Technical Analysis Fallacy

Dear friends. Month number 3 of my live trading is here. Loss 45% of all invested capital. I did something very simillar to "Karl", from the fti manual. Now, after that hard brain massive attack, i celebrate my re-entry to real trading. The ant and hard work (instead of crazyness). Thank you for this thread. Fana

1.5 finally ...

@fana ,
take ur time to make it back , 45% , recovering it means 100% required , an uphill task indeed... make 1-3 % a day ,u ll cover it in 2 mths ...
at the end of it , u will be a better trader ...
I was in a similar situation in the beginning (30%) , I manage to forget it and starts afresh , covered it all in a month ...
so good luck at ur new challenge

scaling back and eyes open @ e/u 5036 area.

Hi maheswara,

How are you? I've seen you are making big big pips.

So are we waiting to go for short too?

Rite now I'm training myself not to have emotion while trading.

By the way please dont call me 'sir. Dont forget you are my teacher

Cheers,

hi pete,
not really , Im still biased long , but Ill be watchful for any reversal sign , we are talking about the man who broke BoE here

note taken of the small bounce @4984, eyes open.

we are at 1.50 and 10 minutes to unemployment claims. could get scary so i thought i would write this for people who are not aware of data.

good trading to all

I also thing dollar bears are too crowded. But we can easily some bigger rise on EU so banks can unwind their long positions. (We need higher volatility)

Friday, so be careful and stay nimble
good weekend to all

Hi Guys,

Is this sign - the end of the trend ? (look at 1h & 15m charts).
Or may be too early.

Have a good weekend.

Cheers,

Hi -- IMHO, no, not yet. I see signs of a possible pullback in the E/$ but the trend (at least on the Day chart) remains up. A nice pullback here may be needed for a better run at 1.5200 - 1.5400. Again, just my opinion.

in the red circle i saw a strong reversal pattern. and i lost some money trading my stuborn countertrend bias. i am now looking for smaller trends and no rescues. a correction on the 1 hr chrt looks like a down trend on my 5 min.chart.

i hope everyone is enjoying their weekend, pax

Hi ALL,

A trend does not end , until it ends


Here is a lead into a story that has been incorporated much facts, accusations, revelations,hypothesis,speculation...etc
You are expected to use your brains and think about whats been presentated.

Is it real?
yes it could.
Could this be fabrication?
yes it could.
So how do we judge?
Don't .
The only reason this is here is that there is usd info.
watch that this may just be informative debate.

Again, traders always have some kind of bias.
However you still have to dance the dance.
And nimbleness is your sword. Become rigid with opinions and you are ripe for being bbq.

Good Fortune







regards

i am experiencing major technical difficulties with my computer and internet access.
Appreciate if someone will page up the rest of this 14 part video from youtube.

Once again fti makes sure no such thing as a free Sunday night

Am only up to 4/14 but the word hyper- inflation sends me into a mental spin.... once again thanks to fti!!!.......paper money set the seed...and a big thankyou to the person who sent me onwards to The Alpha Strategy, please come forward, as I do not remember who .....

Piters you can also take responsibility for taking up my Sunday night...

Will continue and bbl

joy

same players...

http://www.pbs.org/wgbh/pages/frontline/warning/view/

Movie.. (not an Youtube)

P

Thanks, Peter! It's so nice to have another source beside Youtube. Youtube is still blocked here.

In cartoon form from 1948,

Hi ALL,

OMG, I am freaking out alreeady.
I cannot sleep.

Have they verified the kyoto protocol already?
Look I am already paying premium prices for cigarettes, maybe in there, already the co2 tax.
But be reasonable, I am already paying moneys for water that god gives freely. Ok so I pay people for collecting it.
Ok So I drink urine filtered water. ok !

but whats next tax on carbon and gases release.
look my household expenditure is already very high for an old retired man. If taxes are imposed on gas release as well, then for crying out loud. My household expenditure would hyper-inflate well beyond my means. I have to decide if I will smoke until I die , or quit smoking to pay for farts.

Come on whats this new world order shit. Please give this old fart some liberty.Who give permission to tax for air. Why not tax the fuxers that keep bringing too many babies into the world? Nuting and speying, could that be a solution? Oh what am I saying, better get some sleep.)

Who the jim beans made this video, its scaring the shit out of my pants.


regards