markets are never closed. they may be closed for you to trade but conditons and factors are operating 24/7.. so movement never stops! you just can not execute during sometimes so called holidays and weekends.

Broker is closed but market open

Watch this, you will be amazed video

Technical Analysis Fallacy

Nice take! if you clearly look at the daily charts for both E/U and GOLD. you can see a clear divergence . which gives us a warning not to got short here and to keep our eyes open. the correlation between USD and GOLD is an inverse one that can be ...

Technical Analysis Fallacy

man, Im not saying I will go short blindly. I'm just talking probabilities. which means I will favor shorting opportunities whenever the market manifest them. BTW, I learn't NOT to trust the market action for the next 2 seconds. Always be guarded my ...

Technical Analysis Fallacy

and here comes the use of technical analysis to time the trades.

Technical Analysis Fallacy

This is the start of usd bull move. it's the FED's typical action to step in during major bank bankruptcys. the overshooting and the good days has ended for the eur. the cycle has turned down, We have seen some indicators of a slowdown in the eur ...

Technical Analysis Fallacy

good day thou

Technical Analysis Fallacy

fti, I take my hat off to you. a one has to read your whole posts and sun tzu's art of war before coming to discuss with you. without doing this, a one can not know what's behind your words. so I see today's market action is so typical , nearly ...

Technical Analysis Fallacy

Are you all full timers? trading of the 5 min charts? It seems I missed alot of fti posts here. I will go back and look for fti's posts that yoiu mentioned. BTW I mean by losing streak, two or three consecutive losers.

Technical Analysis Fallacy

EDIT yea, that's why when traders ask experts about books to read, Honest experts just mention books about Physcology ( Self managment ) and money managment. it seems like I replied while you were rediting. you know sometimes I go through a losing ...

Technical Analysis Fallacy

yea, that's why when traders ask experts about books to read, Honest experts just mention books about Physcology ( Self managment ) and money managment.

Technical Analysis Fallacy

my favorites, Ulitimate trading guide , that you mentioned Robert Miner's Dynamic trading approach Bryce Gilmore Market Geometry Edward and Maggie TA of stock trends and to be honest, any technical method will make money IF applied in consistent and ...

Technical Analysis Fallacy

fti, while I agree with you on the trader's part of self improvement and constantly thinking and analysing the self. I have an objection on the notion that good traders don't write books. I believe if this is the case, we wouldn't have seen any ...

Technical Analysis Fallacy

what books you like to read? Generally , may not related to trading. Books, that can help in forming the philosophy u recommend. something other than sun tzu's art of war. Have you read the way of warrior trader by Richard McCall?

Technical Analysis Fallacy

No, it's not double tops or bottoms. it's a three bars pattern.

Technical Analysis Fallacy

you are right, Im not that educated when it comes to money managment and risk managment. I can't stand reading a book about any of them. it makes me fell asleep so heavy readings for me. last time was ryan jones book that took me ages to finish ...

Technical Analysis Fallacy

A ringed high is a high of a day with two lower highs on both sides of it and a ringed bottoms is a market low with two higher lower on both sides of it. simple technique to determine intermediate change in trends.

Technical Analysis Fallacy

A ringed high is a high with two lower higher on its both side and the opposite for ringed lows, daily low with higher lows on both sides of it. a very simple technique to signal an inetermediate change in trend.

Technical Analysis Fallacy

to be honest , not all of it. you know I always liked to visit your thread from time to time because it reminds me of something , that market stress sometimes makes me forget! I always like to be reminded of dancing the dance. trading in the now, ...

Technical Analysis Fallacy

I see continuation of trends in weekly charts. I wish I can hold my Eur shorts into the next week , but swaps are so expensive that the cost of opening new positions is a lot cheaper! Also , fti , don't you see ringed tops and bottoms everywhere in ...

Technical Analysis Fallacy