One more round of news to go. ISM #'s out at the top 56mins.

Technical Analysis Fallacy

When you have time later please explain how you see that the range was being squeezed up. My limited view lloked like base was building north going into the news. Curious to your thoughts and past experiences. thanks, a

Technical Analysis Fallacy

Great day all, jmho, from the larger chart to the smaller we are at an interesting point for the E$ pair, that coupled with a big blotter of news this morning. Beeeeeeeeee careful out there today. best regards,

Technical Analysis Fallacy

Fti, I'm curious to that call, with in 2 hours of Major news break, and in tight range. Are you looking at continuation of daily trend? regards, a

Technical Analysis Fallacy

Lilpip, Many moons ago, I was a sales manager (automotive field), I'd hire a new sales person, teach them how the company I worked for wanted the customers handled and the basics of selling and demonstrating a car. Knowing only that the new sales ...

Technical Analysis Fallacy

If you want to read and study for the knowledge, but try not to incorporate too much into your trading, keep to the v. simple basics and don't be rigid on the rules as Fti says. The markets are highly leveraged and manipulated to a degree , wave ...

Technical Analysis Fallacy

To reduce size and protect your self before the news, is ok in my book as long as you understand that when she coils before the announcement, be ready for rockets, so any position remaining is likely to be big loser, big winner, forget trying to ...

Technical Analysis Fallacy

The problem with that is someday you will get trapped on the wrong side and price will not look back. It dosent have to stop at 100 pips she can run 150/200 find a tight range and break for another 150/200 never giving the chance to rescue. Any ...

Technical Analysis Fallacy

Lilpip, The lines are just there for illustration, it's just some thoughts I have about structure, seeing the chart as a battlefield. Fti had mentioned the other day about the dangers of increasing skew on the 3rd push, to me I have to keep it in ...

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Hi all, It's been a very busy day today. I dont want to get into positioning or todays trades, and if Fti, thinks this post is in appropriate I will delete. But when I think of impulses I have to think minimum 3 waves or pushes. Initial wave ...

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Fti, I have to be very candid here, don’t you think this happens every day in the markets to the new and the old traders alike? Just take a look around the forum and others they are filled with traders all searching for the “way”. What you have done ...

Technical Analysis Fallacy

Not to question the teacher, just my humble observations. 1st, I agree totally about news and articles, most all are written with agenda or after the fact trying to decipher and guess. To your comments, honestly, i doubt that many if any can see on ...

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I'm going to venture out and say that the long euro was against the daily trend and was based on feelings, intuition of the market and not on the charts. Like the market has rhythms so do we, knowing yourself and when the mind is in tune is ...

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more like this, piggy bank

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I think it has more to do with others posting help that may be out of line with what Fti, is trying to teach. Those trying to learn dont know the difference, so the lessons become no good.

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NY boys seem to be finishing off todays business, looking for a retracement range to work my way out of todays mess. Else I may be forced to commit seppuku. what an ugly day here, cheers to all you dollar bulls!

Technical Analysis Fallacy

Two traders are about to walk into the pits the 1st turns and asks the 2nd ,”So, what are you hunting today?” The 2nd smiles and says ”I’m hunting the European Bear.” The 1st trader hands him a big belt with bells on it. and says “here you’d better ...

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Rap, Fti stresses having a feel for the market, and the need to be in it, (scout) and that the s/r levels mean nothing when price is moving. The old dog I am I like to enter scouts (initial position) off tech levels, paying for it today

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radputski1, i had my eye on the larger charts, euro had made a 2 wave correction ending last week above 5610/11 level. Since then we've been north and in the back of my mind thinking there possibly could be a 3rd push for the dollar, however i was ...

Technical Analysis Fallacy

level 2 rescue scattered around +/- 5600

Technical Analysis Fallacy