Attachments: Technical Analysis Fallacy

Technical Analysis Fallacy

#59,401
Aug 13, 2019 11:48pm Aug 13, 2019 11:48pm

antmindset
| Joined Jan 2019 | Status: Trader | 409 Posts

Dear FTI,

I came across "volatility run of max 7 bars average 3" and your answer to it, but not able to understand it. Can you help? please.

FTI Answer:

----
The answer to your questions is a little hocus pocus, but I hope you can grasp the essence of the thought.
Ponder this 3 is a primary binary with one abnormality (oddity) or a pair with and odd if you like. 7 is a double pair with and odd.
If you understand the story of eden in the bible, after the creation of the heavens and earth (atmosphere & surface) then "land and sea" and its complimenting inhabitants, then the odd was created. (representative of himself) man. although in the process of creating man and eve, they were considered ONE. Eve was created from Adam. Althought sexually different, they were to be ONE, as eve was created to compimenet adam. So the double to one relationship. All in doubles but mankind in ONE. That's why no other creatures on earth enters into matrimony.
Therefore after the 7th, creation was complete and rested.
:referenced to Genesis, Bible,Torah.
Also ponder this, how many primary colours are there? 3 . correct
How many secondary colours derivations from the primary? 7 correct
Then the shades of the secondary, of different intensity. :referenced rainbow and colours.
How may primary harmonic in sound ? 3 correct., low, flat, high
And how many secondary notes, derived A to G, 7 correct. How many octaves? 3 correct, sharp, flat and minor.
then the pitch derivations from the basic octaves. :referenced Music and Sound.
also reference String theory, Quantum physics.
I can give you loads more but I think you get the idea.
Unfortunately , I am still unable to give you empirical evidence of this abnormality scientifically, so I will just say that 3 and 7 to me are important primes.
-----

#59,402
Edited 4:30am Aug 14, 2019 3:49am | Edited 4:30am

fti
Joined Nov 2007 | Status: Trader | 19,782 Posts

Quoting antmindset

Disliked

Dear FTI, I came across "volatility run of max 7 bars average 3" and your answer to it, but not able to understand it. Can you help? please. FTI Answer: ---- The answer to your questions is a little hocus pocus, but I hope you can grasp the essence of the thought. Ponder this 3 is a primary binary with one abnormality (oddity) or a pair with and odd if you like. 7 is a double pair with and odd. If you understand the story of eden in the bible, after the creation of the heavens and earth (atmosphere & surface) then "land and sea" and its complimenting...

Ignored

What about it don't you understand?
Primary=3
Conpletion=7
Which example you like to discuss?
I cannot understand what you cannot understand.
Its life.

Creation= https://www.biblica.com/bible/kjv/genesis/1/ol/

Dual, odd, dual, odd, dual, odd......
01010101010101010101010101.........

E=mc2

Inserted Video

Regsrds

#59,403
Aug 14, 2019 4:37am Aug 14, 2019 4:37am

fti
Joined Nov 2007 | Status: Trader | 19,782 Posts

https://storiesforpreaching.com/get-your-own-dirt/

#59,404
Aug 14, 2019 6:09am Aug 14, 2019 6:09am

ukmanthailan
| Joined Nov 2008 | Status: Trader | 1,006 Posts

Grabbed my pips with Cable today and ran off at 1.2095-99.

I hope everybody else is having a great day.

#59,405
Aug 14, 2019 6:56am Aug 14, 2019 6:56am

sutivserv
| Joined Jan 2009 | Status: Trader | 97 Posts

Quoting fti

Disliked

{quote} Nothing i can do help. Already spend much time do thread help those who would help themselves. I normally not spoon feed anyone. If they are handicaped, i leave them sit there die. There is no important pairs. All who moves are important. Just do not trade that which is manipulated. They play god and change the rules, i don't care how good your skills. You die. Thats why they think they are gods. This because their God is kind to their stupidity. They will only realise that they are not gods but bullies, only on their death bed. Then they...

Ignored

Fti,
Thanks for your insight. I usually leave level 1 for the gurus but attack with level 2 and 3. So far so good, G/U this morning is okay going up.
I will start considering level1 when i cure my predictive nature.

#59,406
Aug 14, 2019 7:19am Aug 14, 2019 7:19am

antmindset
| Joined Jan 2019 | Status: Trader | 409 Posts

Sorry FTI ,i was not clear in asking. (Ask, and it shall be given you; seek, and ye shall find)

The context of question was one of your point, when you gave insight into when to attack:

FTI:
----
I send in a scout (wave AB), he plays well and I decide to check him, I send in 1 checker, which is my level 2 (wave CD) and level 2 plays well,that would mean that wave CD is short and plays above wave AB.

If wave EF retraces then i would be forced to invoke rescue 5 and I go into rescue mode.

If EF did not do that then the instance of the attack would be in wave EF, and if the dance dictates that I am in alignment with the daily trend and both the short charts, It would require that I would attack full force.

This attack sequence is not invoked when the market volatility is tight, Only when the legs are strong,(strong = range play 50 pips average) and volatility run of max 7 bars average 3.
----

I am not able to comprehend what is max 7 bars average 3 is.

Thank you for the videos, i am watching them for understanding.

#59,407
Aug 14, 2019 9:56pm Aug 14, 2019 9:56pm

GEfx
Joined May 2009 | Status: Trader | 3,730 Posts

Quoting fti

Disliked

https://storiesforpreaching.com/get-your-own-dirt/

Ignored

This is really good! Fti, hope you are well! Your posts lift my spirit, and for that I am thankful! Please take good care!

#59,408
Edited 3:34am Aug 15, 2019 3:24am | Edited 3:34am

fti
Joined Nov 2007 | Status: Trader | 19,782 Posts

WARNING worldwide equity collapse possibility.

Russia says WTO would likely cease to exist if United States quits trade body https://www.rt.com/business/466539-t...in-commentary/

Please verify....

"following US President Donald Trump’s warning that Washington may leave the organization."

Eeer careful not to touch bulls balls yet.

Go short not sure yet.
Get out to safety. Sure, fire is on.

Oh my stocks options.......... Worked for free?
Next time i will tske cash only. Fuxk the stock options trap.

#59,409
Aug 15, 2019 4:14am Aug 15, 2019 4:14am

ukmanthailan
| Joined Nov 2008 | Status: Trader | 1,006 Posts

I'm out of Cable at 96-97. Running away again! Probably more in it but I'm exhausted.

#59,410
Edited 9:23am Aug 15, 2019 5:04am | Edited 9:23am

fti
Joined Nov 2007 | Status: Trader | 19,782 Posts

Quoting ukmanthailan

Disliked

I'm out of Cable at 96-97. Running away again! Probably more in it but I'm exhausted.

Ignored

Yes, making money is very exhausting business.
Spending money is very relaxing.
Take daughter shopping?

Regards.

#59,411
Aug 15, 2019 5:15am Aug 15, 2019 5:15am

ukmanthailan
| Joined Nov 2008 | Status: Trader | 1,006 Posts

Quoting fti

Disliked

{quote} Yes, making money is very exhausting business. Spending money is very relaxing. Take daughter shopping? Regards.

Ignored

Sounds like a great idea

. She's been nagging me to take her to the shopping mall and her mum is away on business for a few days.

#59,412
Aug 15, 2019 5:38am Aug 15, 2019 5:38am

fti
Joined Nov 2007 | Status: Trader | 19,782 Posts

Quoting ukmanthailan

Disliked

{quote} Sounds like a great idea . She's been nagging me to take her to the shopping mall and her mum is away on business for a few days.

Ignored

Inserted Video

#59,413
Aug 15, 2019 6:43am Aug 15, 2019 6:43am

fti
Joined Nov 2007 | Status: Trader | 19,782 Posts

Hahahaha hahaha
Bake it?

Inserted Video

#59,414
Aug 15, 2019 10:01am Aug 15, 2019 10:01am

ukmanthailan
| Joined Nov 2008 | Status: Trader | 1,006 Posts

Quoting fti

Disliked

Hahahaha hahaha Bake it? https://youtu.be/dXyO_MC9g3k

Ignored

If you'd told me a few years ago that Donald Trump was going to be president of the USA and Boris Johnson was going to be the UK's prime minister, I'd have either laughed or been very scared.

#59,415
Edited 4:25am Aug 16, 2019 1:37am | Edited 4:25am

ukmanthailan
| Joined Nov 2008 | Status: Trader | 1,006 Posts

Well, I'm out of Cable at 11. 1.2% on the day so I might have a nice early finish as it's Friday. Hope everybody has a great weekend.

EDIT: I couldn’t resist jumping back in but that’s it for the week, it really is!

#59,416
Aug 18, 2019 12:56am Aug 18, 2019 12:56am

antmindset
| Joined Jan 2019 | Status: Trader | 409 Posts

Dear FTI,

i think i have figured out first part of "volatility run of max 7 bars average 3".

Max 7 bar should signify completion. So if my position is bad, u should look at clue after 7 bars and initiate rescue. this rescue will have again max 7 bars to complete. and this will continue.

if attacking, after 7 bars, i should look into taking profit or look for higher level attack.

this is my understanding.

i am still figuring out what "average 3" is.

#59,417
Aug 18, 2019 1:35am Aug 18, 2019 1:35am

antmindset
| Joined Jan 2019 | Status: Trader | 409 Posts

FTI, i am able to see M Top and W bottom. heavy top and bottom also. but i am still figuring out left and right side of the wave.

thank you for sharing your wisdom. We are Moth and thanks for not opening the cacoon, but Just giving enough so that we come out ourselves.

thanks you very much.

#59,418
Aug 18, 2019 2:21am Aug 18, 2019 2:21am

Exnav
| Joined Jul 2016 | Status: Charging | 705 Posts

Quoting antmindset

Disliked

Dear FTI, i think i have figured out first part of "volatility run of max 7 bars average 3". Max 7 bar should signify completion. So if my position is bad, u should look at clue after 7 bars and initiate rescue. this rescue will have again max 7 bars to complete. and this will continue. if attacking, after 7 bars, i should look into taking profit or look for higher level attack. this is my understanding. i am still figuring out what "average 3" is.

Ignored

Hello Antmindset,

If I may (I'm sorry to intervene), it's looking like a sort of inflexibility. I might see 1 or 20 bars in progress and never stick to any strict counting. PA in the Now will show whether it's 1, 3, 7, 12, 20 etc. Otherwise, any machine would make us profitable. I'm sure that you will be able to find out yourself (all answers) after having exercised through your own experience.

Have a nice relaxing Sunday,
Exnav

Not to Advance is to Fall Back