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Technical Analysis Fallacy

  • #55,601
  • Edited 6:59am Sep 9, 2016 6:39am | Edited 6:59am
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M5..
I think that playing a CONTROLLED & BALANCED countertrend
in these conditions is not a mistake.
Gann traded both ways, as you know, always controlling peaks and valleys...
she will pass? OK
I don't intend to resist.

3 points under the line and I'm out... thanking.
  • #55,602
  • Sep 9, 2016 6:46am Sep 9, 2016 6:46am
Done.
Squared... H1 breached.
'Cause this was my plan... and I honoured it.
But technically, all the shadows are target for the bears but support for me.
So I have to watch what will happen in that Time Window.
  • #55,603
  • Edited 7:06am Sep 9, 2016 6:53am | Edited 7:06am
Quoting Jupiter
Done. Squared... H1 breached. 'Cause this was my plan... and I honoured it. But technically, all the shadows are target for the bears but support for me. So I have to watch what will happen in that Time Window.
squared is good.
now you can have ability scoup her bottoms and whack her tops.scouts only.
until she tells you, scouts only.

regards

They looks finished for today. Thats what i seeing.
  • #55,604
  • Edited 8:06am Sep 9, 2016 7:06am | Edited 8:06am
Quoting fti
{quote} squared is good. now you can have ability scoup her bottoms and whack her tops.
Searching mistakes... obviously.
We try to be serious student.
And I think surely it's this one...

#55.593
"I could have played 670 stop and reverse... I know... but why.
I have an HL at my back."

She said no! Correctly I went out at the low... respecting that trend change and without fighting.

In any case not a bad performance for a COUNTERTREND. I milked what I could.
Not a good lesson for the beginners, i'm afraid.
  • #55,605
  • Edited 7:49am Sep 9, 2016 7:20am | Edited 7:49am
Quoting Jupiter
{quote} Searching mistakes... obviously. We try to be serious student. And I think maybe it's this one... #55.593 "I could have played 670 stop and reverse... I know... but why. I have an HL at my back." I don't know. I have to think about it. On the other side 610 is holding and is correct support! The three W are there. For sure... I had the psychological weight of trading in public. We always see what we what to see. It's the human factor. It's the Nick Leeson chart...LOL Great Alex... In any case not a bad performance for a COUNTERTREND. Not...
is dangerous think rigid.
3 points here 5 pips there.
decide as she moves.

otherwise square out use scouts uncover her moves.


regards
  • #55,606
  • Sep 9, 2016 7:54am Sep 9, 2016 7:54am
finish for week.... thanks to all for help and guidance.

......Much to internalise for this is where I think success is to be found..... when we are newbies I think we need some sort of form/guidance to work with else can be erotic - oops erratic flip floppers or not attack enough coz who knows when... think it must reveal itself. Any way market will tell me if lessons learned well enough.I like this as the probing strategy... with scouts. oh my eur as above so below,.

Alex

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check out the terrain - follow never lead
  • #55,607
  • Edited 9:15am Sep 9, 2016 8:26am | Edited 9:15am
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  • #55,608
  • Sep 9, 2016 8:28am Sep 9, 2016 8:28am
Quoting alexandria
finish for week.... thanks to all for help and guidance. ......Much to internalise for this is where I think success is to be found..... when we are newbies I think we need some sort of form/guidance to work with else can be erotic - oops erratic flip floppers or not attack enough coz who knows when... think it must reveal itself. Any way market will tell me if lessons learned well enough.I like this as the probing strategy... with scouts. oh my eur as above so below,. Alex https://www.youtube.com/watch?v=AJQ3TM-p2QI


regards
  • #55,609
  • Edited 9:00am Sep 9, 2016 8:29am | Edited 9:00am
And squared... in R ... before WS... 625 again from below!!!!!
view from m1...

Not in public this time!
Milady, today I'm a Bull. HL.. HL... and I'm in.

And I finished to invade your pages, fti.
Sorry for the mess. For the last time: that was a conscient CTrend. I played for a possible reverse. POSSIBLE!!!

15.47... she is flirting with me again! She doesn't stop to call me.
Problem is: I hate Wall Street.
I have lost big money with the big guys... the artists of the deception.
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  • #55,610
  • Edited 9:15am Sep 9, 2016 9:05am | Edited 9:15am
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ai ya why is she not smiling and happy like before.
ask the question.
then answers the question?

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  • #55,611
  • Sep 9, 2016 9:14am Sep 9, 2016 9:14am
I see your previous post just now....
Understood.
What I was writing is out of timing with your suggestion.
Cancel. Delete.
Yes, thanks. Got it.
  • #55,612
  • Sep 9, 2016 9:18am Sep 9, 2016 9:18am
Quoting Jupiter
And squared... in R ... before WS... 625 again from below!!!!! view from m1... Not in public this time! Milady, today I'm a Bull. HL.. HL... and I'm in. And I finished to invade your pages, fti. Sorry for the mess. For the last time: that was a conscient CTrend. I played for a possible reverse. POSSIBLE!!! 15.47... she is flirting with me again! She doesn't stop to call me. Problem is: I hate Wall Street. I have lost big money with the big guys... the artists of the deception. {image}
WAHHHHH champion.
Only 1 weakness, you didn't stretch.
I see possible biased mind.
you have insuffcient scouts in your employment?


regards
  • #55,613
  • Sep 9, 2016 9:23am Sep 9, 2016 9:23am
Quoting Jupiter
I see your previous post just now.... Understood. What I was writing is out of timing with your suggestion. Cancel. Delete.

clever.
inerperience peeps will freeze.

regards
  • #55,614
  • Sep 9, 2016 9:25am Sep 9, 2016 9:25am
Quoting fti
{quote} WAHHHHH champion. Only 1 weakness, you didn't stretch. I see possible biased mind. you have insuffcient scouts in your employment? regards
Simply and sincerely?
Fear of a sudden spike.
I kept her far from me...LOL... distance! Not too tight. Safe dance.
Now only "Bird Watching"... no more rifle.
16.32 - Ah... I have a wonderful video about the nimble.... searching... wait.
  • #55,615
  • Sep 9, 2016 9:26am Sep 9, 2016 9:26am

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  • #55,616
  • Sep 9, 2016 9:30am Sep 9, 2016 9:30am
Quoting Jupiter
{quote} Simply and sincerely? Fear of a sudden spike. I took her far from me...LOL... distance! Safe dance.

fear.
you caught a scorpion.
deal with it.
regards

are you trading bigger than you can afford?
  • #55,617
  • Edited 9:49am Sep 9, 2016 9:38am | Edited 9:49am
(No, no. Never overexposed. I watch the size. Simply respect. But each squad was "correct", well loaded with 10p of cushion)

Always play a good defense! JUMP OUT!
I'm the squirrel... of course!
There's a message inside.
While she is breaking to downstairs....
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Thanks for this day.
It was a pleasure and an honour.
Back to my cave.
Good trading to all. BE SAFE.
  • #55,618
  • Sep 9, 2016 9:49am Sep 9, 2016 9:49am
Quoting Jupiter
(No, no. Never overexposed. I watch the size. Simply respect.) Always play a good defense! JUMP OUT! I'm the squirrel... of course! There's a message inside. While she is breaking to downstairs.... https://www.youtube.com/watch?v=4fkwPWlcNTs Thanks for this day. It was a pleasure and an honour. Back to my cave. Good trading to all. BE SAFE.
ohhhh tupai??

my pleasure.

regards
  • #55,619
  • Edited 10:16am Sep 9, 2016 9:52am | Edited 10:16am
Quoting fti
{quote} ohhhh tupai?? my pleasure. regards
Didn't you try to explain something about AGILITY? Did you?
This quote is in my profile...

  1. Favorite Trading Quote:
  2. "Just stay nimble, watch size and dance the flow. Should keep bread on table and a peaceful mind." fti



With gratitude...
To you, always... if I learnt something! If we all could learn something!
(and to Dongsky, I have to say that, for myself... aloud)

Ps. I have only a regret for today... that I played a stubborn Countertrend.
I'm not a Contrarian.
I don't want to give this impression to anybody. I was controlled in my attempt.
And have nothing to show off... I'm sorry.

  • #55,620
  • Sep 9, 2016 10:20am Sep 9, 2016 10:20am
Hi,

is iT correct To assume That you use the Fibo from the starting point of an impulse leg, to the point were you enter your first position? And move iT after She Goes against you after you added the attack levels? (move iT to the average cost price)

thanks
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