Amazing! Any way, fti we are here. My sucess rate after incorporating whatever I understand of your method is +90 %. Before your teaching, I did not undertand a thing about the 5M and my target was 10 pips/da, today because of the little ...

Technical Analysis Fallacy

Afraid of trading because of the FED? I have the same feeling this morning...I thought..."Hey... fear of the FED means to stop trading....F*** the FED, I will trade today otherwise I develop a terrible habit." So I trade and I ended my session with ...

Technical Analysis Fallacy

My friend, this is a tough dance that does not deliver a lot of pips without taking some risk. I am on training... currently I made just a little $ with minimun risk...and I am not aware of anyone who dances so fast...If you want to try, play with a ...

Lusan's trade Journal

Thanks for the reminder to avoid any guess or predictions. Today when I traded, I noticed the response of 5M to the news and it reversal...what to do? Simple, the news is saying go long because this is not good for the dollar, the chart was telling ...

Technical Analysis Fallacy

Sure. I dance with my gut and a little of reason. I mean. The 1X scout is out, right? I note that the market is against me...I am losing I need to protect my book..So I send 3X soldiers out and adjust profit to about 6 pips...Then profit ...

Lusan's trade Journal

Interesting day — After more action from the FED, the bias should be EUR/USD long, right? Nope. The bias is whatever the 5M is telling us! bias: 5 M in reversal mode and climbing. So long. 1. Scout out --tipo error- broughit back and lose ...

Lusan's trade Journal

Thanks I am out: no short nor long. I just play 1-2 hr session trades. There will be many surprises tomorrow morning. I guess that the dollar will be even weaker. Tomorrow morning, when I awake up for my trade, I would be fun to see what the london ...

Technical Analysis Fallacy

Amazing — "The central bank approved a cut to its lending rate to financial institutions to 3.25 percent from 3.50 percent, effective immediately, and created another lending facility for big investment banks to secure short-term loans." I ...

Technical Analysis Fallacy

I totally agree. I will (1) purchse more gold, silver and oil etf for me while leaving some cash at the side -I exited the US stock market at the top. (2) migrating away from US was not serious but I will use my availabe cash to increase my trading ...

Technical Analysis Fallacy

oh well...FARCS is a real problem, even though I speak fluent Spanish...Poland yes... maybe a caribean island! I guess the answer is gold and oil and trade, trade, trade.

Technical Analysis Fallacy

fti, you have been keeping gold to you heart! Your chart, monthly, and that is even worse, does not bear good for US. Me? My plans are simple: 1. Protect my savings. Gld etf and oil etf for my 401K. I made 20 % in 2 months. That is not a good ...

Technical Analysis Fallacy

fti, thanks for the reminder. I might be a total fool but if I have to trade that chart, I would short it because my gut tell me of an upcoming pullback. If so, I should keep my saving in USD and wait for the pullback and then go EUR long crazy. Not ...

Technical Analysis Fallacy

That really hurts. What happens? 5 % is huge. For an account of 10K this is $500 and extremely high as you know as per fti's recovery table. I am very sorry and you might want to promise yourself of not having happening again. For me, hope is out of ...

Technical Analysis Fallacy

See my previous response...My way of trading does not expect for trends to develop..I try to dance any music that the market play for me within my time constrains. What trend do you refer to? the day, hour, 15M or 5M? Sometimes the are not in sync. ...

Technical Analysis Fallacy

scout losing or damage---semantic...I do not expect anything....For me the scout is JUST a way to get into what I call the "trading mind." A way of focusing my awareness and energy into the battlefield...You know, I jump from bed at 4:00 am and ...

Technical Analysis Fallacy

401K protection while the dollar comes apart — Hei...I just learned something new... You could do position trade within your 401K account by trading: FXE -- Euro etf fund FxA -- Australia etf fund FXF -- CHF etf fund If so, I think I could ...

Technical Analysis Fallacy

What a mess! Trading is unavoidable. But you talk about position trading and this is not my MO. I just wanted to park the money some place. That place does not really exist. So gold is a better idea for you? My situation? I guess I am long on the ...

Technical Analysis Fallacy

Is US hyperinflation coming? — The FED really scared me this week: banks and hedge funds are falling and the FED is getting into holding debts. Crazy! I would like to find a protection for my hard saved cash. I want a lot of money out from the ...

Technical Analysis Fallacy

Nice weekend all!

Technical Analysis Fallacy

What about that we have trouble with attack because we are greedy? Look I just made 20 pips with my scout..so..when should I send more troops out?...maybe I should wait...you see, I am winning 20 pips...I do not want to lose it...so we wait and ...

Technical Analysis Fallacy