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  • #5,721
  • Aug 28, 2008 6:53am Aug 28, 2008 6:53am
Quoting MaMood
Good morning @all!

Seems to be a very critical phase in the lifecycle of this thread.
Would be a shame, if it would die after all this very valueable stuff fti and others shared with us.

Somehow I have the feeling, we are indebted to fti.
Think we should try to evolve our abilities in dancing and trading fti's style.
May be that would be an adequate way to say "Thank you very much" to him.

Anyhow - I'll have an eye on this thread.
Maybe it can be "rescued"

Many Thanx to you all, friends.

There is only one thing to say:
"Battlestations ..."
Completely agree with you here, we are indebted to fti no doubts and he wants us to think for our self and grow our ability to dance effectively (not become carbon copies) and be flexible and have the right mindset. May be we should start discussing our thoughts on the dance we make in my humble openion.
LuSan we will miss you, I personally think you were doing very well with your fast dance and also has been very lucky for the attention and teachings from our teacher and we all have learnt a lot from them.

Regards to all
  • #5,722
  • Aug 28, 2008 7:02am Aug 28, 2008 7:02am
I might be wrong but from that I have read here FTI is a bit disappointed about bank dealers as they are nowadays so he started this tread to look what private persons are doing, people who are trading for themselves.. us.

I think the hard part and breakpoint is seeing students go before they actually "get it". Leighsww, Zoran, Jest, now LuSan. Could be others that I don't remember.

For me.. I have been around for a while and I can say there is no other way. There is no longer timeframes, less "contact" hours.. automated trading so you can sip on an umbrella cocktail in the Caribbean. This is hard work and requires commitment. (of course there can be short term exceptions but in the long run.. you'll see)

Apart from the fun and music, this thread has made a bunch of people stop loosing money in forex. It has for me and as I have read, for many others as well.

Out of respect and thankfulness we should keep this thread going and follow FTI's teachings as there are many.. & read the books he mentioned. At least those of us who still want to make some money at the end of the day.
  • #5,723
  • Aug 28, 2008 7:13am Aug 28, 2008 7:13am
hello everyone

Am still in mourning and totally lost my mojo...next week start trading again hopefully. I also hope that we can keep our tfa community together.

joy
  • #5,724
  • Aug 28, 2008 7:19am Aug 28, 2008 7:19am
Don't worry joypips, FTI will come back. He has to put his pearls from youtube somewhere.. hehe
  • #5,725
  • Aug 28, 2008 7:40am Aug 28, 2008 7:40am
Quoting piccolo
Don't worry joypips, FTI will come back. He has to put his pearls from youtube somewhere.. hehe
Thanks piccolo... you made me smile again and you are right, I bet fti misses his wayward students just as much as we miss him.

Goodnight from me and dance nimbly thru N/Y session everyone

joy
  • #5,726
  • Aug 28, 2008 10:28am Aug 28, 2008 10:28am
I wish I had come across this gem much earlier. There's so much to learn from fti and all the wonderful people who have contributed their insights - Zoran, NP, leighsww, lushan...

Just wondering...is fti methodology used by all dealers? Before fti started this thread, was it one of the best-kept secret of the professionals? I'd never read of it anywhere before
  • #5,727
  • Aug 28, 2008 10:44am Aug 28, 2008 10:44am
this is one of the best thread around , i shall write something here everyday even if its devoid of people , hoping others can learn this way to trade too
To Live is the rarest thing in the world , Most people exist , that is all
  • #5,728
  • Aug 28, 2008 1:34pm Aug 28, 2008 1:34pm
Looks like this thread is slowly dieing...
  • #5,729
  • Aug 28, 2008 4:07pm Aug 28, 2008 4:07pm
Inserted Video
  • #5,730
  • Aug 28, 2008 4:40pm Aug 28, 2008 4:40pm
After the way I executed my trades last thur-fri I stepped away from the table to get my head right so I would be prepared for the dance the market brings me and also prepared for the battle.
A week later I come back catching up on my reading and I get ones talking about discouragement and yes that happens in life doesnt it? But we get over it.
Others talking about leaving, I hope they really mean just taking a obviously much needed break which is important as AOW brings out. Hopefully everyone periodically does so, we all need time for refreashment and reflection on how we are measuring up.

Others talking about the thread dieing, Where else do you go ?
Will we make a better way somewhere else ?

Have we all progressed, digested, perfected, and apply all the instruction to the point where fti can expound on his teaching ?

I think not.
Is there a better place to learn?

Tell me.

As for me its back to the books.
This coming week Im especially working on mm, I will go small enough to feel the power of money management.
Also, as Lusan constantly repeats, I'll be recomitted on being nimble with the 5, 15 min., and 1 hr.

May we all have a good up coming week and september.
Take care
  • #5,731
  • Aug 28, 2008 4:49pm Aug 28, 2008 4:49pm
Quoting sichuan
I wish I had come across this gem much earlier. There's so much to learn from fti and all the wonderful people who have contributed their insights - Zoran, NP, leighsww, lushan...

Just wondering...is fti methodology used by all dealers? Before fti started this thread, was it one of the best-kept secret of the professionals? I'd never read of it anywhere before
hi sichuan

welcome to taf...yes this is correct.. fti told us that he trained his dealers in this way and he mentioned also his sadness at the skills being lost due to technology etc. I have tried to find post for you but no luck yet....perhaps someone can help, but if you continue to read thread you will come across it

joy
  • #5,732
  • Aug 28, 2008 4:55pm Aug 28, 2008 4:55pm
Quoting seeit
It does not surprise me that that he person who finally pissed off the teacher, would come back with his final thoughts on why the teacher's teaching does not work for them. You really are clueless. No respect. I for one would be happier if you did not start a new journal. The thread is full of mindless newbies with big egos and small brains.
Seeit, I may be wrong but it sounds like your having a hard time putting up with all the egos and mindless newbies on this thread.
I don't know how you can ever pull yourself to read whats going on here, it sounds like its done with great difficulty though.

Please tell me where your thread is at that you started as this mindless newbie would not want to post there and you have to put up with such unnecessary reading.
  • #5,733
  • Aug 28, 2008 5:09pm Aug 28, 2008 5:09pm
Quoting lilpip
After the way I executed my trades last thur-fri I stepped away from the table to get my head right so I would be prepared for the dance the market brings me and also prepared for the battle.
A week later I come back catching up on my reading and I get ones talking about discouragement and yes that happens in life doesnt it? But we get over it.
Others talking about leaving, I hope they really mean just taking a obviously much needed break which is important as AOW brings out. Hopefully everyone periodically does so, we all need time for refreashment and reflection on how we are measuring up.

Others talking about the thread dieing, Where else do you go ?
Will we make a better way somewhere else ?

Have we all progressed, digested, perfected, and apply all the instruction to the point where fti can expound on his teaching ?

I think not.
Is there a better place to learn?

Tell me.

As for me its back to the books.
This coming week Im especially working on mm, I will go small enough to feel the power of money management.
Also, as Lusan constantly repeats, I'll be recomitted on being nimble with the 5, 15 min., and 1 hr.

May we all have a good up coming week and september.
Take care

Lilpip,

The Bosses last comment left little to be misinterpreted, my conversation with Lusan sent Fti over the edge, and I am deeply regretful for that. Hopefully after the holidays this weekend Fti will be back to nurture those still willing to learn. I sense a frustration with Fti and those following the thread, but the learning atmosphere is different via the internet vs. that of direct communication, which is what he’s use too. If there’s a misunderstanding or wrong mindset it can be seen and corrected immediately, where as now we are left to decipher the correct way from our own interpretations and our errors are only seen when we post.


But with learning, it requires time spent in the charts to fully master, which I believe is the point that many here are at. Chart time, Chart time and more Chart time.


Trading is a very lonely business, you can get a brief respite in the forums but in truth it’s really you vs. you and the screen. When you are leaning, there’s that classroom camaraderie, but after a while class time is over and the homework begins, then it evolves into more of an occupation. When it becomes boring you’re there.


It’s time here to apply what has been graciously shared, and move on. Hopefully there will be others who can continue the thread and keep Fti entertained and everyone can pop in from time to time and check on everyone.


Respectfully and sincerely,
  • #5,734
  • Edited 8:56pm Aug 28, 2008 6:15pm | Edited 8:56pm
Auxesis, you are not responsible for what has happened. Mom and Lusan made him realize that recreational traders can not be taught in a situation that is not hands on. They want to do on a 1 hour chart or larger, what they can not do on a 5 minute chart.

What you will realize is that his teachings are used by the Big boys. The big boys that move this market are in and out within a short time. The difference is they are using big money. A 20-50 pip run with a big position pays just as much as a small postion that takes days and requires a big pip run..and lots of risk.

You should not be sad, because you can spend your time reading over this thread for years to come. Everything you need is here. if you have a question just ask.

To Lilpip, I am sorry that you took my comment to heart. If you think about it , it is true. It was directed toward Lusan who is a smart..kind man.... he just has a problem keeping his mouth shut and learning from a master.. You can read his current thread and his future thread . But I am telling you right now...you will learn nothing new. The wheel has already been invented.
All he had to do was keep a private journal of his path to self discover, and say yes Sir ...no Sir... but that was too much for a man that is on the path self to discovery.... and also reinventing the wheel.

Why do you think FTI hired young ..smart people with no trading experience... because he could teach and demand from them... here we have older , educated people who think they can control the markets like they control their current or former work situations . Impossible.
  • #5,735
  • Aug 28, 2008 7:52pm Aug 28, 2008 7:52pm
Quoting fti
Hi All


Before i try to throw some light on the points that you have put forth. Let me say that personally, having being a Technical Analyst professionally, I feel much sadden by some of the things I seen, and the directions that the pursuits of modern Technicians have taken. Nevertheless in the guise of advancement and development, things are bound to change, But when basic principals are sidelined , people like myself should come to the fore to direct the way back to basics, as best we can. This is esp so for the benefit of the newer generation of analyst, who may see things from a totally different perspective.

regards
Theres more you just have to look
  • #5,736
  • Aug 28, 2008 8:45pm Aug 28, 2008 8:45pm
about time frames, I don't think it has to be a big long adventure every time you step up to the computer.
I find I can step up with a couple of hours to spare and successfully run a series of trade.(sometimes not)
You look at whats been happening during the day, whats on the schedule for the next few hours and make an (for lack of better terms) educated guess.
Keep your scout close to the market and if the opertunity arises slay the beast.
Of course I don't do this for a living but one day I will buy myself something fiiiine
  • #5,737
  • Aug 28, 2008 10:23pm Aug 28, 2008 10:23pm
Musgrove,

Well said, and I might add, everytime you look at the screen, there might not be a reason to trade.

My recap of tonights scalps: Price had been in a range, from the fall earlier today, when I had the chance I tried to short it from the top, looking for it to continue south, only to catch the break north, Lol. (my timing).

Although my entries were not in complete harmony with a fib skew, did a turn on wind for a small loss and then picked off a few north to make up for it.

Flat now looking to long again from the top of the prior range if we see it here in the next 30 mins or so, if not headed to bed.

fwiw an effort to help continue the thread.

a
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  • #5,738
  • Aug 28, 2008 11:23pm Aug 28, 2008 11:23pm
Quoting auxesis
Lilpip,

The Bosses last comment left little to be misinterpreted, my conversation with Lusan sent Fti over the edge, and I am deeply regretful for that. Hopefully after the holidays this weekend Fti will be back to nurture those still willing to learn. I sense a frustration with Fti and those following the thread, but the learning atmosphere is different via the internet vs. that of direct communication, which is what he’s use too. If there’s a misunderstanding or wrong mindset it can be seen and corrected immediately, where as now we are left to decipher the correct way from our own interpretations and our errors are only seen when we post.


But with learning, it requires time spent in the charts to fully master, which I believe is the point that many here are at. Chart time, Chart time and more Chart time.


Trading is a very lonely business, you can get a brief respite in the forums but in truth it’s really you vs. you and the screen. When you are leaning, there’s that classroom camaraderie, but after a while class time is over and the homework begins, then it evolves into more of an occupation. When it becomes boring you’re there.


It’s time here to apply what has been graciously shared, and move on. Hopefully there will be others who can continue the thread and keep Fti entertained and everyone can pop in from time to time and check on everyone.


Respectfully and sincerely,
Well, Its one thing to notice candle patterns its another to use them or any other indicator as a crystal ball as it distracts one from feeling the market and recognizing the direction it wants to go which is hard enough in itself keeping all that energy focused on the feel.

It also distracts from what the thread is trying to accomplish. Ones who are knowledgeable about trading and experienced should support that.

I know when I see stuff like that posted I often wondered why because it only takes away from a better entry or exit, I just chalked it up to old habits and that it was something you noticed but was not used for decision making.

As far as communication, I didnt realize theirs a problem everything is spelled out. All we have to do is practice and measure ourselves up.

You mention frustration and yes fti will get frustrated, it would be impossile not to as he contends with our limited experience, mistakes and more impotantly the energy put into old habits.

I havn't noticed any frustration from those on the thread except for when we measure ourselves up and we see were not as improved as we thought we were or liked to be.

As far as learning goes, besides looking at your charts I believe it is best for me to recall all that we've read, reduce my lot size and jump in and practice, both ways.

For example tonite, with the ny close the bulls have control but in the here and now we have a bear retracement so away we go till its time to square up and jump on the bull.
I'll be nimble cause it sure doesnt feel like a bear attack thats going to change the trend.

take care
  • #5,739
  • Edited 11:56pm Aug 28, 2008 11:46pm | Edited 11:56pm
Good morning friends!

Happy that there are some of you, that are going to digg for fti's nuggets in the thread history, practice and discuss them here in the thread.

Wish you all a successful day!
Aaaand - Keep on dancing ;-)

p.s.: We shouldn't spent that much energy in analysing, what has happened to the members on this thread. We should look forward to acquire the needed skills for a "professional" kind of trading. May be we can become at least "professional amateurs".
  • #5,740
  • Aug 28, 2008 11:46pm Aug 28, 2008 11:46pm
Quoting seeit
Auxesis, you are not responsible for what has happened. Mom and Lusan made him realize that recreational traders can not be taught in a situation that is not hands on. They want to do on a 1 hour chart or larger, what they can not do on a 5 minute chart.

What you will realize is that his teachings are used by the Big boys. The big boys that move this market are in and out within a short time. The difference is they are using big money. A 20-50 pip run with a big position pays just as much as a small postion that takes days and requires a big pip run..and lots of risk.

You should not be sad, because you can spend your time reading over this thread for years to come. Everything you need is here. if you have a question just ask.

To Lilpip, I am sorry that you took my comment to heart. If you think about it , it is true. It was directed toward Lusan who is a smart..kind man.... he just has a problem keeping his mouth shut and learning from a master.. You can read his current thread and his future thread . But I am telling you right now...you will learn nothing new. The wheel has already been invented.
All he had to do was keep a private journal of his path to self discover, and say yes Sir ...no Sir... but that was too much for a man that is on the path self to discovery.... and also reinventing the wheel.

Why do you think FTI hired young ..smart people with no trading experience... because he could teach and demand from them... here we have older , educated people who think they can control the markets like they control their current or former work situations . Impossible.
As far as Lusan goes, we all have our challenges to hurdle he has his.

As far as his journals go, Its good to keep one if you can keep up with it. Myself never been there, the only post of Lusan that Ive read was here and I look forward to any others.
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