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The Ultimate Fallacy in Technical Analysis 99 replies

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

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Technical Analysis Fallacy

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Quoting fti
https://youtu.be/aKu04xhEU7I
Lots of fake today, sometimes hard to tell what's real. Maybe real doesn't even exist cable was a wild lady today, seems big powers on opposing ends, maybe China and India using her to see who is stronger?

https://en.wikipedia.org/wiki/Lighth...l_urban_legend
http://www.irishidentity.com/extras/...es/british.htm
  • #62,264
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  • Edited 5:52am Jun 17, 2020 4:59am | Edited 5:52am
Quoting fti
Question 5 wave trend has 5 major legs. How many legs has extended 5 wave trend?
Not much discussion, so my answer is nine... an extended leg has another 5 wave formation, which is one of the three legs, 1, 3 or 5.

Can I ask fti, as a market maker, do you know why action is impulsive in direction of trend? You were providing price?
  • #62,265
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  • Edited 7:02am Jun 17, 2020 6:46am | Edited 7:02am
Quoting Zoran
{quote} Not much discussion, so my answer is nine... an extended leg has another 5 wave formation, which is one of the three legs, 1, 3 or 5. Can I ask fti, as a market maker, do you know why action is impulsive in direction of trend? You were providing price?
Manipulative buying and selling in market place by vested interest.
Why?

When can move markets, show of power
Show of influence.
Create invisible wealth.

Regards
Hahahaha sticks and stones.
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Up next.

Airplsnes dropping stones??

No samurai?

Stones more effective with wishbone rubber bands la.

Or make.....

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  • #62,269
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  • Edited 8:09am Jun 17, 2020 7:39am | Edited 8:09am
Eeer where the film crew?

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  • #62,270
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  • Edited 9:52am Jun 17, 2020 8:51am | Edited 9:52am
Quoting fti
{quote} Manipulative buying and selling in market place by vested interest. Why? When can move markets, show of power Show of influence. Create invisible wealth. Regards
If we are trading close to market, one bar at a time, can we consider waves as hip to lop and lop to hip? Even sometimes a leg is just a bar?
Quoting fti
Hahahaha sticks and stones. {image}
They are getting ahead of themselves, apparently WW4 will be fought with sticks and stones.
  • #62,272
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  • Edited 11:36am Jun 17, 2020 10:21am | Edited 11:36am
Quoting Zoran
{quote} If we are trading close to market, one bar at a time, can we consider waves as hip to lop and lop to hip? Even sometimes a leg is just a bar?
Have you met a man eating duck yet?

Regards

Depends...strategies of a positive book and a negetive book is not the same.
Desperate books requires to...
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Fed’s stock market manipulations will lead to ‘another bubble & major meltdown,’ chief strategist tells Boom Bust https://www.rt.com/business/492129-u...market-bubble/
  • #62,274
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  • Edited 4:55pm Jun 17, 2020 2:09pm | Edited 4:55pm
Quoting fti
{quote} Have you met a man eating duck yet? Regards Depends...strategies of a positive book and a negetive book is not the same. Desperate books requires to... {image}
Thanks.. just have waves on my mind... while we are talking about them, another observation, about Elliot, 5 wave structure but most teaching also have ABC corrective. Do you discard this ABC stuff? I can't remember you ever mentioning them.
  • #62,275
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  • Edited 9:45am Jun 18, 2020 9:19am | Edited 9:45am
Where your suits.
Whats that sticking ? out

Picture with intestines? Picaso.
I always ask need draw intestines meh.
Someone did
it.
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Recovered 10% loss of one day in 3 weeks.

i was trading against Trend, rescue, more rescues put book in loss, i cut it at 10%, and walk away for a week.

after that slowly and gradually recovered it in next 3 weeks. now even.

feeling nice. Learnt so many lessons, so many in past one month.

At the end market is the only teacher.

it took me 1 year to get in the head that i can not move market, i have to move as per market. no bias, no past, no future, only now and risk and book and strategies.

i have started appreciating FTI MO more and more, with enhanced market understanding.

Eagal known for its speed to kill, not to stay with the pray in the hope of killing it one day.
Kill or no Kill has to be fast and swift.
If it won't fly back in time, may become food for ground animals.

Why i took this much time to get it in the head. Anyway get it now.

Thank you friend FTI.

i have restarted reading from page 1 again. Some one said, you need to read at least 3 times to get it in his book. seems true for the thread too.
Quoting fti
https://youtu.be/aKu04xhEU7I

I think that this is an urban legend

https://en.wikipedia.org/wiki/Lighth...l_urban_legend
Macro=Direction, Levels & Structure = Entry
"Exclusive: Massive spying on users of Google's Chrome shows new security weakness" - http://uk.reuters.com/article/uk-alp...-idUKKBN23P0JM
  • #62,279
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  • Edited 2:45pm Jun 18, 2020 2:34pm | Edited 2:45pm
Quoting antmindset
Recovered 10% loss of one day in 3 weeks. i was trading against Trend, rescue, more rescues put book in loss, i cut it at 10%, and walk away for a week. after that slowly and gradually recovered it in next 3 weeks. now even. feeling nice. Learnt so many lessons, so many in past one month. At the end market is the only teacher. it took me 1 year to get in the head that i can not move market, i have to move as per market. no bias, no past, no future, only now and risk and book and strategies. i have started appreciating FTI MO more and more, with...
10 years old song, 2002
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I heard that sing before. Real old.
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Barberettes2left

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