Hi Friends, not sure if many have done the little chart experiment, that I mentioned a few days back: Take your most recent trading chart and watch it upside down. You will be suprised about your judgement and new insights you see. BTW: It can be ...

Technical Analysis Fallacy

From my understanding of the problems most people and beginners are facing, they are based exactly on that 2 elements: 1. Usually we try to rescue or reaverage our positions in are very mechanical and artifical way. We would be most confortable with ...

Technical Analysis Fallacy

Hi friends! Just for info. Wish you a great weekend! .

Technical Analysis Fallacy

Hi Mark, you are spot on. From my experience the follwing seems to be true: With really awesome chart-reading skills and an excellent feeling for the market, but with bad Risk- and Money-Management, you will most propbably not survive in the middle ...

Technical Analysis Fallacy

Hi Jonathan, I guess we are all bale to learn from our expriences and take some advantage out of it. So be honest with you and ask yourself: Has it ever worked out successfuly for you to trade with that idea of making it back in the long run? Or has ...

Technical Analysis Fallacy

Good morning fti & friends! I think you know it much better than me. But for the moment it's all about sentiment and the confidence of market participants. The politicians have thrown in some more or less good news. The market was keen to hear ...

Technical Analysis Fallacy

Not sure I you guys know the TV-series the "A-Team". Found a nice characterization in recent news for the European players: "I love it when a plan comes together" was John "Hannibal" Smith's favorite catch phrase if I remember correctly from my ...

Technical Analysis Fallacy

Hey good morning Sir! Markets are waiting for some disclosures from participants of the EU-Summit. So far nothing new, except that Mr Sarkozy and the chinese President Hu Jintao will have a conference call, to discuss possible details of the chinese ...

Technical Analysis Fallacy

Hi Friends, I'm preparing for the EU-show tonight. A lot of roumors around. The latest one: China wants to join the EFSF ... Wish you all a great trading day/night and happy Diwali! Niels

Technical Analysis Fallacy

Hi Friends! Found this statement today, made by Julian Schnabel: "Do things for yourself only - and if anyone agrees with you, it is pure coincidence". Not sure if this is the exact wording, cause I retranslated from german into english .... I wish ...

Technical Analysis Fallacy

Hi friends, someone ha recomended me a really mind opening book. Here a small excerpt, cause I guess I'm one of theses discussing guys in the car ... Attention is not the same thing as concentration. Concentration is exclusion; attention, which is ...

Technical Analysis Fallacy

Hi Mark, I guess I'm kind enough but unfortunately now knowledgeable enough. I do not know anything about a fat lady - sorry ... Niels

Technical Analysis Fallacy

Hi J, just a few immediate thoughts. The fallacy is not to use these tools, but not to know what they are presenting (how they are calculated) and what you can expect from it'S usage. So HA-Candles are smoothed in a special way. In simple words I ...

Technical Analysis Fallacy

Hi Jonathan, not sure if you should turn for every single wave against you. Remember fti's saying about "pigs". I would reecommend to add some tactics from AOW, especially the chapters about about retreat, usage of troops, and knowing the terrain ...

Technical Analysis Fallacy

Cool - that's how I do it basically. But I like to observe the action on a M1 chart. You can see how the guys out there are batteling on the "marketfield". And you will get a good feeling, when the battle is close to a decision ...

Technical Analysis Fallacy

Hi and good morning friends. I remember there was a great panel discussion haosted by bloomberg 1 or 2 weeks ago. Finacial Experts and politicians from China, India, US, Japan, Germany... The statement, that was very impressive to me (mad ny the ...

Technical Analysis Fallacy

Hmmh - sometimes I'm not able to make my message clear. Sorry for confusion. My post was not related to anything buma has posted in here in detail, nor to the person "buma". It was just the strong feeling, that many of us are not really open minded. ...

Technical Analysis Fallacy

Hi Friends! Great postings during the past few hours. Very deep and insightful. They are offering a lot inputs to reflect on. I just want to tell you about an observation I made during the past few days. It is related to bumapatria, the 14 old guy, ...

Technical Analysis Fallacy

Hi fti, I hear you. I'm always tempted, when I see an opportunity to earn easy money. But I have a lot of trading related paperwork on my table. I guess it's time to get that done ... CU in the markets, my friend! All the best, Niels

Technical Analysis Fallacy

Hi Friends, have finished my trading already for today. But this strong JPY moves are temptimg me to jump in again. However - wish you all a great weekend! Trade well! Niels

Technical Analysis Fallacy