the whole theory about stops, is in case of being wrong it protects your account right? but if you manage your trades from start to finish, and you manage your risk as you go. why the stop? if you learn to trade and observe price behavior and you ...

Real Fx traders do not use stoploss

depends on the style i would say. im a worshiper of that certain thread. the best thing that ever happened to me. you really have to read and learn to understand. it is wise to learn and adapt, i used stop losses before, didnt work for me. i watch ...

Real Fx traders do not use stoploss

im talking too much lol but one more thing............. in my opinion, if we havent gotten the mindset right, and we havent gotten the feel of the dance. its ludicrous to think that we can move on to rescues and attacks. we are pointing a gun at our ...

Technical Analysis Fallacy

another thing FP i think you were having problems with Rescues and stuff. see the way im doing it is calculating my threshold of pain (and my capabilities) i have a small account to play with, i dont want demo, i want to lose real money. it feels ...

Technical Analysis Fallacy

i know some people here think i think to complex lol but that is the way things make sense to me. candles/ bars are only measuring tools, in reality price doesnt work that way. price is a continuous flow of buy/sell orders, but for example 5 minute ...

Technical Analysis Fallacy

im just a beginner but this is what i have been doing today with the euro ok, the daily is for direction correct, to make sure we are not trading in the wrong direction. however the daily is not the most important, an organism is built from the ...

Technical Analysis Fallacy

i would disagree, mechanical strategies will get you bad results learn to trade. i can recommend some post to read look up crusial point, he has a great post,(might be in the trash but you could still read it) FTI this guy is great, really learn his ...

Where do I go to back test strategies?

thanx, ill keep that in mind FTI can correct me on this but i dont think he meant all technical analysis is bad, i MUST have a naked chart. i think he meant the way people use it to dictate their decision is erroneous. i use it in a way that makes ...

Technical Analysis Fallacy

i suppose it depends on the style of trading, robotic is not good. if robotic was good, EA's would be king, robotic approach a changing market, is bad rigidity kills, it killed off many species, and kills off traders. patterns mutate as data stream ...

EURUSD

image to the left is the hourly chart (my brain works in terms of hours) to the right is the 5 minute ( i dont use the 15 minute, if i count 3, 5 minute candles thats the 15 minute) the blue area is the daily highs, the red is the daily lows the ...

Technical Analysis Fallacy

i dont know if my answer will be good for you, but this is what works for me so far. i keep in mind the daily TR, to read volatility, usually my charts are set up for me to see the daily candle as it unfolds. the open price of the day for reference ...

Technical Analysis Fallacy

i will tame the ego sir. just exciting, but i am aware that the market can chew me up and spit me out in no time if i get to comfortable (abc pattern is not really anything rigid is just my observation tool, acceleration, loss of momentum, ...

Technical Analysis Fallacy

hi FTI, i've been studying the thread and taking notes still. right now im practicing on feeling the dance, and my abc pattern is working great , my scout is impecable, always in the green, no trade needs rescue so far. however im still not able ...

Technical Analysis Fallacy

stop losses are bad, if you need a stop loss, you are not watching your trade properly

What do you absolutely know about the Market?

my last reply to u. mr NFL i pitty u. maybe in person we should have this conversation.

The Random Entry

euro short time and date of your chosing

The Random Entry

i think you would do this place a favor. and as far as intellect lol you claim to have superior intellect. yet you live your life trolling, you are the one that lacks knowledge, logic, and courage. the worst fool is the one that cant see his own ...

The Random Entry

jet trader, you honestly need to go have a life. you are pathetic, go into peoples thread to argue, and debate, disect statements. hahahahahaha you are a sad little man, i bet in real person you ballz are little.

The Random Entry

i would discourage that. drawing lines in your charts attempting to predict price is dangerous. moving avareages are lagging in nature, they wont be able to tell you anything, you cant already see as far as price movement. crossing of the averages ...

I have a question. I'm a newbie

nice post, but no matter how many time is said over and over again. new traders will always do the same, even me lol. the holy grail is : make your analysis and continue to analyse price, never predict. trade in the direction of price and wait ...

Lessons Learned Thread