wise words!

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Thanks for the response... Yeaah, i had a big drawdown as a result of going against major trend yesterday. Rescue didn't work because trend was too strong. When u say stay away from the numbers, do you mean to focus on feeling the market and dancing ...

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Nice.. I am resecuing my troops still. 8 degrees??? where ya living?

My trading journey

This sharing may make me sound abit stupid and silly but here goes.... I'm in eur/usd long. My attack sequence is 1,3,3. After sending in the soldiers, price went against me. So I had to send my rescue tropps in to save them. Before today, I always ...

Technical Analysis Fallacy

Hi Simpleman, Thanks for your advice True, I will need to dance better before I load up more positions...

Technical Analysis Fallacy

Thanks Dongsky, you made some very good and insightful points. The market is alive and uncertainty is something to be embraced, and not feared. Fear plays no part in a trader's mind. Looking forward to market open tomorrow

My trading journey

I totally understand what you mean. There have been times where I am on level 3 attack. And constantly paranoid and worried that price could do a sudden reversal. End up booking profits way too early. But can't complain anyhow. Profits is still ...

My trading journey

Keep attacks short and sweet? Don't quite get the 1 defender and 4 attackers part though...

Technical Analysis Fallacy

Thanks for pointing this out, Phil! I also had a realization about why i cannot let my profits run. I understand now that i have been overleveraging. My attack sequence is this: 1, 3, 6. I even tried 1,3, 6, 6 yesterday. I was worried that if price ...

Technical Analysis Fallacy

Agreed... Preserve your capital is key to having a long lifespan in the markets. My challenge is to ride my profits this week. Volatile week, so good for traders. but i've been terrible at making it count

My trading journey

I see... Been feeling the rhythm... My challenge now is to ride the waves instead of cutting my profits short... I've much to improve in terms of feeling the flow... Well because i don't see 3 full waves all the time... Sometimes there is, sometimes ...

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Wow Mike. Down 25%? That's dangerous. Mind sharing your entries and views about your trades?

My trading journey

nice short on eur/usd today... loving the volatility...

My trading journey

Dear FTI, Been reading through the attack and resecue sequence. I wanted to clarify both with you. Attack Sequence For attack sequence, I will send my scout in first. Upon finding weak points in the terrain, I will send my army in sequence of 3, 5, ...

Technical Analysis Fallacy

Thanks for your sharing... Volatility is a double edged sword. I traded gbpjpy today. but it's way too volatile for me. the trading range is so wide. I went back into EUR/USD, and it got much more comfortable. The vol is easier to handle as well..

My trading journey

Dear all, Does anyone know where i can get the book on compound charts? Thanks Also, I wanted to clarify some doubts of mine: 1. When volatility is low/tight, we can afford to stay in battle for long but will not deploy the full attack sequence? ...

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Sure, i get where you are coming from. i have been reading FTI's forum too I was wondering about the volatility, and how to dance in periods of high and low volatility. From what I read and understand so far, we are to keep our dance fast in ...

My trading journey

Why is it irrelevant? you don't have to tell me your actual lot size. Wanted to find out if you are using fib numbers

My trading journey

awesome dongsky. what are your trade sizes for your levels?

My trading journey

Hi Chief, What's a real news feed to you?

Technical Analysis Fallacy