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Technical Analysis Fallacy

  • #20,421
  • Nov 22, 2010 10:50am Nov 22, 2010 10:50am
Quoting MaMood
Hi Gro,

yeah - very interested to discuss some things you.
But maybe we should do it in a more private context,
or do you think it is of interest for all TAF'ies?

CU,
Niels
:nerd:
  • #20,422
  • Edited 11:29am Nov 22, 2010 11:14am | Edited 11:29am
Just for info:

.
Attached Image
  • #20,423
  • Edited 12:08pm Nov 22, 2010 11:46am | Edited 12:08pm
Quoting piccolo
hi lilpop,

do your posts make any sense to you?

i mean i can't understand what you mean by pointing out potential support/resistance areas..

regards,
the posts hopefully were meant to be helpful, (a heads up so to speak) as ive seen many times ones trading against the trend, or not having a feel for where were at.

example last week posts
for a couple weeks e/u was heading south and looking at the daily, weekly, quarterly chart, I posted a heads up 3495 so as to watch how she responds.
So if one was able to do so, good.
Today, monday 3780-93 area we would want to scale back on attacks so as not get crossed up as you would be rescuing beyond 160-200 pips as we are now 3580 area.
On the other hand we could be in good shape if one was able to catch the heads up and head south.

Also, I am just giving you what my eyes are seeing as we try to stay up with the girls.
I can use what others are seeing also.
  • #20,424
  • Nov 22, 2010 12:01pm Nov 22, 2010 12:01pm
Quoting lilpip
the posts hopefully were meant to be helpful, (a heads up so to speak) as ive seen many times ones trading against the trend, or not having a feel for where were at.

example last week posts
for a couple weeks e/u was heading south and looking at the daily, weekly, quarterly chart, I posted a heads up 3495 so as to watch how she responds.
So if one was able to do so, good.
Today, monday 3780-93 area we would want to scale back on attacks so as not get crossed up as you would be rescuing beyond...
Last week, I and MaMood with discussing the topic.We gave re-reading fti posts.
  • #20,425
  • Edited 6:17pm Nov 22, 2010 12:10pm | Edited 6:17pm
Quoting Gro
Last week, I and MaMood with discussing the topic.We gave re-reading fti posts.
I know fti got on my butt looking at longer time frames but maybe its because of my inexperience that I need to do so.

As it stands now I still consider the higher timeframe as a stronger trend vs.smaller trend.

I know he expressed we can handle a swing like today if the mm is right
  • #20,426
  • Nov 22, 2010 12:31pm Nov 22, 2010 12:31pm
Quoting MaMood
Hey Vick,

welcome back!
Wish you a good start on the dancing floor!

Cu,
Niels

BTW:
Was thinking about making a movie based on fti's chat-logs with Leighsww.
Want replay the M5 chart on the screen and display his chat in sync with it.
Should not be to difficult.

Only question I have: Has anyone of you some experience with some screen capturing tools?

Thx!
Exist of free utilities for screen capture and save to AVI format etc.Think to make a video with subtitles?I'm afraid of the synchronization
  • #20,427
  • Nov 22, 2010 12:32pm Nov 22, 2010 12:32pm
Hi Friends,

seeit has put it very right and to the point:

Three kindoms is used while you are dancing in the now. It is the " in the moment Usd money flow" When the dollar is weaking or strengthing againt one of the other majors...you can see if the move has confirmation with the other major pairs. If it does, it usually confirms it is a trend move . If the move is not confirmed in the other pairs...wait for correct timing etc.

[...]

Original posting here:
http://www.forexfactory.com/showpost...postcount=5826

And fti's confirmation here:
http://www.forexfactory.com/showpost...postcount=5833

Cu,
MaMood
  • #20,428
  • Nov 22, 2010 12:33pm Nov 22, 2010 12:33pm
Quoting Gro
Exist of free utilities for screen capture and save to AVI format etc.Think to make a video with subtitles?I'm afraid of the synchronization

Yeah - something like subtitles. Good idea!
Thanx Gro.
  • #20,429
  • Edited 12:48pm Nov 22, 2010 12:38pm | Edited 12:48pm
Quoting lilpip
I know fti got on my butt looking at longer time frames but maybe its because of my inexperience that I need to do so.

I know he expressed we can handle a swing like today if the mm is right
I mean this :nerd::

fti
"Hi All,
many request for me to comment on your rigidities.
I am sorry, there is much mis-communications.

When Have i ever presented to cut after 100 pips and the likes.
You want to be rigid , then its your choice.

I said dance the rhytym, then apply appropriate MM.

Some of you are so engrossed with levels , I can't see How you can dance.

And also David is so worried about levels that he can't dance.

Look I took profits of my Eur yesterday at 1.4855
then I went short Eur again after that at 1.4830.
So am I stupid or what?
Later I appied attack seq at 14810/15 zone.
Guess where I took profits.

Why you people so rigid?
I tell you why, you people have little conidence of you ability to dance.
It is that which you need to focus, not the MM. The MM is only a tool to help yourposition average. You dance bad, and you average to the poor house."

PS I forget the link, sorry
http://www.forexfactory.com/showpost...postcount=5312
  • #20,430
  • Nov 22, 2010 12:55pm Nov 22, 2010 12:55pm
Quoting MaMood
Yeah - something like subtitles. Good idea!
Thanx Gro.
I have no experience with capture screen but some programs "PicPick", "Free screen to video", "Screenshot Captor" etc.
  • #20,431
  • Nov 22, 2010 1:17pm Nov 22, 2010 1:17pm
Quoting MaMood
Hey Vick,

welcome back!
Wish you a good start on the dancing floor!

Cu,
Niels

BTW:
Was thinking about making a movie based on fti's chat-logs with Leighsww.
Want replay the M5 chart on the screen and display his chat in sync with it.
Should not be to difficult.

Only question I have: Has anyone of you some experience with some screen capturing tools?

Thx!
i've been using camstudio niels... and it's free for personal use...


http://camstudio.org/
Success consists of going from failure to failure without loss of enthusiam
  • #20,432
  • Edited Nov 23, 2010 2:37am Nov 22, 2010 2:40pm | Edited Nov 23, 2010 2:37am
very instructive for me ... nice rhytmus

Inserted Video
  • #20,433
  • Edited 9:06pm Nov 22, 2010 5:28pm | Edited 9:06pm
Rode a nice move from 1.36120 till 1.3570 ......


hows everyone else doing.....

S 1 x 1.3575

S 1 x 1.3570


Rescue

s 2 X 1.3585

square on BE...not liking the PA...
  • #20,434
  • Nov 22, 2010 5:49pm Nov 22, 2010 5:49pm
Quoting MaMood
Hey Vick,

welcome back!
Wish you a good start on the dancing floor!

Cu,
Niels

BTW:
Was thinking about making a movie based on fti's chat-logs with Leighsww.
Want replay the M5 chart on the screen and display his chat in sync with it.
Should not be to difficult.

Only question I have: Has anyone of you some experience with some screen capturing tools?

Thx!
Welcome Back V

Love to dance with u shortly

Niels when is blockbuster release of Wall Street 3 - Dancing with Bulls & Bears

Two thumbs up!!! Thanks in advance.

For goodness sake guys please stop digging up all these gems from Fti... I am still re-reading page 200 and there are some many valuable info there to dance profitably now with this think we go all for the talent shows " You think u can dance"

Jokes asides... Special shoutout to Gro, Niels, lilpip, Dongsky for keeping the thread alive it coming

As we are approaching the 3 yrs anniversary of the thread, I would like to extend my sincere gratitude to Fti who i have never met but hope to someone (since i'm from the land of Fti too) for his valuable trading knowledges as well as his life parables/teachings. Hope all is well my dear mentor/teacher/coach

Pip well my fellow Fti-ers
Philip
"Thinking Heart & Feeling Brain"
  • #20,435
  • Nov 22, 2010 6:10pm Nov 22, 2010 6:10pm
Quoting piccolo
hi lilpop,

do your posts make any sense to you?

i mean i can't understand what you mean by pointing out potential support/resistance areas..

regards,
not to beat a dead horse but if there is a question on a post feel free to ask, at least you will know what a 2nd pair of eyes are interpating.
  • #20,436
  • Edited 9:07pm Nov 22, 2010 8:24pm | Edited 9:07pm
Thanks Sylar ,


Why is volatility low...is something missing...

EDIT: Check the calendar...damn JPY is off..

After two months i came out BE...made no money lol....
  • #20,437
  • Edited 11:20pm Nov 22, 2010 11:07pm | Edited 11:20pm
Quoting MaMood
Hey Vick,

welcome back!
Wish you a good start on the dancing floor!

Cu,
Niels

BTW:
Was thinking about making a movie based on fti's chat-logs with Leighsww.
Want replay the M5 chart on the screen and display his chat in sync with it.
Should not be to difficult.

Only question I have: Has anyone of you some experience with some screen capturing tools?

Thx!
Jing, freeware that I have been using..
http://download.cnet.com/Jing/3000-1...-10744274.html
  • #20,438
  • Nov 22, 2010 11:37pm Nov 22, 2010 11:37pm
Good morning friends!

Thanx for all your tool advices - really great.
Will check them out and start the production of "Wall Street FX - The art of Dance"



Have to start morning preparartion now.

Cu,
MaMood
  • #20,439
  • Nov 23, 2010 12:06am Nov 23, 2010 12:06am
Quoting MaMood
Good morning friends!

Thanx for all your tool advices - really great.
Will check them out and start the production of "Wall Street FX - The art of Dance"



Have to start morning preparartion now.

Cu,
MaMood
To re-live the hand holding sessions has been on my To-Do list as well.
  • #20,440
  • Nov 23, 2010 12:16am Nov 23, 2010 12:16am
In case you are trading the yen:
http://www.reuters.com/article/idUSTRE6AM0YS20101123
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