Technical Analysis Fallacy

Quoting maheswara

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sir watch out , we are on the same time zone , i went and had my sleep n u r still battling out ?
im ashamed of myself now
why the bad news for dollar by the way ...

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Quoting fti

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Hi auxesis,
I think market actually has a reason to go somewhere.
But big daddy took away the keys to the wheel.
So no ride on the town.
I smell them, but no ones's seen him,
Likely the proxy in , the question is who??

regards

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Quoting fti

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S x 3 x 15748
back to only 3 legged scout.
attack failed lost 6 pips to tokyo boys.

gonna catch like 3 hours sleep.
Hope I would wake up, If I never do then thats it.

regards

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Quoting fti

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Hi,
Would you like to send it to all the news papers in US,.
Boy am I tired, losing focus, once I get some positions out for lunch, I will try to get a little rest before London , but I guess they are clue less too.

regards

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Quote

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"From the perspective of the individual trader, each price change, every up or down tic, is an opportunity to get into, detract from, add to, or liquidate a position. What each individual trader perceives in relationship to what is or isn't available ~

1) how he interprets what he perceives;
2) what he decides;
3) what he expects.

What he does and how he feels about the results is all a function of what he believes about the nature of trading.

The real secret behind why trading is so difficult to master is because few people are genuinely sincere about their willingness to adapt themselves. What makes it even harder is that the next winning trade can make all of this seem completely unnecessary."

, Mark Douglas

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"So regardless of how highly developed one's trading strategies become, the act of trading will still violate the integrity of any belief that is in conflict with the act of trading, or making money from trading.

Eventually, the unexpressed energy accumulating in these conflicting beliefs will build to the point where the trader will find himself behaving in a manner completely inconsistent with his trading rules or intent to make money.

Often, he will even be aware that he is about to make a trading error, watch himself do it, and at the same time either feel powerless to stop himself, or won't stop himself until he has lost enough money to compensate for the imbalance in his mental environment."
, Mark Douglas

Quoting auxesis

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I'm banking that you'll wake up!

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Quoting Green_David

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Good morning

Didn't sleep all night untill now? Well, no sleep whole night and with cigarettes, these can really do harm to your health. I am really really worried about your health.

I did some statistcs about trading sessions and found out that without significant news, most of times the volitility is small or non-continued trend during the afternoon NY session to morning Asia session. Therefore I gave up that period of trading. This is for your reference.

I strongly recommend you take concern of your health. The endless money and profits are always there in the market, so take a rest for your health. Anyway, the best time period is still London session which covers afternoon Asia session and morning NY session.

To you I think the market is a bank ATM, but still better restore your energy, efficiency and alert for the best trading time.

Regards.

Concerned David

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Quoting jest1081

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Steppng back,

i was reading a thread in the members forum http://www.forexfactory.com/showthread.php?t=40638

and pounced upon a post i made a year back... qouted from Mark Douglas, it makes me ponder abt my own developments, why i sometimes found it hard to adapt even up till today, the scorpion is still alive and well,

Abt acceptance and adaptaion,



Abt trading systems and why rigidity is only imposing upon ourselves unneccesary pain,



reflecting back...

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Quoting indianguyinny24

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Will do just wanted to ask before...

Anyhow i read the Reminiscences of a Stock Operator - Edwin Lefevre

nice read... couldnt find the adam smith paper back yet... any way i can find on net....

V

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Quoting fti

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Hi jest,
your quotes by Mark Douglas is catching my attention, He seems to know what he is talking about. If you think I was cryptic. You try to decipher what he says, it is true.

I'll disect it in a little,

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Quoting fti

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Hi David,
I am humbled by your concern. I am within limits, .the fight is not about money any more. It about this dishounourable manipulating of the markets by some hidden force. I wanna beat it. Had never seen it like this before in my career.

Thank you for your concerns, but really I feel more alive with this battle than without it.
Battlestations my friend.

regards

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Quoting fti

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Hi ALL,
The terrain changes, is the bias valid, lets see.
Isn't it a little too early to see London boys in?
If this orders driven then it is real, otherwise it is just sweep.
problem is I can see no order flows.

Thank G, they were just sweeping the 30 support.

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Quoting fti

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This is why the attrition rate for dealers is very high. What he says is true, apart that it happens to the dealing and trading community, it is also happening here on this thread.

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Quoting indianguyinny24

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FTi,

Just wanted to ask anyone ... ia ms till on page 29 and trust me i have some question....

should i wait till i complete all the page then ask or can i pop some question here or email you...

Please advise...

This is as one said close to a degree... and entirely change of mindest....


V

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