Gosh! But we do not go for large overnight open positions. This is well described on many messages. I believe that somebody got into this problem several weeks ago. You have 2 choices: (1) close some positions and use their leverage for rescue. You ...

Technical Analysis Fallacy

zenseven, thanks for the insight...you described very well what I call "slow dance": get it small and fast...hold it and then some more...then close the dance wen PA say that it has enough. for the first time someone stated clearly: 20-35 twice a ...

Technical Analysis Fallacy

It does not make sense indeed... ECB rate up and FED flat....then E/U ought to go up...but it does not... E/U is falling...if ECB is up then...FED might increase rate! The unemployment No came out bad...so FED might do it...Stocks bearish...etc. ...

Technical Analysis Fallacy

Bit the bullet? Not really...I executed my plan and I got my daily pips and turn off the computer...See my 2 bars to glory...I should say, "my 2 killing strikes" Happy hunting

Technical Analysis Fallacy

I already ate and I am out with a full belly on the first wave...I am just watching your show... By the way, I love that Harakiri version....Good killing.

Technical Analysis Fallacy

Easy news trade — Traded as per news analysis…Unemployment better than expected -so FED will raise- and ECB is hawky…Very confusing...still PA dropped, I followed with an scout and a second wave on a minor 1M rebound. I set the first wave with ...

Lusan's trade Journal

You are totally correct....thanks for the reminder.... I reset my mindset and strategy last friday...I returned to the beginning...15M for bias, fast PT and quick attack...That worked very well in the past...I stopped reading other peoples opinions ...

Lusan's trade Journal

Absolutely! We discussed 100 pages ago about the required zen mind and also about Musashi and his many fights...we discussed the zen mind with leigh when you were away. I mean: 1) zen mind: we must be on the present...not analysis after entering the ...

Technical Analysis Fallacy

Welcome to fti' universe.

Technical Analysis Fallacy

Odd thoughts — Friends, Last night I was a little nervous with Forex...Why? 9 winning sessions without losing a single one with the help of fti's teaching...I have been here before...Remember when I got 30 winning session on a row and then I ...

Technical Analysis Fallacy

Hello there, I saw you on fti's thread and I came for a visit to see your simple trades... I love trendlines...Nice one...a classic switch from support to resistance... Now you wait, right? for a reversal? Many times reversal do not happens... What ...

My simple Trades journal

One of the most amazing thing of trading is the way that mindset is created. After trading so many early mornings -mid night!-, switching to later in the day is hard, looking at moving averages and MACD make me dizzy, slowing down my trading style ...

Technical Analysis Fallacy

Boss, I followed you...although I was not looking a Yen...the lady was turning down on the 15M so...I just jumped in and took the whole wave and went back to sleep...not so hot...only 36 pips...but a start for the day... Still I violated my 1st ...

Technical Analysis Fallacy

Hapasasa, MH, thanks for coming by... Still here but I had too much going on. so I stopped the journal briefly... Still trading but the transition to day trading versus early morning is very hard...too many US news to deal with...I trade testing ...

Lusan's trade Journal

Thanks...I keep twicking my commandments...I need regulation to tame my quick fingers...I noticed that any time I violate the laws...PA wacks me very hard...and it hurts...PA is a bitch of a teacher...lack of focus? whack!...Lack of attention? ...

Technical Analysis Fallacy

So are you a chesss player? I play too...and Forex reminds me a lot of chess..I notice an odd correlation between my Forex success or failure and my internet chess player results... Regars,

Technical Analysis Fallacy

I did not mean that I always revert...only if the 5M is broken...I mean: the scout is confused...so I shut a fast arrow and kill the man... I go with the reverse, because if PA is turning then I might want to turn with PA...of course, PA might ...

Technical Analysis Fallacy

I hope fti could tell us something about it....I mean: is it correct that when we see that the trend is broken, then we close the trade and reverse? now when I send my scout out...if the 5M trend is negated...I just close the trade and reverse... My ...

Technical Analysis Fallacy

Zoran, greetings, I am still learning...it is tough transitions...specially when US news are all over during the trading day...I am taking notes and modifying my style...it is getting easier and easier as long as I stay away from news ...

Technical Analysis Fallacy

I love congestions...easy trading..

Technical Analysis Fallacy