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Technical Analysis Fallacy

  • #60,381
  • Nov 25, 2019 1:54am Nov 25, 2019 1:54am
Dear FTI,
Thanks for the lesson...
cheers !
  • #60,382
  • Nov 25, 2019 7:28am Nov 25, 2019 7:28am
I read this and nearly fell out of my chair. Central bankers can no longer maintain price stability or full employment, so they may branch out to income redistribution? What could possibly go wrong with this?
https://www.zerohedge.com/economics/...ibuting-wealth
  • #60,383
  • Edited 7:53am Nov 25, 2019 7:41am | Edited 7:53am
Quoting GEfx
I read this and nearly fell out of my chair. Central bankers can no longer maintain price stability or full employment, so they may branch out to income redistribution? What could possibly go wrong with this? https://www.zerohedge.com/economics/...ibuting-wealth
Eeeer morderncommunist style central planning?
Eeeer any white horse princes here make the list?
Hahahaha
All i want for xhristmas is a currupted hand.?

https://m.youtube.com/watch?v=EjsoJGCB2vo
Regards

Fasting begins. Starvation gogogo.
I fasting and i no care if the easing or they purging. Who eats chilli feels the burn.
  • #60,384
  • Nov 25, 2019 8:11am Nov 25, 2019 8:11am
Quoting GEfx
I read this and nearly fell out of my chair. Central bankers can no longer maintain price stability or full employment, so they may branch out to income redistribution? What could possibly go wrong with this? https://www.zerohedge.com/economics/...ibuting-wealth
i used to read zerohedge, considering it alt media source who have some insights.but later found out that they have negative vibes like economy is going down and like that doomday scranio kind of things.

i stopped reading it long ago. my personal opinion.

regards
Ant
  • #60,385
  • Nov 25, 2019 8:12am Nov 25, 2019 8:12am
Dear FTI,

my book has gained 3.5% now ( new account open few days back).

learning to Attack.

regards
grasshopper
  • #60,386
  • Nov 25, 2019 8:16am Nov 25, 2019 8:16am
Quoting fti
{quote} Is very clear you have zero understanding of I 1 fifo 2 mo 3 delta. So no bluffology. Delta of an outright position is position x1 when long, position x- 1 when short. ZERO when squared. Having equal long and short is squared - unpaid spread and brokerage. Regards Ability trade 1 direction is great strategy only in a trend leg. In a congestion leg, price spreads and brokerage will maim you. Is good walk straight, but stupid on a winding road. If your legs are not same length, you will walk.... https://youtu.be/jSMuCe8uBdg In perfect...
in retrospect,
i was merely trying to ask how is it possible to dance in both directions in with a fifo broker ?
please pardon my stupidity
  • #60,387
  • Edited 9:08am Nov 25, 2019 8:47am | Edited 9:08am
Quoting appleboy
{quote} in retrospect, i was merely trying to ask how is it possible to dance in both directions in with a fifo broker ? please pardon my stupidity
In the US, all brokers are FIFO because it is the law. The idea is to bring forex trading into line with other market trading in the US where FIFO is the rule.

If you have sold 3 lots in the E$ and now want to buy 3 lots, you will need to close the sell trade first, in order to capture any potential gain in that buy order. Otherwise, the broker trading station will close the sell trade when you execute the buy side, leaving you with zero market exposure.

If you have 3, one lot trades in the sell position, and want to take a one lot buy trade, you will in effect take out your first sell trade when you enter the buy trade, leaving you with the 2nd and 3rd sell trades open to face the PA of the buy trade that you wanted to put on.

The net of this is simple: the regulatory agency that governs your broker has determined that you will not have opposing orders open in the same account at the same time, your broker is complying with that regulatory agency and has implemented FIFO in their trading station, so you can't trade that way. If you want to trade both ways, you can with your existing trading station, just not at the same time in the same account. The impact of this on your trading plan seems pretty clear.

Trade well!

Edit: I'm trading the GA today and have 4 open buy trades right now. Go back and look at that move with your FIFO questions in mind and I think you will conclude that FIFO is not really something to worry about. Think about how you would dance with that PA and you will see that FIFO is not an issue when you are reducing exposure but more importantly adding to the trade.
  • #60,388
  • Nov 25, 2019 5:39pm Nov 25, 2019 5:39pm
Quoting GEfx
{quote} In the US, all brokers are FIFO because it is the law. The idea is to bring forex trading into line with other market trading in the US where FIFO is the rule. If you have sold 3 lots in the E$ and now want to buy 3 lots, you will need to close the sell trade first, in order to capture any potential gain in that buy order. Otherwise, the broker trading station will close the sell trade when you execute the buy side, leaving you with zero market exposure. If you have 3, one lot trades in the sell position, and want to take a one lot buy trade,...
Thanks for the reply GEfx, much of what you said i have understood . Have a great trading session !
  • #60,389
  • Nov 25, 2019 9:06pm Nov 25, 2019 9:06pm
Quoting appleboy
{quote} Thanks for the reply GEfx, much of what you said i have understood . Have a great trading session !
So, you understand.
Then what is the question about fifo, again?

Regards
  • #60,390
  • Edited Nov 26, 2019 9:14am Nov 25, 2019 11:49pm | Edited Nov 26, 2019 9:14am
Quoting fti
{quote} So, you understand. Then what is the question about fifo, again? Regards
yes Sir , i understand what fifo is.
pls excuse my stupidity, the question i am trying to ask, is that , in a fifo environment, is it possible to dance in both directions ?

is the image that you posted, to show us the dance, still possible to achieve, since adding and removing of positions will cause the delta (hope i am using the term correctly) to swing from -ve to +ve to -ve as you move with the price action.
  • #60,391
  • Nov 26, 2019 4:40am Nov 26, 2019 4:40am
Quoting appleboy
{quote} yes Sir , i understand what fifo is. pls excuse my stupidity, the question i am trying to ask, is that , in a fifo environment, is it possible to dance in both directions ? is the image that you posted, to show us the dance, still possible to achieve, since adding and removing of positions will cause the delta (hope i am using the term correctly) to swing from -ve to +ve to -ve as you move with the price action. {image}
Why you keep asking stupid question.
Hsve uou simulated live environment position managing?
Why you asking?
Do it and you will know if you can dance the skews.
And don't even talk delta. You have no idea what that is. Using that word without knowing what that is, is like asking guck snd not know she csn gets pragnant.

Regards
  • #60,392
  • Nov 26, 2019 6:11am Nov 26, 2019 6:11am
Good day all,

wow Amazing, ancient wisdom

Inserted Video


Inserted Video


Regards,
  • #60,393
  • Edited 6:58am Nov 26, 2019 6:48am | Edited 6:58am
Tsu ge liang.

Zhuge liang is this. Very liang.
https://m.youtube.com/watch?v=RBoDKVYJn4M

Borrow from peter pay paul for mary?

Regards
  • #60,394
  • Nov 26, 2019 6:58am Nov 26, 2019 6:58am
Quoting fti
Tsu ge liang. Zhuge liang is this. Very liang. https://m.youtube.com/watch?v=RBoDKVYJn4M Regards


https://en.wikipedia.org/wiki/To_rob_Peter_to_pay_Paul
  • #60,395
  • Nov 26, 2019 7:03am Nov 26, 2019 7:03am
Quoting dardar
{quote}
Similarly.
Chang kai shik.
There is no surname Zhang.
Is invented by idiots without education.

Similarly Chow,
No such thing as Zhou.

Lee, wtf is Li?
Li is measurement of distance.

Lim, wtf is Lamb

Regards
  • #60,396
  • Edited 7:31am Nov 26, 2019 7:14am | Edited 7:31am
I waiting see market respondse to these.


https://m.youtube.com/watch?v=FSFEpik4PQo

Ahh this one has guns. Not as easy as shoot children.
https://m.youtube.com/watch?v=EBpe3ROSIq8

Regards
  • #60,397
  • Nov 26, 2019 7:44am Nov 26, 2019 7:44am
Quoting fti
Ahh this one has guns. Not as easy as shoot children. https://m.youtube.com/watch?v=EBpe3ROSIq8 Regards
This Taiwanese bodybuilder star quite famous, big muscle, big balls too.. Haha. Didn't expected this reaction from him.

Good nite
  • #60,398
  • Edited 8:11am Nov 26, 2019 7:51am | Edited 8:11am
Historical trend.

Ally british heros. Then..... Emergency.
https://m.youtube.com/watch?v=pBRMRf0JVJc

Ally KMT fight japan invasion... Then.. Taione.
https://m.youtube.com/watch?v=klAjaujdE6M

Very trendy mindset.
i feel the risk same as illuminatti one world order cabals. Very scary for currency volatility.
Be watchful.

Regards.

Infinite Trendy, be aware.
Need to be on top, creates ambition. No?
https://m.youtube.com/watch?feature=...&v=92mKsjp_GdM
  • #60,399
  • Edited 11:08am Nov 26, 2019 10:24am | Edited 11:08am
Explain this mindset?
Loyalty or stupidity? Or........
Try figure out what it was waiting for.
Pennies for thoughts.

https://www.facebook.com/29483970447...3357809625930/
  • #60,400
  • Nov 26, 2019 7:51pm Nov 26, 2019 7:51pm
And they thought, we are stupid?

https://www.facebook.com/anastacia.b...1946298419529/
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