I do as you do: I use the SMA(48!) in the 15M as you recomended. I dance with the 5M. Warning and reminder: SMA(48) is NOT an indicator but ONLY reminder about the very short term trend. No signal is taking from it. Leighsww uses it as a "tearing ...

Technical Analysis Fallacy

Man, this was fun to read...it shows how important is to know ourselves...we are our best friends as well as our worst enemies...hope hope hope...the road to hell is pebbled with hope stones. I do not know about you but when I average in or out I do ...

Technical Analysis Fallacy

leighsww, Regarding my SMA(68). The thing also works...the same concept but it seems that my dixlexic brain turned your 48 into 68...Oh well...I have beeing doing fine with the 68, but since you have more experience than me..I will listen and change ...

Technical Analysis Fallacy

Leigh, thanks for your return. I also feel that something is missing...capitalization is a real killer. I hope you found something...I keep thinking that I am missing something eventhough I am about 90 % in the money...for example, with such a high ...

Technical Analysis Fallacy

He is the son of my niece. thanks.

Lusan's trade Journal

fit first post — "What many traders do not know, or may fail to recognise, is that your success in taming the markets, is comprised of a mix of ingredients. Not so unlike in baking cakes. I suggest three very important ingredients. One is " ...

Technical Analysis Fallacy

I absolutely agree. I cannot figure anyone doing the crazy day time frame when I could get 50 pips/hour playing the 5M chart. 1-2 hour of trade per day is more than enough. I do not say that it is not a nerve wreck, but I do it all the time. How? Go ...

Winning on the emotional roller coaster

Tricky trades — Found PA at a top. It felt as a reversal more than anything else but 1H tells of more upside moves. Took a chance. A bad one, although patience saved the day. At least I was following the main trend. (1) long scout - 10 pips ...

Lusan's trade Journal

Why do I take profit so soon? Because I am a coward! Money in the bank make happy. You know, there is a saying, "Better a bird on hand than 2 birds flying." Why do I set limit to my wins? More than 0.5 % day profit is real greed. Oops! That rate is ...

Lusan's trade Journal

Taking the Alomos — Very quite market is hard to crack. It takes a lot of pacience. Here it is another crack to the 5M chart with 0.4 % return to equity in less than 1 hour. Clock work. Nothing new here. (1) Scout out and climbing (2) 3 troops ...

Lusan's trade Journal

Another day in the jungle — A solid day. 3 simple trade returning home and throwing a party Bias long because of PA attracted by E(68) Scout out 3 troops for rescue at -10 pips 3 troops for rescue at 30S rest Learning (1) Patience (2) ...

Lusan's trade Journal

I post to keep myself honest. I mean: I really want to learn to trade. Have you visit fit's thread? It is a long read but worthy. He is a real master trader. My dance is only an interpretation of what I read there. Other people interpretations are ...

Lusan's trade Journal

Entropy attack Not — I was furious all day about my morning loss. Why? I hate to have a losing hand and lack of time to save it because of other commitment. I returned from work and saw that I could have ended the day fine if I have just ...

Lusan's trade Journal

A major war lost — Entropy attack! I lost the war today. (1) Entries errors (2) Caught against the trend (3) Oanda froze. Missed 2 bars and lost focus. I was winning and greedy. (4) More entry errors (5) Troops tired. Abandon ships. Tomorrow ...

Lusan's trade Journal

Day experiment — Since today I remained home, I tested my fast trading technique in a more relaxed manner through the day. I used a demo account and I gained 1 % for the day. I am not happy with this result: (1) I fought the trend until end of ...

Lusan's trade Journal

Thanks. It is 41 pages full of content at times. I just selected them and copy/paste into word.doc.

Technical Analysis Fallacy

a question — Does anyone know how to extract the whole thread into a file? I would like to print it and carefully read it again. I went through twice and that probably is not enough. There are quite a few subtle points all over the place.

Technical Analysis Fallacy

Of course, the timing! Astrology? It does make sense. I looked into astrology when I was a kid and learned about the retrograde planets. These are observations of planet that seem moving backward for a while...So? A planet moving toward the west ...

Technical Analysis Fallacy

inter 5M fight — A tough fight brings 96 pips home within 45 min. How? 1- 1 troop in and losing. Enter to rescue mode 2- 3 troops in - trouble still 4- 9 troops pumping - capture 10 5- 9 troops in - and both 3 and 9 troops to R/R - Another 30 ...

Lusan's trade Journal

A typical trade — Typically, my trade might look like the graph below. Simple? Yes, but it is a lot of work. I keep a hawk eye on the market and I make trades to blend to PA. So far so good, I am able to meet my target and end the campaign ...

Lusan's trade Journal