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Technical Analysis Fallacy

  • #57,501
  • Jun 23, 2017 6:25am Jun 23, 2017 6:25am
Quoting alexandria
{quote} That is what I meant exactly - when m5 mirrors d1/h1 I like it a lot. But whatever it can still go against us - market does what market wants - up to us which buses we want to to get on. We can be making pips but we are in killing fields. Alex

hi Alex and also to remember... "as above so below" will be best understood if coupled with another old adage - "know thyself" it is more on how you perceive one's self. it's a journey and all starts from within.

good trading my friend.
Success consists of going from failure to failure without loss of enthusiam
  • #57,502
  • Jun 27, 2017 9:15pm Jun 27, 2017 9:15pm
Quoting dongsky
{quote} hi Alex and also to remember... "as above so below" will be best understood if coupled with another old adage - "know thyself" it is more on how you perceive one's self. it's a journey and all starts from within. good trading my friend.

Good to see u man...
  • #57,503
  • Jun 28, 2017 12:55am Jun 28, 2017 12:55am
"...remaining humble and fluid is very powerful.
allows us easily adjust to terrain and life." (by FTI)


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Not to Advance is to Fall Back
  • #57,504
  • Jun 29, 2017 2:42am Jun 29, 2017 2:42am
Quoting dongsky
{quote} hi Alex and also to remember... "as above so below" will be best understood if coupled with another old adage - "know thyself" it is more on how you perceive one's self. it's a journey and all starts from within. good trading my friend.
Thank you so much my friend for your kind and wise words. I will think about what you have said.

It is hard to say things here sometimes as everyone needs to think and work at it there are no simple rules if A do B - but as Jupiter says it is also very simple if market wants to go up best to go with it and if down then best go down but need feel the buyers/sellers - oh and the games what a laugh ECB had yesterday they went hunting.


Alex
check out the terrain - follow never lead
  • #57,505
  • Jun 29, 2017 3:43am Jun 29, 2017 3:43am
forex not complicated. Just emotional can make the trader lose all the money. I am able to consistently to make 10% to 30% return per month in pass one year. PM me if you are interested. Happy piping.
  • #57,506
  • Jun 29, 2017 4:12am Jun 29, 2017 4:12am
Quoting HLAng
forex not complicated. Just emotional can make the trader lose all the money. I am able to consistently to make 10% to 30% return per month in pass one year. PM me if you are interested. Happy piping.

i see you posted the same or similar posts on other threads why not just say what you are selling!
-be careful about what you allow to be put in your mind-
  • #57,507
  • Jun 29, 2017 4:35am Jun 29, 2017 4:35am
Quoting phil13
{quote} i see you posted the same or similar posts on other threads why not just say what you are selling!
Yes. selling cheap idea to make the trader get 10% return per month.
  • #57,508
  • Jun 29, 2017 4:50am Jun 29, 2017 4:50am
Quoting HLAng
{quote} Yes. selling cheap idea to make the trader get 10% return per month.
Hello HLAng,

Congratulations with your individual achievement.

On the other hand, regarding everybody will be able to get 10% per month. "World is full of deceptions or fools?", I would state then. Or, I misunderstood your sentence?

Best regards, Exnav
Not to Advance is to Fall Back
  • #57,509
  • Jun 29, 2017 5:00am Jun 29, 2017 5:00am
Quoting Exnav
{quote} Hello HLAng, Congratulations with your individual achievement. On the other hand, regarding everybody will be able to get 10% per month. "World is full of deceptions or fools?", I would state then. Or, I misunderstood your sentence? Best regards, Exnav
Agreed. Erm.. actually i have my own strategic (price action). I willing to share my method and trading style in groupchat to everyone.
  • #57,510
  • Edited 5:40am Jun 29, 2017 5:08am | Edited 5:40am
Hello HLAng,

Thank you for your kind specification. As regards this TAF thread, being a learning member I would like to refer to the FTI's:

"In fact my friend.
everyone is wrong. i err lots too. but we try best practises not to be too far off to the extreme wrong end (absolute rigidity) and get punished for it.
Some days are diamonds , some days are stones.
...In trading , all is a flow.
No one knows how that flow until comes into the situations."

Enjoy your trading!

Best regards, Exnav

P.S. Edited:

My style and strategy is overt for public exposure: wait until PA shows her hands, send scouts for recce and strike if flow direction confirmed. Usually, it's "easy pisy" (FTI's). Although, counterattacks might be triggered in rescue mode.
Someone is warming water with frogs in it. That's why: "easy pisy". For overconfidently - complacent ones, more steel in balls for adequate response must be required.

For willing to become consistently profitable, good traders, All trading methodology is generously granted by FTI in this TAF book.

Otherwise, FTI wrote: "Even when you profitable, there's no harm learning stuff that enhances.
No one can know everything that optimises, comes with more and more experiences."
Not to Advance is to Fall Back
  • #57,511
  • Jun 29, 2017 6:07am Jun 29, 2017 6:07am
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Not to Advance is to Fall Back
  • #57,512
  • Jul 1, 2017 11:23am Jul 1, 2017 11:23am
Hello to all! Thanjs fti for you wisdom! I read the thread and want to ask. Maybe someone can show how to dance with fti's method. Maybe some senior of this thread or etc. video or few pictures or some live dance as fti gives leigsww or she gives to another. Sorry for bad English. Thanks!
  • #57,513
  • Jul 2, 2017 2:14am Jul 2, 2017 2:14am
Quoting protuberanec
Hello to all! Thanjs fti for you wisdom! I read the thread and want to ask. Maybe someone can show how to dance with fti's method. Maybe some senior of this thread or etc. video or few pictures or some live dance as fti gives leigsww or she gives to another. Sorry for bad English. Thanks!
Hi protuberanec

it is hard to do live stuff here while FTi is not around as people do not want to mislead anyone as he is not available to correct any mistakes we may make, at the end of the day though you will have to find your own way of trading using your own personal experience and learn to stay within your own personal tolerances. for me the first 200 pages (and the rest of the thread) was/is like having a basic training manual to build on, it shows us all the correct areas we need to investigate and the paths we need to walk down to understand how the market works and develop a good strategic thinking mindset to be able to take on this endeavour.

maybe try looking for the journals of some of the people who have been around for a while, 'dongsky' (post 57,501 above) has very good one that he did live for quite some time.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #57,514
  • Edited 5:30am Jul 2, 2017 4:14am | Edited 5:30am
Quoting protuberanec
Hello to all! Thanjs fti for you wisdom! I read the thread and want to ask. Maybe someone can show how to dance with fti's method. Maybe some senior of this thread or etc. video or few pictures or some live dance as fti gives leigsww or she gives to another. Sorry for bad English. Thanks!
Hi, this is a small exercise, by no means is it the entire thread, it's just meant for you to practise till you get the feel the trend aspect.

Get the 5mins, 1hrly and daily chart up for eurusd usdjpy and gbpusd as well as the crosses to observe the 3k relation.

Phase 1, my own suggestion, where I learn to develop the feel.
If hourly is trending, go with hourly trend, deploy scouts as 5min develop into hip and lops. Try this on a demo account to get the feel. Then as the compound hip lop formation forms, which shows us how the form of the market might be, trend with us trend against us or no trend. Do this for awhile. See how you fare, this is a 5min swing trade mo. Is basic way to get into learning to feel the markets pulse. Cut loss, let profits ride till you feel it may not go anymore. You will see this is inline with how gann trades. Ganns basic mo is swing trading in trend, range trading in range bound terrain. With attack as core, no rescues, fibo skew in attack with 0.6 factor.

This exercise is only meant to introduce you to the feel the trend aspect, everything is built on the feel the trend aspect so this is the basic foundation. Then everything fti has shown, about market form and all, compound bar reading will lend itself to the feel the trend aspect, especially, the hip lop timing aspect. This is the first step to learning to dance. The skewing aspect, as well as the attack and rescue must work with the feel the trend aspect. So learning the feel the trend is a must.

Phase 2
Then when you get the feel, then on demo, expand into 1 1 1 skew to do attack and rescue. Fti suggested exercise is 20 troops deploy them to learn to deploy multiple troopers.

Phase 3
Then when you get better at it, expand it to use fibo skew to do attack and rescue on demo. 1.6 rescue and 0.6 attack skews.

Then when you get better at it with the fibo skew, do it on real money on a small account.

Sometimes the tsunami case comes, you need to learn to manage these.

Lastly, each time you complete a phase, read the thread again. Or each time you make a mistake read the thread again for reference.

This should start you off. In truth nobody can teach you to trade better than the markets itself. What's provided here is just a reference, the actual learning comes only when you get your hands dirty trading the markets.

The journals are very helpful, reference them when you can, but the actual learning must be done in the markets directly. This is because you must hold to the live running battle mindset when in actual trades, the one thing pictures and videos cannot teach is the feel of battle, you must go to the battlefield to feel the battle.
  • #57,515
  • Jul 2, 2017 4:41am Jul 2, 2017 4:41am
Quoting protuberanec
Hello to all! Thanjs fti for you wisdom! I read the thread and want to ask. Maybe someone can show how to dance with fti's method. Maybe some senior of this thread or etc. video or few pictures or some live dance as fti gives leigsww or she gives to another. Sorry for bad English. Thanks!
There hasn't been presented any method of entries and exits throughout this whole thread, it's 2800 pages of memes, music videos, repeating "you need to learn to dance the market bro, just learn to dance" and hanging on every word of bullshit fti has spouted. The only concrete information provided by him is that indicators don't work, but everyone knows that.
  • #57,516
  • Jul 2, 2017 4:41am Jul 2, 2017 4:41am
Quoting protuberanec
Maybe someone can show how to dance with fti's method. Maybe some senior of this thread or etc. video or few pictures or some live dance as fti gives leigsww or she gives to another.
Hello Protuberanec,

Thank you for coming back to TAF book with your request. I'm not a senior here. So, just to share some points with you.

As we can see, you made 2 years of studying after having got FTI's advice in Ukrainian as well.

I entirely endorse the thoughts given by Phil13 and CookieMonsta. And want to refer to FTI's: "reading things can be useful.
only if one intends mastering it.
reading is good.
makes one aquire ability argue and debate subject.
mastering requires practise.
practitioners seldom argue, they too busy."

As I stated before, I am of no capacity neither to teach nor advice. It's individual journey. At least, for me MO is very intimate. Notwithstanding, if you were interested, so not to bother the Thread, I might answer to you in Russian language via PMs (you may also write in Ukrainian there).

Generally,
"to break away from that requres much work and re training.
Thats why is difficult teach old dogs new tricks.
Is called muscle memory.

Is not possible a trader can enter every trade correctly.
there is no such thing as correct.
Is how you manage , that determines bottom line.
sometimes is easy, sometimes is a journey thru fire and brimstone and come out flat." (by FTI)

Maybe still, there would be someone able to provide you with direct manual lessons in accordance with FTI skills and wisdom "Generally is hard to describe the process, on actual hand held sessions you will learn begin get that dance rythm." (post No 25877)

Enjoy your trading!

Best regards, Exnav
Not to Advance is to Fall Back
  • #57,517
  • Edited 5:44am Jul 2, 2017 5:08am | Edited 5:44am
Quoting player1pl
{quote} There hasn't been presented any method of entries and exits throughout this whole thread, it's 2800 pages of memes, music videos, repeating "you need to learn to dance the market bro, just learn to dance" and hanging on every word of bullshit fti has spouted. The only concrete information provided by him is that indicators don't work, but everyone knows that.
I just provided 1 which is the hips and lops, basic swing trading mo.

You should read closer, and think more, before you make sweeping statements like this. The only thing your post did was to show everyone you didn't understand the thread at all. There have been many people who actually made good money learning to trade from here.

What you write above is trying to teach people rigidity.

That is why fti does not provide entries, just best practises to manage trades.

The markets by itself is a market making system. By nature it is meant to match buyers and sellers, by having a line or indicator, especially those rigid ones. If you actually like a machine you will lose your account like a black box.

Have you ever seen professional martial artist fight? Imagine if they just throw punches out like entries and exits, they won't even make it anywhere past the first round. they would be full of openings for their opponent to exploit.

whats taught here, is the basic inner workings of the markets, and a method to survive it, here, people are taught to think for themselves, nobody here is taught to be a like rigid machine.
  • #57,518
  • Edited 6:06am Jul 2, 2017 5:46am | Edited 6:06am
Quoting player1pl
{quote} ...and hanging on every word of bullshit fti has spouted.
Hello Player1pl,

Dziękuję! Ale bardzo mnie podoba się ten "bullshit".

Could you just please clarify your point of contribution here.
As far as I'm personally concerned, I have indeed learnt from FTI about entry and exit. It's within this TAF thread. Reading is not always understanding, neither properly applying. Difference for really willing ones is that entries and exits are in the Now Flow. When you feel the Pulse, you are able deploy and still, you may not be right, and then (again) you must FEEL the Pulse and respond so that to keep your book safe. Simple but fluid and not rigid.

Enjoy your trading!

Best regards, Exnav

P.S. Example:

One of my acquinted (Fx Spot Pro) introduced me with his MO. Very Exact point of Entry and precise number of pips to Exit. He has always been doing the same and in only one general direction for a single currency pair. He IS a PRO, consistently profitable trader. But do you understand why you might not be able (seemingly or presumably, that derives from your own statement at post 57515) to apply such "EXACT" MO? The answer is in my original text above...
Not to Advance is to Fall Back
  • #57,519
  • Jul 2, 2017 9:04am Jul 2, 2017 9:04am
Quoting protuberanec
Hello to all! Thanjs fti for you wisdom! I read the thread and want to ask. Maybe someone can show how to dance with fti's method. Maybe some senior of this thread or etc. video or few pictures or some live dance as fti gives leigsww or she gives to another. Sorry for bad English. Thanks!
Sorry I do not know of anyone who does that so cannot help. I have not watched anyone in live just learning myself and reading lots from the thread and my friends here to help confirm what I try to do is on right or wrong path. It has taken me much studying and reading to actually get the simplicity of what FTI is presenting - yet it is not so simple. All the answers are in this thread - you just need to find and understand them.

FTI gives his nice example near start of thread - you could write a book about that alone. We need to get out in market to learn anyway - it is a journey and skills take time.

......just stalk the market, wait for right timing - scout around to get feel of terrain - when you have it sized then attack - if ill timed go back to stalking - if on time make em pay big time - this is FTI. Still pray he is doing ok.

Alex
check out the terrain - follow never lead
  • #57,520
  • Jul 2, 2017 9:33am Jul 2, 2017 9:33am
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Not to Advance is to Fall Back
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