Got it, and taking these words into my heart. So, there is context! Shifu has some temper. Please accept my applogies if anything I said annoyed you. I am still learning and refining, especially fighting some bad ego element. Have a nice day. Many ...

Technical Analysis Fallacy

@zenseven, Lusan, Jest You advices are taken. Thanks. However, please read carefully. I didn't open positions after that shooting star. The shooting star was formed after I fininished scout and first attack. In this sense, I was right at least ...

Technical Analysis Fallacy

I did check the 1 hour reference. I know it was very dangerous. In fact, I reduced some rescue positions with small profits befor I went to sleep. And the averaged price increased from 9780 to 9810. The next day, due to weaker than expected data, ...

Technical Analysis Fallacy

Hi, Fti: Very glad to hear your comments. Thank you very much. The attached chart is 1 hour chart. I entered scout and added first attack positions as in yellow circle. I was according 5 min chart(5 min chart can't show as early as June 26) to ...

Technical Analysis Fallacy

Hi, Zoran, Northpro, lilpip, rapaduski: Thank you for your comments. My scout size is the same proportion of 0.5 standard lot for 10K. My position size was heavy because my attack troops were also trapped. This brought new question, how to attack? ...

Technical Analysis Fallacy

OK. To make it clear, if my account equity is USD10,000. my initial position is normally 1 standard lot (I trade only E/U and G/U by intraday). So, let's say if the market turned against me for 100 pips, the book loss is -10%. My maximum book loss ...

Technical Analysis Fallacy

How I lost 250% profit in several days — Dear fit, lilpip, Zenseven, Lusan, Zoran and other friends: Since June 6 to June June 25(the day FED announce rate decision), I was doing OK with my FXsol account, got about 250% profit. On June 25, I ...

Technical Analysis Fallacy

Hi, fti: A question. You bought E/U around @57770 today? A little of chasing? Why you didn't send scout @5720(from 20:55 to 21:00)? I reduced most short E/U positions around 5720, leaving the scout still in the battlefield (openned @5873 one week ...

Technical Analysis Fallacy

Thank you for your kind words and my appreciations to other friends' comments. You are a master, fti. I am not as good dancing as you, my shifu(sihfu). From June 9th to Jun 25th, about 13 days, I realized about 250% profit, but on 28th when G/U went ...

Technical Analysis Fallacy

hi, FTI: After several months experiment, I give up rescue operation. 1. It is too hard for me to rescue scout with more positions within 50 pips of pullback. And if rescue positions are trapped also, I am bitten more by the aligator(crockedile). 2. ...

Technical Analysis Fallacy

Agreed. I closed the E/U long positions with around 15 pips profit this afternoon. With rescue, the G/U short average positions cost is @9808. Hope G/U will have 100 pips pullback and I will get out depending on the situation. Thanks. Best Regards ...

Technical Analysis Fallacy

This picture is good. Is it on the Guiness record? BTW, all E/U short positions out @5655 on average. Some G/U short positions not closed out. Did some rescue operations. Still in trouble. David

Technical Analysis Fallacy

Well, a standard container is 40 feet long, 2 meters high and 2 meters wide. You want to open a cigarrete distribution center. By the way, I read real-time news that, there are some option linked e/u demand from 1.5630. (Three options today, 5600, ...

Technical Analysis Fallacy

Well, thank you for your kind words. When you are touching a stack of 100USD notes, well, it feels so good! (It is my first time of withdrawel after more than 2 years trading.) A container of cigarettes? My God. I shorted E/U and G/U today average ...

Technical Analysis Fallacy

Thanks for your reply. Light Marbolo can't be resisted. I think I am going to be a duplicate of you. It is nice to have healthy wealth, or wealthy health IMHO however. Yeseterday, due to my conservertiveness I closed my scout long E/U /G/U positions ...

Technical Analysis Fallacy

Hi, fit: Still keeping up without sleeping? I shorted E/U and G/U yesterday and made good return, however I closed my positions too early, missed about 50 pips profit. And I started to set up long positions by sending scout both in G/U and E/U but ...

Technical Analysis Fallacy

hi, fti: Very nice. I found out a lot of problems with rescue operation. I rather consider it as position re-entry. I used to save a position with -50 pips by making many 20 pips profit rescue. The problems are: 1. Some times, the pullback is weak ...

Technical Analysis Fallacy

Hi, fti: May I ask you a question? How do you set up scout position. Do you set up every day? Any consideration on trading direction of scout? How much is your book loss percentage if the scout has a 100 pips loss? Sorry, my question may sound ...

Technical Analysis Fallacy

Congratulations to you! You will be busy.

Technical Analysis Fallacy

Hi, Fti: "Tuesday that further interest rate cuts are unlikely because of concerns about inflation. Bernanke, however, suggested that leaving rates at their current levels should be sufficient to accomplish the Fed's twin goals of nurturing ...

Technical Analysis Fallacy