Just woke to a bit of action. I bet you've chalked up the pips.

Technical Analysis Fallacy

AUD is pretty closely correlated to EUR at the moment. AUD moving higher right now.

Technical Analysis Fallacy

So if DAX moving north and Dow south the bias is long EUR/USD.....Correct?

Technical Analysis Fallacy

No. Not at all. That's what I would have done regardless. Sometimes I take profits too early, sometimes not. The important thing is that I don't hang around too long anymore unless I can feel strong momentum.

Technical Analysis Fallacy

Yep! I'm out now with the rest of my pips.

Technical Analysis Fallacy

Made a few pips on the Long side of this. Remaining nimble for a possible reversal at 1.4047

Technical Analysis Fallacy

Check them out on the 5M chart.

Technical Analysis Fallacy

MaMood Thanks for this post. My attacks have been close to this concept but not quite as tidy so I'm looking forward to having a crack at this next week. Thanks very much for your generosity in sharing these things with us. I'm in GMT+10 TIMEZONE so ...

Technical Analysis Fallacy

Correlations between pairs — Hi Everyone For those who trade multiple pairs you may be interested in this: www.investopedia.com/articles/forex/05/051905.asp It outlines how you can set up your own 'spreadsheet' to give you an up to date ...

Technical Analysis Fallacy

For what its worth I wouldn't advocate trying to plough through the whole thread. Do you feel you have fully grasped the first 200 pages? If so then IMHO better to spend the time practicing on a demo or live with a small amount of capital only. ...

Technical Analysis Fallacy

Hi fullperson I have been trying to instigate fti's approach for the last 12 months so therefore I am not qualified to give any advice. However, since no one else has replied I will make a few comments. I do not know what time-frame you are trading ...

Technical Analysis Fallacy

I had a little crack at doing your 1 minute dance. Not as scary as I thought. Quite educational actually. Thanks for the info and your contributions to this thread. R

Technical Analysis Fallacy

Cheers Deusomega I appreciate your reply. Shall do a search as well.

Technical Analysis Fallacy

MaMood Firstly, thanks very much for your generosity in providing your blotter. Now that I am managing to get a better feel for the markets using fti's method I thought I might look a little closer into your MO. I can see the importance of checking ...

Technical Analysis Fallacy

Sadly, a dim flickering light in the continuing darkness and despair of prophesies, revelations, conspiracies and irrelevancies to the promotion of good trading.

Technical Analysis Fallacy

George Green — I don't find George Green scarey or the things he says scarey. It's the reaction his videos and so called revelations have on people that I find frightening. There's enough real scarey scenarios that this world needs to focus on ...

Technical Analysis Fallacy

Most helpful, auxesis. Thanks for your reply.

Technical Analysis Fallacy

Thanks to you too eraptheman. That all makes sense and is particularly relevant to this type of trading imho. I have found that feeling the dance relies very much on a keen awareness of the HH, HL, LH, LL formations and their ranging equivalents.

Technical Analysis Fallacy

Appreciate your input tubguy. Thanks. I do recall though, that there had been quite a study done in this area and that info on the study had been published.

Technical Analysis Fallacy

Hi Auxesis Quite a while back now I did some research in an effort to get info on 'hip and lop' studies. I can't clearly remember what the obstacle was but I know I came to a dead end. Do you know if there is a current or a past publication on this ...

Technical Analysis Fallacy