Here are two of fti's posts regarding hedging (from that thread). url url

Technical Analysis Fallacy

Everyone thinking about hedging, read this post by fti and follow the link to a thread by Merlin. It seems to be discussed there. As mentioned, mathematically they cancel each other out and the spread and negative carry put you at a disadvantage. ...

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David, when someone gives out their details and phone number, it normally gives that person permission to call. Also, when someone intends to be absent they normally announce it (as fti has in the past). I think the concern of some here about fti is ...

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I sent Leigh an email yesterday and I would just like to reassure everyone that her emails are just as long as her posts! Now this is a sign of an active and healthy mind. Seriously though, I am relaying this message that she is not leaving but ...

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Leigh, you are not leaving and that's final! : Now where's my whip?

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Hi Leigh Yes, I understood you wouldn't be snowballing, but I see it as an important tool not to leave out. As I have gone through my trading life, I have tried to come up with many different methods myself and after some thought I have come to ...

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The point I was trying to make about hedging the same pair is that it is not too dissimilar to what you are attempting to achieve. I have attempted both and my brain just couldn't cope, but as mentioned, women are supposedly multitasking so you ...

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luSan, I tend to avoid the news. It is too unpredictable and is the ideal time for market makers to manipulate price. I knew some traders who traded only the news, but they were more of the fundamental type and would spend all day reading reports. ...

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Hi Leigh, it sounds to me like your brain is working overtime with ideas. I understand what you mean but I would suggest trying it out on demo first, even for a day or two. I can see some problems with it and it is deviating from fti's teachings but ...

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Does anyone know whether fti waited for a candle to finish before entering? Also, when he referred to shadows, is anyone clear about what that means or the type of action it represents?

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His system is revealed in basic terms within this thread so please read it if you are interested. So what have you heard about him?

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As fti said, they tend to appear during certain market conditions. "they seem to appear to the mind when strong wave trend appears"

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leigh, agreed. I let EW come to me so I don't go looking for it. jest, I haven't traded EJ for quite some time. Lately I've only been trading DJIA and GBP/JPY. They tend to follow each other so I keep an eye on both. I still don't have a 3 kingdoms ...

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Regarding Elliott waves, please keep in mind that sometimes they are obvious but other times not. Please do not assume they always appear although when I trade, sometimes they are obvious but I don't sit down and count them. If I detect wave 5 (3rd ...

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David, if you ask me, I don't think there is a problem with the system and no need to change anything. I think luSan has come to that realisation. My sequence is very light, 1-1-2 but I still managed to lose many days worth of effort in one hit. The ...

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leigh, we are all in the same boat. As mentioned, there are many hidden treasures in this thread that we have not revealed or discussed and I also keep having little explosions in my head when something becomes clear. We can all work it out together ...

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Hi Leigh, I'll have to agree with jest. When I talk about skews I talk about sequence and not size. In that case, everyone can just adapt the size appropriate to them and that of their account. My rule of thumb is 1 lot requires an account of $100k, ...

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Lusan, when I need to do a rescue I go to higher timeframes and look for previous support/resistance levels and plan/time my rescue mission there based on action. I think the most we can get from Elliott for now is the wave structure and that the ...

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Leigh, yes, you are probably right. The end looked a little squeezed. Thank you very much for those posts! Lusan, on MT4 I cannot trade in such a way but as it is my preferred platform, I have contacted a programmer to assist with trying to get ...

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Lusan, fti deleted the post when he first attached that chart. He did repost the chart but I'm not sure he put the text back. I managed to save a copy of it before it was too late. Some things to keep in mind (from missing text). This is an attack ...

Technical Analysis Fallacy