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Technical Analysis Fallacy

  • #62,041
  • May 17, 2020 3:34am May 17, 2020 3:34am
Morgan has story for you.

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  • #62,042
  • May 17, 2020 3:45am May 17, 2020 3:45am
Ok time to feed the drs.
undertakers need to wait.

Wah. Careful with the needle missi?

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  • #62,043
  • May 17, 2020 5:00am May 17, 2020 5:00am
Greetings and respect to you FTI.


i stop trading technical
why: i read your post and i finally agree to it cos i read your bio
(hhmmm i started trading after you retired) it enough to slow me down.


but i got alot of questions and i will not waste your.


1. Can an individuals like me( not bank or the big boys)
make money from Forex? or make steady monthly income.


if yes


can you open new topic share/teach only what can make individual steady income/profit
(books) if you can not go straight to the point and teach.
(it punishment to read 3103 pages)


i humble my self before you... if you have nothing to lose.

story for the later:
i spend 99% of my time doing technical for the past 12 years but broke is my nick name lol:
(2)system that i have survived 10 year but do not make good money... so why trade/invest.

... i cant afford 1% of any luxury cos no steady income/profit.(no money / no good life/ family)


thank you for your time and experience.
  • #62,044
  • May 17, 2020 8:39am May 17, 2020 8:39am
Quoting dbrown101
saw an interesting documentary today about dealers. Thought I'd share here. https://www.youtube.com/watch?v=mNmbjQhTHnE around 13 minutes in it shows some of the tactics used by dealers to "make things happen" .
yes, great video on market structure, the tactics, and how to read the charts!!
THE ALL is MIND; The Universe is Mental
  • #62,045
  • May 17, 2020 9:24am May 17, 2020 9:24am
Reading thread is so difficult for some peeps.
writing it is easy pizzy. So easy.

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Understand, they never will.
Banana.
Its dufficult read think and act at the same time.
cpu overcocked.
  • #62,046
  • Edited 9:54am May 17, 2020 9:36am | Edited 9:54am
Quoting ehinomenmh
Greetings and respect to you FTI. i stop trading technical why: i read your post and i finally agree to it cos i read your bio (hhmmm i started trading after you retired) it enough to slow me down. but i got alot of questions and i will not waste your. 1. Can an individuals like me( not bank or the big boys) make money from Forex? or make steady monthly income. if yes can you open new topic share/teach only what can make individual steady income/profit (books) if you can not go straight to the point and teach. (it punishment to read 3103 pages)...

12 years doing technical what?
And how many systems do you use?
50?

By the way who trained you?
And how much do i owe you?

Get straight to the point?
Have you read the thread yet?.
My point.

Regards.

Many here can help you.
but maybe they wondering if..... Just wait 12 more years maybe will chillboff and stop blaming others for failure.
1st lesson. Know your........ MINNIONS

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  • #62,047
  • Edited 10:22am May 17, 2020 10:04am | Edited 10:22am
Repeat.

Pay schooling.
Ok how many lost? Donated to him?
Ask him his secret.

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Ask also his secret.
https://www.forexfactory.com/showthr...4#post12929554
  • #62,048
  • May 17, 2020 10:30am May 17, 2020 10:30am

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  • #62,049
  • May 17, 2020 7:30pm May 17, 2020 7:30pm
I have been trading price action, while I still have RSI and MACD on my charts, I don't rely on them much. My problem is knowing when to exit a trade, hoping to gain a bit of wisdom here reading through the experiences and advice from successful traders.
  • #62,050
  • May 17, 2020 8:22pm May 17, 2020 8:22pm
Quoting fti
{quote} It depends on how much foreign cap you have for burning. Good decision would be to trade for break even and square to regroup analysis. If you traded from when up wave 1 2 started should have good blotter ave cost. if you eyeing for catch 5th wave only, then you mind is bias. So cut losses and learn the lesson. Not all 5 th wave can be caught late. Costing of blotter is important. So trade every wave. One day you may accidently ride a 5th wave. Don't sit wait for something ir someone that may not show. Regards
do you mean .... to keep trading every wave (1 and 2) w scouts to build up foreign capital.
ie, pick up scraps every wave
if the terrain looks favourable , ie wave 3 and 4, then , depending on how much foreign cap, increase attack skews to capitalize on it to attack the 5th wave.

dont just look for the 3 + 4 + 5 th wave, cos it will make me biased.
being biased will make me overlook opportunities and also condamn me to irrational rescue operations...
  • #62,051
  • May 17, 2020 9:49pm May 17, 2020 9:49pm
Quoting fti
Repeat. Pay schooling. Ok how many lost? Donated to him? Ask him his secret. https://youtu.be/S-e1MxcjFDk Ask also his secret. https://www.forexfactory.com/showthr...4#post12929554

Chief,

Was it ur one of ur old prodigy?..

V
  • #62,052
  • May 17, 2020 10:41pm May 17, 2020 10:41pm
hi everyone, hope everyone is doing good in markets.

been reading a little more while swimming with the sharks in the forex ocean.
trying to dance and feel the pulse.

the billion dollary day documentary i think it was posted before..
but another look at it after reading up the thread and dancing somehow make ones think more.
eg.
like daylight trading (the 2traders in hk & london)
there is no news and have to reply on instinct <narrated> sort of like feeling the pulse of the market
we also see them doing those hunting taking out peoples position the london guy said it himself!
and when the russian came, he was quickly to add on his position. sort of like us to increase the skew when in the right direction.
he was also reminded by the boss to take the 20pip profit quickly and close his position with other traders helping him and i think they say took just 3min.
then come the part on having positions during news (money supply figure)
which he has position and came out bad news causing him to lose.. (don't trade the news)
but i think interesting is what he mentioned long term these actions wouldnt have much dramatic impact but day to day they can do it to their favor.
and then i don't see charts at all!
not showing them doing rescue trade though but rather they cut their losses very quick and do ton of trades.
just my views i may be wrong though.

trying to learn more here.
regards.
  • #62,053
  • May 18, 2020 3:57am May 18, 2020 3:57am
Quoting appleboy
{quote} do you mean .... to keep trading every wave (1 and 2) w scouts to build up foreign capital. ie, pick up scraps every wave if the terrain looks favourable , ie wave 3 and 4, then , depending on how much foreign cap, increase attack skews to capitalize on it to attack the 5th wave. dont just look for the 3 + 4 + 5 th wave, cos it will make me biased. being biased will make me overlook opportunities and also condamn me to irrational rescue operations...
Tell you what.
go watch a movie.
After 15 minutes, go walk outside 15 minutes.
then go watch movie 15 mi utes. Then go iutside walk about 15 mins.

Tell me abiut the movie you watched.
  • #62,054
  • May 18, 2020 4:00am May 18, 2020 4:00am
Quoting Lendir
I have been trading price action, while I still have RSI and MACD on my charts, I don't rely on them much. My problem is knowing when to exit a trade, hoping to gain a bit of wisdom here reading through the experiences and advice from successful traders.
When have orgasm get out.
for those not know about orgasm, is a board game you can get at popular book store.
  • #62,055
  • May 18, 2020 4:00am May 18, 2020 4:00am
Quoting indianguyinny24
{quote} Chief, Was it ur one of ur old prodigy?.. V
No, i don't know anybody.
Is he work at pimco too?
  • #62,056
  • May 18, 2020 4:30am May 18, 2020 4:30am
Quoting fti
{quote} Hi Alex Understand the general influence of these laws will help your timing. read these and see if you can understand, indepth understanding is not required. Understanding of its influence is the foundation. http://csep10.phys.utk.edu/astr161/l...wton3laws.html http://www.ajna.com/articles/everything_in_motion.php Also try to understand what "gravitation to the mean" means. regards PS: If you want to go indepth Law of vibrations, read the enclosed pdf
Hi fti,

Sorry to quote such an old post of yours but i am interested in reading the two links you shared in the above post but the links have both expired. Is there anyway you could share them again please?

Thanks
  • #62,057
  • May 18, 2020 8:50am May 18, 2020 8:50am
Beware morgag stanley hk.
Feed correct wolf?
https://m.facebook.com/story.php?sto...75737142706194
  • #62,058
  • May 18, 2020 8:54am May 18, 2020 8:54am
Quoting Bhavick
{quote} Hi fti, Sorry to quote such an old post of yours but i am interested in reading the two links you shared in the above post but the links have both expired. Is there anyway you could share them again please? Thanks
Sorry i am not magician, don't know how to fix internet.
Regards
  • #62,059
  • May 18, 2020 9:07am May 18, 2020 9:07am
Quoting Bhavick
{quote} Hi fti, Sorry to quote such an old post of yours but i am interested in reading the two links you shared in the above post but the links have both expired. Is there anyway you could share them again please? Thanks
Newton's Three Laws of Motion

Gann Law of Vibration

google has it.
  • #62,060
  • Edited 11:41am May 18, 2020 11:15am | Edited 11:41am
Becareful, someone switched off the aircond.
Only 1 word, curruption.
Is the bogged swamp going get drained?

https://m.facebook.com/story.php?sto...75737142706194

And some are whipping mouths after kissing chinese asses and mules.

https://m.facebook.com/ChinaDeclassi...&refid=52&_rdr

Here napkin whip the sauces off your mouth.
Next time kiss carefully.

Its not my fault.
the neighbour's wife came over f me in my house.
Its the neigh boar's fault.

Drink up your milk and go to bed.
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