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Technical Analysis Fallacy

  • #17,841
  • Aug 3, 2010 11:25am Aug 3, 2010 11:25am
Quoting jest1081
hi all,

been a long time coming. my dad has finally lost his battle against cancer. I will humby accept & appreciate prayers from all and may god bless his soul. amen.

anyway, hope all of you have been well and cheers.

keep it simple all. i will be back in limbo soon, i hope.

regards
jest
My prayers are with you and your family. May he rest in peace.
  • #17,842
  • Aug 3, 2010 3:02pm Aug 3, 2010 3:02pm
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  • #17,843
  • Aug 3, 2010 6:34pm Aug 3, 2010 6:34pm
THis is one hell of a crazy asian session....


V
  • #17,844
  • Aug 3, 2010 6:42pm Aug 3, 2010 6:42pm
thank you everyone.

Ones departure also opens a path for new beginings for those who are still alive, a path made for emulating those that leaves an impact to our lives.

im sure he's in a good place, a place where he always yearns to be (so he said). He (my dad) is a very spiritual person, a few words he mentioned that i will never forget, "this body of mine is always hindering me from reaching my eternal love, nevertheless its a test i have to endure, my heart yearns for his grace."

every fathers leave something for their son and for me its the lesson in love. "you see one in all and all in one, we are all but the same, love everyone, coz every action is all but HIS doing, even the devil is his pawn. remember this, son."

mytbo, im sorry for your loss, my prayers to your mentor.
  • #17,845
  • Aug 4, 2010 2:45am Aug 4, 2010 2:45am
Quoting jest1081
thank you everyone.

Ones departure also opens a path for new beginings for those who are still alive, a path made for emulating those that leaves an impact to our lives.

im sure he's in a good place, a place where he always yearns to be (so he said). He (my dad) is a very spiritual person, a few words he mentioned that i will never forget, "this body of mine is always hindering me from reaching my eternal love, nevertheless its a test i have to endure, my heart yearns for his grace."

every fathers leave something for their son and for...
Very nice words there from your father jest. All the best.
  • #17,846
  • Edited 3:38am Aug 4, 2010 2:48am | Edited 3:38am
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  • #17,847
  • Aug 4, 2010 3:48am Aug 4, 2010 3:48am
Hello all,
Just wondered if anyone could try my method and let me know what the long term downside/risks may be.As i am fairly new to forex.Especially if fti could give me some feedback.
Ok my reasons for trying this
1)After a lot of research on all the tecnicals the trend seem to be the main thing successful people use.
2) Warren buffet said "Buy when others are selling,and sell when others are buying"
Ok so the market only goes up and down.
Am on the eur/usd and the daily/hourly trend is up.when i zoom right out,So I decide longs are were i take profit,and shorts are were i build position, nice cause when its going down and the big boys spike the price down Iam getting more cheaper currency,More profit when it goes up.
first position as it starts to move down is as small as posssible then say ever 5/ 10 pips add small if you feel its going to move up add some extra to get average closer,be in profit quicker.you have to work out the adding too and taking profit to maximise profits . but up too now i not had a loser.
Please fti if you and the more experienced can share your comments i would appreciate it . The reason i take profit on the long is purely because of the historical trend. So keep an eye on the lows of the historical trend for sign the trend is changing.and look for news and analysis saying trend may change. then i would reverse an take profit on shorts.
You may think i am daft as a brush but it seems to work at least for now lol. Hope some of you try it and it makes us money.It can take hours to make pips but its better than i was doing.
making green pips large and red pips small this is my goal.
  • #17,848
  • Aug 4, 2010 3:57am Aug 4, 2010 3:57am
Just a little other thing i have been doing going back looking at what the average move up leg and move down legs are on the eur/usd when price is getting to this average add little more to get my price average closer to me for profit taking
making green pips large and red pips small this is my goal.
  • #17,849
  • Aug 4, 2010 4:52am Aug 4, 2010 4:52am
Time to move.

http://www.financialsense.com/print/...hreatens-forex
  • #17,850
  • Aug 4, 2010 5:36am Aug 4, 2010 5:36am
Quoting auxesis
Time to move.

http://www.financialsense.com/print/...hreatens-forex
Hm, that's some populist act, isn't it.
The only results will be to have all US brokers move to Europe and Asia for good, nothing more. They can't stop idiots from gambling, that's for sure.
  • #17,851
  • Edited Aug 5, 2010 11:49am Aug 4, 2010 12:06pm | Edited Aug 5, 2010 11:49am
Quoting auxesis
Time to move.

http://www.financialsense.com/print/...hreatens-forex


Just tried squeeze 50 mio from hedge funds. Nearlt sent the usd to sfrica.
Now this. OMG , these most interesting times.

The peoples republic of us.
accreditation slavery ? I am lost for ideas.
must think, THINK, THINK, THINK.
What is the real message?

I am failed? I am failure? What's the real message?
If you want to trade you must be rich?
Don't trade unless you are wealthy?
You cannot trade to make money?
Trading is not business?
Forex is illegal?
International trading is illegal?
don't trade unless you are a wealthy businessman?
Some people can trade , some people cannot?
If you make money trading , please pay a fine, help pay for the deficit?



I think i better go sleep.
This is wasting precious time.

Oh 1 more thing.
Italian politics coming into the pic soon. Big bang, "back to the mattress"
There's a pebble in my shoe.
suddenly my chin's itchy too. kapish?
Buy usd dangerous, buy euro dangerous.
what's next strategy?
ai ya need sleep first.

My lullaby tonight.
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Time to say ..........
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  • #17,852
  • Aug 4, 2010 12:17pm Aug 4, 2010 12:17pm
Quote:
Originally Posted by paul1 http://cdn.forexfactory.com/images/buttons/viewpost.gif
does this affect us as traders
http://www.financialsense.com/print/...hreatens-forex

It will have no effect on us as traders. That article floating around the web is not correct in what it implies as the law does not apply to registered firms. As long as we remain registered with an approved Federal regulatory agency (i.e. the NFA), that section of the Bill does not apply to us. I had this confirmed by our legal department. (No, the government isn’t just going to pass a law that shuts down an entire market.) What they are looking to do is shut down unregulated trading where transactions can be harmful to someone or used as money laundering.
__________________
Justin LeBlang | MB Trading
Follow Us on Twitter @mbtrading
ref:http://www.financialsense.com/print/...hreatens-forex
making green pips large and red pips small this is my goal.
  • #17,853
  • Aug 4, 2010 12:51pm Aug 4, 2010 12:51pm
ok clean chart lol
wonder how you see were the price is.
one thing price has to hit one of them lines soon.




http://cdn.forexfactory.com/attachme...1&d=1280777340
making green pips large and red pips small this is my goal.
  • #17,854
  • Aug 4, 2010 2:09pm Aug 4, 2010 2:09pm
Quoting fti

..........((cable/chf/yen)).........
usd ..((........................)).Euro ...........very synthetics

A butterfly?

You think they are all hedging with spread bets? maybe a little chart to bring some light?

Cable chf yen usd euro? what happened to the romance of 3 kinds? has it morphed for a total of 5?
  • #17,855
  • Aug 4, 2010 2:28pm Aug 4, 2010 2:28pm
Quoting paul1
ok clean chart lol
wonder how you see were the price is.
one thing price has to hit one of them lines soon.




http://cdn.forexfactory.com/attachme...1&d=1280777340
for you

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  • #17,856
  • Edited 3:32pm Aug 4, 2010 2:38pm | Edited 3:32pm
Quoting daytek
A butterfly?

You think they are all hedging with spread bets? maybe a little chart to bring some light?

Cable chf yen usd euro? what happened to the romance of 3 kinds? has it morphed for a total of 5?
to manage monsters requires grace. can understand?
s/b (s/b,b/s) b/s.
This is dangerous stuff.Only for very experienced engineers.
the vectors are 3 dimensional.

regards

beats Gro? super reflexes.

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  • #17,857
  • Aug 4, 2010 2:41pm Aug 4, 2010 2:41pm
for all

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  • #17,858
  • Edited 7:07pm Aug 4, 2010 5:25pm | Edited 7:07pm
Quoting Gro
for all

http://www.youtube.com/watch?v=ukeRe0cyyv8


In meanwhile just in case...a kid living with parent

http://www.smh.com.au/nsw/the-curren...804-11d3b.html
  • #17,859
  • Aug 4, 2010 10:25pm Aug 4, 2010 10:25pm
Quoting jest1081
hi all,
been a long time coming. my dad has finally lost his battle against cancer....
Hello jest,
what kind of cancer?
i pray for inner peace & strength for you & your family.

Quoting fti
...
If you want to trade you must be rich?
Don't trade unless you are wealthy?
You cannot trade to make money? ...
Some people can trade , some people cannot?
If you make money trading , please pay a fine, help pay for the deficit?
...
good points, Sir.
let's see ....
  • #17,860
  • Aug 4, 2010 10:32pm Aug 4, 2010 10:32pm
Quoting indianguyinny24


In meanwhile just in case...a kid living with parent

http://www.smh.com.au/nsw/the-curren...804-11d3b.html


"If you're thinking of investing with someone, check if they're appropriately licensed and registered."

indianguyinny24, I think those licensed? they 'll probably lose more.
If you can't cook, stay out of the kitchen.
That's the only way.
Depend on someone else make money for you?
Ya, the sucker who will do it hasn't been born yet.
If they do it for you. Its because they have insufficient capital yet.

Those say they have skills , and not have the cap.
That cannot be, no possibility. Probably a con.

regards
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