David, I hope this time I got the right time period. Comments: 1. The trade is within the period that I call the "no-trading zone." I do not trade went there is potential of any news coming out. 7-9:30 am. I want to avoid this type of events. Was ...

Technical Analysis Fallacy

David, thanks for the comments. I will review your actual trading period. I find it very interesting... Regards

Technical Analysis Fallacy

Folks, I have been making some modification to leighsww matrix to adjusted to my ways of doing things...It is not final because I suffer of the continous improvement syndrom. Leighsww asked me to post it here. It is based on her original matrix, but ...

Technical Analysis Fallacy

David, fti told us many time that to play his strategy with a very long time frame would take a huge account....In the long time frame, the scout could be falling behing, way behind, and that it what you showed us here... I saw your time frame and I ...

Technical Analysis Fallacy

Jest, I just got back from Berlin...I read you message and I am in shock!...Maybe it is my jetlag..: Look. If you get 1 % a day, then using the formula below you will be getting so much money that you would own the whole planet very soon...these ...

Technical Analysis Fallacy

Absolutely agree! Noticed that I went from short to long as soon as I realized that it was 5M. yes...getting in is the easier part...but mindse, that is the real hard part

Technical Analysis Fallacy

Ian, I would go long because his chart is 1D and it seems to me that is climbing toward a resistance from the previous high. I would be inclined to believe that there were at least 2 more bars of long before a dramastic change...eithe breakthrough ...

Technical Analysis Fallacy

David, if I was dancing this chart, in my fast 5m dance, I would defnintely go long....but knowing that there is potential resistance waiting to stop the long movement I should be ready to revert...confusing...yes...very much...but I would go long ...

Technical Analysis Fallacy

David, welcome back, I have not read you in a while... fti is out...we are minding the store until he get back...he might be reading all our madness and come back and beat us to the ground...any way...you could go to my journal and see my fast dance ...

Technical Analysis Fallacy

Sure, but now I have no computer to work with. my power converter went kaput. So this will take a while...I used the old matrix, so I will download the new one when I get home. Regards.

Technical Analysis Fallacy

Me too. Adding on a fixed loss is very rigid and risky. Adding on retrace is listening the sound of music and then we dance. ..I do not believe jest meant it... Your matrix seems good to me. I began to adapt it to my ways: columns for other ...

Technical Analysis Fallacy

Still you did good. I stay away from news time...you have a very good example here...Note that after the big fall..there was a lot of profit taking...a big jump...a return to the previous trend...and keep falling...very umpredictable...It could have ...

Lusan's trade Journal

Actually, I just came out of bed and I saw your 3 kingdoom charts... I like it very much...I need to explore this idea...are you going to collect a sample set (demo for 20 or 30 session) and check how accurate is this strategy? ..this could be easy ...

Technical Analysis Fallacy

my friend, I have never biten the bullet...I fight to break even or win...and that is not good...yes...with the exception of one day, my sucess rate is 100%...-hey there are other here doing very good but they keep it quite. I do not. I want to make ...

Technical Analysis Fallacy

Thanks for the advise...

Lusan's trade Journal

Last night a ran a little test...the dollar was in a trench...not much was going on...and I noticed that the fast dance we do did extremmly well... 2 % ROE in 2 hours...Maybe quiet and non-trending market maybe be better for this fast style...Odd, ...

Technical Analysis Fallacy

Ramdon thoughts: 1- Never practice mixed styles nor do crazy experiment like practicing going against the trend....why? Because then You will hurt your mindset...it will create bad anc confusing habits...stick to what works for you only. 2.-Keep ...

Lusan's trade Journal

These are my 2 cents...I am encouraged that you are trying the fast dance...how are you doing so far? I cannot image this type of dance with stop...Before I joinned this community I became totally disparate with stops...so many stops out...so many ...

Technical Analysis Fallacy

All, thanks for your condolence!!! But I need to make a clarification....I did not lose the war!!! I walked out full of bruses and with a small amount of pips for the book...Now I have the experience that several of you have with a much longer ...

Technical Analysis Fallacy

Ian, again, my apology...I did not know you were using real money.. Please post your charts...Many here will be happy to make comments... Rescue as I understand it and sometime I use it -but not always? Why? I do not know...yet Attack ...

Technical Analysis Fallacy