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  • #1,481
  • Feb 13, 2008 11:59pm Feb 13, 2008 11:59pm
Quoting loonyew
Regarding this point....if i m not mistaken FTI mentioned somewhere that just dance in one direction.....correct me if i m wrong...
Yes he did say that.
The reason I think is because it's like swimming against the current, even though you are heading in what looks like the right direction with the PA on a pullback, it can turn back to the trend direction pretty quickly without warning.

I think if you must trade, find a pair that the PA is set up in your favour and trade with the larger TF trend rather than entering at the wrong time or direction and possibly into a protracted battle.
  • #1,482
  • Feb 14, 2008 2:28am Feb 14, 2008 2:28am
FTI and Leigh:
Thank you so much for this thread
I was a little beat late
So it took me already 1 week to read this thread (I'm still on 81 page)
But Your teachings are great helped me
I dance naked chart for 5th day already (it is 5% up of equity)
I have been reading thread...
I will post my interpretations of AOW later.
Keep up your really kind good work
All:
Thank you for your great contributions
it's o'k to win ...
  • #1,483
  • Feb 14, 2008 4:31am Feb 14, 2008 4:31am
Quoting loonyew
Regarding this point....if i m not mistaken FTI mentioned somewhere that just dance in one direction.....correct me if i m wrong...

i found that whenever we are dancing the wrong direction....which is agaisnt the trend.....i changed the rescue team into attack team.....until further retarcement only i change back into rescue team.....will this be better?....coz i can make more pips in this way....it is like dancing in 2 different directions....but...the feeling is not bad...

FTI is there any reason why just dance one direction?....
Loonyew, that is what I do. I trade the E/U, but maybe MikeD has a good point: use 2 somewhat inversely correlated pairs. The problem is they have a wider spread than E/U. Maybe that is a price needed to reduce the risk. I wonder about fti opinion.
Empty as water and soft as a facing wind mountain
  • #1,484
  • Feb 14, 2008 5:14am Feb 14, 2008 5:14am
Eureka,
Thanks everyone.
I think I understand your thinking and I'm on the same wave length now.
Its taken me a while but it was worth it.
This dance thing is great.
Steve
  • #1,485
  • Feb 14, 2008 12:52pm Feb 14, 2008 12:52pm
stewrigh, luSan, Jairo, loonyew and others.....the rescue process seems to be better for me for these reasons:

-losing sucks
-turning a loser into breakeven or a winner is great for confidence/moral for troops, commanders and generals
-the act of digging yourself out of a hole is still creating a hole or the potential for a bigger hole.....
-leigh thinks it is fun!
-being decisive is better for me than changing my mind and second guessing all the time

I entered a trade last night that went against me, but I did not panic and used the price action to make a very small profit. If I had killed the scout and went long, I would have ended up in another losing trade and not been able to afford a cold beverage on Valentine's day. I made a mistake and only entered one troop on my second rescue instead of the planned 2, and my "close all trades" script does not seem to work in MT4 which cost me a few pips, but overall I can live with the trade and the lessons learned. Have a good weekend everyone.......
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  • #1,486
  • Feb 14, 2008 1:51pm Feb 14, 2008 1:51pm
Quoting crazy_bdog
stewrigh, luSan, Jairo, loonyew and others.....the rescue process seems to be better for me for these reasons:

-losing sucks
-turning a loser into breakeven or a winner is great for confidence/moral for troops, commanders and generals
-the act of digging yourself out of a hole is still creating a hole or the potential for a bigger hole.....
-leigh thinks it is fun!
-being decisive is better for me than changing my mind and second guessing all the time
Very well said, loosing sucks, it's better to rescue, it feels much better than losing. Why you think this territory looks like a trap? I feel it does, but can't explain why.
Alex
  • #1,487
  • Feb 14, 2008 3:53pm Feb 14, 2008 3:53pm
Very well said, loosing sucks, it's better to rescue, it feels much better than losing. Why you think this territory looks like a trap? I feel it does, but can't explain why.
Alex[/quote]

Alex, pre-FTI days I have been beat up by that pattern....it looks like there is no resistance and once the price falls below 108.00 there is nothing stopping it until around 107.68. I would set an entry order with a stop above say 108.36 and a limit a few pips shy of 107.68 and lose almost every time. Of course every trader/dealer in the world can see the "open space" and it reminds me of this AOW quote:

20. If his place of encampment is easy of access,
he is tendering a bait.It seems an easy target for stop hunting as many people are looking at the same trade setup and getting their risk/reward ratio just right! A news release might push price through that territory, but I think fti's "vulture" attitude is less risky. Also, I trade at fairly quiet hours due to work and family, so I do not expect big price movements. There are no easy pips.......
  • #1,488
  • Edited 5:30pm Feb 14, 2008 5:16pm | Edited 5:30pm
Quoting zenseven
FTI and Leigh:
Thank you so much for this thread
I was a little beat late
So it took me already 1 week to read this thread (I'm still on 81 page)
But Your teachings are great helped me
I dance naked chart for 5th day already (it is 5% up of equity)
I have been reading thread...
I will post my interpretations of AOW later.
Keep up your really kind good work
All:
Thank you for your great contributions
Hi zenseven,
Thank you for your kind words.
Read the thread slowly, for good understanding.

Quoting crazy_bdog
Very well said, loosing sucks, it's better to rescue, it feels much better than losing. Why you think this territory looks like a trap? I feel it does, but can't explain why.
Alex

Alex, pre-FTI days I have been beat up by that pattern....it looks like there is no resistance and once the price falls below 108.00 there is nothing stopping it until around 107.68. I would set an entry order with a stop above say 108.36 and a limit a few pips shy of 107.68 and lose almost every time. Of course every trader/dealer in the world can see the "open space" and it reminds me of this AOW quote:

20. If his place of encampment is easy of access,
he is tendering a bait.It seems an easy target for stop hunting as many people are looking at the same trade setup and getting their risk/reward ratio just right! A news release might push price through that territory, but I think fti's "vulture" attitude is less risky. Also, I trade at fairly quiet hours due to work and family, so I do not expect big price movements. There are no easy pips.......
The market's at stalemate. The Feds are sunked. The bailout plan by bush is stalled. The market is waiting to see if the new us govt will be any different in terms of it capability to arrest the situation, therefore the tight USD ranges. Be aware that this can swing against the USD very rapidly if the pieces do not fall together. The Dow is showing lead signs already. So be very nimble. No view is best, but be aware of current events.

Best strategies is to use USD puts or currency calls as scout. Use the forex spot or outrights for battle once the trend is clear. Do not allow for rescues to snowball now when in tight range. Patience now is truly a virtue. Be prepared, and watchful, I smell a dead rat. The market will show hand soon, may be fast and directional.

regards
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  • #1,489
  • Feb 14, 2008 9:19pm Feb 14, 2008 9:19pm
Quoting fti
Hi zenseven,
Thank you for your kind words.
Read the thread slowly, for good understanding.



The market's at stalemate. The Feds are sunked. The bailout plan by bush is stalled. The market is waiting to see if the new us govt will be any different in terms of it capability to arrest the situation, therefore the tight USD ranges. Be aware that this can swing against the USD very rapidly if the pieces do not fall together. The Dow is showing lead signs already. So be very nimble. No view is best, but be aware of current events.

Best strategies is to use USD puts or currency calls as scout. Use the forex spot or outrights for battle once the trend is clear. Do not allow for rescues to snowball now when in tight range. Patience now is truly a virtue. Be prepared, and watchful, I smell a dead rat. The market will show hand soon, may be fast and directional.

regards
Tq for informing..... .....
  • #1,490
  • Edited 2:20am Feb 15, 2008 2:06am | Edited 2:20am
Hi ALL,
This was brought to my attention.
All Big boys.

How much of this is true?
Are there invisible fingers in the markets?


Inserted Video

Inserted Video


I wonder.
How much of this is the truth, and propaganda??

regards
  • #1,491
  • Feb 15, 2008 3:21am Feb 15, 2008 3:21am
They forgot to mention the alien side of the conspiracy...
  • #1,492
  • Edited 8:22pm Feb 15, 2008 4:40am | Edited 8:22pm
Hi ALL,
This sounds like war, only the arsenals seems political economics.
Its getting hairy, watch that GBP/EUR tear.

http://www.foreignaffairs.org/200801...-the-west.html

The question that strikes me is
Is this a branch of freemasonry?
http://www.conspiracyarchive.com/NWO..._Relations.htm
http://www.apfn.org/APFN/illuminati.htm

regards
  • #1,493
  • Feb 15, 2008 6:04am Feb 15, 2008 6:04am
Quoting fti
Hi zenseven,
Quoting fti
Thank you for your kind words.
Read the thread slowly, for good understanding.



The market's at stalemate. The Feds are sunked. The bailout plan by bush is stalled. The market is waiting to see if the new us govt will be any different in terms of it capability to arrest the situation, therefore the tight USD ranges. Be aware that this can swing against the USD very rapidly if the pieces do not fall together. The Dow is showing lead signs already. So be very nimble. No view is best, but be aware of current events.

Best strategies is to use USD puts or currency calls as scout. Use the forex spot or outrights for battle once the trend is clear. Do not allow for rescues to snowball now when in tight range. Patience now is truly a virtue. Be prepared, and watchful, I smell a dead rat. The market will show hand soon, may be fast and directional.

regards



Incredible thread, before reading through this if someone had told me to approach trading without a stop loss i would consider them crazy!

However this thread has opened my eyes. I have to thank Fti, leighsww and the others who have contributed to this thread.

Fti reading some of your posts actually sends a shiver down my spine the depth of your knowledge is truly profound, Thank you for your contributions here.

One question i have about this last post, you mention not to allow a rescue to snowball given the tight range. At first thought i would assume that given a tight range the price should never move to far from your base so snowballing a rescue should not be to risky given that there should be opportunities to get out at B/E.

However is the reason that the market may be getting ready for some big movements, and current levels may not be seen for a while being caught on the wrong side could be fatal? Is it then a general rule to be cautious about attempting a rescue in a tight range market?

Again many thanks for your contributions here Fti it truly is an incredibly informative and inspirational thread.
  • #1,494
  • Feb 15, 2008 6:42am Feb 15, 2008 6:42am
Quoting Acs_112


Incredible thread, before reading through this if someone had told me to approach trading without a stop loss i would consider them crazy!
...
Again many thanks for your contributions here Fti it truly is an incredibly informative and inspirational thread.
Totally agree. Take a xK standard account with 100:1 leverage. Open a 0.0x lot position. Who cares about stops at this risk level? It is equivalent to 1:1 leverage. And the return is not so small as it may seem at first sight. I estimate that it may range from 5 to 40% on equity. Consistent. Monthly.
  • #1,495
  • Feb 15, 2008 6:59am Feb 15, 2008 6:59am
Quoting Jairo
Totally agree. Take a xK standard account with 100:1 leverage. Open a 0.0x lot position. Who cares about stops at this risk level? It is equivalent to 1:1 leverage. And the return is not so small as it may seem at first sight. I estimate that it may range from 5 to 40% on equity. Consistent. Monthly.
hi all.just want to know how you all allocated your resources (Equity).

my current equity is allocated to 50 troops.will it be too risky or i should make it to 100 troops?
  • #1,496
  • Feb 15, 2008 7:34am Feb 15, 2008 7:34am
Quoting Acs_112


Incredible thread, before reading through this if someone had told me to approach trading without a stop loss i would consider them crazy!

However this thread has opened my eyes. I have to thank Fti, leighsww and the others who have contributed to this thread.

Fti reading some of your posts actually sends a shiver down my spine the depth of your knowledge is truly profound, Thank you for your contributions here.

One question i have about this last post, you mention not to allow a rescue to snowball given the tight range. At first thought i would assume that given a tight range the price should never move to far from your base so snowballing a rescue should not be to risky given that there should be opportunities to get out at B/E.

However is the reason that the market may be getting ready for some big movements, and current levels may not be seen for a while being caught on the wrong side could be fatal? Is it then a general rule to be cautious about attempting a rescue in a tight range market?

Again many thanks for your contributions here Fti it truly is an incredibly informative and inspirational thread.
Hi Acs_112,
Sorry for late reply,
Now caught between "The rat" movie, reading about the new world order and watching the temp tear of the GBP/(USD)/EUR activities.

Thanks for the kind words.

About "you mention not to allow a rescue to snowball given the tight range"
The discouragement is not because of the tight range, rather that given the grounds whereby the congestion is occurring, abnormalities are expected in the battlefield. If we were to implement the normal dance. Chances is that we will be snowballing in a tight range, akin to large bet positions ahead of a trend run. If correct the windfall profit would be great , but generally the risk would be great as well. So large exposures now may not be prudent of traders in overexposure and becomes difficult to manage ,when in the wrong direction.
From experience, chances will be swift two way action, and the survivors have to be very swift and decisive. Unintiated traders will stand better to resources conservativeness, which will be necessary for a protracted engagements, when the inevitable happens. The charts are presenting trapping signal both ways and the intermarket relationships are tearing, pointing to a realignment of changing ground , probably on a major scale.Be prepared about the time scale that this will be occuring , probably in tandem with the occurance on the USA developments.

We are entering exceptional times, and exceptional and conservative strategies should stand well.

However for nimble dancers , this provides great opportunities to scalp the congestion. Just be mindful of the major trend and the levels of rescues not be too aggressive.

regards
  • #1,497
  • Feb 15, 2008 7:59am Feb 15, 2008 7:59am
Hi ALL,
For those following the read on the "new world order".
Its very interesting and developing into a century of politics and curve fitting of world events, and now finalising to the jewish "lillith" legends of owls.
Seems like some plots about god and the devil. Really weird perspective, makes good sci-fi movie, LOL. Could these be real?? Possible.

regards
  • #1,498
  • Edited 8:13am Feb 15, 2008 8:02am | Edited 8:13am
Quoting Jairo
They forgot to mention the alien side of the conspiracy...
Hi Jairo,
You meant the "hollow earth theory"? LOL
Inserted Video


regards
  • #1,499
  • Feb 15, 2008 8:30am Feb 15, 2008 8:30am
Thanks for the reply Fti,



Am i right in my analysis that the gbp/usd and eur/usd are not moving in harmony is this the kind of thing you mean by intermarket relationships? and is what gives clues to unrest in the markest?
  • #1,500
  • Feb 15, 2008 8:36am Feb 15, 2008 8:36am
Quoting fti
Hi Acs_112,
Sorry for late reply,
Now caught between "The rat" movie, reading about the new world order and watching the temp tear of the GBP/(USD)/EUR activities.

Thanks for the kind words.

About "you mention not to allow a rescue to snowball given the tight range"
The discouragement is not because of the tight range, rather that given the grounds whereby the congestion is occurring, abnormalities are expected in the battlefield. If we were to implement the normal dance. Chances is that we will be snowballing in a tight range, akin to large bet positions ahead of a trend run. If correct the windfall profit would be great , but generally the risk would be great as well. So large exposures now may not be prudent of traders in overexposure and becomes difficult to manage ,when in the wrong direction.
From experience, chances will be swift two way action, and the survivors have to be very swift and decisive. Unintiated traders will stand better to resources conservativeness, which will be necessary for a protracted engagements, when the inevitable happens. The charts are presenting trapping signal both ways and the intermarket relationships are tearing, pointing to a realignment of changing ground , probably on a major scale.Be prepared about the time scale that this will be occuring , probably in tandem with the occurance on the USA developments.

We are entering exceptional times, and exceptional and conservative strategies should stand well.

However for nimble dancers , this provides great opportunities to scalp the congestion. Just be mindful of the major trend and the levels of rescues not be too aggressive.

regards
Hello fti,

What do you mean by the 'time scale' in the above situation and in trading in general (how u use it)? I myself believe that timing is a key element to understanding market structure and in general trading success; is it not?

Quoting fti
Hi zenseven,
Thank you for your kind words.
Read the thread slowly, for good understanding.

The market's at stalemate. The Feds are sunked. The bailout plan by bush is stalled. The market is waiting to see if the new us govt will be any different in terms of it capability to arrest the situation, therefore the tight USD ranges. Be aware that this can swing against the USD very rapidly if the pieces do not fall together. The Dow is showing lead signs already. So be very nimble. No view is best, but be aware of current events.
And I think the above is a bit of a case of :
一 子 錯 ， 滿 盤 皆 落 索
for the Feds.

Cheers, :-)
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