I'm seeing the three kingdoms tearing, that's as far as my analysis goes I'm afraid.

Technical Analysis Fallacy

If someone can double check my logic please. The way I see it, there are two situations that can exist in a scenario like this i.e. USD/Yen having heavy selling. 1.) A trader is long GBP/USD... suddenly there is a lot of dollars on the market which ...

Technical Analysis Fallacy

haha, was going to say... where did you get 55! I don't see it dropping that low.

Technical Analysis Fallacy

Can someone explain this table please? Post 852, page 43. url

Technical Analysis Fallacy

Dance for today, made a loss on the first three trades, made gains on all subsequent ones. Overall, up for the day . Comments welcome.

Technical Analysis Fallacy

My understanding is you are meant to analyse the charts and see where the market is heading based on that analysis. My look at the price formations suggests we're on the way down. I'll ride that bus for a while. Anyone else watching the three ...

Technical Analysis Fallacy

I'm pretty sure the up trend is over, beware.

Technical Analysis Fallacy

I'm trading demo, just FYI. Yep EUR 5 min. As for position sizes, both of them are 0.1 lots. The other question is, if your trades go sour, you fight to get back to break even without entering other trades on the side correct? One thing at a time?

Technical Analysis Fallacy

Sorry, can you elaborate? Cut the losses?

Technical Analysis Fallacy

How would you go about saving these two shorts? Also, what is meant by the term 'book'?

Technical Analysis Fallacy

For me, i tend to sit on the sidelines too long, waiting for confirmation if I'm not in a position. Not sure what that means. For me, the current challenge is to learn the three kingdoms. I'm used to trading EUR/USD, have a lot of screen time with ...

Technical Analysis Fallacy

I do have a question, if you are dancing, must you basically always be in a position? Sitting on the sidelines = opportunity cost? Oh by the way, I trade totally naked, those are just my trades that I outlined.

Technical Analysis Fallacy

Here is my dance for today. Blue rectangles show the start and end of the trade. All trades were of size 1 since I'm not familiar with MM yet, scanned through 100 pages of the thread and wasn't able to find fti's post on MM, if anyone has the page ...

Technical Analysis Fallacy

What do yo u mean by the statement "most traders instead of continuously probing to find time window"? What should we be probing for and what time window are you talking about? I'm interpreting this post of yours to mean... traders need to have a ...

Technical Analysis Fallacy

1. I only know of patterns like 1 1 2 etc but I don't know how/when to use them. I'm also totally at a loss when it comes to using technical indicators as risk gauges that allow you to size positions if that's what you use them for. 2. Have been ...

Technical Analysis Fallacy

What does this quote mean?

Technical Analysis Fallacy

Well you're right on the money fti. I am certainly jumping from one thing to another, but having said that, it's a lesson to be learned in itself that I don't see being learned any other way. I understand what you're saying and I'll be the first to ...

Technical Analysis Fallacy

Haven't been trading for a while, looking to get back into it. Had a quick search of the thread, but couldn't immediately find the answer so I'll ask a question that I'm sure has been asked previously. What pairs do you guys have open at any given ...

Technical Analysis Fallacy

Well, I closed off my positions, lost on the euro as I was expecting, still not sure what scorpion caused me to sit through the position but made more than enough on the yen, was lucky.

Technical Analysis Fallacy

Well, having not traded for probably close to half a year, I'm back in it... just trading demo and still haven't lost much of the feel. The timings on the euro are off, scorpions getting the better of me but pretty comfy with the positions none the ...

Technical Analysis Fallacy