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Technical Analysis Fallacy

  • #59,281
  • Jul 19, 2019 12:12pm Jul 19, 2019 12:12pm
Quoting priceaction1
{quote} bit old this time. though 2 years ago, was pretty. I still remember.
Hahahaha
Ok best check your medication.
Sometimes have effects.
Hahahaha.
Anyway their work is to make sure you get your meds on time.
And that you're not sleeping with your poop.
Hahahahshahaha.
Try ask for higher dose oxygen.
Your outlook may improve.

Regards.
  • #59,282
  • Edited 3:40pm Jul 19, 2019 3:27pm | Edited 3:40pm
https://www.profit-loss.com/and-finally-542/

good read.. about incoming/changing market structure
Fall in love with the process, and the outcome takes care of itself.
  • #59,283
  • Edited 5:51pm Jul 19, 2019 5:26pm | Edited 5:51pm
Quoting RelaxRay
https://www.profit-loss.com/and-finally-542/ good read.. about incoming/changing market structure
Hi rr.
Thanks for the resd.
I see peeps begining to think macro positioning.
Dangerous thoughts.
Althought HFT is quiet dead these days from what i hearing. There will alwats be hialf heaven dealers trying capitslise on tickets. So arbitrage should still be norm.
But dealers are beginung wise up aboyt too much moving in range games. Big boys had never liked speed games. And from what i hearing. There lits more "mom please" tic toks before size prices are quoted.
Traditionally, big boys had little fear of timed scaling of posional hits. Sonetimes even across sector time zones if necessary to square out. But this breed has become. Rare due to arrival of HFT quants. These decade.
I think little will change interbank wise and the resposibility is off most dealers shoulders since cbs had changed mo thses days.

Whats intresting will be the new breed of digital currency exploits coming on stream.

If traders stay nimble to their training. Most should be able skin whatever the cats drags into the arena.

Thank you my frind for good info.
Will keep it behind mty head as we journey foward.
Change is a constsnt in forex.
New players in introducing digitak non kegal tender. Let see if they can actualky find their foot.
OTHERWISE would be nice have em for dinner. ... On our plates.



.
Regards.

I personally is watching russian and ccp closely.
They trying to create a trade currency for business. But they unwilling risk their legal tender lest it gets out of control and sinks their ship.
They not able class the usd yet. But it cooking the bullion markets. At mom the only contender for the usd race. But being a finite metal they still not want to give up the fiat paper game.
So..... The music continues.

Lots lip service. What do the new kids in town know.
They never had managed a classed trade currency before.
Would be good lessons for em have experience what a free market is. Is not a free trade zone. Zone thinkamagik. . Its different. It would be foolish for them think its same.

For the digital payment mode scavingers. Soon they will need learn true bsnking. When the fraud insurance claims piles up. Lets see if they will run fir cover then.
Already 1 BIG case in japan recently. still small i think. Heard 50 million disappeared in seconds.
Hahahaga ooops where's my virtual wallet money.
Hahaha you thiught it was REAL MONEY. ?? ?
Hahahaha ok i key in 5 in computer.
Later back office will fill up the zeros for you.
While you file the insurance claim. Eeeer every one's premiums up.
  • #59,284
  • Edited 6:00pm Jul 19, 2019 5:44pm | Edited 6:00pm
Ai ya yake from health care la.
No one will notice.

Tgey dying anyway. Hor??
Lower rates please. Need armotise.

Ai ya businessmen make bad bankers. Take unnecessary risk.have cashier does not make a bank.

Make head chef the general?
  • #59,285
  • Jul 19, 2019 7:04pm Jul 19, 2019 7:04pm
Quoting fti
{quote} Hi rr. Thanks for the resd. I see peeps begining to think macro positioning. Dangerous thoughts. Althought HFT is quiet dead these days from what i hearing. There will alwats be hialf heaven dealers trying capitslise on tickets. So arbitrage should still be norm. But dealers are beginung wise up aboyt too much moving in range games. Big boys had never liked speed games. And from what i hearing. There lits more "mom please" tic toks before size prices are quoted. Traditionally, big boys had little fear of timed scaling of posional hits. Sonetimes...
hmm.. btw, i heard in the little red dot, there is no voice spot desk anymore. it either goes south or north to get the order fill.. even there, the number of them is at its minimum. for the land of rising sun, they do what they been doing, but mrs watanabe have increase massively. 100$ single order is seen and few yard can be done daily by single client. so that space is very good..
most here is done in efx now or they just go into primary for ease.. since CB is quiet of late, there is also little direct action for the bros..
aiya now big boys also very tough business.. your 'mom pls' for size is v true,... hear alot.. AND at any red mark for cpty lp, they either off or widen. anything more then 20$ done usually gets a 'hihi, please share colour behind xxx ' or a series of 1s is 'hihi why small ticket resulting in 5 done'
also now alot of platform run different algo and a favourite is time-slice/twap .. so even a dang 1mio order can get slice in 10k ticket by a good big name cpty...
yields also down massively, now even exotic is 10-15 or less yield to get TOB pricing.. when u were pricing them probably a 100 ?

the market is very much evolving and trying to get the next direction i feel, and how we position ourselves is key to the next step in the fx space. i doubt fx/efx will phase out, it is near impossible.. but cannot ignore the rise of crypto ccy much further... especially technology wise.


haha ya RUB and XAU quite hot now
http://e-forex.net/articles/mar-2019...umes-soar.html
u probably know KC right? head man SGX now

dk how it happen, nomu lose so much !
https://www.ft.com/content/34c2df2c-...9-b6515a54c5b1
https://www.bloomberg.com/news/artic...xit-in-shakeup

https://www.reuters.com/article/us-d...-idUSKCN1TI2GQ
this one also v bad


i think need to watch what BOJ plan/action is in the v near future. lots of under-current going on in nihon land

rgds
Fall in love with the process, and the outcome takes care of itself.
  • #59,286
  • Jul 20, 2019 1:16am Jul 20, 2019 1:16am
i am a newbie on forex, i am a coder to try to make an auto trading algorithm, but not success in initial tries,
google directs me to this forum, found a lot of priceless pearls inside this thread, i am planning to read this huge thread from the begin,
to save eye sight, i print on paper to read, by my calculation there needs over 15,000 piece of A4 (double printed) paper!!!

i found a lot of pages have quotas, that is the style for forum to reply to post, to strip off the quotas can save up to 40% papers!
if anyone wants to print significant number of pages, and like strip quotas, you can follow the illustrated screenshots. it needs change css style of html page, needs a tool with browser, I use the tool with google Chrome browser.
(maybe some one had talked this in middle of the posts already, then mine copies)

the thread started in 2008, over TEN YEARS ago, and the original author still keep active, incredible!
1m thanks to @fti
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  • #59,287
  • Edited 4:36am Jul 20, 2019 4:25am | Edited 4:36am
Quoting fti
I personally is watching russian and ccp closely. They trying to create a trade currency for business. But they unwilling risk their legal tender lest it gets out of control and sinks their ship. They not able class the usd yet. But it cooking the bullion markets. At mom the only contender for the usd race. But being a finite metal they still not want to give up the fiat paper game. So..... The music continues.
You mean that they are trying to create something backed by gold? Like Libyan golden Dinar?

If so maybe war is closer than we thought, something like that will cause a huge outflow of US paper from mattresses and then nose-diving.

In my opinion (not backed by research though, just a hunch) volatility changes periodically, high volatility comes after quiet periods, although increasing inflow of capital might smooth this process a bit, I mean during low volume periods volatility is high and during huge volume periods, it tends to decrease.

In my opinion (again an opinion) technology will not change much in the long term, long term trading will be back (it was never gone though, just temporarily eclipsed by by algos/hft and the newest technology fad).
  • #59,288
  • Edited 6:19am Jul 20, 2019 6:01am | Edited 6:19am
Quoting RelaxRay
{quote} hmm.. btw, i heard in the little red dot, there is no voice spot desk anymore. it either goes south or north to get the order fill.. even there, the number of them is at its minimum. for the land of rising sun, they do what they been doing, but mrs watanabe have increase massively. 100$ single order is seen and few yard can be done daily by single client. so that space is very good.. most here is done in efx now or they just go into primary for ease.. since CB is quiet of late, there is also little direct action for the bros.. aiya now big...
I see gone are the 7 dwafts??
Ahhh snow white no more lavish dinners.

I would suspect north would be the way to go.
When yours sincerely was posted at rising sun many moons ago.
I saw and helped develop the many onion layers of the paqua tables.
The layers of dealers not know who is who in the same bank,, only which buttons to access for pricing. The pricing parties are all china walled. So any team could be at the other end. This made good difference to strong market making.

Hahahaha "mom pls" is only 1 elementary survival strategy. On reuter3k we had made the auto buttons. When a price enter key was used normal send to counterparties. When red button was pressed instead. Was a simulteneous interupt with "ask again pls". This way no identified rogue parties gets to attack desk.

KC I believe was in the junior grouping. We old guards are expiring one by one. AlbertL passed on 2 years back. And fuhwa is retired gsic. So our times is passing already. Anyway congrets to KC carry batton.

Regards

Inserted Video
  • #59,289
  • Jul 20, 2019 6:09am Jul 20, 2019 6:09am
Quoting Fred-IV
{quote} You mean that they are trying to create something backed by gold? Like Libyan golden Dinar? If so maybe war is closer than we thought, something like that will cause a huge outflow of US paper from mattresses and then nose-diving. In my opinion (not backed by research though, just a hunch) volatility changes periodically, high volatility comes after quiet periods, although increasing inflow of capital might smooth this process a bit, I mean during low volume periods volatility is high and during huge volume periods, it tends to decrease....
I heard they are trying. Bullion would tie their hands due to supply limitations. I belueve thats why they entertaining the crypto. Crypto would be BIG risk to market with veiled regulators. High risk of failure without accountability.

AI interuption of market structure could hardly create a dent. Mostly created disruption to training and education of the new guards in wise old guard legacy. So maybe will be a lapse and the biys down the road may need reinvent the wheel, without proper guidance.

Regards
  • #59,290
  • Jul 20, 2019 6:36am Jul 20, 2019 6:36am
Quoting fti
{quote} I heard they are trying. Bullion would tie their hands due to supply limitations. I belueve thats why they entertaining the crypto. Crypto would be BIG risk to market with veiled regulators. High risk of failure without accountability. AI interuption of market structure could hardly create a dent. Mostly created disruption to training and education of the new guards in wise old guard legacy. So maybe will be a lapse and the biys down the road may need reinvent the wheel, without proper guidance. Regards
Thank you, I have just read an article that they are trying to create a crypto backed by gold, really amazing, must read more about.

It is interesting what AI will do to trading, I mean we have numerous actors present, the biggest volume still will be from the exchange and I don't think this will change much as time/orders available constraints will not change, maybe the speed will increase due to faster price discovery and decisions but that's all. On the investment side there might be some changes as this area invest heavily in AI but they are only a fraction of the market.

In the long perspective, I think all transactions from all sides might be handled by AI, except from the small private investors, who will not afford access to good robots. It will be interesting as the edges that will arise (due to better data management) will be copied fast and will cease to exist, maybe we will live in a period when the only sure thing in trading will be constant change.
  • #59,291
  • Jul 20, 2019 6:39am Jul 20, 2019 6:39am
Quoting fti
https://youtu.be/3qrKjywjo7Q
Eternal beauty. Thank you.
  • #59,292
  • Jul 21, 2019 7:19am Jul 21, 2019 7:19am
Thank you for stats.
Why is world so fuc ked up.
Maybe humans don't deserve manage it.
Every human saying same thing.
I want to OWN you.
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  • #59,293
  • Edited 7:39am Jul 21, 2019 7:26am | Edited 7:39am
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  • #59,294
  • Jul 21, 2019 10:46am Jul 21, 2019 10:46am
Ahhhh Bon Appettits.
Extra serving?
Eeeer no 1 tail is enough. Tank you.
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  • #59,295
  • Jul 21, 2019 10:25pm Jul 21, 2019 10:25pm
Quoting lxx2xx
i am a newbie on forex, i am a coder to try to make an auto trading algorithm, but not success in initial tries, google directs me to this forum, found a lot of priceless pearls inside this thread, i am planning to read this huge thread from the begin, to save eye sight, i print on paper to read, by my calculation there needs over 15,000 piece of A4 (double printed) paper!!! i found a lot of pages have quotas, that is the style for forum to reply to post, to strip off the quotas can save up to 40% papers! if anyone wants to print significant number...
auto trading algorithm
Not possible you will lose time and money.
you can ignore more than 750 people and filter out the noise just to see only fti replies with some other members.
don't predict direction, but dance with flow of water
  • #59,296
  • Jul 21, 2019 11:03pm Jul 21, 2019 11:03pm
Quoting priceaction1
auto trading algorithm Not possible you will lose time and money.
agreed,
i lost almost 50% of my experimental money with my rough auto trading algorithm, before coding my algorithm i had read over 20 classic books about trading. i think all books useful, i understand indicators' algorithm (hence its disadvantages), Probability and Statistics well, but i can't figure out why my algorithm failed.
after reading intial 100 posts of this thread, i switch to trade manually, i have taken back 40% of loss (20% of total),
manual trading is anti human nature, although machine has no such issue, it fights against human, it isn't wise enough.
i guess algorithm suits for market maker cause they have power of control (in some situation for some period), but for individual trader who follows the market, his/her algorithm needs human got involved along all the time, eg. pass parameters in, not unlike driver driving a car (a car is called AUTOmobile, actually it is not auto lol). so i have switched to code a such auto algo needing steering lol

Quoting priceaction1
you can ignore more than 750 people and filter out the noise just to see only fti replies with some other members.
good suggestion, thanks, i will try after i read first 500 posts to find some idea/feeling,
  • #59,297
  • Jul 22, 2019 6:49am Jul 22, 2019 6:49am
Quoting lxx2xx
{quote} agreed, i lost almost 50% of my experimental money with my rough auto trading algorithm, before coding my algorithm i had read over 20 classic books about trading. i think all books useful, i understand indicators' algorithm (hence its disadvantages), Probability and Statistics well, but i can't figure out why my algorithm failed. after reading intial 100 posts of this thread, i switch to trade manually, i have taken back 40% of loss (20% of total), manual trading is anti human nature, although machine has no such issue, it fights against...
my ignored list

Ignored (748)
don't predict direction, but dance with flow of water
  • #59,298
  • Edited 11:59am Jul 22, 2019 10:37am | Edited 11:59am
Quoting lxx2xx
{quote} agreed, i lost almost 50% of my experimental money with my rough auto trading algorithm, before coding my algorithm i had read over 20 classic books about trading. i think all books useful, i understand indicators' algorithm (hence its disadvantages), Probability and Statistics well, but i can't figure out why my algorithm failed. after reading intial 100 posts of this thread, i switch to trade manually, i have taken back 40% of loss (20% of total), manual trading is anti human nature, although machine has no such issue, it fights against...

I was sinking.
Should i let you read more of thread before i respond.
You seem such nice person.
So i try let you know why your automatic algo trading failed.
2 simple reasons only.

1.the only algo system that has ever proven make money... . Is..... This algo used by peeps forerun orders. This is done by HFT(high frequency trading) to forerun and scalp orders (known as paper)
If you are considering coding this, be prepared spend much of your life in jail, when caught.

2.you want to teach a rigid machine how to manage tge dynamics of the markets. The OS you operating on are so rigid and stupid that they have difficulty installing correct drivers for them operate correctly. And these stupid rigids are suppose can analyst market dynamics? Only can do high speed repeative task la.
When you have close working relationship with these machines, yiu will discover tgat tgey are only good for watching and posting videos and mp3s. You can try use them for other things and you will realise its rigidity. Try have a human conversation with your AI. They are so stupid. Only stupid people thinks they are clever.
I will NEVER go onboard an aircraft flown by machine. 737max is testimony.

Think about what i explained. You have 1st hand experience. So is easier for you see.
Let the fools keep praising their stupid machines.

Have a good read of the thread.
May you find the way to financial independence.

Is ok keep coding. There will be tons of fools who will keep buying the version code upgardes. Make lots eye candy like micosof did and
Take their money like everyone else. They too stupid to understand.

Regards

Ok now the truth.
Tge machine, it can only do high speed repetitive task. It has no brains.
In fact it had dine its job well. Made you high speed lost your money.
Nowthe moment of truth.
Ok who's fault is it when commander sent brainless mschinese do battle.
Machine or commander??

When you reach that part of thread. Study that very carefully. AOW. (SUN ZI BING FART)
  • #59,299
  • Edited 11:04am Jul 22, 2019 10:44am | Edited 11:04am
Rigidity ver 4.0
Can help code 1st song in assembly language.
This too obvious. Need more fuzzy logics.

Inserted Video


Those not believe me???
Ya dip your stick in silicon valley.
Maybe you will..... And they even talk dirty.
Ali..!!!!!! ... PAY.
And pray they no rfid your peacker already.
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  • #59,300
  • Jul 22, 2019 4:24pm Jul 22, 2019 4:24pm
Quoting fti
Rigidity ver 4.0 Can help code 1st song in assembly language. This too obvious. Need more fuzzy logics. https://youtu.be/NdCYe4FoMRA Those not believe me??? Ya dip your stick in silicon valley. Maybe you will..... And they even talk dirty. Ali..!!!!!! ... PAY. And pray they no rfid your peacker already. https://youtu.be/nHszzVLVQ5M
“We will gift one wig and one pair of eyes after purchase, which are optional.” Not for me they’re not: I’m afraid I insist that a lady has both hair and eyes before I agree to meet.
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