As always and once again, well said fti!

Technical Analysis Fallacy

Hope this comment does not upset anyone, but the law being proposed in the attached article would be the dumbest law in human history, imho. Edit: man I must be in a grumpy mood this morning.

Technical Analysis Fallacy

Cindy, thanks for starting this thread. It's been fun reading the posts to hear other perspectives on trading. IMHO, Dopey's early post is my favorite. Here is what I have learned: 1.) Bankers/Brokers (the guys who control the FOREX) are ...

No more BS - What have you learned?

Hey MaMood, glad to have you back. You have been missed. Good trading my friend.

Technical Analysis Fallacy

Hi Jhig, do you use one of the banks listed? In addition, I agree with your comment about our ability to use non-US brokers. I think any regulation would not stand up to a US court action.

CFTC NEW Document - Overseas Accounts OK?

I use HA candles and find them useful indicators of trend, or of trend change confirmation. Study them before using them. I have friends who trade them and are very profitable (only on large time compressions).

Heikin-Ashi versus Candlestick

George Green — Hi fti, long time since we last spoke and hope you are well. I saw your post on George Green and wanted to pass along some information that you may enjoy during these long trading hours. First, I have no idea about George ...

Technical Analysis Fallacy

Last year I moved my account to London from the US. I suggest everyone do the same thing to avoid these headaches. I find trading takes all my concentration and have little time left for looking over my shoulder for Obama and his friends at the ...

Thoughts on 50:1 Leverage

Two of my trades from August 20. One rule of trading that I follow is to enter a trade when PA is within 2 pips of the targeted fib level, and have a stop that is 3-5 pips beyond the .786 fib. This rule only applies if certain conditions are met in ...

(binned per thread starter’s request) GEfx Trading Journal

OK, again, thanks to Petar for his hard work on this, and I really appreciate all the discussion and work the rest of you are putting into this. I just re-read the thread and have it under control now. Good trading to everyone.

NEW Candles Formation Trading -Petar Formation

Petar, thanks for all your hard work on both identifying the candle formation and on this thread. AFter reading through it several times, I must admit to being a little confused. Please do not take offense, but perhaps Turner or someone who is an ...

NEW Candles Formation Trading -Petar Formation

Trending: the black line is the day trend, which is retracing; the blue line is the 4H trend, which is also retracing; the red line is the 1H trend. Let me know if you have any questions. I am currently looking at the 4H trend as a retracement of ...

(binned per thread starter’s request) GEfx Trading Journal

Hi Auxesis, nice to see your post on the yen. I was looking at it today as it started to break 86.06 for the second time. Got a few and hope you did, too.

Aux's Asylum

Happy trading day to everyone. Just stopping by while the market sorts out the initial jobless claim number to say hi, and glad to see the thread is so active. Paul1, stay focused and listen to fti and traders like auxesis. It takes time but with ...

Technical Analysis Fallacy

OK, I have provided a number of examples of how I use technical analysis (TA) in my trading. In short, I do not rely on TA to make decisions for me, but use TA to enhance my decision making. I fit my TA to the real-time PA and trade from that ...

(binned per thread starter’s request) GEfx Trading Journal

My prayers are with you and your family. May he rest in peace.

Technical Analysis Fallacy

Traded the GBP/$ today and had four trades: Trade 1 was early and was the result of a nice pull back from the direction of the trend. image image Trade 2 was the result of another pullback (actually, the next trades are, too). image image ...

(binned per thread starter’s request) GEfx Trading Journal

Man, there are days when it seems that way! LOL. Good trading!

What should have happened...

Oh, you're not joking. Sorry. The candle you point to on the chart you provided is a spinning top candle. It does not mean a decrease in the number of buyers. The number of buyers is not represented by the candle formation; rather the candle ...

What should have happened...

Here is the chart for the last post on the GBP/$: image

(binned per thread starter’s request) GEfx Trading Journal