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Technical Analysis Fallacy

  • #6,801
  • May 20, 2009 1:33am May 20, 2009 1:33am
Quoting Forexpreneur
Absolutely focus on price action. Another advise is to focus on ONE pair, two max. Know the pair (s). Be an expert on them. You will get to a point where you start to become mystical with the flows. I get them from time to time. Still don't fully trust that inside voice but I am getting there. Trust me I have missed out on some great moves by not listening to that voice.

Hope that helps.
  • #6,802
  • May 21, 2009 12:23am May 21, 2009 12:23am
This thread has gone rather quiet which is a shame.

Just wanted to check in and see how everyone was doing really.

I have been demoing for the last 6 weeks and am thinking about going live again soon. have made a steady 20% over that time, with no dramatic increases / decreases.

I have found, for me at least, that as I could only start with a small amount of capital, I do not usually press my attacks with more troops, and my rescues have to be well-timed and not a large amount of troops either.

I know this is contrary to the MO in TAF but I am still following the dance and not losing the plot if it starts to go against me. Once I start live again I hope I can implement the MO more fully as I increase my capital.
  • #6,803
  • May 22, 2009 5:06am May 22, 2009 5:06am

I hope that all good trade ... and nothing will surprise

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  • #6,804
  • May 22, 2009 5:40am May 22, 2009 5:40am
LOL , ROFL
nice pic !
To Live is the rarest thing in the world , Most people exist , that is all
  • #6,805
  • May 23, 2009 2:16pm May 23, 2009 2:16pm
Quoting Forexpreneur
Absolutely focus on price action. Another advise is to focus on ONE pair, two max. Know the pair (s). Be an expert on them. You will get to a point where you start to become mystical with the flows. I get them from time to time. Still don't fully trust that inside voice but I am getting there. Trust me I have missed out on some great moves by not listening to that voice.

Hope that helps.
Try to trade during the same time period also.
  • #6,806
  • May 24, 2009 7:54pm May 24, 2009 7:54pm
  • #6,807
  • May 25, 2009 7:47am May 25, 2009 7:47am
Guys download game capitalism II and you'll learn a lot about capitalism. I made on stock exchange investing in some virtual companies from 30mn over 1.3bn
The best part was when my company was worth like 400 USD per stock and I said i will demolish all buildings to overtake it at lower price. So i destroyed everything, invested in bad projects and bought my company back at 10 USD:d Then I became bored as a CEO I had 1bn on account as previously I was 75% holder of my corp. And also it was funny, when i started destroying corp. people made a bigger bull and I was the one who was selling massively my shares and pushed prices down. Nice fun and after 10 days of rest and making up my mind I'm back in markets
  • #6,808
  • May 26, 2009 12:59am May 26, 2009 12:59am
Quoting lilpip
Try to trade during the same time period also.
Excellent advise. I forgot to mention that one.
  • #6,809
  • Edited 7:58am May 26, 2009 3:55am | Edited 7:58am
Hi all

I became a scary thing.I want to enter an instruction to the Eur/$ and accidentally entered an instruction to sell $/JPY !!!

I am stupid and I'm pretty expensive carelessness !!! It would occur to me in a dream !!!


carelessness is expensive

PS ... my stupid mistake is corrected

I made +4% (E/$ + error in $/Y)

Never be careless.NEVER ... can not forget this!!!

Regards

  • #6,810
  • May 30, 2009 5:11am May 30, 2009 5:11am
Quoting maheswara
hey Lusan ,
good luck with your new job , I hope you come back to the arena soon , and nano-tech sounds uber cool

btw guys, I had a dream kinda thing that showed euro at 1.42
so guess wat , I bought 1 microlot at 1.34 , just in case my dream comes true
oh my 30 pips away from my dream , dream does come true afterall
To Live is the rarest thing in the world , Most people exist , that is all
  • #6,811
  • May 31, 2009 5:33am May 31, 2009 5:33am
Quoting maheswara
oh my 30 pips away from my dream , dream does come true afterall
...Royal
  • #6,812
  • May 31, 2009 10:42am May 31, 2009 10:42am
Quoting Gro
...Royal
If it was a dream you are only wishing no plan.
  • #6,813
  • May 31, 2009 10:44am May 31, 2009 10:44am
Quoting maheswara
oh my 30 pips away from my dream , dream does come true afterall
Sorry reply to wrong post but dreams are not how to trade.
  • #6,814
  • Edited 3:24pm May 31, 2009 11:01am | Edited 3:24pm
Quoting Execute
Sorry reply to wrong post but dreams are not how to trade.
...maheswara write the dream but you do not believe ... he knows what he was doing very well
  • #6,815
  • May 31, 2009 9:12pm May 31, 2009 9:12pm
Quoting Execute
Sorry reply to wrong post but dreams are not how to trade.
lol , but maybe i really have a vision into the future ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #6,816
  • Edited 8:18am Jun 1, 2009 7:20am | Edited 8:18am
Quoting maheswara
lol , but maybe i really have a vision into the future ...

"shards of crystal balls not have enough vitamins and minerals"

Hi maheswara

calculate the average for May = 2.3%every day ,you be calm



but I Noooo!!! ...

PS what is + next to nick?



  • #6,817
  • Jun 1, 2009 8:16am Jun 1, 2009 8:16am
Quoting Gro

"shards of crystal balls not have enough vitamins and minerals"

Hi maheswara

calculate the average for May = 2.3%every day ,you be calm



but I Noooo!!! ...



hey May had been a very easy month , yet i underperformed ... mine is about 1.75% , i had one week of bad net connection , but that reason is not good enuf ... in short im still an average trader , under performing at the best of the conditions
have to perform better this month ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #6,818
  • Jun 1, 2009 8:23am Jun 1, 2009 8:23am
Quoting Gro

"shards of crystal balls not have enough vitamins and minerals"




Hi maheswara


calculate the average for May = 2.3%every day ,you be calm





but I Noooo!!! ...




PS what is + next to nick?





Hi Gro,

the "+" means that that guy is selected in your Buddy-List ;-)

CU
  • #6,819
  • Jun 1, 2009 8:25am Jun 1, 2009 8:25am
Quoting MaMood
Hi Gro,

the "+" means that that guy is selected in your Buddy-List ;-)

CU
Thanks
  • #6,820
  • Edited 9:34am Jun 1, 2009 8:46am | Edited 9:34am
Quoting maheswara
hey May had been a very easy month , yet i underperformed ... mine is about 1.75% , i had one week of bad net connection , but that reason is not good enuf ... in short im still an average trader , under performing at the best of the conditions
have to perform better this month ...
Hi maheswara
... account loves all "+"

PS Good trading all

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