You spent three whole years looking for a successful strategy? If, before you spent 3 years looking for a successful strategy, someone had told you that you needed to spend eight to ten years learning about all things related to the forex before ...

has anyone EVER seen a successful trader/trading system?

Have been following the news today from Saudi Arabia. Maybe half of their oil capacity shut down? US is blaming Iran? World suddenly feels riskier. I'd like to say battle stations but maybe better to find a hole to hide in.

Technical Analysis Fallacy

Fundamental reason: There were no FAs on the Euro today, but there is an ECB meeting tomorrow (last meeting for Draghi, speculation that the ECB will announce projections that the EZ will slow further this and next year, and the fear that the new ...

Explain this drop in eurusd at the absense of any news

Hi fti...really liked this one. Hope you had a good weekend!

Technical Analysis Fallacy

Lol...that's a nearly perfect reply. An "It's not me, it's you" response proves the point I was making about you. In your mind, you have elevated my opinion of you to that of an "enemy". Nope, nothing that grand or threatening. You are an unwelcomed ...

Technical Analysis Fallacy

Thank you, that helps me. You are likely not crazy. Just stupid. You feel duped by people who have tried to explain TA to you, have failed to grasp how to use TA, have had no success in trading, and in your weak mind, blame others for your failure ...

Technical Analysis Fallacy

Better make room for a fire extinguisher too.

Technical Analysis Fallacy

I love this!

Technical Analysis Fallacy

That's what I said. It"s not possible to predict, but it's likely a good trader will participate in it. And the trades on the 10M were not BS. If you think that, you dont understand. But your comments are made out of ignorance, not understanding. I ...

Show me your greatness and your trading system (EURUSD drop)

I should first apologize to you, because after reading your posts in the last few pages, I'm confused about what you are contributing to this thread, or what you think you are contributing. I'm a little embarrassed for you, too, because the things ...

Technical Analysis Fallacy

Good stuff here on page 3. But in summary, it was not possible to predict the sharp drop in th E$, but that drop was within the know and understood (by a few) structure of the market. If you were selling that day and/or had long term positions open, ...

Show me your greatness and your trading system (EURUSD drop)

Let me be clear: no one knew about the big move down before it happened. The move, however, fit the narrative of the market from the last few months. Look back on the 4H and you see a strong trend move that, technically, was ripe for square up. The ...

Show me your greatness and your trading system (EURUSD drop)

There were clear sell set ups on the E$ all morning, and technical reasons for selling (any move up in the E$ provides an opportunity to sell). The sharp sell off you are highlighting was launched as a result of the Trump news, but the level hit was ...

Show me your greatness and your trading system (EURUSD drop)

I sold at 1.2212 about 30 minutes ago, and will kill it if it returns to the entry. Just read that the Queen suspended Parliament so I have that going for me...lol. I am not sure why I am in this but it seems to make some sense. I should close it ...

Technical Analysis Fallacy

Fti, I have not heard from Vic in a while. Hope he is well...he is a good man and I miss his comments. HK worries me, too. I'd like to see all sides take a step back and rethink their positions. We need for calm heads to get in front of this before ...

Technical Analysis Fallacy

Happy weekend fti and everyone! Been warm here in the Sonoran desert this weekend, but not too hot. Looking forward to the coming week. I guess it's good to live in interesting times! Fti thanks for your thoughts on HK. I've been watching that one ...

Technical Analysis Fallacy

This is really good! Fti, hope you are well! Your posts lift my spirit, and for that I am thankful! Please take good care!

Technical Analysis Fallacy

[quote=komposter;12434758] Your idea is clear for me — if you trade bad, size of costs has no matter. No, that's not my idea (but it is true). My point is that if you trade well, cost does not matter. Consider the posts on my journal on August 9 ...

Are trading costs the main reason of losses in trading?

Let me walk you through this. He provided an allegory about sailing a boat, and my comments were meant as an extension to his allegory. I am sorry it was lost on you. The point is, all traders are the captain, of their own boat. Get it? I kinda ...

The word DISCIPLINE is overused

Sorry, I'm not talking about or defending any gurus, nor do I know any gurus. I'm just saying that anyone who says, be disciplined in your trading, is not to blame for your problems. If you are hating on, or attacking those who call themselves, or ...

The word DISCIPLINE is overused