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Technical Analysis Fallacy

  • #26,421
  • Jul 14, 2011 6:14am Jul 14, 2011 6:14am
Quoting tricello
Not a senior here, but to my understanding of Fti's teachings, this methodology requires to manage your positions all the time.

Sometimes (extreme) rescue operations on the 5min can take more than a day to find the proper timing. Trading the 1h could require days or weeks of active management which is impossible for one person alone.

You can use it for trade bias but not for active management, at least intraday.
Tricello

Thank you for your response, is very much appreciated.

I would like to ask, why isn't anybody showing his pics of the trades?
Is all the idea of thread to work together so we can learn from each other?
Why isn't anybody placing his balls on the line (excuse my french).

Yes this thread makes a lot of sense to me and I like to know more and I know I need to read 4 year of pages, but I would like to see a bit of action.

There is a lot of philosophical concepts and that is good but a bit of movement I think will make thing more interesting, if not....

“La filosofia è quella scienza che, con la quale o senza la quale, tutto resta tale e quale” ..

All The Best
Il Brigante
  • #26,422
  • Jul 14, 2011 6:25am Jul 14, 2011 6:25am
Quoting il brigante
I would like to ask, why isn't anybody showing his pics of the trades?
Is all the idea of thread to work together so we can learn from each other?
Why isn't anybody placing his balls on the line (excuse my french).

Yes this thread makes a lot of sense to me and I like to know more and I know I need to read 4 year of pages, but I would like to see a bit of action.

There is a lot of philosophical concepts and that is good but a bit of movement I think will make thing more interesting, if not....
See the right upper corner. There are more than one thousand images. You just need to select the one you want to see. All is there. Search and you will find. Now we just have, in my opinion, a trading internent community.
Empty as water and soft as a facing wind mountain
  • #26,423
  • Jul 14, 2011 6:42am Jul 14, 2011 6:42am
Quoting luSan
See the right upper corner. There are more than one thousand images. You just need to select the one you want to see. All is there. Search and you will find. Now we just have, in my opinion, a trading internent community.
Sorry to say, that sounds more like a primadonna attitude.

I would like to see current trades, the one that you made today or yesterday, does not matter if is a loss or a win. Actually if is a loss I would appreciate it more because it indicates that you have kept you ego at bay. If you do not want do that, that is fine for me, is your prerogative.

Il Brigante
  • #26,424
  • Jul 14, 2011 6:46am Jul 14, 2011 6:46am
Quoting il brigante
Sorry to say, that sounds more like a primadonna attitude.

I would like to see current trades, the one that you made today or yesterday, does not matter if is a loss or a win. Actually if is a loss I would appreciate it more because it indicates that you have kept you ego at bay. If you do not want do that, that is fine for me, is your prerogative.

Il Brigante
First, welcome!

Second, you are free to post anything you want. Post something to let us know what is on your mind.
  • #26,425
  • Jul 14, 2011 7:05am Jul 14, 2011 7:05am
Quoting il brigante
Tricello

I would like to ask, why isn't anybody showing his pics of the trades?
Is all the idea of thread to work together so we can learn from each other?
Why isn't anybody placing his balls on the line (excuse my french).

il Brigante
il Brigante,

One of the themes you will find as you study through the thread is there are no absolutes, no rigidity ......... as a by product of that mindset, there are no correct/incorrect trades as long as the context of the trade was inline with the basic methodology laid out in the thread. Some trades are more profitable than others, by my being more in or out of tune with the markets, some because the market gives more, sometimes less, and sometimes I'm just lucky. We adjust to the market, not expect return because the market showed X.

I enter my scout, when I feel the timing/market is ready I add, if I'm correct I scale in and out, if not I look to rescue or turn if appropriate.... all the time listening to the market and adjusting to it's tells........ the profitability of each encounter with the market is a byproduct of several factors, one of the most important in "ME" or my emotional factor which limits my ability to ride in profit, hold firm in rescue and trade without bias. Therefore the chart and it's markings (entries/exits) are more about me than a picture for others to study, as the reasons for action are mental rather than (like most forum threads or systems, pointing out some mechanical or predefined signal.

The earlier posts which had charts and handheld sessions were there to show the basics. Emphasis should be on how YOU handle market scenarios and not how others viewed them.

Hope this helps,

a
  • #26,426
  • Jul 14, 2011 7:11am Jul 14, 2011 7:11am
FTI,

Good to see you back.
  • #26,427
  • Jul 14, 2011 7:19am Jul 14, 2011 7:19am
Quoting GEfx
First, welcome!

Second, you are free to post anything you want. Post something to let us know what is on your mind.
Thank you for you hospitality.

Please find attached my trade I just entered long eurchf. I am not afraid showing my trades.

I would like to be honest. In this thread most of the seniors seems like they have not only grasped the concept of trading but also the concept of life.

Ok that is find with me, I am very happy for you, but I do not want to know how you live your life but maybe I would like to know how you trade and how you trade now, because this thread is about trading and how is important to be humble to able dance with a very temperamental beautiful lady. Isn't it?

So when a newbie like me ask you to show me how you dance with your feat
and not with your tongue , I do not understand why are you so afraid to do that.

Cheers
Il Brigante
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf long.jpg Size: 102 KB
  • #26,428
  • Edited 7:46am Jul 14, 2011 7:23am | Edited 7:46am
Quoting il brigante
Sorry to say, that sounds more like a primadonna attitude.

Excellent answer. You just now joined my ignore list. Have a good day.
Empty as water and soft as a facing wind mountain
  • #26,429
  • Jul 14, 2011 7:30am Jul 14, 2011 7:30am
Quoting il brigante
Thank you for you hospitality.

Please find attached my trade I just entered long eurchf. I am not afraid showing my trades.

I would like to be honest. In this thread most of the seniors seems like they have not only grasped the concept of trading but also the concept of life.

Ok that is find with me, I am very happy for you, but I do not want to know how you live your life but maybe I would like to know how you trade and how you trade now, because this thread is about trading and how is important to be humble to able dance with a very temperamental...
Hi, you will find that this is a community of traders. Most post their trades in their journals, not bothering the community here with day-to-day trades or ideas. I don't think fear is an emotion that hinders most of the long-time participants, but respect and friendship helps keep the community together. Your post is fine and welcome. Now that you have showed your trade, perhaps you can expand on the post with a question or some comment on why you made the trade. I am glad you have joined us and look forward to your participation! Good trading.
  • #26,430
  • Jul 14, 2011 7:45am Jul 14, 2011 7:45am
Quoting luSan
Actually if you look at the 1H, it does seem an exponential move.
Normally that would end on a major collapse.
Watch out.
However Ben talked today and say that QE3 is going to happens
so silver, commodity and gold went up.
People want to dump the dollar.
Good luck...and remember that the chart says all.
Thanks.
I think I'll borrow a line from Lc, in saying I feel comfortable in my anonymity.But individually the reality is I really hate having my words dissected or parsed by unknown commodities.
To me fti would just be another dealer( trained monkey), except for the fact that he has let it all hang out and he creates a good vibe and aura with regard to trading.

What the E/U 1H is telling us is truly in the eye of the beholder.
Exponential move yes, but why, where, when? What I see is range volatility.
This lead me to believe in two things, there's a gamma( volatility) inflection point brewing, which a) will create either an assassin type pattern or b) a flood of orders one way( delta b/s).

Sorry just felt like addressing your post,signing off
  • #26,431
  • Jul 14, 2011 7:51am Jul 14, 2011 7:51am
Quoting jacson101
Thanks.

What the E/U 1H is telling us is truly in the eye of the beholder.
Exponential move yes, but why, where, when? What I see is range volatility.
This lead me to believe in two things, there's a gamma( volatility) inflection point brewing, which a) will create either an assassin type pattern or b) a flood of orders one way( delta b/s).
The Summer's been anything but dull? Big Range, Big Vols.......Better prepare my Ark for the Big Flood.

Regards
  • #26,432
  • Jul 14, 2011 8:22am Jul 14, 2011 8:22am
Quoting auxesis
il Brigante,

One of the themes you will find as you study through the thread is there are no absolutes, no rigidity ......... as a by product of that mindset, there are no correct/incorrect trades as long as the context of the trade was inline with the basic methodology laid out in the thread. Some trades are more profitable than others, by my being more in or out of tune with the markets, some because the market gives more, sometimes less, and sometimes I'm just lucky. We adjust to the market, not expect return because the market showed X.

I...
auxesis

Thank you for you kind answer. I understand that.

Yes, but if you tell me that you are a good dancer, I would like to know how you dance, you do not have to dance like I do, just dance the way you want and maybe showing how you dance and seeing how others dance will be beneficial to our dancing.

I do not want hear how good the your dance is, I want to see you dancing even if you not doing it a that well.

All the Best
Il Brigante

Il
  • #26,433
  • Jul 14, 2011 8:32am Jul 14, 2011 8:32am
Quoting il brigante
auxesis

Thank you for you kind answer. I understand that.

Yes, but if you tell me that you are a good dancer, I would like to know how you dance, you do not have to dance like I do, just dance the way you want and maybe showing how you dance and seeing how others dance will be beneficial to our dancing.

I do not want hear how good the your dance is, I want to see you dancing even if you not doing it a that well.

All the Best
Il Brigante

Il
OK, I understand. Like I said, you should view journals for some of this, or perhaps contact MaMood who has been conducting sessions on his dancing style. Again, please be specific with trading questions, and feel free to post whatever you have in mind. Good trading!
  • #26,434
  • Jul 14, 2011 8:44am Jul 14, 2011 8:44am
Quoting GEfx
Hi, you will find that this is a community of traders. Most post their trades in their journals, not bothering the community here with day-to-day trades or ideas. I don't think fear is an emotion that hinders most of the long-time participants, but respect and friendship helps keep the community together. Your post is fine and welcome. Now that you have showed your trade, perhaps you can expand on the post with a question or some comment on why you made the trade. I am glad you have joined us and look forward to your participation! Good trading....
GEFx
Thank you for your explanation.

Well I do not see very much respect and friendship when a newbie like me ask a question and the answer is the one that you need to re-read 4 years of thread.

That is why I ask to place "the balls on the line", If you are that super trader that you like to project, show it to us, dont be afraid, you are not bothering me, I ask you to do it, otherwise your words are only words that do not mean anything.

Sure I happy to tell you why I entered that trade, I entered that trade because I like to dance with that complicated Lady. Am I going to sleep with her? I do not know, probably not, but at least I am dancing.

Il Brigante
  • #26,435
  • Jul 14, 2011 8:45am Jul 14, 2011 8:45am
Quoting luSan



Excellent answer. You just now joined my ignore list. Have a good day.
il brigante,

one of the most important principles in this thread is the lack of rigidity.
Rigidity kills. You will be open to knowledge, but the key to effective
trading is to develop your trading rules by you.
Nobody here will not write you the exact scenario what to do.
Who on this thread knows your needs? Who knows you here?
Who knows your personality, what you believe, what your dreams etc. etc.

Here are the practical basics and nothing more. Maybe you expect too much?

And what to ignore it laugh at it
In my opinion, no one is offended and someone
may have come on a bad day
Be persistent and patient.
  • #26,436
  • Jul 14, 2011 9:00am Jul 14, 2011 9:00am
Quoting gart
il brigante,

one of the most important principles in this thread is the lack of rigidity.
Rigidity kills. You will be open to knowledge, but the key to effective
trading is to develop your trading rules by you.
Nobody here will not write you the exact scenario what to do.
Who on this thread knows your needs? Who knows you here?
Who knows your personality, what you believe, what your dreams etc. etc.

Here are the practical basics and nothing more. Maybe you expect too much?

And what to ignore it laugh at it
In...
The fact that you say that rigidity kills is very rigid.

Who is talking about rules?

Listen, at the end of the day, if you make money you are a good trader, if not you can talk about how good trader you are if that makes you happy.

I know how to trade and I can show it to you anytime if you want, but I am not sure about the others.

Cheers
Il Brigante
  • #26,437
  • Jul 14, 2011 9:08am Jul 14, 2011 9:08am
Quoting il brigante
GEFx
Thank you for your explanation.

Well I do not see very much respect and friendship when a newbie like me ask a question and the answer is the one that you need to re-read 4 years of thread.

That is why I ask to place "the balls on the line", If you are that super trader that you like to project, show it to us, dont be afraid, you are not bothering me, I ask you to do it, otherwise your words are only words that do not mean anything.

Sure I happy to tell you why I entered that trade, I entered that trade because I like to dance with...
I will give this one more try. If you are interested in seeing my trades, then please go to my journal (LuSan has one, Auxesis has one, Dongsky has one, etc).

I have never said that I am a super trader, nor do I now claim to be one.

If you have not read the first 200 pages of this thread, then you are not qualified to ask questions and expect an answer. That has become rule #1 around here.

Up to this point, you have not asked a question about trading, and instead have demanded/insisted that we post trades and commentary for you. That is considered rude behavior around here. We have had recent experience with people who just stop by to create problems (eg, Nubcake). If that is your intention, then you will likely be banned soon, but if you want to participate here or have something specific in mind, please get on with it.
  • #26,438
  • Jul 14, 2011 9:16am Jul 14, 2011 9:16am
Quoting il brigante
GEFx
Thank you for your explanation.

Well I do not see very much respect and friendship when a newbie like me ask a question and the answer is the one that you need to re-read 4 years of thread.

That is why I ask to place "the balls on the line", If you are that super trader that you like to project, show it to us, don't be afraid, you are not bothering me, I ask you to do it, otherwise your words are only words that do not mean anything.

Sure I happy to tell you why I entered that trade, I entered that trade because I like to dance with that...

Il Brigante,

I am a newb too in this method and I have a very limited English skill that makes my reading of this thread very slow. It has been more than three months continues reading and I am only up to page 300.

If you keep pushing other to post their chart to show how they trade, believe me, you will be very disappointed as no one will do that here in this thread. It is totally different in this thread to what you normally find on any other thread. There, peep will be very proud to post their artistic colorful charts to show you their trade.

Try to read at least the first 200 pages of this thread (if you haven;t already), you will understand the whole idea. You will find all the answer in the first 200 pages, if you don't find the answer start all over again, read from page 1 to page 200, again and again. Even if that has to take weeks or months to finish up the first 200 pages, it's worth the effort, really. That is the only way to understand the teaching and methods. There is no other way and there is no short cut. This thread is unique.

Currently, I have understood the teaching but still practicing what have been taught. You need continues practice to master the method taught by FTI. This is also cannot find short cut. Even if there is a short cut in learning this method, if you take that short cut, you die.

Please try, It is really really really worth it. All the seniors here are helpful, just that you have to finish your home work first, the 200 pages.

Rgds,
  • #26,439
  • Jul 14, 2011 9:17am Jul 14, 2011 9:17am
FTI,

Really glad to see you back, Sir.

God Bless You

Rgds.
  • #26,440
  • Jul 14, 2011 9:36am Jul 14, 2011 9:36am
Hi All Seniors,

Sorry if this has been asked before, can any one tell me how to identify the sweep?

Will appreciate the answer or at least point me a direction to which page I can find the answer to my question. Thank you in advance.

BTW, shhhhh, been fighting my scorpion today, gosh it's terrible. When scorpions emerge, shhhhh.... it is much easier to fight other things than my own scorpions. Advice pleaseee...

Thanks & Good Trading to all.
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