Technical Analysis Fallacy | Page 2989 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Ultimate Fallacy in Technical Analysis 99 replies

"Technical Analysis Fallacy" thread people, I need your help 54 replies

Technical Analysis Fallacy Redux 23 replies

Statistical analysis fallacy 33 replies

Attachments: Technical Analysis Fallacy
Exit Attachments

Technical Analysis Fallacy

  • #59,761
  • Sep 25, 2019 8:25am Sep 25, 2019 8:25am
I made a real mess of things today. Flipped my cable short because I misread the price action (not quite sure how looking at the chart now but it's never the same when you're following the action live) then went in too big long. I was very lucky that I closed my long fairly quickly and then managed to ride the move down to about 2374 and end up with a profit on the day, but it was yet another warning that I still have a scorpion on my back at times. I think it has something to do with my mood: I've been really irritable the last couple of days and got into two arguments about meaningless nonsense online. Time to withdraw into myself, reset my mind and focus on what's really important.

I hope everybody else is having a profitable trading day. Well, not everybody obviously, that would be impossible, but everybody on this thread.
  • #59,762
  • Sep 25, 2019 8:46am Sep 25, 2019 8:46am
Quoting fti
{quote} Remember. In business tskes whole lifetime build a reputation. Takes 1 silly mistake destroy it. Same with anthill. Never allow that happen. Here lots good friends. If hsve scratch head. Just ask. Better be safe than be sorry. REMEMBER. Back to basics always. Regards.
Yes master. Making no mistake is something i am aspiring for.

I am still learning rescue.

regards
grasshopper
  • #59,763
  • Sep 25, 2019 11:59pm Sep 25, 2019 11:59pm
I would be grateful if we discuss chart patterns. It is ok if this is something we can not post here.

regards,
ant
  • #59,764
  • Sep 26, 2019 11:04am Sep 26, 2019 11:04am
Quoting appleboy
Basics = First Principles , as they say in the practice of medicine ... thanks FTI.
A hero passes.

I saw this on the BBC and thought you should see it:
Shuping Wang: Whistleblower who exposed HIV scandal in China dies - https://www.bbc.co.uk/news/world-asia-49834904
  • #59,765
  • Sep 26, 2019 11:09am Sep 26, 2019 11:09am
Quoting antmindset
{quote} Yes master. Making no mistake is something i am aspiring for. I am still learning rescue. regards grasshopper
Is fun make mistakes.
I do it all the time.
Just find ways profit from your mistakes.
Is fun.

Regards
  • #59,766
  • Edited 11:30am Sep 26, 2019 11:14am | Edited 11:30am
Quoting antmindset
I would be grateful if we discuss chart patterns. It is ok if this is something we can not post here. regards, ant
I akredy told you.
Tgere 2 patterns.
Consolidation or trending.
Is either cosolidation or its trending.
What is there to discuss?

Is like sex. Either you enjoyed or you fidn't.
Nothing to discuss.
Is like chemicals.
The more you examine it, the more it smells.
KISS.
Keep it simple & stupid.


Regards.

Keeping money is difficult, spend it all.
Easy pizzy.
I no like keep money.
Is easy keep making more than one can spend.
Then one dsy you discovers.


Shit i cannot even finish spending the interest it makes.
Thats when problems begins.



EVERYBODY WANTS TO HELP YOU.!!!!

Okok heres a maple leaf for you.

Inserted Video
Attached Image
  • #59,767
  • Sep 26, 2019 11:25am Sep 26, 2019 11:25am
Quoting fti
{quote} Is fun make mistakes. I do it all the time. Just find ways profit from your mistakes. Is fun. Regards
I did profit from mistake today. Long struggle. 4 rescue operations finally made it. stuck in congestion. Bias paid out at end. ( on demo account)


regards
Grasshopper
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2019-09-26-21-52-32-648_net.metaquotes.metatrader4.png Size: 134 KB
  • #59,768
  • Sep 26, 2019 11:35am Sep 26, 2019 11:35am
Quoting fti
{quote} I akredy told you. Tgere 2 patterns. Consolidation or trending. Is either cosolidation or its trending. What is there to discuss? Is like sex. Either you enjoyed or you fidn't. Nothing to discuss. Is like chemicals. The more you examine it, the more it smells. KISS. Keep it simple & stupid. Regards. Keeping money is difficult, spend it all. Easy pizzy. I no like keep money. Is easy keep making more than one can spend. Then one dsy you discovers. Shit i cannot even finish spending the interest it makes. Thats when problems begins. EVERYBODY...
Master, I would like to feel when window of opportunity arrives for attck or rescue. when to call attack and rescue off.

if i miss window, i should not rescue. this is something i am still learning.

but yes mistakes are fun. Roosevelt was right when he said that the only one who never makes mistakes is the one who never does anything.

regards
grasshopper
  • #59,769
  • Edited 12:02pm Sep 26, 2019 11:38am | Edited 12:02pm
Quoting antmindset
{quote} Master, I would like to feel when window of opportunity arrives for attck or rescue. when to call attack and rescue off. if i miss window, i should not rescue. this is something i am still learning. but yes mistakes are fun. Roosevelt was right when he said that the only one who never makes mistakes is the one who never does anything. regards grasshopper
Some things you don't try rescue.
Comes with experience.

https://www.nationalgeographic.com/a...big-cats-died/

If no foreign cap don't rescue.
Whats so dang dfficult?
Dead in waters you don't rescue.

https://www.reuters.com/article/us-t...-idUSKBN1W007B

Just like these tigers.
Best to NEVER fuck yourselfs.

But of course everyone likes rescue stuff.
But question is "can you afford?"
Ya ya ya give me all the BOOKWORM reasons.
Ok you can switch on the gas
Please pass the lighter.

Regards

Mostly i see all those who need rescue regularly.
They no cap.
Cap comes from good attacks.
With good attacks, Rescue become natural wins.
Without foreign cap, is a pain in the balls.
  • #59,770
  • Sep 26, 2019 11:52am Sep 26, 2019 11:52am
Quoting fti
{quote} Some things you don't try rescue. Comes with experience. https://www.nationalgeographic.com/a...big-cats-died/ If no foreign cap don't rescue. Whats so dang dfficult? https://www.reuters.com/article/us-t...-idUSKBN1W007B Just like these tigers. NEVER fuck yourselfs. Regards
Ding Dong. got it. it will be easy now.

love you FTI.

thanks for golden leaf. it is pure like your mindset. of course it is just 99.999 % pure.

it is nice feel when one does dance with her, anticipating her moves even for 10-20 mins.
  • #59,771
  • Sep 26, 2019 12:12pm Sep 26, 2019 12:12pm
Inserted Video


Inserted Video
  • #59,772
  • Sep 26, 2019 12:15pm Sep 26, 2019 12:15pm
Depending upon rescue is race to 0.

Attack is the reason tiger feed self. Rescue should only be for survival.

more frequent rescue take away ability to attack. Dang My subconscious know things, i am yet to realise.
  • #59,773
  • Sep 26, 2019 12:25pm Sep 26, 2019 12:25pm
Quoting antmindset
Depending upon rescue is race to 0. Attack is the reason tiger feed self. Rescue should only be for survival. more frequent rescue take away ability to attack. Dang My subconscious know things, i am yet to realise.
Attack makes bread....
Rescue keeps you alive make bread.

Regards
  • #59,774
  • Sep 26, 2019 12:49pm Sep 26, 2019 12:49pm
Quoting fti
{quote} Attack makes bread.... Rescue keeps you alive make bread. Regards
Yes master. i am learning to trade congestion, or I won't be able to trade 70% of time.
  • #59,775
  • Sep 26, 2019 1:12pm Sep 26, 2019 1:12pm
Quoting antmindset
{quote} Yes master. i am learning to trade congestion, or I won't be able to trade 70% of time.
Congestion trading is called scalping.
To be able to do, you must learn market making.
Otherwise as speculator you only have trend trading.
When crazy market makers have bad scalping skills they become trend traders.
Aka INVESTORS.
HAHAHAHA they try bullshit the bosses.
We are stupid.

Regards
  • #59,776
  • Sep 26, 2019 1:27pm Sep 26, 2019 1:27pm
Quoting fti
{quote} Congestion trading is called scalping. To be able to do, you must learn market making. Otherwise as speculator you only have trend trading. When crazy market makers have bad scalping skills they become trend traders. Aka INVESTORS. HAHAHAHA they try bullshit the bosses. We are stupid. Regards
Master, any pointers in this direction. i only know of rubber band effect which you have shared.
  • #59,777
  • Sep 26, 2019 3:11pm Sep 26, 2019 3:11pm
Quoting antmindset
{quote} Master, any pointers in this direction. i only know of rubber band effect which you have shared.
Market making is skill of making pitence with giant capital.
Is licenced to tax deposits.
You need very large capital.
Mostly income comes from spreads and fees.
You no have the licence. Only spread skills required.
You not qualified. Unless you are mentor consultant.
I have friend sold his broking licence. Dealer.
180 million. Work 180 years also cannot earn that.
Is same as public listing any business.
Depends on kuansi.

I give you free mo for financial independence.
But you want that which you not qualified to get.
Are you pai ma wang soon?
They are all over the world. Are you?
In common terms"white horse prince"
Golden spooned??

Regards
  • #59,778
  • Edited 7:26pm Sep 26, 2019 6:54pm | Edited 7:26pm
Quoting fti
{quote} Congestion trading is called scalping. We are stupid. Regards
By the way.
Compliance dept and security office is there for a reason.
If you works for me. If i wanted to check, i can even find out how many times you smells your fingers before you make a big decision.
They will report.
And by the way the maple leaf you found. Was placed there intentionally by compliance to see how long after the find, you will return it to lost and found.
By the wsy the 5000 you can keep it.
We print lots of that stuff.
Finders keepers.

Regards.

Rubberband effect is known as gravity.
No secrets only mo knowledge.

Inserted Video


Y the way backoffice already sent u blotter report.
All u positions already i hedged. Hahahaha locked.
But u will never know.
Its called godmode.
  • #59,779
  • Sep 26, 2019 7:05pm Sep 26, 2019 7:05pm
Inserted Video


Inserted Video
  • #59,780
  • Sep 26, 2019 7:21pm Sep 26, 2019 7:21pm
Inserted Video
26 traders viewing now, 1 is registered:
Ferrym