Technical Analysis Fallacy

See you not got it still.
If you foloow the mo delligently.
Gsping moves cannot kill your book.
It can only hsppen
1. If you not hsve accumulated foreign csp.
2.you try to become rich overnight and attack without cap protection.
People who trys to become rich very fast. Either have to become criminal, or fool. Both don't come good life.

Making the 1st million is hardest after that is just a dance.

After thex1st 100k already should be a breeze.
But of course small caps need eork much harder. Its in the arithmatics.

Shortcut it and yiu hesd rolls.
Same law as gravity.
If scorpions trys fly., bibye

Regards

Coronavirus threatens to pop Asia's $32 TRILLION corporate debt bubble
Coronavirus threatens to pop Asia's $32 TRILLION corporate debt bubble https://www.rt.com/business/483821-a...t-coronavirus/

This should rally markets if fed serious about pumping unlimited funds. If at zero interest usd is dead duck.
If both equities and usd plunges then is dead in the water scenerio.
Risk gamble by the feds.
Already usd is in trillions deficit.
If tge print no limits, question is.
Who will buy up the debt?

China already got suckered.
I fon't believe they forte or resourced be sugar daddy again. Drink bat soup?

Regard

Maybe they went to same school.
This same strategy as ben nen ki he li copter money they tried 10+ years ago.
And we know how that turned out

The dogs got no new tricks.
Helicopter tricks. But this time is hard find suckers even if painted pink. Evrryone is so afraid dirty word. Default. So if its true usd will sleeo with fishes. Lets pray is not 10% devaluation. Dspends on the coronaa kill rate also. If deval goes double digit, world become deadly. Usd general historial volitility is around 15 %.


Regards

https://www.facebook.com/ABCNewsPoli...5751454622141/

https://www.facebook.com/deutschewel...5411709172175/

https://www.facebook.com/NowThisPoli...6149267746115/

thanks and noted. Past week was stressful for me. I have kept my money (to bankroll trading in the near future) in equities ... was a sitting duck for all the forced margin selling last week.

Ai yoi we need a rest slready.

HANTAVIRUS the next big killer... really? Twitter spreads groundless MASS PANIC as man in China dies from little-known disease
HANTAVIRUS the next big killer... really? Twitter spreads groundless MASS PANIC as man in China dies from little-known disease https://www.rt.com/news/483978-coron...s-china-panic/

RABBITS AND COIN TOSSES
The defining property of the Fibonacci sequence—that each new number is the sum of the previous two numbers—was obtained from an unrealistic description of the breeding of rabbits. Nothing in this definition hinted that this imaginary rabbit sequence would find its way into so many natural and cultural phenomena. There was even less, however, to suggest that experimentation with the basic properties of the sequence themselves could provide a gateway to understanding the mathematics of disordered systems. Yet this was precisely what happened in 1999. Computer scientist Divakar Viswanath, then a postdoctoral fellow at the Mathematical Sciences Research Institute in Berkeley, California, was bold enough to ask a “what if?” question that led unexpectedly to the discovery of a new special number: 1.13198824 …. The beauty of Viswanath's discovery lies primarily in the simplicity of its central idea. Viswanath merely asked himself: Suppose you start with the two numbers 1, 1, as in the original Fibonacci sequence, but now instead of adding the two numbers to get the third, you flip a coin to decide whether to add them or to subtract the last number from the previous one. You can decide, for example, that “heads” means to add (giving 2 as the third number) and “tails” means to subtract (giving 0 as the third number). You can continue with the same procedure, each time flipping a coin to decide whether to add or subtract the last number to get a new one. For example, the series of tosses HTTHHTHTTH will produce the sequence 1, 1, 2, –1, 3, 2, 5, –3, 2, –5, 7, 2. On the other hand, the (rather unlikely) series of tosses HHHHHHHHHHHH… will produce the original Fibonacci sequence.
In the Fibonacci sequence, terms increase rapidly, like a power of the Golden Ratio. Recall that we can calculate the seventeenth number in the sequence, for example, by raising the Golden Ratio to the seventeenth power, dividing by the square root of 5, and rounding off the result to the nearest whole number (which gives 1597). Since Viswanath's sequences were generated by a totally random series of coin tosses, however, it was not at all obvious that a smooth growth pattern would be obtained, even if we ignore the minus signs and take only the absolute value of the numbers. To his own surprise, however, Viswanath found that if he ignored the minus signs, the values of the numbers in his random sequences still increased in a clearly defined and predictable rate. Specifically, with essentially 100 percent probability, the one hundredth number in any of the sequences generated in this way was always close to the one hundredth power of the peculiar number 1.13198824…, and the higher the term was in the sequence, the closer it came to the corresponding power of 1.13198824 …. To actually calculate this strange number, Viswanath had to use fractals and to rely on a powerful mathematical theorem that was formulated in the early 1960s by mathematicians Hillel Furstenberg of the Hebrew University in Jerusalem and Harry Kesten of Cornell University. These two mathematicians proved that for an entire class of randomly generated sequences, the absolute value of a number high in the sequence gets closer and closer to the appropriate power of some fixed number. However, Furstenberg and Kesten did not know how to calculate this fixed number; Viswanath discovered how to do just that.
The importance of Viswanath's work lies not only in the discovery of a new mathematical constant, a significant feat in itself, but also in the fact that it illustrates beautifully how what appears to be an entirely random process can lead to a fully deterministic result. Problems of this type are encountered in a variety of natural phenomena and electronic devices. For example, stars like our own Sun produce their energy in nuclear “furnaces” at their centers. However, for us actually to see the stars shining, bundles of radiation, known as photons, have to make their way from the stellar depths to the surface. Photons do not simply fly through the star at the speed of light. Rather, they bounce around, being scattered and absorbed and reemitted by all the electrons and atoms of gas in their way, in a seemingly random fashion. Yet the net result is that after a random walk, which in the case of the Sun takes some 10 million years, the radiation escapes the star. The power emitted by the Sun's surface determined (and continues to determine) the temperature on Earth's surface and allowed life to emerge. Viswanath's work and the research on random Fibonaccis that followed provide additional tools for the mathematical machinery that explains disordered systems.
There is another important lesson to be learned from Viswanath's discovery—even an eight-hundred-year-old, seemingly trivial mathematical problem can still surprise you.

From the book: The Golden Ratio: The Story of Phi, the World's Most Astonishing Number
by: Mario Livio

the principles laid down by the master are very solid

1) the only danger is the man in the mirror
2) for intraday equity trading in india, there are specific risks:
a: for some reason if you cannot close a short trade, you are penalized (auction, fees, tax etc etc)
b: there may not sufficient time for rescue due to the short trading duration and you have to accept defeat due to time.
again, the designs are for forex and if i fail it is my mistake to try and use it for equity market.

Master warned me earlier for i am trying to rescue on retracement wave and it could actually turn out to be the new beginning of opposite trend. i am trading on a very small amount with almost no leverage. will use leverage for rescues.

its a small account of 30K the only next smaller account is demo

NOTE: forex trading of foreign pairs is illegal in india.

Thank you for your analysis ...I must confess Im not the best elliotician. labeling waves always seemed difficult to me. Nevertheless I went back and re-read elliotts major works to brush up on my wave analysis. these are some waves that I rode today. I tried to label them but Im not sure if theyre correct or not. I found it interesting that the 5th wave ended and then broke the descending trend line (so maybe it is correct count?). wave (3) to (4) could be an expanding triangle (with 5 waves) which would mean the minor waves are labeled wrong but the intermediate (3) and (4) would be the same.

also, I knw my wave (4) enters territory of wave (1) but prices were rejected and It didn't close wave (1) territory...
How'd I do?

F FAILED

Regards

Try go back elliot basics instead of voolating wave rules.

There are only 2 types waves.

1. Trend waves 5 legged animal.
2. Retracement waves 3 legged animal

In a retracement wave there a 2 possible patterns.

Consolidation. Aka trangular.

Expansion aka broadening.

Pattern cannot trend unless is divorced from retracement waves. Rule for wave 4.
There is only 1 pattern strategise forafter wave 4.
Is called attack.

All else researched after elliots first writings. I found not works. Some Use of alternate counts even violates 1st researh. If you want you can research double zigzags. I find the brain full pf shit after 1st abc.