I see it as do not follow the hurd and rise above it. Free yourself of the common deceptions. Think outside the box. Learn to feel what's "right". Remember "You can fool some of the people all of the time, and all of the people some of the time, but ...

Technical Analysis Fallacy

Thanks for your thoughts fti. I have just finished reading the Kybalion for the first time and I was surprised to read about similar thoughts I have had, which I assume you have also had. My personal story was that for nothing to exist there must be ...

Technical Analysis Fallacy

Hi fti Once again, it's good to see you back. I have some questions I'd like to ask. What do you look at when you do your daily analysis? Do you check previous support/resistance levels as well as trend? Also, on the 5 min, do you wait for a bar to ...

Technical Analysis Fallacy

Hi fti I am very very pleased to see you back. Many of us were worried about you and weren't sure whether you were attending business or health reasons. Please look after number one and it's good to see you back.

Technical Analysis Fallacy

Regarding 7 bars, I have been counting them on different timeframes and I've noticed that normally from peak to trough and trough to peak there are normally about 7 bars before some kind of retracement. It is not always 7 bars but close enough so ...

Technical Analysis Fallacy

Thanks Leigh, I missed that post on the 12sma "hourly benchmark" but can I assume that the 48sma is treated in the same way? That it can also be treated as a potential resting place (and not a trigger). Action speaks louder than MAs. I will have to ...

Technical Analysis Fallacy

Seeing that the 48 and 12 sma indicators are mentioned, can someone go over the use of them in more detail? I don't seem to recall much mention of this by fti or whether he explained how he used them (or how they should be used). I have seen it used ...

Technical Analysis Fallacy

Hi luSan, did fti ever discuss the use of 48sma with you? If so, I would be interested to know what he said.

Lusan's trade Journal

Nice to see you back Leigh and thank you for taking the time to answer my questions.

Technical Analysis Fallacy

Hi Wolf Good to see you around. Yes, 213 is an important level but the question is will it get there? Doesn't look like it but lets see.

Daily GBP/JPY analysis

I traded in my crystal ball but I can point out some important levels as they appear. As mentioned, I tend to watch market action these days and play on that.

Daily GBP/JPY analysis

Nice to read some analysis here Srikanth. This pair should stall around the 213 region if it gets there. It looks a bit high but lets see. I'll let market action indicate what's happening.

Daily GBP/JPY analysis

59fender, Only 47 pages left

Daily GBP/JPY analysis

hey mm, 37? Make the most of it while you're still young! Hope those green pips are coming your way. I've been focusing on another thread here on FF so I've been polishing up my trading and fixing the broken pieces. All is coming along nicely now. ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

OK, without searching it I suspect they were promoting a pay site. Good to hear aus is movinging along nicely. Though I have no idea where his trading room wouold be.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I was waiting for this thread to reach page 1000 so I can make a post but it looks like I'll be waiting a while!

Daily GBP/JPY analysis

So this thread seems alive and well. I can see a couple of people have been banned (notably Pipchick and Hakuna Matata). What's going on there? How are the crystal balls going? I've been watching the DOW and we could be heading for a nice drop to ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hi hemal, I haven't had a chance to re-read this thread yet but as it progresses I continue to learn more and I'm sure when the time comes, re-reading it will be even more valuable. I still have a few books/papers fti mentioned that I still need to ...

Technical Analysis Fallacy

Do you have a link to that post? My interpretation is to be cautious around key resistance levels (walled cities). Not to have too many troops in the market at that point and not to launch any attacks against it. These are good points to unwind.

Technical Analysis Fallacy

Hi jest Just to clear this up, nothing important was discussed. I don't know who fti is and I'm not sure it really matters. If fti ever has the desire to tell me or anyone, then that's up to him and his decision. As for his absence, it is a little ...

Technical Analysis Fallacy