Hi mijamoto, What you have discribed is right. Thats why I started this thread, to try and help some traders, esp new traders. What you stated are just the educated view. When in position, the ability to hold to correct mindset, distinguishes "the ...

Technical Analysis Fallacy

Hi Hapasasa, I didn't wanted to sound mean, but I hold very close to my pro ethics. Complacency develops bad trading habits, if you can understand. Once the bad habits entrench, then traders begin to lose their pro mindset. It is not prudent to let ...

Technical Analysis Fallacy

Hi Hapasasa, Don't play god. Give it a miss, if you cannot babysit. Never play god. The risk must be managed. We just got out of a USD roller coaster ride, the trend is set. The exposures must be danced. Retrace it surely must. Question is how deep? ...

Technical Analysis Fallacy

Yes, but what does it mean? Think! deeep. What is its ealationship to the law vibrations and the law of motion? Whats the MO and MM to defeat it? regards

Technical Analysis Fallacy

AOW is free, its given. read carefully, understand and practise. You will not understand unless you read, comprehend and prsctise. Trade demo, the market will teach you, many lessons. regards

Technical Analysis Fallacy

[QUOTE=mijamoto;1879382] @mijamoto, you have not read this thread!. Don't take short cut. regards For those following closely, all the true studies got adulterated with 1 fallacy, "predictive". Remove that and you have the truth of the reserchers. ...

Technical Analysis Fallacy

Wrong. Law of motion. Law of vibrations. 20 mins is his average hold. It is average not fixed. Change can only come about, when change happens with effects of law of motion. Remember, Sun Zi Bi Fa? reread water motion. The legend mastered the ...

Technical Analysis Fallacy

You are right. used pyramiding and never spent more than 10% on the trade. He beated the market beacuse of his strong mentality and he was aware that everything is moving in cycles. in red is filler. Now analyse how I trade, then relate. Read the ...

Technical Analysis Fallacy

Do you believe in magic? Or the signs in the stars? or the mystics? or that God trades? then you will be lost. Plant your feets back on the ground. then trade , with experience, you will understand the truth. If you cannot understand, then ask the ...

Technical Analysis Fallacy

Hi mijamoto, Read and think carefully, This legend became famous because of this report: "in the presence of our representative, 286 transactions in various stocks, in 25 market days, on both the long and short side of the market. 264 of these ...

Technical Analysis Fallacy

@ Northpro, Thanks for the PM. Sorry couldn't reply as overwelmed with email while on the move. read carefully, its written by a trading legend. regards

Technical Analysis Fallacy

Hi ALL, The Charge of the Light Brigade Alfred, Lord Tennyson 1. Half a league, half a league, Half a league onward, All in the valley of Death Rode the six hundred. "Forward, the Light Brigade! "Charge for the guns!" he said: Into the valley of ...

Technical Analysis Fallacy

Hi ALL, Hope your battles are fulfilling, Have been off base and will be travelling again. Seems pretty quiet here, just popin to tell that all is well for me. Took a look at the markets, seems the feds gonna have their hands full soon. Dance well. ...

Technical Analysis Fallacy

Hi ALL. It has been a journey. I will be away for a little while ( may be a month or so) as I have to attend to some task. I will however check back , when able to do so. Most of the essentials, I believe I have posted on this thread. There are fine ...

Technical Analysis Fallacy

Hi ksl, Wow, power stuff. Thanks As in all things, do not take things as gospel. Think, investigate, feel it to seek the truth. No one should allow one to be brainwashed, then redone by the another. Use God given abilities. regards

Technical Analysis Fallacy

Changing the mood. — Hi ALL, For mood change. url Do not forget to watch the insistant bull usd now while enjoying this clip. This is typical bullshit in action, but who cares just take the pips that they give. Try to avoid the traps. ...

Technical Analysis Fallacy

Hi Lusan, Am I reading right? You really mean that your attack sequense is 3,2,1 and your rescue is 3,9,20 . Right? So your attack is a reverse fibo and your rescue is a greater than martingale. How's your dance, is it good so far? regards

Technical Analysis Fallacy

Hi superdezign, May I introduce to defer in your statement. "That prices moves up when there are more buyer than sellers, and it is just that." Generally, this is true, in markets, that are 100% efficient. ie Structured markets like futures ...

The Ultimate Fallacy in Technical Analysis

Request — Hi ALL, Sorry that I have not been active in the Trading Room. I had been very engaged at my thread at the common area, as well as some other personal chores. Initially , I had this same issue bugging me, about the retail Fx broking ...

whats with this "hedging" thing??

Hi gfsr, LOL, well, lets see how they are going to back paddle the situation. Wonder what spooked them to panic, the way they did. Socgen incident is too lame an excuse. But what's really weird is the strength in the USD now. Maybe there's bigger ...

Technical Analysis Fallacy