DislikedMorning Vik!
you are very welcome!
Any cookies or a croissant?
Or just pure naked coffee?Ignored
V
Technical Analysis Fallacy
Morning Friends!
We have a very sunny morning here in Germany.
Let's see, if we have another "greek trading day" :-)
It's the right time for my frst fresh cup of coffee this morning.
Does anyone else want a fresh coffee, no?
Wish you all a great trading day!
All the best,
Niels
- #24,783
- May 10, 2011 1:58am May 10, 2011 1:58am
- Joined Oct 2007 | Status: Trader | 4,269 Posts
Not sure if need coffee or go to sleep. Here it is after midnight!
when you feel tired and you are not in any positions atm: Go for sleep.
Successful trading is also a question of managing your energies (wisely) ...
BTW: Will answer your PM later. Have to make some pips first :-)
CU,
Niels
- #24,784
- May 10, 2011 2:00am May 10, 2011 2:00am
- Joined Oct 2007 | Status: Trader | 4,269 Posts
talk about cookies.
not seen our girl scout for long time.
what ever happened to our dutchangel.
regards
She joins the dancing floor whenever she finds some time to do so ....
p.s.: But I know she is reading TAF regularly. So I expect she is going to answer your question herself
soon to be pro, but not be careless , my friend.
To know whats happening to greece, you need to have access to the powder room. All the discussions are being done there, while "powdering their noses." So unless you are privy, just can wait see reaction of those who have access.
meantime can teach me chess rules.
regards
I loss a game not knowing that rule too
- #24,787
- May 10, 2011 2:37am May 10, 2011 2:37am
- Joined Oct 2007 | Status: Trader | 4,269 Posts
Hi again Friends!
20 minutes ago I was going to present you just another blotter under the Headline "Smooth Dance".
I was playing EU short. Price was going through 4300 level. I scaled in some strong and swift rescues and ended up with good profits (1.3k), before I squarred out.
Then that spikey move showed up and I my bias was still short.
So I jumped in big short, got caught.
Added another big rescue level.
Missed to close at BE.
Price went on to north.
I flipped (standard flip. Not leveraged. MArked with red line in chart).
Killed all troops after momentum was fading with some more profit.
(Aftre such situation I always reduce exposure strongly, cause I have to re-analyse situation..)
What I want to say is:
You can be wrong with your trading.
But you have to react very fast to the market,
when some new "impressions" show up ...
All the best,
Niels
.
20 minutes ago I was going to present you just another blotter under the Headline "Smooth Dance".
I was playing EU short. Price was going through 4300 level. I scaled in some strong and swift rescues and ended up with good profits (1.3k), before I squarred out.
Then that spikey move showed up and I my bias was still short.
So I jumped in big short, got caught.
Added another big rescue level.
Missed to close at BE.
Price went on to north.
I flipped (standard flip. Not leveraged. MArked with red line in chart).
Killed all troops after momentum was fading with some more profit.
(Aftre such situation I always reduce exposure strongly, cause I have to re-analyse situation..)
What I want to say is:
You can be wrong with your trading.
But you have to react very fast to the market,
when some new "impressions" show up ...
All the best,
Niels
.
- #24,788
- May 10, 2011 3:09am May 10, 2011 3:09am
- Joined Oct 2007 | Status: Trader | 4,269 Posts
Some days like this one are very nice:
Made a killing (1.2%) on the spike down on "technical arbitrage"
But have to squarre out now:
Mindset is out off control ....
There are days, when market gives you the unique chance to play out all the tools/Tactics you know about.
Thanx Chief !!!
Made a killing (1.2%) on the spike down on "technical arbitrage"
But have to squarre out now:
Mindset is out off control ....
There are days, when market gives you the unique chance to play out all the tools/Tactics you know about.
Thanx Chief !!!
- #24,791
- May 10, 2011 3:23am May 10, 2011 3:23am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
Well as usual going through FF i saw this thread
http://www.forexfactory.com/showthread.php?t=278638
and no offense chief... seeing chief health i realized we talk everything on this thread except "BEING HEALTHY".....and that is really really imp...
and...
talking about stress.Once upon a time, a man had bad anxiety problem.
Went to doctor, doc recommend, please lay off the stress.
So man did that.
Next year was in jail.
Was relaxed and forget pay taxes.
regards
Be alert, watch out , when they come out from powder room again.
- #24,792
- May 10, 2011 3:25am May 10, 2011 3:25am
- | Joined Mar 2009 | Status: Trader | 1,849 Posts
Once upon a time, a man had bad anxiety problem.
Went to doctor, doc recommend, please lay off the stress.
So man did that.
Next year was in jail.
Was relaxed and forget pay taxes.
regards
- #24,793
- May 10, 2011 3:27am May 10, 2011 3:27am
- | Joined Jul 2007 | Status: Trader | 2,994 Posts
Once upon a time, a man had bad anxiety problem.
Went to doctor, doc recommend, please lay off the stress.
So man did that.
Next year was in jail.
Was relaxed and forget pay taxes.
regards
Be alert, watch out , when they come out from powder room again.
Hi again Friends!
20 minutes ago I was going to present you just another blotter under the Headline "Smooth Dance".
I was playing EU short. Price was going through 4300 level. I scaled in some strong and swift rescues and ended up with good profits (1.3k), before I squarred out.
Then that spikey move showed up and I my bias was still short.
So I jumped in big short, got caught.
Added another big rescue level.
Missed to close at BE.
Price went on to north.
I flipped (standard flip. Not leveraged. MArked with red line in chart).
Killed...
Good luck and welcome from Sweden
- #24,796
- May 10, 2011 3:44am May 10, 2011 3:44am
- | Joined Mar 2009 | Status: Trader | 1,849 Posts
No idea how you can take so many trades in a short period of time
Good luck and welcome from Sweden
- #24,797
- May 10, 2011 3:46am May 10, 2011 3:46am
- Joined Oct 2007 | Status: Trader | 4,269 Posts
No idea how you can take so many trades in a short period of time
Good luck and welcome from Sweden
I think the main explanation is, that I have a very restricted trading time only. So I shifted the main Trading TimeFrame from M5 (like most are using here) to M1. So you see a lot more opportunities.
But on the other hand, you have to play very very nimble, cause moves can get really big very soon, when you are plaing ranges of 20 or 30 pips for example ...
All the best,
Niels
- #24,798
- May 10, 2011 4:00am May 10, 2011 4:00am
- Joined Oct 2007 | Status: Trader | 4,269 Posts
Finally! Easy question... this is not often here... That is because he is a Pro.
but I'm still not there.
Much lessons ahead...
Niels
- #24,799
- May 10, 2011 4:49am May 10, 2011 4:49am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
Hi
I am new here.....have attempted to read this thread from beginning...somethings I do know, many things not.
what is the formal/informal way of introduction here...
I know FTI is boss.
So, first things first...Hi boss!
May you get recover soon.
Regards
you made me bust out laughing.reminded me of something when i was top dog.
some one sent me this, its on internet now.
there no bosses here, everyone's a boss.
just friends.
[quote=fti;4605808]
afternoon fti sir,
no need to apologize. take all the time you need to rest. it's good for your health. my reply is late too.
ok got it. glad to know your father is a good mentor to you. he must have a big influence on you.
sorry my bad. i thought you grew up in the states. maybe i need to read all your postings sooner. for the past year i have already been a little overwhelmed by all the learning. but it's a very happy one for me.
Nanyang. i see. you must have had lots of noodles then. it's nice food. Nanyang is about the origin of our culture in the north. now i am living at the place of the origin of our culture in the south. i will visit the relic musium sometime.
yes our culture has undergone so much dramatic terbulence. 5000 years! it's so deep even for a native chinese like me. do i really know much about our culture? i don't think so.
and it amazes me you know the traditional chinese as well as simplified chinese. for me i can only guess the meaning of the traditioanl chinese.
and the links you gave me, i will read them later. atm i am a little reeling from the info i have delt this afternoon. have to shut down now. otherwise i will burn out. joking.
my best wishes!
sakatalight
Sorry . i was away in another world for long time. seems lost a day.
He was a kind man, and had seen so much in his lifetime. And he used it mentor me to be disciplined.
You may had mistaken, the fact is i grew up in Nanyang. Here is melting pot of all things Chinese. What i had learned from many chinese friends in china mainland is that most of chinese character and way of...
no need to apologize. take all the time you need to rest. it's good for your health. my reply is late too.
ok got it. glad to know your father is a good mentor to you. he must have a big influence on you.
sorry my bad. i thought you grew up in the states. maybe i need to read all your postings sooner. for the past year i have already been a little overwhelmed by all the learning. but it's a very happy one for me.
Nanyang. i see. you must have had lots of noodles then. it's nice food. Nanyang is about the origin of our culture in the north. now i am living at the place of the origin of our culture in the south.
i will visit the relic musium sometime. yes our culture has undergone so much dramatic terbulence. 5000 years! it's so deep even for a native chinese like me. do i really know much about our culture? i don't think so.
and it amazes me you know the traditional chinese as well as simplified chinese. for me i can only guess the meaning of the traditioanl chinese.
and the links you gave me, i will read them later. atm i am a little reeling from the info i have delt this afternoon. have to shut down now. otherwise i will burn out. joking.
my best wishes!
sakatalight