Dislikedhttps://youtu.be/oDvYLJBffNk Can't find peter paul mary jesus christ Kingston ssd instead. https://youtu.be/bI3QVsW30j0Ignored
- Post #60,281
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- Nov 9, 2019 11:12am Nov 9, 2019 11:12am
- | Joined Jan 2019 | Status: Member | 278 Posts
- Post #60,282
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- Nov 9, 2019 2:38pm Nov 9, 2019 2:38pm
- Joined Nov 2007 | Status: member | 17,886 Posts
- Post #60,283
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- Nov 9, 2019 2:46pm Nov 9, 2019 2:46pm
- Joined Nov 2007 | Status: member | 17,886 Posts
- Post #60,284
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- Nov 9, 2019 5:35pm Nov 9, 2019 5:35pm
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- Post #60,286
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- Edited at 4:18am Nov 10, 2019 3:57am | Edited at 4:18am
- Joined Jul 2011 | Status: an ant working the structure | 2,178 Posts
my view on this is......
It states here that scouts are expendable.
If you can not or have to think about killing a scout then ..
1. Your sizing is wrong (scout to full trade size).
2. you have mindset problems and do not understand the value of the scout.
3. You have misunderstood what is here and so you are not listening to your scouts.
4. All of the above is an issue for you.
Regards
Phil.
edit/add..
AOW...
4. Thus, what enables the wise sovereign and the good general to strike and
conquer, and achieve things beyond the reach of ordinary men, is foreknowledge.
5. Now this foreknowledge cannot be elicited from spirits; it cannot be obtained
inductively from experience, nor by any deductive calculation.
6. Knowledge of the enemy’s dispositions can only be obtained from other
men.
7. Hence the use of spies, of whom there are five classes:
(a) Local spies;
(b) inward spies;
(c) converted spies;
(d) doomed spies;
(e) surviving spies.
It states here that scouts are expendable.
If you can not or have to think about killing a scout then ..
1. Your sizing is wrong (scout to full trade size).
2. you have mindset problems and do not understand the value of the scout.
3. You have misunderstood what is here and so you are not listening to your scouts.
4. All of the above is an issue for you.
Regards
Phil.
edit/add..
AOW...
4. Thus, what enables the wise sovereign and the good general to strike and
conquer, and achieve things beyond the reach of ordinary men, is foreknowledge.
5. Now this foreknowledge cannot be elicited from spirits; it cannot be obtained
inductively from experience, nor by any deductive calculation.
6. Knowledge of the enemy’s dispositions can only be obtained from other
men.
7. Hence the use of spies, of whom there are five classes:
(a) Local spies;
(b) inward spies;
(c) converted spies;
(d) doomed spies;
(e) surviving spies.
-be careful about what you allow to be put in your mind-
- Post #60,287
- Quote
- Nov 10, 2019 6:54am Nov 10, 2019 6:54am
{quote} Hi, Jacque. I learn a lot from your post, thank you Sir.Yes, Sir. Of course, I supposed in demo account only,
. Don't try this LIVE.. FTI is trying to help him to tame the stubborn bias mind (scorpion) first, by lowering the capital. That's the fastest method to face his scorpion. That's what I thought. Maybe I am wrong. Regards,
Hi,
we are online friends. no need address me sir. i am glad it helped you.
demo or not, it is a training to take it as though it is real. what you suggest will encourage excess risk taking on a already disoriented mindset which will further disoriented it. just imagine the f1 driver just crashed his car, he will need to rest to forget the incident and rehabilitate on small steps to come back to his peak.
rehabilitation MO is on thread. read it carefully
THE ALL is MIND; The Universe is Mental
- Post #60,288
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- Nov 10, 2019 9:29am Nov 10, 2019 9:29am
{quote} Hi, we are online friends. no need address me sir. i am glad it helped you. demo or not, it is a training to take it as though it is real. what you suggest will encourage excess risk taking on a already disoriented mindset which will further disoriented it. just imagine the f1 driver just crashed his car, he will need to rest to forget the incident and rehabilitate on small steps to come back to his peak. rehabilitation MO is on thread. read it carefully
I agree
But IMHO...
Different disease, different medicine.
对症下药 how to say in English? "to suit the remedy to the case" . Is it? Google translate
. Is most effective and important.Let's ask the doctor in charge
Cheers,
- Post #60,289
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- Nov 10, 2019 9:50am Nov 10, 2019 9:50am
- | Joined Jan 2019 | Status: Member | 278 Posts
- Post #60,290
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- Edited at 11:22am Nov 10, 2019 11:03am | Edited at 11:22am
Hello ant,
I know I wasn't asked to review this but I thought I'd give my two cents as I felt I had a good "read" on these moves as I traded of these legs down rather succesfully.
Fti and all , please correct me if my analysis is off.
this was my thought process for these trades.
Daily trend is down. The major trend on daily is down. the intermediate move we are in is still down (although the last minor high was taken out there is no higher low yet confirming an intermediate movement up). This last week was a minor move to the downside where the double tops that I highlighted in blue cued me to that possibility. I know that the analysis of all these trends are far out of our time scope but it helps me to know the possibilities and probabilites by knowing which move we are in and where we are in that move. 
that was looking at daily trend so now on to her "form".
from looking at your chart I see that first buy you place was around the support that I highlighted with a blue box on my daily chart. given that there was no bottoming formation on the hourly (signaling that support was going to hold) any longs there, if attempted, should have been nimble and swift with position sizes reduced and only foreign cap to risk as all the pressure was downwards for the euro.
given that you traded a corrective move to the upside, I wouldve been cautious and ready to flip with the trend and follow to the downside where I highlighted on your chart(or most likely sooner given the other factors).
on your second buy in you were again buying into a corrective move against trend where a minor double top appeared signaling that corrective move may be over and another impulsive move to the downside would continue
remember fti quote "swift rubberband snap backs in direction of trend and slow puffy moves countertrend"?
as for sellx10 on your chart i wouldve left that in (depending on capitalization and reserve ammo for rescue) or reduce size and go into rescue mode with my cut loss being where those minor tops I highlighted the end of the corrective move. this meaning that you are rescuing with down trend still in tact. this is all depending on how much loss you booked on those buy positions(ex: how much foreign cap? account size/position size? can I afford these maneuvers?) or if you flipped where I highlighted.
Its hard to explain because of the endless possibilities/scenarios. Its also easier to see these things from hindsight and much harder to follow in the now but these were generally my thoughts/ plans during these moves.
I know this was a long winded post (i said Id give my two cents but it ended up being $10 bucks)
This is why it is important to have a good foundation in Dow theory(edwards/mcgee) and BASIC elliot(impulse/corrective). It seems complicated at first and that a lot of thought goes into a trade but im realizing it becomes second nature (most of the daily analysis just falls to the back of the mind because it doesnt change very fast) and all of it becomes pacing the moves and flowing with her.
lastly here is a decent article on identifying impulse/correctives. although wave characteristics can mutate and change. this is why we have money management and MO.
https://2ndskiesforex.com/trading-st...nd-corrective/
I know I wasn't asked to review this but I thought I'd give my two cents as I felt I had a good "read" on these moves as I traded of these legs down rather succesfully.
Fti and all , please correct me if my analysis is off.
this was my thought process for these trades.
Daily trend is down. The major trend on daily is down. the intermediate move we are in is still down (although the last minor high was taken out there is no higher low yet confirming an intermediate movement up). This last week was a minor move to the downside where the double tops that I highlighted in blue cued me to that possibility. I know that the analysis of all these trends are far out of our time scope but it helps me to know the possibilities and probabilites by knowing which move we are in and where we are in that move.
that was looking at daily trend so now on to her "form".
from looking at your chart I see that first buy you place was around the support that I highlighted with a blue box on my daily chart. given that there was no bottoming formation on the hourly (signaling that support was going to hold) any longs there, if attempted, should have been nimble and swift with position sizes reduced and only foreign cap to risk as all the pressure was downwards for the euro.
given that you traded a corrective move to the upside, I wouldve been cautious and ready to flip with the trend and follow to the downside where I highlighted on your chart(or most likely sooner given the other factors).
on your second buy in you were again buying into a corrective move against trend where a minor double top appeared signaling that corrective move may be over and another impulsive move to the downside would continue
remember fti quote "swift rubberband snap backs in direction of trend and slow puffy moves countertrend"?
as for sellx10 on your chart i wouldve left that in (depending on capitalization and reserve ammo for rescue) or reduce size and go into rescue mode with my cut loss being where those minor tops I highlighted the end of the corrective move. this meaning that you are rescuing with down trend still in tact. this is all depending on how much loss you booked on those buy positions(ex: how much foreign cap? account size/position size? can I afford these maneuvers?) or if you flipped where I highlighted.
Its hard to explain because of the endless possibilities/scenarios. Its also easier to see these things from hindsight and much harder to follow in the now but these were generally my thoughts/ plans during these moves.
I know this was a long winded post (i said Id give my two cents but it ended up being $10 bucks)
This is why it is important to have a good foundation in Dow theory(edwards/mcgee) and BASIC elliot(impulse/corrective). It seems complicated at first and that a lot of thought goes into a trade but im realizing it becomes second nature (most of the daily analysis just falls to the back of the mind because it doesnt change very fast) and all of it becomes pacing the moves and flowing with her.
lastly here is a decent article on identifying impulse/correctives. although wave characteristics can mutate and change. this is why we have money management and MO.
https://2ndskiesforex.com/trading-st...nd-corrective/
- Post #60,291
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- Nov 10, 2019 11:50am Nov 10, 2019 11:50am
- | Joined Jan 2019 | Status: Member | 278 Posts
- Post #60,293
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- Nov 10, 2019 3:30pm Nov 10, 2019 3:30pm
- Joined May 2009 | Status: Member | 2,908 Posts
- Post #60,295
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- Edited at 6:43pm Nov 10, 2019 6:31pm | Edited at 6:43pm
{quote} Hi, Jacque, I agree
You sounded convenient. How about you throw someone who have just drowned in the swimming pool, now into the open sea?
how about you now trade 10x the size u did? Keep same scout size, now reduce ur capital to 10%. Sure max pressure , 1 small move in market will blow ur lid.
after 10 years and 3000 pages of thread. You have the cheek to ask the doctor how to stay alive? Did u read how fti spread butter on his dealers when they crashed , what about green_david crash?
how do you obey with the 3 rules? If the trading risk is not reduced corresponding ?
which thread did u read? It is not AOW, It is not FTI’s MO.
be careful u cut urself.
THE ALL is MIND; The Universe is Mental
- Post #60,296
- Quote
- Edited at 8:30pm Nov 10, 2019 7:24pm | Edited at 8:30pm
{quote} Hi, You sounded convenient. How about you throw someone who have just drowned in the swimming pool, now into the open sea? how about you now trade 10x the size u did? Keep same scout size, now reduce ur capital to 10%. Sure max pressure , 1 small move in market will blow ur lid. after 10 years and 3000 pages of thread. You have the cheek to ask the doctor how to stay alive? Did u read how fti spread butter on his dealers when they crashed , what about green_david crash? how do you obey with the 3 rules? If the trading risk is not reduced...
Happy Monday all,
Please read this, what fti quote in response to ant's post :
"Throw away this demo.
Srart again another demo 50%less capital.
I want you under more intense pressure.
Will teach you never do thesame mistake again.
See the suffering involve now just to come to beark even par.
Regards
Be forewarned, if you still not disciplined, from 50%down, you may not make it in time to hospital."
50% less capital, if initial capital is 10k then reduce to 5k is it?
if in 10k acc, you open 1 lot then 2 lot then 4 lot. tell me is it the same if you half down capital and the lot size.
5k acc, you open 0.5 lot then 1 lot then 2 lot. Or is there something I missed?
The point, fti is trying to teach disciplined here...
Are we on the same page, brother?
Cheers,
I am just a stupid old newbie, brother. Please go easy on me
- Post #60,297
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- Nov 10, 2019 8:38pm Nov 10, 2019 8:38pm
- Joined Nov 2007 | Status: member | 17,886 Posts
- Post #60,298
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- Edited at 9:04pm Nov 10, 2019 8:48pm | Edited at 9:04pm
- Joined Nov 2007 | Status: member | 17,886 Posts
- Post #60,299
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- Nov 10, 2019 9:07pm Nov 10, 2019 9:07pm
- Joined Nov 2007 | Status: member | 17,886 Posts
- Post #60,300
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- Nov 10, 2019 9:40pm Nov 10, 2019 9:40pm
- Joined Nov 2007 | Status: member | 17,886 Posts
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