money is made with attacks. not all trades need to be rescued. then there are rescues, too. if you are in frequent rescues then your capability to read price is not good. i also was in the same situation, but define what are rescues for you.

Technical Analysis Fallacy

Dear Phil, Things are sort of OK OK with me. The marking itself makes me think that trading is so easy. Thanks my friend for the reply.

MY Journal-phil13

image dear phil, how are you? MPS means ...

MY Journal-phil13

taking this opportunity to thank you chief. will delete this post if anyone says not appropriate, please. @others, how to sell at the highest possible price. image the big picture image

Technical Analysis Fallacy

thanks my dear friend yeap, the famous one.

Technical Analysis Fallacy

this is the second time, i am seeing chief post this, but not seen any good reply. may be his brightest disciples can make an attempt. i am one of the oldest because i still remember the 1st post of the forum when it was freshly posted. the ...

Technical Analysis Fallacy

won't dare to disturb you chief. @others, what are sub journals

Technical Analysis Fallacy

hi Fred-IV, please don't mistake me. master FTI style is to be in the NOW moment. it will be unlike him to get into the prediction. even if he as some prediction, he would toss everything when he trades. i want to hit 2 mangoes with 1 stone and ...

Technical Analysis Fallacy

always learning new things from your words chief. i thought the article that you pointed to me is a 10 minutes read. then i need to bang my head on the wall to get rid of my ego because you said 8 months to study to master. jupiter once pointed to ...

Technical Analysis Fallacy

wow. hindu godess of wealth is called lakshmi (or lakshmi). i dont know whether lakme is actually a modern name of that. it is actually a brand name selling cosmetics and beauty products in india.

Technical Analysis Fallacy

the tricky part is i dont have the choice to attack always because i dont know where the market is heading. also i realise now that i need to rescue all trades.

Journal of a Struggling Trader like You - I am pannet1

hi antmindset, you are more than welcome to post here. our minds are hard. the more you trade the more hard it becomes. maintaining a child like learning mindset is very difficult.

Journal of a Struggling Trader like You - I am pannet1

hi phil, i tried to find a very passive way of trading on the daily chart. the MO changes depending on where we are from our sigma (or Average Price). Below are the results. image when we are buying and its trending, we seem to do well. (MO normal ...

Journal of a Struggling Trader like You - I am pannet1

yes, master. most would comfortably close the eyes and pretend the world is fine. salute to her.

Technical Analysis Fallacy

i am sorry my friend, i did not mean to say that you have not made yourself clear. i am just trying to get more insights because of the complexity of the market. i see that you don't want me get into any form of rigidity.

Journal of a Struggling Trader like You - I am pannet1

it just occurred to me that chief says not have a bias from the higher time frame because we will have a tendency to be on the wrong side when the reversal happens. however, even for intraday day trading, it is important to see the bigger picture on ...

Journal of a Struggling Trader like You - I am pannet1

hi ker, it is pure price action IMHO. all other things are frills. this can be thought as structural pivot trading system. one can simplify it for example, 1) london time only trading 2) intraday trading only 3) big stops could be position sized 4) ...

ST Patterns

Dearest Phil, my jaw literally dropped after seeing the beautiful edits you posted. BIG TAKEAWAY: thanks for showing at my face that MA (indicator) is lagging. should i buy on the green arrows and sell on the red arrows. is that one purpose of ...

Journal of a Struggling Trader like You - I am pannet1

thanks for the warning, Phil. your experience with stock may not be good but that could be sometime in the past. i think now you can play it totally well in stocks with your present FOREX experience. In forex, with lesser account size, one needs to ...

Journal of a Struggling Trader like You - I am pannet1

sure my friend. just suppose today morning (+17.50 GMT) when i look at the charts and find Canadian got beaten down by USD the previous session. so in the 1 Hour USD is strong and i expect CRUDE to go down, but on the minor time frame in which i am ...

Journal of a Struggling Trader like You - I am pannet1