Technical Analysis Fallacy | Page 3144 | 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

  • #62,861
  • Oct 29, 2020 10:20am Oct 29, 2020 10:20am
Quoting fti
To understsnd evil. Watch this. Evil at its worst. Hold all by their balls. Extortion. Blackmail? They will be dead corp soon. The world is watching. Monopoly sins. Actually no one wants it. Too much bugs. No maater if its capable go to the moon. No one wants crash. Die worst than betamax. Everyone on vp9 now. China i heard gostern engineering it. The purpose of a pencil is for writing. Some extends its uses for scratching arsehole. https://youtu.be/V5Cqxz69EcE
Just catching up with thread, been out for a few weeks...

I always use CCCP (Combined Community Codec Pack), free with all codecs you need.
  • #62,862
  • Oct 29, 2020 8:58pm Oct 29, 2020 8:58pm
Quoting fti
{quote} Noted. Just tell the pussy, master can't , kick him on his privates hard. Is most effective. Will drive his chi to his brains and have accident there. Regards By the way, I have 1 khukri, aced more than 5 chicken curry in its active duties. I know master with broad swords not even 1 head count. I remember 1 scouter have beautiful looking master of the universe blade. 0 stars. Is not difficult, twist head, pluck feathers and slit. Hang upsidedown drain the juices. Clear andiand wash insides. Walla chicken curry. One day maybe I write manual...
Love curries , gonna try this one ..
Never said I was Batman,all I'm saying is you'll never see us together.
  • #62,863
  • Oct 29, 2020 9:02pm Oct 29, 2020 9:02pm
Quoting fti
Over half of Europe’s smaller firms may be bankrupt within a year – McKinsey poll https://www.rt.com/business/504235-e...krupt-covid19/
Here in NZ we are also seeing cancer treatment waiting times more than doubling and ALL the politicians and media are ignoring this crisis . Sinister times .
Never said I was Batman,all I'm saying is you'll never see us together.
  • #62,864
  • Oct 29, 2020 10:19pm Oct 29, 2020 10:19pm
Quoting xetatrader
I totally agree with this opinion. I have to ask if technical analysis works for timeframes such as the weekly, like has anyone had any success using TA only for weekly timeframes?

A few points that may help that improved my trading on all timeframes and not rely on indicators . If you want to improve you have to work .

Learn PA and order flow techniques and look at a chart from a strong hands ( pro traders who understand orderflow ) and weak hands viewpoint (numpties). Kind of who's doing what from a trading and psychological perspective .
Get to know your instrument as different instruments have different styles of trading and over time you'll learn to recognize a EUR/USD strong hand trader's style-pattern and their techniques for opening AND closing trades .

A common practical example for eur/usd would be not all wide spread up bars are a sign of strength , the strong hands will quite often "sell to open" into these quick moves and you want to be on their side because if they're selling price WILL reverse. Research these moves and note the time of day , where they occur in chart context , volume , up trend or down trend etc to get a fuller picture and improve your odds .
Never said I was Batman,all I'm saying is you'll never see us together.
  • #62,865
  • Edited 4:23pm Oct 30, 2020 3:51pm | Edited 4:23pm
Quoting headfake
{quote} A few points that may help that improved my trading on all timeframes and not rely on indicators . If you want to improve you have to work . Learn PA and order flow techniques and look at a chart from a strong hands ( pro traders who understand orderflow ) and weak hands viewpoint (numpties). Kind of who's doing what from a trading and psychological perspective . Get to know your instrument as different instruments have different styles of trading and over time you'll learn to recognize a EUR/USD strong hand trader's style-pattern and their...
I didn,t show you trade with this wrong mindset.
I showed you continuous price trend following. With consistent trend leading while profit taking all the duration of the trend. I never try outguess market intents. But always responding to her dance/que.

Read thread carefully.

You cannot see strong hand or flows, unless you are market maker. I didn't show market making tech on this retail thread. Not possible for retail use market maker strategies.
There is only 2 patterns. Trend and congestion. Sometimes you will be on wrong flow. That's why I showed you how to damage control and pee on wind.

Although instrument tendency you mentioned is correct, but your profitability is not dependent on that. Is dependent on consistency of profit taking book. If you follow the mo I showed you, you will have good pips when correct and small pips to BE if wrong.
Loss is not possible, unless u rogue.

Regards

Rogue= too smart for your own good.
  • #62,866
  • Edited 4:52pm Oct 30, 2020 3:52pm | Edited 4:52pm
Ai yoi
Sangat mari nakal Moto u not black leh.
nov1975, marienakamoto, bass isaosuzuki, g kazumiwatanabe.
Inserted Video


I type ai yoi, bastard keeps changing to ai you. 4th edit/change
Now you understand why 737 max crashed.
Too many stupid auto bastards. With tons bugs thinks they too smart for their own good.

These stupids should never be allowed manage anything. Rogue.

We wait see how many auto taxis drive out to sea to drown passengers. We wait .
  • #62,867
  • Oct 30, 2020 6:18pm Oct 30, 2020 6:18pm
Quoting fti
{quote} I didn,t show you trade with this wrong mindset. I showed you continuous price trend following. With consistent trend leading while profit taking all the duration of the trend. I never try outguess market intents. But always responding to her dance/que. Read thread carefully. You cannot see strong hand or flows, unless you are market maker. I didn't show market making tech on this retail thread. Not possible for retail use market maker strategies. There is only 2 patterns. Trend and congestion. Sometimes you will be on wrong flow. That's...
Was shown some orderflow techniques from a pro years ago using volume, wrong thread . Will read this thread again next few days.
Never said I was Batman,all I'm saying is you'll never see us together.
  • #62,868
  • Oct 30, 2020 11:36pm Oct 30, 2020 11:36pm
Quoting headfake
{quote} Was shown some orderflow techniques from a pro years ago using volume, wrong thread . Will read this thread again next few days.
Flow reading is not WRONG tech.
But it's not accessable, not at retail level.
Is only accessable to dealers who watch stops for CBS and very large customers.
Very large means limit ods in excess of 100 Mio USD and above.
These only accessible to dealers tier 1.
Even tier 2 and tier 3 cannot see.

If I my trade is based on reported volume , I might as well trade with info I received 50 years ago. Would be of same usability.

Truth is info at retail levels is as good as a cow with noose around its nose. All hyped bullshit.
Regards

Ability use market tempo find the market dance, now that's different story.
1st requirement is nimble. Cannot be studied.
Is a trader character.

Hero's also have character, charisma.
Try study that.
Those who need study, big signage, full bs.
Is called sex appeal.
  • #62,869
  • Edited 2:03pm Oct 31, 2020 1:38pm | Edited 2:03pm
https://mustsharenews.com/creepy-dolls-singapore/

https://www.buzzfeed.com/crystalro/c...annabelle-doll

We're I need borrow Annabelle please.
Ooops wrong bell.
Inserted Video


Market bells super scary.
  • #62,870
  • Oct 31, 2020 2:45pm Oct 31, 2020 2:45pm
Am one of this newbie stuck in the conundrums of Charting tools and "fundamental" news that have proved sceptical to manipulation. I have blown lots and lots of account. Yet have been warned that 98% of maniacs like me always go home crying at the end of a "normal" trading day. Yet we still come back "begging" luck and brokers for admission.

I certainly don't know what works.
But am always prone to absorption of new "gurus methodologies", "gurus analycts" and everything guru. Perhaps a concrete reason why I fry my account more often than "abnormal". Or just being a Kenyan warrants me stubbornness of never giving up.
Certainly today from you have heard new stuff. The market structure, the me and capitalisation. This capitalisation you will shed more light on. Today have dug more on market structure. About me as me, I just know i won't give up. Until i find the antidote to my malaise. Administer me more dose guru
  • #62,871
  • Edited Nov 1, 2020 2:38am Oct 31, 2020 8:37pm | Edited Nov 1, 2020 2:38am
Quoting Cenaci
Am one of this newbie stuck in the conundrums of Charting tools and "fundamental" news that have proved sceptical to manipulation. I have blown lots and lots of account. Yet have been warned that 98% of maniacs like me always go home crying at the end of a "normal" trading day. Yet we still come back "begging" luck and brokers for admission. I certainly don't know what works. But am always prone to absorption of new "gurus methodologies", "gurus analycts" and everything guru. Perhaps a concrete reason why I fry my account more often than "abnormal"....
Hahaha
Kenyan cenaci, I call you cen callsign.
You just asked me rewrite this thread. Hahahaha.
Since you said you won't give up.
I will do another 3000 pages just for you.
And if you give up before I kick the bucket, then you lose. I lose.

1st lesson.
Don't be the rabbit, that throws away the carrot in your hands everytime you find a new carrot. That's one way never know which is the good carrot.

Please furnish me some info about you, so that I can have little idea if you is trainable material.
No personal info please, just your mind thoughts. We start with if you know how you blew the accounts.

I suspect is leverage. Anyway tell me.
And don't worry about sounding stupid.
Otherwise you would be making tons money from markets.

Regards
  • #62,872
  • Nov 1, 2020 1:28am Nov 1, 2020 1:28am
Great.
First I scalp. One 1minute chart. Using four indicators with three the confirmation of the one of them. It goes pretty well most of the time, you scalp here and there and get the urge to do more. And it works most of the time but certainly looks like I can't beat the "house" all the time.
Now.... since my wins are little here and there.... ofcourse the drip drop that would fill a bucket.... trouble hits when devil lands on the bucket and spills not only the water but breaks the tap too.
I dont trade when major news are upcoming.. and i religiously stick to breaking news here and there... just working oversold and overbought off rsi, mfi, macd and adx... I think the big issue has been identification of the "main trend". Then your holliness the guru you brought in something new on market structure... had heard of it before but under a different jargon called "higher lows higher highs lower low lower highs" . But just by you dropping that name you made it a little simpler. I think you owe me your personal mail doctor. Or even perhaps your whatsapp number. That is if you dont want me dead and out frustrated from this world that you know plenty of
  • #62,873
  • Edited 2:48am Nov 1, 2020 2:36am | Edited 2:48am
Quoting fti
{quote} Hahaha Kenyan cenaci, I call you cen callsign. You just asked me rewrite this thread. Hahahaha. Since you said you won't give up. I will do another 3000 pages just for you. And if you give up before I kick the bucket, then you lose. I lose. 1st lesson. Don't be the rabbit, that throws away the carrot in your hands everytime you find a new carrot. That's one way never know which is the good carrot. Please furnish me some info about you, so that I can have little idea if you is trainable material. No personal info please, just your mind thoughts....
Wow, looks like someone trying to bs me.
I no train peeps who no dedication and honour.
You ask for help and you make as if I need yours.
Sayonara cen.
Otherwise you can write 1 whole page of excuses. Maybe I will be the sucker.
But unlikely.
Or you can be like silent majority. Learn from others questions. Read 3144 pages.
You see I am expert analyst. You just failed in bullshitting me. You only want to learn what you want to learn. Search for that yourself. you already know the result of your learning curve.
Is steep backwardation and splash.

Peeps keep doing what they doing and fail every time. And they wonder why?
  • #62,874
  • Edited 5:50am Nov 1, 2020 3:04am | Edited 5:50am
I just realise.
The same one trick ponys.
They doing the same stupid.

The Corona is man made weapon.
Nearly 1 year ago, no one knew of its character and characteristics.
Now 1 year later we know that this virus is airborne on air streams. It mutates and functions in stealth mode.
Still we are stupidly waiting vaccine, which has not arrived. May not work, maybe.
All businesses need reinvent business models cope with the change. But all the stoogers are doing is lockdown and face burka.
Everybody put responsibility on govts.
When was unknown dangers, govt contained by lock down.
Now all still only know lock down, when is each individual's responsibility find ways protect themself. All the lame businesses just waiting govt bailout, and they say they is private enterprises. I think they lame ducks.
Same like some traders, one trick pony with little brain matter. Only thing they have is chip on their shoulder.

After this Corona is released into the world. Now you cannot kiss any woman you want to any more. Use brain or die. You catch it and your whole family kaputs.
Why they die? Because they stupid cannot adapt and change. Social animals cannot change. Will all die until day when you nearest neighbour is 5 miles away. Before new habits develops stay alive.
Inserted Video


Hahahaha
Peeps have such thick in the egos.
And they think, oh why we all dying?
Use brain, think and grow.....beard.
I just wait for govt sit on their hands and watch the undisciplined all die.
Is cheaper. Just burn em all.

After the floods now the fire.flaming swords.

And they ask, WHY?
WHY no bailout Ka?
Dang communist masquarating as capitalist economies.
Bailout bailout bailout.
I pay taxes Woh, why no bailout huh?
Mec dick care, hahahaha dick care.
Ok you get MC.
Is ok just let the doctors die helping you without safety first, they stupid?
They forget, this disease still has no cure.
Is death sentence.
At least leprosy, you have your pieces fall off.
This one is fine and 1 Min later dead. No warning. Is like everywhere snipers lurking.

Inserted Video
  • #62,875
  • Edited 11:51am Nov 1, 2020 4:42am | Edited 11:51am
Wear your dang helmets.
Infection? It has no smell. Tasteless and unseen.
Inserted Video


Attached Image


Ai ya worst than antu.
Hehehehehehe
Inserted Video

Camping? Anyone?
You are advised wear white so that I not mistake youfyou boar. hor
And antie no let hair down.
May mistaken for antu

Hahahahahahahahahaha
Please watch only 50 seconds.
I cannot find the trailer.
More than 50 seconds on your own risk. Hahahaha. None of my business.
HAHAHAHA HAHAHA HEHEHEHEHEHEHE
HAHAHAHAHAHAHAHAHAHAHAHA
Inserted Video

Hahahaha forgot to translate.
"Boonk, boonk, when alive was difficult.
Dead is also difficult."
Hahahaha

Wah, ai yoi, naughty naughty.
Inserted Video
  • #62,876
  • Nov 1, 2020 5:23am Nov 1, 2020 5:23am
I am engineer by training ...
  • #62,877
  • Edited 11:45am Nov 1, 2020 10:35am | Edited 11:45am
Quoting fxkacper
I am engineer by training ...
Ya, ok
Happy Helloween.
Inserted Video
  • #62,878
  • Edited 3:08pm Nov 1, 2020 12:25pm | Edited 3:08pm
Ai ya why fighting leh
she missing in jungle long time already.
Give kind rest

Inserted Video


Eeeer big fight.
No trick ke treets.
Wizardcraft. Pinscraft.
https://m.youtube.com/watch?v=FjuEKUTT02A
  • #62,879
  • Edited 10:29am Nov 2, 2020 4:47am | Edited 10:29am
Eeeeeer more auntie?
Ok whose friend?
Attached Image (click to enlarge)
Click to Enlarge Name: Halloween-Pumpkin-014.jpg Size: 611 KB

Inserted Video


Inserted Video


Inserted Video
  • #62,880
  • Edited 10:59am Nov 2, 2020 10:38am | Edited 10:59am
Ahhhhhh happy makam.

Inserted Video


Ooooops new one? Wah very clean.
Attached Image (click to enlarge)
Click to Enlarge Name: 20201103_005631.jpg Size: 197 KB
8 traders viewing now