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If you were looking I had little disagreement on that FX thread with PPC where he pointed out my mistakes on my chart as he saw them. He saw a red-light. “No professional trader would go long on that fourth trade on that chart in FX thread.” That was basically what he said. However, I saw a...

Yes, that is correcto. In a downtrend I would be adding to my losing short positions certainly not going long. In such a scenario you could say I was averaging down in a downtrend, but the key is I am doing it in the right context. CONTEXT IS WAY MORE IMPORTANT THAN ANY SINGLE TRADE SETUP! But...

I maintain a high win rate. I grab what the market gives me. I take my win. I enjoy it with my emotions! My mind is at ease! When I properly read PA I pat myself on the back. It bolster my feelings, my confidence, and my ego. BUT see the market knowsbnothing about my thoughts and feelings. So, I...

Here is a trade I took a few minutes ago I thing might illustrate some of the things just mentioned in my last posts. Why would I average down? Just look at who is winning here. The bulls are! It is not shown on the first chart below but the market had been in a bull channel on this first 5m...

I am back. For a bit at least. I want to say something about ego, emotions, and thoughts and the psychology of them as they relate to trading. I here people say “you must lose your Ego,” “stay humble” “control your thoughts” trade without emotions..be like a machine” First off, the market...

Surely y'all remember who said: There are three kind of lies: Lies, damned lies, and statistics.

What is your rationale for saying this?

Yeah you are right. But I needed to take this on. I needed to stand up this time. Maybe next time I won't take the bait and just ignore.

Sounds good to me. Adios. I never wanted the conversation anyway but I was, you might say, a bit compelled to sort of explain things after you were so disparaging of my PA reading. Then I ended up being right and you ended up being wrong. BTW me thinks you missed the green light metaphorically...

It is ridiculous to say we as traders are not trying to figure out (by whatever means..TA..PA..other some other strange methods) what price will likely do next. Of course we are trying to “predict” right or wrong. At least predict right enough of times to make some $$$. Furthermore, is makes no...

Lol you are a bit hilarious. And not nice. What a terrible comment to say to hawaiianiceberg. Is that indicative of good character? Especially, after he just asked a simple question which apparently set you off. IMO you don’t need to be dishing out talk about Ego. Understand, being right or...

Well I guess my flawed logic worked out pretty good on that chart. The three trades I actually took on my platform and so indicated by the platform worked just fine and were profitable scalps and the 4th trade (which I didn’t take) but which YOU said was a bad call actually would have worked out...

I forgot to label the MTR. It is HL MTR (higher low major trend reversal) because the test did not get down to the low of the original trend before the reversal of 3 legs began. Sometimes you get a lower low major trend reversal. Some the test reaches the low, almost tick for tick and then...

fX has PA too! Lol

FedEx have rolled out into space and left earth? You seem quite unhappy with things and people.

Don't read my nonsense. No problem.

I get a certain satisfaction from helping others. But it is a lot of work.

Are you saying they are trying to reduce the pop of the world? I heard folks say that before. Things that are happening are weird.

Well, my granddaughter isn't black nor her unit entirely composed of blacks. So now what?

Ok here is the same trade on an intraday session chart. You can see the previous days close. Then today opened gap down (big blue bar I have drawn in). This represents what happened in the overnight session. It simply traded down. It is helpful to see this as ONE BIG bear bar so I drew that in...