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Technical Analysis Fallacy

  • #52,281
  • Apr 29, 2015 4:37am Apr 29, 2015 4:37am
Quoting alexandria
{quote} Hi sometimes we all need a hug......I do not know if this helps or not and hope I am correct here.... maybe you need to encourage a different mindset... do not worry about flip or not flip...think rescues with trend impulse ... use HTF (m15/h1 as required) to check trend/impulse... think only about rescues ....... if we are with impulse then we are happy with rescues at better price (eg with abc PB then get in at C/D) (if impulse is very deep we can close last attack ) and when impulse resumes send in bigger nos later at better...
vic have bad day gets hug. lucky lucky.
I been stuck 1 quarter already.

regards
  • #52,282
  • Edited 5:12am Apr 29, 2015 4:59am | Edited 5:12am
Quoting fti
{quote} vic have bad day gets hug. lucky lucky. I been stuck 1 quarter already. regards

Inserted Video


to all and Phil on his holidays


Regards


Inserted Video
check out the terrain - follow never lead
  • #52,283
  • Apr 29, 2015 5:17am Apr 29, 2015 5:17am
Quoting alexandria
{quote} https://www.youtube.com/watch?v=ZXH_2KVT8uY to all and Phil on his holidays Regards https://www.youtube.com/watch?v=Ib5mAevW9cY


regards
  • #52,284
  • Apr 29, 2015 5:22am Apr 29, 2015 5:22am
Quoting Hopkins99
Sometimes technical analysis works sometimes it does not, the smart money is often used it as a trap for the crowd. You have all the time to connect additional extra sources to analyze your technical analysis. Naked technical analysis does not turn to trade profitably, you never know whether the figure will work or it was just a trap for the crowd. Ps: Be smart and watch the market.

Trap? huh????
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  • #52,285
  • Apr 29, 2015 6:49am Apr 29, 2015 6:49am
Quoting alexandria
{quote} https://www.youtube.com/watch?v=ZXH_2KVT8uY to all and Phil on his holidays Regards https://www.youtube.com/watch?v=Ib5mAevW9cY
Hi Alex



not a holiday for me my friend, just taking some time away from the market and my wife has a list for me .

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #52,286
  • Apr 29, 2015 7:04am Apr 29, 2015 7:04am
so lively tonight

US advance gdp 830pm singapore time

then, fomc at 2am

good luck
THE ALL is MIND; The Universe is Mental
  • #52,287
  • Apr 29, 2015 9:40am Apr 29, 2015 9:40am
Quoting fti
{quote} Trap? huh???? https://www.youtube.com/watch?v=kqfomyVl2WM {image}

But I thought the croc was coming back for the girlies.......
check out the terrain - follow never lead
  • #52,288
  • Apr 29, 2015 10:10am Apr 29, 2015 10:10am
Quoting phil13
{quote} Hi Alex not a holiday for me my friend, just taking some time away from the market and my wife has a list for me . regards Phil.

Hi........ ahh me too I have a list... but my man is too busy .... swim, work, swim, tunnel, work swim work tunnel etc etc.... I am pretty good at painting tho'.... just not at mo'... think this weekend he is gonna ruin my living room (I mean do some demolition work)

Work hard then come on get on with it.....back to work

Regards
check out the terrain - follow never lead
  • #52,289
  • Apr 29, 2015 11:28am Apr 29, 2015 11:28am
Salute to the great master.

Can any one of the disciples guide me on if i understand my mistakes correctly. I remember master saying its dangerous to trade the breakouts. If you seeing I am always trading the breakouts (alongwith the trend) in this strategy and covering the profit at pullbacks.

Please guide me.
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  • #52,290
  • Apr 29, 2015 12:02pm Apr 29, 2015 12:02pm
Quoting pannet1
Salute to the great master. Can any one of the disciples guide me on if i understand my mistakes correctly. I remember master saying its dangerous to trade the breakouts. If you seeing I am always trading the breakouts (alongwith the trend) in this strategy and covering the profit at pullbacks. Please guide me. {image}


Hi

Heard the expression sitting ducks.... where do you think they sit.... where do peeps put stops/entries etc etc..... how to some peeps trade so where can I get nice price?


Regards
check out the terrain - follow never lead
  • #52,291
  • Apr 29, 2015 12:25pm Apr 29, 2015 12:25pm
Quoting alexandria
{quote} Hi Heard the expression sitting ducks.... where do you think they sit.... where do peeps put stops/entries etc etc..... how to some peeps trade so where can I get nice price? Regards
Ok Alexandria, Thanks. Sorry for another question.

i stacked 1,2,3 up so down it should be 3,5,8 or 3,2,1.
  • #52,292
  • Apr 29, 2015 12:58pm Apr 29, 2015 12:58pm
Inserted Video


she is back on her feets, gillian chung
THE ALL is MIND; The Universe is Mental
  • #52,293
  • Apr 29, 2015 1:25pm Apr 29, 2015 1:25pm
Quoting fti
{quote} Nevermind, vickytor it happens to the best of us. sometimes we careless sometimes we carry too much balls in our throats and mke bubu. let water flow under the bridge. Watch the testerones . Have you exercised frequently? Important thing is to survive inspike of. So the mindset must revert find peace. When wrong man uses the right tools, the tools works in wrong way. So need mediatate find the right man again from inside. reboot. I think maybe you fell in love got married.like me. Is not clever always to fall. I fell, now moneys...

Well my mindset had been very disturbed lately...it was due to that. Unable to read the move is part of it. But all my rescues went against me which never happened though always first time. I lived to fight another day. YTD running (-2%) .

Already out of trading for next weekend . Will go to vipassana meditation. sometime i feel like even after 7 year if not failure no way i am successful. Just vry humbling and it cuts through your soul.

V
  • #52,294
  • Apr 29, 2015 1:26pm Apr 29, 2015 1:26pm
Quoting alexandria
{quote} Hi sometimes we all need a hug......I do not know if this helps or not and hope I am correct here.... maybe you need to encourage a different mindset... do not worry about flip or not flip...think rescues with trend impulse ... use HTF (m15/h1 as required) to check trend/impulse... think only about rescues ....... if we are with impulse then we are happy with rescues at better price (eg with abc PB then get in at C/D) (if impulse is very deep we can close last attack ) and when impulse resumes send in bigger nos later at better...

Sometime we all need a hug .

'Courage doesn't always roar. Sometimes courage is the little voice at the end of the day that says I'll try again tomorrow."


V
  • #52,295
  • Apr 29, 2015 1:41pm Apr 29, 2015 1:41pm
Quoting pannet1
{quote} Ok Alexandria, Thanks. Sorry for another question. i stacked 1,2,3 up so down it should be 3,5,8 or 3,2,1.
Sorry I do not understand your question.... I did not look at your chart.... up and down (??).

Look at FTI example near start of thread and see what he does... work out roughly where his average would be when he puts more troops in and when he takes some profits out...why do it like that at all ? ...... then make up your own example on your chart... work out where average of all positions would be at each in and out. There are good examples showing average at start of thread. Go over FTI chart and look at where average is with each move.

Start with small nos is the advice 1 1 2 in (like junior dealers) and 2 1 out leaving 1 in maybe.......

When you are in rescue mode you are in a loss so where is your average of all positions in relation to now and what happens when you rescue with bigger nos. what happens to that average .............?

When you are in attack and nice profits where is your average compared to now?

FTI will change his nos based on terrain and what is to be done.... range/strength of move....... all in thread.


Regards
check out the terrain - follow never lead
  • #52,296
  • Apr 29, 2015 2:04pm Apr 29, 2015 2:04pm
Quoting alexandria
{quote} Sorry I do not understand your question.... I did not look at your chart.... up and down (??). Look at FTI example near start of thread and see what he does... work out roughly where his average would be when he puts more troops in and when he takes some profits out...why do it like that at all ? ...... then make up your own example on your chart... work out where average of all positions would be at each in and out. There are good examples showing average at start of thread. Go over FTI chart and look at where average is with each move....
Hi Alexandria,

Thank you so much. It was very kind of you to reply this late.

Up=Buy; Down=Sell

Best Regards
  • #52,297
  • Apr 30, 2015 7:00am Apr 30, 2015 7:00am
Quoting pannet1
{quote} Hi Alexandria, Thank you so much. It was very kind of you to reply this late. Up=Buy; Down=Sell Best Regards
No probs....... not that late where I am.

I am no expert in this at all but an ant working away (they tried to come into my house those pesky workers the other day)........ read as much of the thread as you can.... have an open mind and it comes to you when you are open to it..... demo it and learn... FTI says market is great teacher and have respect for all who teach us and help us on our way and then help others.... but each is on their own journey and sees the world in their own special way. It is a long slow journey but worth the effort. I am learning something new about trading and about life...... I do warn() you FTI makes you think about your life and values too... well he has done for me.

Have fun with it.


Regards

Alex
check out the terrain - follow never lead
  • #52,298
  • Apr 30, 2015 7:48am Apr 30, 2015 7:48am
Quoting alexandria
{quote} No probs....... not that late where I am. I am no expert in this at all but an ant working away (they tried to come into my house those pesky workers the other day)........ read as much of the thread as you can.... have an open mind and it comes to you when you are open to it..... demo it and learn... FTI says market is great teacher and have respect for all who teach us and help us on our way and then help others.... but each is on their own journey and sees the world in their own special way. It is a long slow journey but worth the effort....
Thanks once again Alex. Its more relevant today as life has thrown me to trading full time as no one thinks I am worth another job.
  • #52,299
  • Apr 30, 2015 7:59am Apr 30, 2015 7:59am
Quoting pannet1
{quote} Thanks once again Alex. Its more relevant today as life has thrown me to trading full time as no one thinks I am worth another job.
I am sorry to hear that you have had troubles...... life can be hard some times.

Trading is not an easy or fast answer and you need the funds to do it... read about all of this and more in the thread. Read the first 200 pages and demo while you learn if you can afford to do so... or find paying work and learn when you can.

Do not let others bring you down or determine your worth....... hard work, respect, humility and love for/by others will always bring rewards in the end..... stick hard and true to whatever you do...... but be warned you need funds to trade and it is a very very slow journey. Lack of funds will kill you.

Read at least 1st 200 pages and reread as only in the doing will the story come to life slowly.

Have faith in you...

Regards
check out the terrain - follow never lead
  • #52,300
  • Apr 30, 2015 8:38am Apr 30, 2015 8:38am
Quoting alexandria
{quote} I am sorry to hear that you have had troubles...... life can be hard some times. Trading is not an easy or fast answer and you need the funds to do it... read about all of this and more in the thread. Read the first 200 pages and demo while you learn if you can afford to do so... or find paying work and learn when you can. Do not let others bring you down or determine your worth....... hard work, respect, humility and love for/by others will always bring rewards in the end..... stick hard and true to whatever you do...... but be warned you...
Yes, I read FTI's teaching word file. But need to digest it and bring it to practice. Already doubled demo twice, almost burnt live account before going to work. Now here I am after making U turn.

BTW, are you saying you have faith in me (or) to have faith in myself.
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