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luSan replied Aug 4, 2008Sepuuku?...kiddding me?...Only have scout out...and waiting for the cows to come home...
the flow?...Confusing news action...my economical analysis said..."hey, good for bulls"...news, looks like a no event...we return to the beginning of ...Technical Analysis Fallacy
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luSan replied Aug 4, 2008Because I was not paying attention to the news...I forgot...so I became a real PIG...reverted got some profit....then reverted again...the bull brought back 50 % of my losses... Learned 2 lesssons: (1) Patience and (2) no to fall in love with ...
Technical Analysis Fallacy
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luSan replied Aug 4, 2008Sir, I am here...and finally happy that the bulls are back.

Technical Analysis Fallacy
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luSan replied Aug 4, 2008So this leg is done...so now we get a short leg, right?
Technical Analysis Fallacy
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luSan replied Aug 4, 2008Patience pays.. almost pull plug but decide to be patient.. Early morning target is bed by 5.. Day bias: short as per day chart... 1. scout out 2. 2x troop out hesitation on collection 3. 3x troop out - fail fast retrace 4. 3x rescue Now we wait and ...
Lusan's trade Journal
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luSan replied Aug 4, 2008Sure...boring scalping mode... trying to stay awake...time window closing...my have to overstay! Edit: Not really. Just collected my 0.2 %...Now I go back to bed...See you after 8:00 Lesson: be patient!!
Technical Analysis Fallacy
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luSan replied Aug 3, 2008No trading until tomorrow morning...family and high oanda spread... We were discussing the confirmed dollar bull run...Bearish OB...talked about current bear trend...you went one step further, brought the issue to NOW...Thanks... PS.: Just finished ...
Technical Analysis Fallacy
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luSan replied Aug 3, 2008Oh my...my friend...but AOW is everything, everything...and the stories and the philosophy...without it...I do not believes we could be sucessful...I am sorry you do not see it...the mindset...the trading psychology...Ouch! Regarding me: please ...
Technical Analysis Fallacy
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luSan replied Aug 3, 2008I find it. post # 555 ...surprise! it is an answer to your question. So (1) check daily then (2) 5M...then he keeps going up the charts as the trading days evolves...
Technical Analysis Fallacy
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luSan replied Aug 3, 2008Sorry jest, I do not read 1H candles...1H shows all consolidations and news impacts...difficult to read...Still 1H does look like a E+A double top...I marked the 1D where I would say that we have a bullish dollar...a bearish engulfing... Edit: I ...
Technical Analysis Fallacy
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luSan replied Aug 3, 2008
Probably...I am inspecting the thread seeking for this information...Last night I matched the recent 1D and 1H; I include these charts here for you enjoyment... Clearly all retracements are shown in the 1H...So if I had been a dollar bull and ...Technical Analysis Fallacy
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luSan replied Aug 2, 2008I think he tells us to check FIRST the daily trend and to trade in that particular direction...THEN you set your strategy accordingly: size and skews...THEN you trade the 5M and taking care of your timing...that is what I understand...that is the MO ...
Technical Analysis Fallacy
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luSan replied Aug 2, 2008yes, but read post #59. and there are rules as "do not be a pig b/c bus will run you over", "do not fight the daily trend b/c you will burn your book", "do not use stop losses because of sweeping brooms", "do not chase PA on breakout because of ...
Technical Analysis Fallacy
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luSan replied Aug 2, 2008Look at this chart...It looks like a downtrend...LL and LH, Right?...Note yesterday, a white bar with a huge upper shadows...Bearish, right? So I would think that this a safer trading direction than Euro long next Monday.
Regards,Technical Analysis Fallacy
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luSan replied Aug 2, 2008And yes...I am going through the whole thing again...It looks even simpler this time... You just: 1. Trade along 1D...most important trend... 2. Best scout is when 1H countertrend is finished: 1H reverting into 1D trend.. 3. If wrong timing...rescue ...
Lusan's trade Journal
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luSan replied Aug 1, 2008Revisitng the basics — These are my latest notes....I will keep making changes and move it to the first message eventually...or I close this journal and start another volume..
Lusan's trade Journal
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luSan replied Aug 1, 2008That is what I have seen him doing the last 2 days...tango dancing...like that video about the long legs... hey...I just dropped my Ema(12)...he uses it to feel the speed...I do not...so OUT OUT OUT... S/R: They are great to talk about but it does ...
Technical Analysis Fallacy
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luSan replied Aug 1, 2008And that is darn hard for US...after reading so many books about S/R, indicators, and other theories.

Technical Analysis Fallacy
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luSan replied Aug 1, 2008Fti andall, done for the day... have a nice weekend. I learned a lot...being quiet...it is better for my focus..but I am here watching as an eagle and learning from Fti and all... Gosh...fti has so many ways of teaching...I cannot trade without ...
Technical Analysis Fallacy