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  • #12,541
  • Jan 8, 2010 11:36am Jan 8, 2010 11:36am
ok , guys sorry had to cut away.

was too dang fast markets

anyway for those interested this the blotter after figs

Scout bot 14366
L1 bot 14339
L1 tp at sold 14410
scout tp sold 14407
squared
scout bot 14393
L1 bot 14375
L2 bot 14344
L2 cut loss 14322
L1 cut loss 14322
L3 bot 14341
L4 bot 14342
L4 tp sold 14380
L3 tp sold 14375
scout tp sold 14370
squared

waiting Afternoon ny session
regards
  • #12,542
  • Jan 8, 2010 11:38am Jan 8, 2010 11:38am
Quoting auxesis
This deep pullback makes me wonder about any continuation today.
that was liquidity provider selling. (CB or CB proxy)

They knew figs bad, pushed down whole day, systematically
Next week maybe they will bleed bad, very bad

3 bad fig in a row. They had better print more usd to intervene, and die deeper, if figs continues bad streak. Nothing new, every dang trick in the book.

regards
  • #12,543
  • Jan 8, 2010 11:41am Jan 8, 2010 11:41am
1.8 is coming

k guys nite all
good weekend to all
To Live is the rarest thing in the world , Most people exist , that is all
  • #12,544
  • Jan 8, 2010 12:22pm Jan 8, 2010 12:22pm
Thanks Fti for your blotter and comments on CB

Looks like there is still life in the EUR/USD. I been out since 1.4300 area. Did not want to give back my hard earned profits at the end of the day, so I missed out on the last move up to 1.4440 O well there always next week.

Good luck to all trading the afternoon NY session. CU next week. Ray
  • #12,545
  • Jan 8, 2010 2:17pm Jan 8, 2010 2:17pm
Quoting fti
that was liquidity provider selling. (CB or CB proxy)

They knew figs bad, pushed down whole day, systematically
Next week maybe they will bleed bad, very bad

3 bad fig in a row. They had better print more usd to intervene, and die deeper, if figs continues bad streak. Nothing new, every dang trick in the book.

regards
Hi fti, I think 2009 will be a hard act to follow for the the US Treasury and the Fed. Bill Gross was on CNBC today saying that according to his numbers, the Treasury issued $1.5T in debt in 2009, and the Fed bought $1.2T. We may be running out of ink and paper to keep this up. Of course, the Congress is talking about more stimulus after the jobs numbers. Scary. Stupid.
  • #12,546
  • Jan 8, 2010 2:31pm Jan 8, 2010 2:31pm
Quoting GEfx
Hi fti, I think 2009 will be a hard act to follow for the the US Treasury and the Fed. Bill Gross was on CNBC today saying that according to his numbers, the Treasury issued $1.5T in debt in 2009, and the Fed bought $1.2T. We may be running out of ink and paper to keep this up. Of course, the Congress is talking about more stimulus after the jobs numbers. Scary. Stupid.
Hi GEfx,
Whats new.
The Treasury issued the debt papers, The Fed printed to satisfy their need and to fund their 'excessive exuberance"
Let me ask you.
If your family , got into debt. Although the way to stay , the situation would be to borrrow more, that must be tempered with new mindset to spur higher productivity, that the debt created to stay the situation can be arrest on a later day. If the family continued with the old mindset of exuberance then it will only be pushing the family closer and closer to Chapter 11.
In fact, it is important, very important that the family , make amends to correct mindset to meet the challenge that will be down the road, in responsible and accountable manner that confidence may return to arrest the temp situation.

Do you feel that this resposibility and accountability is in place now?

regards
  • #12,547
  • Jan 8, 2010 2:41pm Jan 8, 2010 2:41pm
Quoting fti
Do you feel that this resposibility and accountability is in place now?

regards
No, and there is little chance they will be any time soon. Maybe mid-term elections will see the beginning of a new way of thinking.
  • #12,548
  • Jan 8, 2010 2:41pm Jan 8, 2010 2:41pm
Thank you Fti to present your trading today. So now time to relax. Happy weekend to all.
  • #12,549
  • Jan 8, 2010 3:24pm Jan 8, 2010 3:24pm
Quoting fti
Hi GEfx,
Whats new.
The Treasury issued the debt papers, The Fed printed to satisfy their need and to fund their 'excessive exuberance"
Let me ask you.
If your family , got into debt. Although the way to stay , the situation would be to borrrow more, that must be tempered with new mindset to spur higher productivity, that the debt created to stay the situation can be arrest on a later day. If the family continued with the old mindset of exuberance then it will only be pushing the family closer and closer to Chapter 11.
In fact, it is important,...
Hello Fti and everyone, C'est ca with fti 100% on this. bond market re-vals "revaluations" were not squared, they were rolled into the biggest family's portfolio's ie. sovereign paper market.
Two reason's: credit spreads allow for it along with the continuous nature/stream of reval's by CB's. have kept the markets bouyant.

I believe this theory will be tested in due course and all the markets need is time to takes these tests. For example the gilt market.
Anyhow it's been fun trading euro down to 1.40 big figure.
Best Regards Fti and good fortune in 2010,
  • #12,550
  • Edited 3:56pm Jan 8, 2010 3:41pm | Edited 3:56pm
Quoting GEfx
No, and there is little chance they will be any time soon. Maybe mid-term elections will see the beginning of a new way of thinking.
hello GEfx,

do you mean that after the elections there could be support to save money??

have a nice weekend, pax
even with my eyes open i cannot see everything
  • #12,551
  • Jan 8, 2010 3:52pm Jan 8, 2010 3:52pm
Quoting j-pax
hello GEfx,

i could be wrong but i think fti means the resposibility and accountability to keep your family safe... your goverment want you to spend money/ maybe even borrow and save the country...

have a nice weekend, pax
Oops, I thought the family example was an analogy for the government. Sorry.
  • #12,552
  • Edited 4:37pm Jan 8, 2010 4:07pm | Edited 4:37pm
Quoting GEfx
Oops, I thought the family example was an analogy for the government. Sorry.
ooh i am sorry , i just edit my reply to a retorical question ... i guess you now know how i feel about US policy. m suggestion; cold turkey
even with my eyes open i cannot see everything
  • #12,553
  • Jan 9, 2010 10:09am Jan 9, 2010 10:09am
Quoting fti
.........
Scout bot 14366
L1 bot 14339
L1 tp at sold 14410
scout tp sold 14407
squared
scout bot 14393
L1 bot 14375
L2 bot 14344
L2 cut loss 14322
L1 cut loss 14322
L3 bot 14341
L4 bot 14342
L4 tp sold 14380
L3 tp sold 14375
scout tp sold 14370
squared
........
The second campaign of scout_L1 L2, cut loss, L3 L4 illustrates the power of skew and snowball (and General FTI’s extemporaneous response)

Assuming a fib skew (I understand there is large variance in skews depending on skill, volatility, foreign capital, overall capitalization etc):

Scout_L1 L2 L3 L4 no skew 1_1,1,1,1 P/L = -23-53-22+34+38 = -26P
Scout_L1 L2 L3 L4 skew 1_2,3,5,8 P/L = -23-106-66+170+304=+279 pip
Scout_L1 L2 L3 L4 skew 1_1,2,3,5 P/L = -23-53-44+102+190 =+172 pip
Scout_L1 L2 cut loss L1 L2 skew 1_1,2_1,2 = -23-53-44+34+76 =+10 pip

Thank you FTI for posting your blotter http://cdn.forexfactory.com/images/icons/icon14.gif a light bulb lit up inside my thick skull – before seeing your blotter starting again with L1 L2 after cut loss would be how I applied the skew. No guts no glory, but adequate capitalization is king.

AOW quote:
10. In battle, there are not more than two methods
of attack--the direct and the indirect; yet these two
in combination give rise to an endless series of maneuvers.

11. The direct and the indirect lead on to each other in turn.
It is like moving in a circle--you never come to an end.
Who can exhaust the possibilities of their combination?
  • #12,554
  • Jan 9, 2010 11:07am Jan 9, 2010 11:07am
Forgot to attach a pictorial (5 minute chart) of my guess work of FTI's entries (blue circle), Take Profit (blue dotted circle) and Cut Loss (red dotted circle) - please correct me if I am wrong as visualizing this correctly would help me learn MO.
Chart is my local time GMT +1
Attached Image (click to enlarge)
Click to Enlarge Name: 20100108 M5.gif Size: 61 KB
  • #12,555
  • Jan 9, 2010 12:30pm Jan 9, 2010 12:30pm
Quoting j-pax
hello GEfx,

do you mean that after the elections there could be support to save money??

have a nice weekend, pax
Sorry j-pax, but I just saw your edited version. Yes, I think there is at least some hope that after the mid-term elections, there will be a move to cut spending and do what is necessary to revive the economy.
  • #12,556
  • Edited 6:12pm Jan 9, 2010 2:46pm | Edited 6:12pm
Thankfully the government is here to protect us from ourselves and against the tainted food grandma has been growing in her garden all these years.
http://www.govtrack.us/congress/bill...?bill=h111-875


Inserted Video
  • #12,557
  • Jan 9, 2010 4:53pm Jan 9, 2010 4:53pm
Quoting Baifu
Forgot to attach a pictorial (5 minute chart) of my guess work of FTI's entries (blue circle), Take Profit (blue dotted circle) and Cut Loss (red dotted circle) - please correct me if I am wrong as visualizing this correctly would help me learn MO.
Chart is my local time GMT +1
Nice effort about his entries.
Could you posted without the clouds, the moving averages and the other TA stuff? fti does not use them and his MM would show better.
Empty as water and soft as a facing wind mountain
  • #12,558
  • Edited 3:44am Jan 10, 2010 3:11am | Edited 3:44am
Quoting Baifu
Forgot to attach a pictorial (5 minute chart) of my guess work of FTI's entries (blue circle), Take Profit (blue dotted circle) and Cut Loss (red dotted circle) - please correct me if I am wrong as visualizing this correctly would help me learn MO.
Chart is my local time GMT +1
Hi Baifu(white tiger),

lol, I think your lightbulb will be brighter if you think even deeper about what you posted. you are seeing only tip of iceberg still. And too much trash on chart to see the dance.

May I ask that you do no more posting of your learning on charts, its all in the earlier postings, I had given. Only those deligent to think about it and practise can achieve the standards. Instead if you posted yor thoghts, it would be helpful to those that thinks, and I ould be obliged to redirect you if I detect that it may be astray.

I knew right from the start, that if I gave what God gave me, out in the open. Satan will be lurking and trying to abuse. You see, those that are unwilling or unable to develop the mindset, they cannot get it. Its just that simple, they will instead crucify you. In fact if they do not develop the required skills, they chop their own heads off.
So instead, satans try to package this in neat pacKages that the lazy people like and sell it to people who couldn't find this thread, or wants a quick summary. And groups of these will bring themselves to their own animals that they create. Many such cases had been highlighted to me in private, and I am not suprised at Satan. Well, the reality is , what they sow, they reap. If you do not believe me just look at the bible, its all there, but people missed it. esp those that profess that they found it. Some are even further than those that didn't. Without the walk with God, that , that which is in the good book, are just words some use to glorify themselves. Why do you think Satan challenged God. So be aware , satan is amongst us.
If you need clearication of your learning, you may want to email me. If anyone comes to you and want to sell you "my secrets". Be clear that there is none. It's all in the open. But only those that are graced with love and honour, will see. Please don't waste money on the scammers nor encourage them with more material. You are getting nearer the circle core and your understanding WILL increase as you practise and grow your experiences. Much of what is done is not written, because if you study what had been given, you will come to the necessary crossroads, and she(markets) will teach you as you journey with her while holding on to the basics.


regards

PS;At one time I felt the darkness, and stopped, God's answer to my prayer was to continue, as the truth will live, and the darkness, it will disappear as the light of truth becomes more intense. Such is the way of God's truth and it would be the same for the truths given here.

And for those whoes money was scammed, well, now you know. That was your learning curve. No one can help you if you allow. It was your freedom of choice. You chosed wrongly. And I pray that God may have mercy on satan.

Inserted Video


Inserted Video
  • #12,559
  • Jan 10, 2010 3:35am Jan 10, 2010 3:35am
Hi there, here is a little simple tool i use, for your judgment. may hap will be useful for some
Attached File(s)
File Type: xls Calc.xls   19 KB | 499 downloads
  • #12,560
  • Jan 10, 2010 9:08am Jan 10, 2010 9:08am
Quoting fti
Hi Baifu(white tiger),

lol, I think your lightbulb will be brighter if you think even deeper about what you posted. you are seeing only tip of iceberg still. And too much trash on chart to see the dance.

May I ask that you do no more posting of your learning on charts, its all in the earlier postings, I had given. Only those deligent to think about it and practise can achieve the standards. Instead if you posted yor thoghts, it would be helpful to those that thinks, and I ould be obliged to redirect you if I detect that it may be astray.
...........
Hi fti,
Agreed. I am 3 years late to this thread, am now on page 60ish of my second read, where skew, spiral in/out from phi and pi are discussed.

Quote from #813
@ Zoran
I think Zoran did ask me about my using the pi against that was suggested in the golden ratios (phi) by some posters here. I will answer him here as it is related issue.
Using a phi spiral creates a constant growth spiral from a point.
Whereas using pi skews breaks the circular leg price range and creates a spiral initiating from a "range window".In doing so, price and volitility ( determined by visual observation of the leg of run from the bar chart.) becomes a component to the skew. This is akin to the using ATR of a run leg of a trend ( note: run leg and not bar range). And the spiral growth becomes a function of the windowed range. To do this requires much capitalisation.

This can also be constructed from a phi start point which begins not from the fibonacci progression but a user determined base. Only that the spiral growth then coils into a 1.618 constant of itself. The exact technique of determining that range window leg is classified for my own use as it may not be suitable for individuals.

For the purpose here, an understanding of the phi (golden) spiral may be sufficient as they both utimately produces the same , a progressive growth of position exposure growth. The differences is in the aggression of rescue and attack sequences.
…………
Unquote, bold face highlight is my own

I understand the phi -spiral but the pi-skew is a mind twister. I will take your advice in the last paragraph and stop speculating. Lo, this is not rocket science, the skew will have to develop to suit circumstances, and as you said in the same post, “Constant mathematical calculation only tires a mind that is coping with swiftly changing conditions” and “fine tune by intuition”.

Quoting fti
Please don't waste money on the scammers nor encourage them with more material.

Not sure if this is a particular or general concern - I don’t buy from vendors, they are there to make money, not to help me make money. Or do you mean revealing your trades would encourage scammers ……….

Guilty as found! I still need my training wheel http://cdn.forexfactory.com/images/icons/icon11.gif. Not using indicators, just painting my chart to visualize the battlefield as AOW terrain. The hourly benchmark is my river, the 4 hourly my mountain. A river flowing uphill has to U-turn sometime unless the mountain peaks. Candlesticks are bull and bear troops, marked if they seem weak, tired, indecisive, deceptive, far from home, at walled cities, river crossings or salt marshes. The ground is colored as reminder my troops are fighting uphill or downhill.

I take note too much junk will obscure reading the form of the chart and impede my dance. Not sure how others dance but I rely a lot on telling impulsive from reactive legs. The second up leg of E/U after the fig Friday was stealthy, did not reveal it’s hand until after river crossing.

Quoting fti
If you need clearication of your learning, you may want to email me.

Thank you for your generosity, not sure if I can PM yet as new member, but I will certainly keep that in mind.

Sorry, Lusan, can’t repost stripped chart, Chief said too much distraction.

Regards
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