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- pete.alfa replied Oct 27, 2009
Hi Guys, Lost 15pips today. spent most of the time rescuing then gave up, had to have my dinner. Anyway most of the time when I enter the trade the price is normally against me. So next time when I want to enter the trade I'll do opposite( if my ...
Technical Analysis Fallacy
- pete.alfa replied Oct 27, 2009
That's it the market
prices can move anywhere they like now is slowly moving up from 4845 to 4891 cheers,Technical Analysis Fallacy
- pete.alfa replied Oct 27, 2009
[quote=auxesis;3178418] I can look at a chart (higher or lower tf) and see where I think price should go, but there's no guarantee it will do it. But if Price is going to go 300 pips from point "A" to point "B" it's not going there usually in a ...
Technical Analysis Fallacy
- pete.alfa replied Oct 26, 2009
Hi Don, How many pairs are you trading? I think you are specialize in GJ rite? Cheers,
Law Of Chart
- pete.alfa replied Oct 26, 2009
Now EU is ranging between 4845 to 4876 dramatically dropped from 5030 within 4hrs. Is it some kind of distribution? May be wait and see Cheers,
Technical Analysis Fallacy
- pete.alfa replied Oct 26, 2009
Thanks Auxesis for your comment Nowaday I hardly making a loss Thanks Fti for TAF strategy

and ofcourse you,maheswara,GEfx lusan and many more whom contribute to this thread. I've learning trading for 3-4yrs without ...Technical Analysis Fallacy
- pete.alfa replied Oct 26, 2009
If you think the aussie dollar is long, look for pull backs on the longer time frames and enter when the smaller charts turn long, don't just buy a hunch, dance it. Hi Auxesis, Thank you for comment
I'll make a note on above mention. ...Technical Analysis Fallacy
- pete.alfa replied Oct 25, 2009
Hi guys, AU tomorrow RBA may or may not increase interest rate anther 0.25% " Credit Suisse overnight index swaps shows market participants are pricing a 131% chance for a 25bp rate hike in November and expect the central bank to raise borrowing ...
Technical Analysis Fallacy
- pete.alfa replied Oct 23, 2009
Hi Guys,
Is this sign - the end of the trend ? (look at 1h & 15m charts). Or may be too early. Have a good weekend. Cheers,Technical Analysis Fallacy
- pete.alfa replied Oct 23, 2009
Trade EU 23-10-09 gain +12pips yesterday trade was Friday so had to be careful but at least I gained +12 pips Cheers,
pete.alfa journal
- pete.alfa replied Oct 21, 2009
Hi maheswara,
How are you? I've seen you are making big big pips. So are we waiting to go for short too?
Rite now I'm training myself not to have emotion while trading. By the way please dont call me 'sir. Dont forget you are my teacher
Cheers, ...Technical Analysis Fallacy
- pete.alfa replied Oct 21, 2009
Hi my30marahaba,
Your posts are great too
apart from don, interesting, are using 4hrs tf only? and I've seen in your charts your are using stoch & macd too. Do you mind to share your trading ideas? Thanks PeteLaw Of Chart
- pete.alfa replied Oct 20, 2009
Trade 20-10-09 today traded EU & GU gained +3pips EU gained +1pip Gu gained aboout +3 pips - scout -39.2, 1st rescue, +0.4 & 2nd rescue +6.6 LESSONS: 1. learned to control emotion not to excite when lossing pips or making pips 2. rescue when loss a ...
pete.alfa journal
- pete.alfa replied Oct 20, 2009
Hi Don,
Have you ever come across 'Trading Manual' by Joe Ross which I made a note but I cant remember the page said:- 1st. Exit if 2 prices bar are against us continious. 2nd. 3bars rule - if you have not at least covered cost by the 3 bars ...Law Of Chart
- pete.alfa replied Oct 19, 2009
Thanks fti,
thanks for the videos they are fantastic.
hope you are making big pips & also have a good health to continue making even much more big big big pipsTechnical Analysis Fallacy
- pete.alfa replied Oct 18, 2009
Hi don, I voted yes
for you few mins ago. hope you are making heap of pips. cheers
Law Of Chart