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Technical Analysis Fallacy

behaviour of price movement — i believe that price cannot ever be predicted, but the behavior can. such is the unpredictable predictability of price image image i didn't mark all ABC on the charts but you get the idea of what i mean ...

My Observations of the Forex Market

okay will do. since its a work in progress and hypothesis, i will open a thread and will post the link. yeah mamood, hahahahaha after being tired, my eyes watery and my hands hurting from writing, i came to the same conclusion. dont argue with the ...

Technical Analysis Fallacy

i have been making OBSERVATIONS, in my quest to UNDERSTAND the market. which i have shared with mamood, and had a brief conversation with Dongsky. see my brain needs to first understand what terrain i'm stepping in, in order to know when its not ...

Technical Analysis Fallacy

adam smith

Technical Analysis Fallacy

the six majors

If you had to trade only six pairs what would they be?

The USD is the reserve currency so all 6 majors are measured against it the only OFFICIAL pair (not simply a cross) USD/X VS USD/Y = X/Y is the EUR/JPY. EUR/JPY is measured independently from the USD. all other currencies not involving USD are ...

Currency Index Correlations

because they are all measured against the USD. the 6 majors are all vs the USD the crosses are USD/X VS USD/Y = X/Y the only official quoted currency not measured vs the USD is the eur/jpy

Currency Index Correlations

moving average is exactly that the average price over a certain period of time. what price do you want to measure, the daily average? hourly average?

Best Moving Average for 5Min Chart?

FTI and ZORAN suggested good books on these at the beginning of the thread i think page 3-4 im not sure. but learn what makes the candle look that way, and how candles are form, understand the candles not the patterns there was a research done im ...

Technical Analysis Fallacy

i disagree but to each his own there really is no currency but the USD its obvious they all dance to the tune of the USD, if dollar strengthens, the aud gbp and eur will all fall, direction is all the same .............unless there is something ...

Technical Analysis Fallacy

Mamood now he is pretty good lol im still in training and playing with different ideas i toy with correlations as well split my army in different currencies all according to analysis and depending on the USD movement. and if in trouble i ...

Technical Analysis Fallacy

you might be right niels maybe in my head im thinking im paying too much lol but to me going fibo in to close together, its just slower, and a retrace takes out all my positions. but mamood you might shed better light, you are trader i look up to

Technical Analysis Fallacy

yeah that is something i have been thinking about i guess with me personally. it depends on my target time frame ( not time frame as in candle time frame) but how long am i staying in the market, if i attempt to position for the daily trend, or just ...

Technical Analysis Fallacy

not really, suppose you call that momentum, net pips its travel divided by the hours its taken it to travel it. sometimes my eyes or brain WANT to see things that are not there, so thats when math comes in handy. i want to find the force behind the ...

Technical Analysis Fallacy

as i said before commodity price, fundamental news, oil, then check USDX the 6 majors, analyse the daily (seems like we are in 5 stage of elliot, however one must not asume but be careful, instead of buying dips as before, im selling rallies) look ...

Technical Analysis Fallacy

always with the mindset that PRICE IS NOT UNPREDICTABLE. however i will post charts of my M.O and maybe others can do the same and see if how we differ. ( i have respect for FANA and MAMOOD, fast swift snipers) i calculate ATR and current TR to ...

Technical Analysis Fallacy

FTI likes the 3 k, as they're the most liquid pair. i usually look at the 6 majors, GBP EUR AUD, JPY CAD , CHF i like to take a look at the USDX as well (although its euro based, it gives avery good read of USD direction) as per the art of war, i ...

Technical Analysis Fallacy

how can we apply this to the market? the market is keenest at London/ US session, then winds down, asian session moves slow hour minds are keenest at first and the fatigue sets in so reduce daylight exposure and take a rest then return? ...

Technical Analysis Fallacy