LOL the ns song is hilarious...i was from the navy, probably will be sailing the same routes as practice only. Only pray that the weather will cooperate. ok arbing is out of the question, but I feel that even if shading is widely practiced, it is ...

Technical Analysis Fallacy

Hi fti, i am sure you had a good start for the new year. The above post and subsequent argument was interesting for me. However, I hope you can bring more clarity to it. Like you say there is no real supply and demand driven price movements. In the ...

Technical Analysis Fallacy

Happy 2010 !! Wish fti and gang, health, prosperity, love and pips. fti, i read ur "gift" about market structure, will chew on it come monday, now need to rest due to flu, what a way to spend new year eve . Have fun everybody....see you monday

Technical Analysis Fallacy

LOL thanks fti, for a while I felt silly thinking i can write options in fx. But hopefully retail fx can mature to a stage where fx derivatives are available to the masses. Main issues is always ticket size.

Technical Analysis Fallacy

Hi auxesis, you are right, i misread the whole thing, the hit or miss feature made me think that i get to do some sort of writing but in their case, its me picking the price and they write the options. Its a little bit better than binary options ...

Technical Analysis Fallacy

I found this... url it may interest you if you think there are profits to be made here please share with us..... so embrassing, I mixed up stock options and forex options...

Technical Analysis Fallacy

Geeze I need to refresh my memories on options, I was looking at it for sideway markets. Maybe can try it for 2010 on seperate acc, best thing about oanda is I can try it cheap, what I read on website is my guess is can be used for delta hedging ...

Technical Analysis Fallacy

since US just closed shop, fti, are you familiar with oanda box options ? look like a double no touch strategy to me....

Technical Analysis Fallacy

Good to see you chief, was on the same ride I guess. Merry Xmas to you and all in this thread.

Technical Analysis Fallacy

Hi, I don't provide forex training, and since you are in sg, I want to tell you that I do not endorse any forex training providers in sg either, except for one. Can't say it here since I may get banned for spamming. regards

How to use the 9/20 EMA setup effectively

Hi, firstly, my apologies for my late reply. I still use this "system". Basically, the examples I outlined previously are meant to bring to attention the bigger picture. As for the trading itself, my methods are very similar to "The System 2" by ...

How to use the 9/20 EMA setup effectively

Yeah I agree, I personally know one who had no down month for 3 years, I saw another interviewed on TV, he had no down months for 7 years.

Are there really traders with 100% Success Rate???

Its not hard to learn, Prechter made it difficult.

why people say Elliot is hard to learn?

On patience — Regarding patience maybe a mindset change may help, a friend of mind once showed me an article about poker psychology and I find it really helpful for trading, at least for me, let me quote some points form the article. I ...

Technical Analysis Fallacy

Something I don't understand is why everybody is looking for a fast dance ? Time constrain I can understand, but my feeling is that most are over leveraged and thus do no have the buffer for the whole game plan to play out. That said, I myself is ...

Technical Analysis Fallacy

I think time frame is of least importance given that you trade the prices not the time frame. Whatever time frame you use is really just a different picture of the same price movement. Some of them "shorten" the game plan thus resulting in use of ...

Technical Analysis Fallacy

Hi Pete, I can assure you that the 95% losers theory (actually even more) also applies at institutional level. At least at the end of the day and those amounts are staggering, but they are always hedged, through a variety of instruments like options ...

Technical Analysis Fallacy

Hi, can you post a chart ? My perspective of what you wrote above is that you are mixing up personal opinions with what's going in the market, pretty bad recipe. Use simple TA to help you gauge market form, but don't super impose them on your charts ...

Technical Analysis Fallacy

Between James16 and Jacko, I would vote James16. I am not a follower of either, my route was a painful trial and error journey. If following one of them can help speed things up, I would say why not, however diligence and hard work is still the key ...

is james16 really a successful trader?