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Technical Analysis Fallacy

  • #3,681
  • Edited 4:11am Jul 22, 2008 3:37am | Edited 4:11am
rescue 3 + scout = new scout base

ok, have some time.

note examples:

Tropical storm Dolly. If it hits the Gulf of Mexico oil rigs, oil price will be influenced = fact

It could build up to a Hurricane in the next 24 hours.= opinion

Gold is up $9 = fact

...so dollar weak? = opinion, err was bias question.

dollar weak= opinion

Misora Hibari = ease boredom and tension

Inserted Video

=

= giving God his share of the worry,,,,,
Sure get him involved.........
  • #3,682
  • Jul 22, 2008 4:11am Jul 22, 2008 4:11am
Standby for new level 2 attack sequense.

notice yen crosses still at it.
be aware.
  • #3,683
  • Jul 22, 2008 4:12am Jul 22, 2008 4:12am
Quoting fti
rescue 3 + scout = new scout base

ok, have some time.

note examples:

Tropical storm Dolly. If it hits the Gulf of Mexico oil rigs, oil price will be influenced = fact

It could build up to a Hurricane in the next 24 hours.= opinion

Gold is up $9 = fact

...so dollar weak? = opinion, err was bias question.

dollar weak= opinion

Misora Hibari = ease boredom and tension
Hi fti,

I got your message.
May be this bad habits are still with me, because my dancing skills are some times very poor..... But I promise improvement.

By the way, just to learn a little more about the use of the 3Kgds:

Do you see any anomalies in the 3 Kgd at the moment?
Anything that is worth to be noted or could help me by identifying times to be careful with my dancing??
  • #3,684
  • Jul 22, 2008 4:16am Jul 22, 2008 4:16am
Quoting MaMood
Hi fti,


Do you see any anomalies in the 3 Kgd at the moment?
Anything that is worth to be noted or could help me by identifying times to be careful with my dancing??
notice yen crosses still at it.
be aware.
  • #3,685
  • Jul 22, 2008 4:18am Jul 22, 2008 4:18am
attack om Eur/USD deployed
Buying Eur for USD
  • #3,686
  • Jul 22, 2008 4:39am Jul 22, 2008 4:39am
standby attack level 3


level 3 attack deployed
  • #3,687
  • Jul 22, 2008 5:04am Jul 22, 2008 5:04am
Quoting fti
standby attack level 3


level 3 attack deployed
Thank you for your excellent insight throughout this forum.
  • #3,688
  • Jul 22, 2008 5:14am Jul 22, 2008 5:14am
Quoting forexnetworth
Thank you for your excellent insight throughout this forum.
Hi forexnetworth,

Thank you for your kind words.
I hope many may get a new perspective to trading
and that some may polish their skills along the way.

regards

Now you have some profits from attack level 2
near Eurusd 12 levels,
as market stabalises, try to get them out , slowly,
and toward 30 , do it slowly for level 3 positions until you are left with the scout out there.
Leave only the oldest scout,
new scout base should be slowly exited.
This is to conserve ammo for Ny zone.

This coil is very very tight now,
We shall reaccess analysis later, when NY comes in.
  • #3,689
  • Jul 22, 2008 5:38am Jul 22, 2008 5:38am
Hi
30s not coming.
ease the positions to most comfortable,
remember the skew plays again at NY.
so have a comfortable base,
evaluate how a rsucue may look if it is required,
Also what an attack will be like.
Are you comfortable with the base?
then half that position.

Check the calander for any IMPORTANT fig releases ,
esp US figs,

Keep abreast the markets talk.
Today seems nothing.

I am left scout, cu later.
  • #3,690
  • Jul 22, 2008 6:05am Jul 22, 2008 6:05am
Wow great story fti!!! Have you ever heard of 23 minutes in hell? it is also a real account and very moving and touching. I wanted to post a link but it is in 8 parts. So if you are bored and you have a few minutes check it out coz i guarentee it will touch your heart.
  • #3,691
  • Jul 22, 2008 6:06am Jul 22, 2008 6:06am
Uuuuuups - what's going on?
Nice momentum ....


Oh I found the reason: Wachovia figures out. Here the details:
http://www.finanznachrichten.de/nach...l-11336098.asp
  • #3,692
  • Jul 22, 2008 6:36am Jul 22, 2008 6:36am
Quoting MaMood
Uuuuuups - what's going on?
Nice momentum ....


Oh I found the reason: Wachovia figures out. Here the details:
http://www.finanznachrichten.de/nach...l-11336098.asp
oops, talk about timing.
Gotta go for dinner first.
scout should be in safe territories.
cu later
  • #3,693
  • Edited 7:04am Jul 22, 2008 6:38am | Edited 7:04am
Good morning/afternoon/evening everyone.

Euro has found itself a nice tight range here, with an absence of big news going into NY, dance nimbly today.

Talking heads (Paulson) about to start.
  • #3,694
  • Jul 22, 2008 7:37am Jul 22, 2008 7:37am
OMG, whats that lump floating in the river.
OOps its my scout !

Paulson talks,Ok, they mean business.
Burying scout now.
  • #3,695
  • Jul 22, 2008 7:38am Jul 22, 2008 7:38am
Gosh...PA dropped 50 pips on Paulsen announcement that US rate hike will come sooner than later...is this for real?....
I picked up 20 of these...have enough for the day...now we just watch this show.
Empty as water and soft as a facing wind mountain
  • #3,696
  • Jul 22, 2008 7:44am Jul 22, 2008 7:44am
Quoting luSan
Gosh...PA dropped 50 pips on Paulsen announcement that US rate hike will come sooner than later...is this for real?....
I picked up 20 of these...have enough for the day...now we just watch this show.
Yes, Lusan ,
thats the precusor for things to come.
These people don't Joke !
start initiaing small usd buyings,
the whole terrain has changed.
This is no drill,
Battle stations.

Standby BullUSD scout( doublr strength)
  • #3,697
  • Jul 22, 2008 7:45am Jul 22, 2008 7:45am
Scouts deployed

Standby attack L2
Standby rescue L2 as well. rescue L2 sells EURUSD into 1.5895/00 range if able.
Standby rescue L3
  • #3,698
  • Jul 22, 2008 8:00am Jul 22, 2008 8:00am
attack L2 deployed

standby rescue L3
standby attack L3

attack L3 deployed
  • #3,699
  • Edited 8:20am Jul 22, 2008 8:04am | Edited 8:20am
standby L4 rescue
stand L4 attack


for ref my levels
scout 90
L1 82
L2 75

R4 deployed 84
  • #3,700
  • Jul 22, 2008 8:17am Jul 22, 2008 8:17am
Quoting fti
standby L4 rescue
stand L4 attack


for ref my levels
scout 90
L1 82
L2 75

That seems to be some kind of tango today.
How often do you bring out Level4 missions?
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