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Technical Analysis Fallacy

  • #60,081
  • Edited 6:02am Oct 30, 2019 5:22am | Edited 6:02am
Quoting dardar
HI, fti.. Hope you are well, healthy and happy... 10 years ago, I found this thread. 谢谢您 https://youtu.be/RLisZ2kcpE0

Thank you for learning.
A decade of learning is a long time.
I wish much fortune smiling at you.

Regards

Chao Peng Is good singer.
So is jade and Xiao Mei.

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  • #60,082
  • Oct 30, 2019 5:38am Oct 30, 2019 5:38am
Quoting antmindset
You have Facebook account?.... i made ass of u and me....i thought u don't. I don't have it..
Hahahahaha
Grasshopper.
So how do you get to view sime stuff i shared if you no fbook?
Hahahaha.
Ya lots hacjers on internet.
BUT THERE IS NO NEED BE AFRAID OF IT.
Just exercise best practises.

Regards
  • #60,083
  • Oct 30, 2019 5:42am Oct 30, 2019 5:42am
Quoting appleboy
i usually trade with the currency trend (or what i perceive to be a trend) My campaigns usually run into 2-3 days. Granted, i come out profitable, but they are usually rescues. Am i doing anything wrong ?
Hahahaha
Nothing wrong, but you have mindset problem.

Who can say you are wrong, if you consistently making money?

Eeeer i dare not.
Hahahahahaha

Regards
  • #60,084
  • Oct 30, 2019 5:44am Oct 30, 2019 5:44am
Quoting appleboy
{quote} i would assess the higher time frame trend across ro3k will pick a pair, usually EURJPY or GBPJPY start like an ant, zero leverage, divide capital by 10 , then then 10 and 10, and try to scoop as i go along, my observation is that i am almost always going in to rescue, i dont mind following along and rescuing cos i my scout size is small i hardly attack , as the movements usually move against me. eventually , the direction is right, but i get out right by rescuing.
Hahahaha mindset problem.
Will be long time before you get to 1st base.
Even longer gets married.

Guts grow hair.
Never mind, slow and steady. You already have the map.

Regards
  • #60,085
  • Oct 30, 2019 5:48am Oct 30, 2019 5:48am
Quoting fti
{quote} Hahahahaha Grasshopper. So how do you get to view sime stuff i shared if you no fbook? Hahahaha. Ya lots hacjers on internet. BUT THERE IS NO NEED BE AFRAID OF IT. Just exercise best practises. Regards
Hi FTI,

Reading FB doesn't need login...i am viewing what u share on fb.

just a side info... out of 13 business days...i was in profile in 12. 1 which was loss was due to not able to babysit do Bitten the bullet.

just a confession, i am not at all good in basic chart pattern...but looking at her daily give me clue with daily in my favor.

i am working on chart and candle formation patterns skills.

still learning...

regards
grasshopper
  • #60,086
  • Oct 30, 2019 6:08am Oct 30, 2019 6:08am
Quoting antmindset
{quote} Hi FTI, Reading FB doesn't need login...i am viewing what u share on fb. just a side info... out of 13 business days...i was in profile in 12. 1 which was loss was due to not able to babysit do Bitten the bullet. just a confession, i am not at all good in basic chart pattern...but looking at her daily give me clue with daily in my favor. i am working on chart and candle formation patterns skills. still learning... regards grasshopper
Eeer why do you need read daily chart??
Just eye balling is already enough.
You trade every trade day and picture of daily chart doesn't change until day is over. You already know if trend is running or is sangkut from your trade activities
I don't understand why some peeps needs analyse daily chart. Worst is those analysing weekly charts.
Or may be we trade monthly. If suits?

Have you heard of peeps analyse yearly charts to trade. Ya posotiin will conclude in 3 generations.
Hopefully before hk issues ironed out 2049.


Regards.

And don't laugh, there are these types.
Don't be stupid You cannot TRADE it. Need be fool trade a 65 year cycle?


https://www.tradingview.com/ideas/kondratieff/
  • #60,087
  • Edited 6:53am Oct 30, 2019 6:24am | Edited 6:53am
Quoting antmindset
{quote} Hi FTI, Reading FB doesn't need login...i am viewing what u share on fb. just a side info... out of 13 business days...i was in profile in 12. 1 which was loss was due to not able to babysit do Bitten the bullet. just a confession, i am not at all good in basic chart pattern...but looking at her daily give me clue with daily in my favor. i am working on chart and candle formation patterns skills. still learning... regards grasshopper
Wah, 11 of 12 and you not good chartist.
When you become good chartisth, they have no chance to survive leh.

Hahajaha.
Yaya.

Regards.
Oh no need fbook.
Noted and taken under advicement.
Hahahaha stupid me. Hahahaha
Eeer so why cannot view from this thread?


https://m.facebook.com/story.php?sto...16276898558668
  • #60,088
  • Oct 30, 2019 6:33am Oct 30, 2019 6:33am
Quoting fti
{quote} Hahahaha mindset problem. Will be long time before you get to 1st base. Even longer gets married. Guts grow hair. Never mind, slow and steady. You already have the map. Regards

how to solve the mindset problem ?
please zap me into consciousness ...
i like hard lessons
no ego from me...
  • #60,089
  • Oct 30, 2019 6:36am Oct 30, 2019 6:36am
Quoting fti
{quote} Eeer why do you need read daily chart?? Just eye balling is already enough. You trade every trade day and picture of daily chart doesn't change until day is over. You already know if trend is running or is sangkut from your trade activities I don't understand why some peeps needs analyse daily chart. Worst is those analysing weekly charts. Or may be we trade monthly. If suits? Have you heard of peeps analyse yearly charts to trade. Ya posotiin will conclude in 3 generations. Hopefully before hk issues ironed out 2049. Regards. And don't...
oopss typo...what i wanted to write is

5 min give me clue to enter with daily in my favour..
  • #60,090
  • Oct 30, 2019 6:40am Oct 30, 2019 6:40am
Quoting appleboy
{quote} how to solve the mindset problem ? please zap me into consciousness ... i like hard lessons no ego from me...
U Mind belongs to you and you ask me how??

Hahahaha so much fun.
https://www.facebook.com/UniqBeautie...9468430408161/
  • #60,091
  • Oct 30, 2019 6:45am Oct 30, 2019 6:45am
Quoting fti
{quote} Eeer why do you need read daily chart?? Just eye balling is already enough. You trade every trade day and picture of daily chart doesn't change until day is over. You already know if trend is running or is sangkut from your trade activities I don't understand why some peeps needs analyse daily chart. Worst is those analysing weekly charts. Or may be we trade monthly. If suits? Have you heard of peeps analyse yearly charts to trade. Ya posotiin will conclude in 3 generations. Hopefully before hk issues ironed out 2049. Regards. And don't...
oopss typo...what i wanted to write is

5 min give me clue to enter with daily in my favour..

attachment for demo performance...not so amazing but learning
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  • #60,092
  • Oct 30, 2019 6:48am Oct 30, 2019 6:48am
Quoting appleboy
{quote} how to solve the mindset problem ? please zap me into consciousness ... i like hard lessons no ego from me...
read first 200 pages brother. all questions are answered
  • #60,093
  • Edited 8:51am Oct 30, 2019 6:59am | Edited 8:51am
Quoting antmindset
{quote} read first 200 pages brother. all questions are answered
Hahahahaha
And he's been here much much longer than you.

Hahahahahahaha.
Eeeeeer hacked again?
Hahahahaha hopeless

Regards

Eeeer what??
I didn't touch it.
Nope never touched.
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  • #60,094
  • Oct 30, 2019 7:21am Oct 30, 2019 7:21am
Quoting fti
{quote} Wah, 11 of 12 and you not good chartist. When you become good chartisth, they have no chance to survive leh. Hahajaha. Yaya. Regards. Oh no need fbook. Noted and taken under advicement. Hahahaha stupid me. Hahahaha Eeer so why cannot view from this thread? https://m.facebook.com/story.php?sto...16276898558668
FTI,

I am learning from best of best of best FTI.

u won't understand....lol....
i am learning from pro called FTI.
CFA, elite chartists who hav steel balls. the guy is once a dealer always a dealer. i dare not face his dealers anger....

but he is humble, down to earth, king among men, friend amoung strangers. A teacher, friend, well wisher.

in nutshell, A pro and humble human being.

regards
grasshopper
  • #60,095
  • Edited 8:13am Oct 30, 2019 7:29am | Edited 8:13am
Quoting antmindset
{quote} FTI, I am learning from best of best of best FTI. u won't understand....lol.... i am learning from pro called FTI. CFA, elite chartists who hav steel balls. the guy is once a dealer always a dealer. i dare not face his dealers anger.... but he is humble, down to earth, king among men, friend amoung strangers. A teacher, friend, well wisher. in nutshell, A pro and humble human being. regards grasshopper
Hahahaha.
No adverts pls.
They all hacking me already.

Regards

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  • #60,096
  • Oct 30, 2019 8:02am Oct 30, 2019 8:02am
Quoting appleboy
{quote} i would assess the higher time frame trend across ro3k will pick a pair, usually EURJPY or GBPJPY start like an ant, zero leverage, divide capital by 10 , then then 10 and 10, and try to scoop as i go along, my observation is that i am almost always going in to rescue, i dont mind following along and rescuing cos i my scout size is small i hardly attack , as the movements usually move against me. eventually , the direction is right, but i get out right by rescuing.
i posted this https://www.forexfactory.com/attachm...5&d=1571466982a few pages earlier. there will be few bars that will have retracements beyond your entry point. i had trouble in thinking them as rescues for long time. we dont have stop loss orders but stop loss level, we bail out our scout beyond these levels.

by analyzing the subsequent bar, eventhough the price is trading above our sell scout trade, if we believe its a retracement and if we have enough foreign capital we could add another scout or simply wait for price to trade below our sell entry. these are individual styles.

the problem i had is i did not differentiate between retracement and trend change. two mistakes here

1) rescuing everything that goes against (retracement and trend change)
2) not having a clear stop loss level to kill all.

you can see that you will be in rescue mode when it did not call for one.
  • #60,097
  • Oct 30, 2019 8:47am Oct 30, 2019 8:47am
Quoting pannet1
{quote} we dont have stop loss orders but stop loss level, we bail out our scout beyond these levels. by analyzing the subsequent bar, eventhough the price is trading above our sell scout trade, if we believe its a retracement and if we have enough foreign capital we could add another scout or simply wait for price to trade below our sell entry. .. clear stop loss level to kill all...
brother,
green: never read this in first 200 pages as part of MO. some discussion may be but not part of MO.
violet : wrong mindset. can't afford to believe anything


blue: Are you proposing loss averaging? there is difference between deployment of scout squad and add another. i use 2 troops as squad something 3, depending upon foam.

yellow : again this is not part of MO.

i commented as per my understanding...FTI will have final answer.
regards
ant
  • #60,098
  • Oct 30, 2019 9:07am Oct 30, 2019 9:07am
Quoting fti
{quote} Hahahahaha And he's been here much much longer than you. Hahahahahahaha. Eeeeeer hacked again? Hahahahaha hopeless Regards Eeeer what?? I didn't touch it. Nope never touched. {image} {image} {image}
Hahahaha was it because of you.
Hahahaha is sg hackers?
Tekteksense post and the group disappeared from my list. Or maybe sg Censors at work.
Lots evil peeps in the world.
May satan their lord full fill their asspirations.dang communist gangsters.
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  • #60,099
  • Oct 30, 2019 9:08am Oct 30, 2019 9:08am
Quoting pannet1
{quote}. the problem i had is i did not differentiate between retracement and trend change. two mistakes here 1) rescuing everything that goes against (retracement and trend change) 2) not having a clear stop loss level to kill all. you can see that you will be in rescue mode when it did not call for one.
in both cases, you have pa direction identified in Now. one will help in rescue, other in rescue and then attack
  • #60,100
  • Oct 30, 2019 9:18am Oct 30, 2019 9:18am
Lets hope is not some turncoat from here.
All sorts ghost hiding in the dark.

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