Yes, this replaces another smaller one so I now have matching 24in widescreens with the resolution of 4 standard monitors. My plan is to get another dual video card and have 4 in total as they have come down in price quite significantly. I paid over ...

Technical Analysis Fallacy

Thanks for that leigh, you saved me the time looking for those nine charts. I have a new monitor dedicated to it now.

Technical Analysis Fallacy

Regarding the three kingdoms, whatever fti has mentioned about it is quite vague in my mind and I will have to review it again at some stage. However, I have nearly always had multiple charts in view. These include DOW, Crude and pairs of most ...

Technical Analysis Fallacy

luSan I think you are wise to stick with EUR/USD to begin with but it probably wouldn't hurt just to introduce a few other charts (USD/JPY and cable GBP/USD) at some stage. Not to trade but just to become familiar with them. Since I know Guppy/Geppy ...

Technical Analysis Fallacy

luSan I think having many charts in vision and checking relative action is the way of the three kingdoms. I have noticed that GJ and DOW tend to be in sync but to begin with, I believe we should be dancing with one partner only. fti may have ...

Technical Analysis Fallacy

True. I wouldn't advise anyone who is just starting out to follow this pair but I've been watching (and trading) it for about 9 months and I like the volatility. According to fti it is just a cross of GBP/USD x USD/JPY. I've just added an extra ...

Technical Analysis Fallacy

Another thing. The few times I've had to rescue the scout, I've only ever had to do it with another 1 entry. But rescue will be based on the skew and speed of the market. Once it stops bleeding the rescue team goes in with appropriate troops.

Technical Analysis Fallacy

luSan, I admire your motivation. You seem to be a person who just goes and does what is needed to get the end result. As such you are ahead in the game. I am still starting out so there is much experimenting to do. If I can get the right waves, I'm ...

Technical Analysis Fallacy

Watching naked charts is removing all blinders and allows one to connect the mind to the market. That is when we start to feel it. When you are looking at fibs and forks, you are introducing rigidity into the system. What are you expecting to happen ...

Technical Analysis Fallacy

I did consider longer timeframes at one point but I was obviously still blind at that time. So while I'm still on the motorway, the 5min seems to be the speed of the traffic. Our brains can process it fairly well so lets say we are doing 70mph. Go ...

Technical Analysis Fallacy

Hi auxesis I've known you for quite some time and have a reasonable understanding of your background. I'm sure you realise that you can't learn to ride a bike by reading a book. At some point we all have to get on, fall off and keep trying until we ...

Technical Analysis Fallacy

Hi bigblue I'm completely naked now. What is most important to me is feeling the market but I am still using some technical analysis visually (but nothing on the chart). As I was dancing today I could see at times the market was consolidating so I ...

Technical Analysis Fallacy

Thanks for the suggestion luSan. I danced with spirals today and netted a few hundred pips so I was quite pleased with it. I couldn't bring myself to going demo so I just went live with micro-lots instead. I've decided to stick with MT4. I know it's ...

Technical Analysis Fallacy

So I'm moving onto the next level and experimenting with spirals. Although I was dancing with my scout on my live account I'm not brave enough to do the same with spirals (attack/rescue sequence) so I'll be practicing on demo although I'll need to ...

Technical Analysis Fallacy

mijamoto, I have known you for a little while now and you have huge potential and lots of motivation so keep it up! It's good to see you on this thread!

Technical Analysis Fallacy

Hi fti, the easter break was nice - I went to Ireland (Dublin) with my family. We are back at home for a week and then off to Portugal (Lisbon) for another week so time to rest and enjoy life a little more. I'm glad I've jumped in now as it has ...

Technical Analysis Fallacy

Since my "dancing" post, I have had some PMs and replies on this thread that I would like to answer here. I would like to clear something up. My dancing was to feel the market and its pulse - that's what I was missing. I was not analysing the market ...

Technical Analysis Fallacy

Good to see this thread alive and well after a short break. I've been in threads that have reached 2000 or 3000 pages and people were asked to read the whole thing so I don't think it's too much to ask to read this one. It may come to a point where ...

Technical Analysis Fallacy

Thanks for the que fti. I'll try to keep it short. Just to give a little background, when I discovered this thread, which was at about page 2, I had been trading reasonably successfully over the past few months, however, over a matter of days I put ...

Technical Analysis Fallacy

Once clearly in profit, I would consider placing a stop at break even + 1. This will at least prevent the winning position turning around. Of course if it is placed in a bad position then it could be triggered but that is why I mentioned clearly in ...

Technical Analysis Fallacy