Lol, I was in the same boat, rolling a square log up hill starting with the European up leg from morning At battle all day, went to bed with Take Profit orders for my positions, some of them have hit in the morning and I closed all positions ...

Technical Analysis Fallacy

Hi Gro, I am entirely earthbound, but I enjoy yours and others discussions on a higher plane, and your graphics Rgs baifu

Technical Analysis Fallacy

"The cycle below is not truly below but only different in space and in time. So we are all at our particular level of being at one with the all. We progress with time and space as we learn and master that which is put before us. We gain knowledge ...

Technical Analysis Fallacy

In the trading context, it is simply an expression that what exist in the Long Charts (daily, weekly, monthly) is much replicated in the Short Charts ( 5 min, hourly ). This is not what you seek as I am not sure what is meant by "specific way that ...

Technical Analysis Fallacy

Yeah, I often wonder how puffy retrace materialize after dealers are forced to be net long (though at ever better avg price) in a bear market, and then how the rubber band snap back happen after dealers have unloaded their inventory at better price, ...

Technical Analysis Fallacy

My take: there is no Law of Vibration, just the general phenonmenon of vibration and cycle observed by ancients (and moderns), common sense and observation say this is applicable to price action, just as the Law of Motion and Regression to Mean are ...

Technical Analysis Fallacy

So Gann rocked for a while, and when he stopped rocking he tried to live off esoteric math gimmicks - fti said he's a brilliant mathematician, hm.... brilliant because he has unlocked the secret of market vibrations through math, or brilliant ...

Technical Analysis Fallacy

second leg — The second leg down is often a gift - this one stop right at a Fib extension. I missed it, Friday afternoon is off. rgs baifu

Technical Analysis Fallacy

Taken my walk and my head is clearer. Actually we agree (the red) What I don't entirely agree - we can always tell impulse from reactive in hindsight, but during wave formation I can never be sure in the NOW for teh 5_1 minute, so I compensate with ...

Technical Analysis Fallacy

Yes, telling impulse from reactive is always my main tool, and I believe I can tell. Except when you zoom too much in from the Daily, impulse and reactive happen both up and down. you seem to say we should poilish our dance / chart reading skills ...

Technical Analysis Fallacy

Great post, as usual rgs, baifu

Technical Analysis Fallacy

Hi Auxesis, Me too, I am still frying my brain over this phi and pi and range window thingy. I have my ears tuned to our learned students comments. My own use of the Principle of Vibration is - Price vibrates It vibrates between support and ...

Technical Analysis Fallacy

Squared for the morning and booked 1.5% profit. No stomach for the battle of the 1.25 handle. Skew capped at level 8, 21 troops. Regards, Baifu

Technical Analysis Fallacy

Hi Jest, Point taken. Thanks. I don't think we necessarily disagree about the use of Elliot wave or true range, it's just the difficulty of getting across what we mean in a forum. And my haphazard looking entries in my experiment has not shown the ...

Technical Analysis Fallacy

Can you be more specific about what kind of research on atr? I have done the usual on atr of different time frames, diffferent currency pairs, different times of day, Asian, Eurpean and American sessions, overlap atr envelope (Keltner Channel?) with ...

Technical Analysis Fallacy

Position Sizing experiment — On May 7 and May 10 EUR hourly trend was up, I traded EUR bear profitably on both days. I cannot post charts because Oanda does not keep long history but I will post the stitched together blotters. If I could post ...

Technical Analysis Fallacy

Textor, thanks for comment. One of AOW lessons: to know when to act and when not to act Regards, Baifu

Technical Analysis Fallacy

I still don't understand - I sell (down arrow) Close Trade (up arrow), Take Profit (circle), sometimes I am squared (not in the charts posted), (edit: wrong, this morning's chart squared )other times always maintain a net short EUR psoition, ...

Technical Analysis Fallacy

For me it is less tiring than watching multiple pairs and flipping. I reckon if I cannot drive by autopilot I might as well keep my hands on the wheel and foot on the pedal. I am only at it 2-4 hours at a stretch, with mid day break. Afternoon is ...

Technical Analysis Fallacy