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Technical Analysis Fallacy

  • #45,921
  • Apr 20, 2014 12:22am Apr 20, 2014 12:22am
Quoting fti
By the way. i experencing the shaolin 18 kuan yesterday night. Had been many false alarms before. Only that yesterday was very different. cold sweats, numbness, pains deep in bone structure. and of course chest pains. but this time no back pains. so i will not be online much, trying cope with my situation. most of what you may need is already on thread if you need. regards
private message to my children

"be Good.
Be the best you can be."

regards
  • #45,922
  • Apr 20, 2014 2:40am Apr 20, 2014 2:40am
Quoting fti
By the way. i experencing the shaolin 18 kuan yesterday night. Had been many false alarms before. Only that yesterday was very different. cold sweats, numbness, pains deep in bone structure. and of course chest pains. but this time no back pains. so i will not be online much, trying cope with my situation. most of what you may need is already on thread if you need. regards
Hey FTI
Sorry to hear that, wish you strength to cope with your situation.
I think you can be proud even of some people (children) in here
that with your help opened their eyes not only on trading but on life itself
Kind Regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #45,923
  • Apr 20, 2014 2:52am Apr 20, 2014 2:52am
Quoting fti
By the way. i experencing the shaolin 18 kuan yesterday night. Had been many false alarms before. Only that yesterday was very different. cold sweats, numbness, pains deep in bone structure. and of course chest pains. but this time no back pains. so i will not be online much, trying cope with my situation. most of what you may need is already on thread if you need. regards

for my friend. take care.
-be careful about what you allow to be put in your mind-
  • #45,924
  • Apr 20, 2014 6:24am Apr 20, 2014 6:24am
FTI

"Que dieu te garde"
"god bless you"
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #45,925
  • Apr 20, 2014 6:48am Apr 20, 2014 6:48am
A different approach to see market and trading.
* market is always in equilibrium.(chief says so) like water always maintain its level.
* like a sine wave always tend to become at base frequency or zero base.
* though this base line is change it is not fix at any given time.
* factor effect on price change.
* economic changes, CB action, news, large order, stop sweeping,
* 70% time market at rest condition
* economic condition changes effect slow, CB direct action is large and at very end of bad condition, indirect action is swift and cause normal speed of change. news effect so fast, large order move the market in normal way. stop sweeping fast move up and down.
* bank trading and individual trading is different.
* so as a individual trader I have to set up my own rules.
* Aim is profit.
* ways to be profitable.
* market can move up or down from equilibrium point
* don't predict direction, but dance with flow of water.
* as a individual trader what I have to know??
1 no pressure to do trade at given time even no trade for many weeks but as no trade no profit/loss.
2 do I need trade every day and every set up???
3 what is set-up it should be clearly define.
how I see a market

more to come
Attached Image
don't predict direction, but dance with flow of water
  • #45,926
  • Apr 20, 2014 7:00am Apr 20, 2014 7:00am
* if it is stop sweeping than price soon become to base level.
* if price move in any direction and stay there and making another bas line than this is new balance point.
* if base line is near so called support/resistance point, than it is high chance of stop sweeping.
* Simpy think like a stop lover trader and locate the area of stop sitting people, sitting duck.
* between that area and base line some action can happen.
* no pair move independently so look others pairs too i.e 3 kingdoms.

more to come.
don't predict direction, but dance with flow of water
  • #45,927
  • Apr 20, 2014 7:26am Apr 20, 2014 7:26am
Quoting fti
{quote} private message to my children "be Good. Be the best you can be." regards
hey fti, wish you a good rest and come back soon

best regards
THE ALL is MIND; The Universe is Mental
  • #45,928
  • Apr 20, 2014 8:58am Apr 20, 2014 8:58am
praying for you fti
Howlin' at the Moon on the Roof
  • #45,929
  • Apr 20, 2014 9:29am Apr 20, 2014 9:29am
Chief, you shall overcome...keep heart steady. You are in our prayers.

Happy Easter, friends.
  • #45,930
  • Apr 20, 2014 10:42am Apr 20, 2014 10:42am
take lots of care n rest FTI! See you the soonest.

Fight on ! :@
Fall in love with the process, and the outcome takes care of itself.
  • #45,931
  • Apr 20, 2014 2:12pm Apr 20, 2014 2:12pm
http://i58.tinypic.com/6pryme.png

* don't predict direction, but dance with flow of water.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #45,932
  • Apr 20, 2014 2:48pm Apr 20, 2014 2:48pm
Dear FTI

Hi

i am proud to read your posts, you are one of a kind. i wish you full health.

i am a trader who have engineering degree and trying to teach new traders that forex is a river full of great and many types of fish that you can harvets or collect in simple methods rather than strange and odd indicators or ea's.

i do not try to sell anything or to be guru, only simple trader enjoying forex trading and made so many mistakes that i regret sometime joining forex race, but i feel it is our duty to teach the traders who are still struggling like what we had faced before few years back to prevent their losses or to minimize it and increasing their income to have better life, and i mean clearly to keep trading but be aware of the deep black holes in this huge river of forex

so i will quote from the above post the say of : " don't predict direction, but dance with flow of water. "

it is the same as riding the wave in this river / OR SEA / OR LAKE / OR ........

I wish you fAST RECOVERY AND HAPPY NIGHT.

SAMER
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #45,933
  • Apr 20, 2014 8:26pm Apr 20, 2014 8:26pm
Hi Chief,
My gearbox's lost its gear today ... I had to shift down and slowly pick up speed again. Now it is on cruise control again

Hope to have milo+egg with you real soon ... speedy recovery !

Rgds,
Kopi-B
  • #45,934
  • Apr 21, 2014 6:09pm Apr 21, 2014 6:09pm
Quoting fti
{quote} private message to my children "be Good. Be the best you can be." regards


Will always do my best my friend!

Wishing you the best!
  • #45,935
  • Apr 22, 2014 3:40am Apr 22, 2014 3:40am
@fti hope all will be good.
don't predict direction, but dance with flow of water
  • #45,936
  • Apr 22, 2014 5:06am Apr 22, 2014 5:06am
* don't predict direction, but dance with flow of water.

Profit Factor:534.48
Absolute Drawdown:0.00Maximal Drawdown:0.50 (0.29%)Relative Drawdown:0.29% (0.50)

Total Trades: 39 Short Positions (won %):14 (100.00%)Long Positions (won %):25 (96.00%)

don't predict direction, but dance with flow of water
  • #45,937
  • Apr 22, 2014 6:36am Apr 22, 2014 6:36am
Go priceaction1!

If I may ask, What time period are those stats over?
  • #45,938
  • Apr 22, 2014 7:01am Apr 22, 2014 7:01am
Quoting FFBinary
Go priceaction1! If I may ask, What time period are those stats over?
start from 11/4/14.
don't predict direction, but dance with flow of water
  • #45,939
  • Apr 22, 2014 2:57pm Apr 22, 2014 2:57pm
Thank you. A few more times active than myself. I wish you continued success.
  • #45,940
  • Apr 22, 2014 5:04pm Apr 22, 2014 5:04pm
Quoting fti
i will not be online much, trying cope with my situation. most of what you may need is already on thread if you need. regards
Rest and recover well fti so you can order your medium rare
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