

Hi 2fx, it's allways a slap in the face to blow ones account But if you really want to go on with this business, than read this thread carefully over and over again and practise, practise and once again practise the dance! And if you feel ready to ...

Technical Analysis Fallacy

Hi again, maybe you missed his speach. It started at 1400 GMT. His main phrases were: - economy likely grew faster than 1.9% in second quarter of 2008 - Inflation may subside, but if not, Fed must be ready to act - Growth will decelerate or even ...

Technical Analysis Fallacy

Hi all, are there still any USD-bulls dancing this dance? I'm still USDJPY short ...

Technical Analysis Fallacy

And jsut another insight of my "rescue adventure" this morning: Whenever you are doing a rescue with high risk: If you reach breakeven or you are even close to it, reduce your exposure! You can get the missing pips/$$ later. Always reduce your ...

Technical Analysis Fallacy

Hi fti, seems to be your charting software/service. I coudn't find any gaps. Even the 30second charts are smooth

Technical Analysis Fallacy

Yes, you are probably right. But that was part of my exercise. I wanted to get in trouble. And I was in big trouble. Much bigger than I'm able to handle with out getting a heartattack. To your question: If price rose to fridays high of round about ...

Technical Analysis Fallacy

Maybe you got me wrong. It was real money .... And to be honest: I didn't felt comfortable. After squaring all positions I had to take a little rest to calm down ....

Technical Analysis Fallacy

No, real money. I could imagine, what you are thinking. I had some good success to fight my acrophobia with such kind of extreme therapy. Went on skyscrapers coached by my doctor. Hope it will work against the fears of loss too. Target of the ...

Technical Analysis Fallacy

Hi Billionaire, here is my blotter: S x 1 x USDJPY x 109.75 0415 GMT Scout S x 4 x USDJPY x 109.87 0450 GMT Rescue 1 S x 25 x USDJPY x 110.00 0515 GMT Rescue 2 S x 200 x USDJPY x 110.26 0630 GMT Rescue 3 B x 200 x USDJPY x 110.20 0640 GMT B x 29 x ...

Technical Analysis Fallacy

Hi fti, no sir - no stops on my side ... Did an exciting dance with USDJPY on the short side this morning. Had to deploy a very strong level 3 rescue. Felt my heart beating in my neck. But it worked .... I'm out now till NY boys come in. CU

Technical Analysis Fallacy

Hi there! @ jest: First of all thanx for your excel sheet last week. I do something similiar but a little different ;-) I'm calculating the appropriate rescue size for a special amount of "RescuePips" in realtime. The "RescuePips" are based on the ...

Technical Analysis Fallacy

Hi fti, thanx for the warnings. I did some dance with the USDJPY lady on the long side. Now I'm squared. Had some problems with my self defined max. loss, that I would except before biting the bullet. As the limit was reached, I hesitated and was ...

Technical Analysis Fallacy

Hi Jest, don't forget about Euro zone holidays today. There will probably not be much impulse from london ...

Technical Analysis Fallacy

Hi fti, tonight you have given again very helpful insights to us. Thanx for that. Well - things have changed in the trading rooms. Mindsets and approaches are different from yours - may be a little single edged. Some idea comes to my mind: If me and ...

Technical Analysis Fallacy

Good morning ALL! Warning: I'm really euphoric. Since friday last week I was most of time a quite reader of this thread, cos I was highly focused on dancing USDJPY. The first time in my trading life I felt the rythm of the dance. And if you really ...

Technical Analysis Fallacy

Thanx for your warning & insights. I am doing some "smallmoney exercises" in sidewards/slightly up moving USPJPY. No large exposures. Really small ... There is one risk I try to detect and handle: When the market jumps out off this narrow channel ...

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By the way - Katie Melua was born in Georgia. Malicious thinks are going on there. Hope the conflict will be finished soon ...

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Hi fti, wow - a really long legged lovely lady. Well I hope London boys won't be shy, but I don't expect so. There are major GBP figs (CPI...) at 0830 GMT this morning. Once again my poor english makes me helpless. What do you mean with "driven of ...

Technical Analysis Fallacy