Yeah - of course you are right. That's one of the very basic differences between your teachings and many other (and mostly in the long run not successful) trading strategies: To stay nimble and listen to the markets only. No predictions. No Crystal ...

Technical Analysis Fallacy

Hi and good morning fti and all! Hmmh - there is a good chance for a key reversal. But I'm, not that sure about it. Would stay nimble till EURUSD has made a final decision in the 12250 area. But due to the fact, that I spend very small time in the ...

Technical Analysis Fallacy

P.s. Have found that link in another thread here on FF. It should just serve as inspiration for your thoughts ... url (Well - of course I know about all the possible nonsense and distractions from the pure dance. But for my way of thinking such ...

Technical Analysis Fallacy

Good morning Friends, hope you are all doing well. Have done some small trading only. Still not returned to fulltime trading yet. (but have managed to order my new trading equiptement. Will be delievered in the first week of July. Can't await it ...

Technical Analysis Fallacy

Hi Friends, I am rediscovering a very important part of the "YOU" or "ME": Humility. It seems to be a very important part (or lets say the foundation) of a proper trading mindset. Wish you all the best! CU, MaMood

Technical Analysis Fallacy

Hi Jest, that sounds reasonable to me. But this kind of scaling does make sense only, if you are going for mid term positions, or you are in a multiday rescue .... ? BTW: Still have my problems with this fixed steps of scaling. I myself throw in ...

Technical Analysis Fallacy

Nothing wrong with it. Damage is part of the battle. And finally you have saved your book! As we are attempting the 1.1900 level atm - you have taken the right action. Just my 0.02 EUR

My trading journey

Hi again, not be mistaken: I'm trading fulltime already (means trading for a living). But i was not in front of my battlestation most of the time from february this year. Had do to some other urgent tasks .... CU, Niels

Technical Analysis Fallacy

Hi Dongsky, be carefull with your long positions. I always have ther Dow Future opened to gather some info about general sentiment. And DOW is falling like a rock too. Usually this is a hint that EURUSD will do so as well.... So please stay nimble ...

My trading journey

Hey Joy - glad to see you. Will start with fulltime trading around the 1st of July. But can't sit on my hands anylonger. Could not resist to dance from time to time. Hope everything is fine on your side! CU, Niels

Technical Analysis Fallacy

Wow - that'S powerdancing. Cool! This spike was one of my shortest rescues ever :-)

Technical Analysis Fallacy

I like my lady USDJPY. And she seems to like me :-)))

Technical Analysis Fallacy

Hi friends, do you remember that song fti has posted long time ago? Still love it .... video CU, MaMood

Technical Analysis Fallacy

Good Morning Friends. Phew - the EUR below 1.20. Have not checked the charts last friday, so it was a little suprise for me. Was expecting that some CB's would try to defend the 1.20 level. But as always - only the market will tell you the truth. ...

Technical Analysis Fallacy

Good morning Friends! Wish you a successful trading session today. Watchout for the major news events in US session. So stay nimble and follow the flow. CU, MaMood

Technical Analysis Fallacy

Hi Textor, not sure why he is not present here in the thread. But have seen him yesterday on facebook. He seems to be ok :-) CU, MaMood

Technical Analysis Fallacy

Hi again, that have been some quick steps with my favorite lady USDJPY. All I can say: Do not think too much when dancing. Just watch the PA and keep your sizes according to your MM. Well - as I have said many times. My dances are very high ...

Technical Analysis Fallacy

Hi Friends, starting my trading day very late today. will check if I can gather a few pips with this slow motion market. Wish you all the best. CU, MaMood

Technical Analysis Fallacy

Hi Dongsky, do you really use a full sized Lot for your scout? That is really a big sized one. So you need a lot of money to play within proper MM rules. I use the smallest size my broker allows: 0.1 lot. If possible, I would use 0.1 lot only ... ...

My trading journey