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Technical Analysis Fallacy

  • #3,621
  • Jul 21, 2008 1:03am Jul 21, 2008 1:03am
Quoting M-H Trader
Bed? the party is just getting started!
Typical monday morning...maybe I take my 12 pips now and go to bed too!
...darn, my scout is out and I took 13 pips...now I go to bed for sure with only 15 pips...have fun.
Empty as water and soft as a facing wind mountain
  • #3,622
  • Jul 21, 2008 1:05am Jul 21, 2008 1:05am
Hello Fti and everyone

am only up to page 191 and just watched that beautiful little blind girl. Just amazing.

well back to page 191, i am so absorbed by this thread every spare moment is taken up reading and studying. paper money arrived and haven't had time to read yet.

btw fti have you finished that book that zoran gave you

joy
  • #3,623
  • Edited 1:22am Jul 21, 2008 1:07am | Edited 1:22am
Quoting luSan
Typical monday morning...maybe I take my 12 pips now and go to bed too!
...darn, my scout is out and I took 13 pips...now I go to bed for sure with only 15 pips...have fun.
Hi,
ok. before you go hit the sack, would you be so kind to run over and let the cable booys know that the US circus is in town, heard there may be a little bear performing, LOL
  • #3,624
  • Edited 1:40am Jul 21, 2008 1:14am | Edited 1:40am
Quoting joypips
Hello Fti and everyone

am only up to page 191 and just watched that beautiful little blind girl. Just amazing.

well back to page 191, i am so absorbed by this thread every spare moment is taken up reading and studying. paper money arrived and haven't had time to read yet.

btw fti have you finished that book that zoran gave you

joy
Hi joypips,

Sure are some talented people with skills being born these days. no need to train, isn't it? wow. wonder what the parents eat?
Enjoy paper money.

Sorry, haven't found the time to finish zoran's gift yet.
Was thinking , withthe kyoto protocol, around the corner, Will just stay on the cO2 emission for just a little while more. However they would be pleased to know that my pollution capacity is reduced.

regards
  • #3,625
  • Jul 21, 2008 1:54am Jul 21, 2008 1:54am
Quoting fti
Hi joypips,

Sure are some talented people with skills being born these days. no need to train, isn't it? wow. wonder what the parents eat?
Enjoy paper money.

Sorry, haven't found the time to finish zoran's gift yet.
Was thinking , withthe kyoto protocol, around the corner, Will just stay on the cO2 emission for just a little while more. However they would be pleased to know that my pollution capacity is reduced.

regards
well done zoran will be pleased
  • #3,626
  • Jul 21, 2008 2:05am Jul 21, 2008 2:05am
Quoting joypips
well done zoran will be pleased
Hi,
he would be alittle, I guess.

What a short show, anyone noticed the bear has a long tail ( 1 hr charts)?
Wonder if theres any tickets left for the NY boys?
for now lets see if the bear parents are around.
  • #3,627
  • Edited 2:50am Jul 21, 2008 2:27am | Edited 2:50am
The cable is in trench territories,(1 hr cable)
The Big Question is, is that a bear trap?
If Cable hits a trap, watch out for panic the Eur and Yen,
So be nimble, watch carefully, no armys dould be out there now, only scouts.

little bear , mind your steps in England.
Parental guidance necessary to clear this trench hurdle.
Caution advised.

regards

Mama bear are you around.
Can't see you ???
  • #3,628
  • Jul 21, 2008 2:52am Jul 21, 2008 2:52am
Quoting fti
Hi,
he would be alittle, I guess.
I'll be very pleased when you finish that book fti. I hope my gift will give you an extra 10 or more wonderful years of you life to enjoy with your family and to spend your fortunes!

So what is it, a bear or bull?
Attached Image
  • #3,629
  • Edited 4:09am Jul 21, 2008 3:22am | Edited 4:09am
Quoting Zoran
I'll be very pleased when you finish that book fti. I hope my gift will give you an extra 10 or more wonderful years of you life to enjoy with your family and to spend your fortunes!

So what is it, a bear or bull?
Hi Zoran,
Thanks , for the gift, will get on it as soon as I find the will to do so.
More, good years, sounds nice, God willing.
My grand father live to a ripe 91, My mom's dad, he's still around and have passed he 90 mark. So I hope the genes are around. My dad did 73, so the question, do I have them in me?

Basically , I am bias bear from the charts, only thibgy is mama bear doesn't seem to be around. There no smell of BS yet , only fear they could be hidden in the cable trench. May have to wait for NY toseeif mama shows. for now I am squared. collected some add ammo for the NY zone battle.

Note that the daily trend are in coils yet. So it doesn't matter, bull or bear.
But try not to be caught snowballed big time on he wrong side. then muskets bearings required.

regards

Was boared so I was watching Gibson's Pyramids of the Illuminati - Waste's Apocalypso video.
Scary mind bending stuff and propaganda
Inserted Video
  • #3,630
  • Jul 21, 2008 4:00am Jul 21, 2008 4:00am
Quoting fti
Hi Zoran,


Was boared so I was watching Gibson's Pyramids of the Illuminati video.
Scary mind bending stuff.
http://www.youtube.com/watch?v=wMD6_cQ5Lis
Hi fti

I think you would enjoy the book "Confessions of an economic hitman" written by John Perkins

Economic hit men (EHMs) are highly paid professionals
who cheat countries around the globe out of trillions of
dollars. They funnel money from the World Bank, the
U.S. Agency for International Development ( USAID) ,
and other foreign "aid" organizations into the coffers of
huge corporations and the pockets of a few wealthy families
who control the planet's natural resources. Their tools
include fraudulent financial reports, rigged elections ,
pay() s, extortion, sex, and murder. They play a game as
old as empire, but one that has taken on new and terrifying
dimensions during this time of globalization.
I should know; I was an EHM.
John Perkins

regards
DutchAngel

I have the pdf if you want it.
Hope isn't a viable investment vehicle.
  • #3,631
  • Jul 21, 2008 4:05am Jul 21, 2008 4:05am
What was that ? NY guys just decided to push dollar up...or any reason for this strength ?

Should we start preparing attack ?
  • #3,632
  • Jul 21, 2008 4:23am Jul 21, 2008 4:23am
Quoting hemal011
What was that ? NY guys just decided to push dollar up...or any reason for this strength ?

Should we start preparing attack ?
Hi,
Don't know yet. Just books squaring out, I guess.
Chartwise, the trench in cable is snooking the smaller market players.
Note that today is thinner markets due to Far East , off.
So be nimble yet.
I cannot see any signs of a USD bull yet.
It is likely sweeping range.

The undertone bias is a stronger USD, but the time vortex is not inline.
So time window is out of line.
Look for direction from the NY boys, have patience and be nimble.
Remember daily charts are still in coils, You could be trading bulls or bears, doesn't matter. But manage prudent;y, until clearer signs surfaces.
For term players , these are trying times.

regards.
  • #3,633
  • Jul 21, 2008 4:27am Jul 21, 2008 4:27am
Quoting DutchAngel
Hi fti

I think you would enjoy the book "Confessions of an economic hitman" written by John Perkins

Economic hit men (EHMs) are highly paid professionals
who cheat countries around the globe out of trillions of
dollars. They funnel money from the World Bank, the
U.S. Agency for International Development ( USAID) ,
and other foreign "aid" organizations into the coffers of
huge corporations and the pockets of a few wealthy families
who control the planet's natural resources. Their tools
include fraudulent financial reports, rigged elections ,
pay() s, extortion, sex, and murder. They play a game as
old as empire, but one that has taken on new and terrifying
dimensions during this time of globalization.
I should know; I was an EHM.
John Perkins

regards
DutchAngel

I have the pdf if you want it.
Thanks, Wouldn't mind reading it at all.
Send me when suits.
But always remember , to ponder, why these people are blowing whistles.
There may be hidden agendas , sometimes.

Its ok to read, but people must have a good head to think.
A little knowledge is a dangerous thing.

regards
  • #3,634
  • Jul 21, 2008 4:57am Jul 21, 2008 4:57am
"USD Futures gain after BoA results" --> Seems to be the trigger of sudden jump after 7:00 AM EST.
  • #3,635
  • Jul 21, 2008 5:07am Jul 21, 2008 5:07am
Quoting DutchAngel
Hi fti

I think you would enjoy the book "Confessions of an economic hitman" written by John Perkins

regards
DutchAngel
DutchAngel, you might enjoy this then:
http://www.playboy.com/magazine/features/lockheed/
  • #3,636
  • Jul 21, 2008 5:44am Jul 21, 2008 5:44am
Quoting hemal011
"USD Futures gain after BoA results" --> Seems to be the trigger of sudden jump after 7:00 AM EST.
Hi hemal011,
well this is the probelms of illiquid markets.
Now that the interbank is not liquid (on sectorial holiday)the CME becomes the market.
The disfference is that CME locals are not market makers, therefore does not provide liquidity,
they will only lean on orders, and the papers there are not large , so you may experience , what leighsww calls, the funky chicken dance.

This is why I sometimes wonder , when prople have the most liquid markets to trade, why they trade illiquid cross pairs. Then diversification across these pairs creates for them liquidity risk. notwithstanding wider spreads ...etc
When I was at bank, whenever I get hit in illiquid crosses by customers, I had to resort to crossing the positions out to liquid markets to manage. However, seems that traders perspectives tend to be different.

regards
  • #3,637
  • Jul 21, 2008 5:47am Jul 21, 2008 5:47am
Quoting piccolo
DutchAngel, you might enjoy this then:
http://www.playboy.com/magazine/features/lockheed/
Hi, by the way, whats the link to?
It seems to be blocked by ISP here.

regards
  • #3,638
  • Jul 21, 2008 5:52am Jul 21, 2008 5:52am
Hi MaMood,
you seem to be right.
Markets on range play.
Probably the illiquidity may cause gapping moves.
Shields Up.

regards
  • #3,639
  • Jul 21, 2008 6:01am Jul 21, 2008 6:01am
Quoting piccolo
DutchAngel, you might enjoy this then:
http://www.playboy.com/magazine/features/lockheed/
to have such indepth article on playboy site amused me i cant even concentrate on reading it properly ,
not sure on other pairs but in yen case , usd seems to be strengthening and continuing its moves from friday ...
ah now i know what happens when theres a regional holiday , cme becomes part time market maker ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #3,640
  • Jul 21, 2008 6:01am Jul 21, 2008 6:01am
Quoting fti
Hi, by the way, whats the link to?
It seems to be blocked by ISP here.

regards
@ fti
It is an article on Lockhead (a defense contractor for u.s.) and how they are thriving on the war in Iraq. Have not finished reading it yet.

@piccolo
Thanks for the link.
Hope isn't a viable investment vehicle.
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