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Technical Analysis Fallacy

  • #4,181
  • Jul 29, 2008 2:19am Jul 29, 2008 2:19am
Quoting MaMood
Just for info:


EUR/USD: Early Spike Quickly Corrected
Dienstag, 29. Juli 2008 08:48:00


London, July 29. Asian trading saw EUR/USD locked in a tight range but returning European traders are at the very least attempting to inject fresh volatility into the action. Early Russian sales are cited behind the dip to 1.2726 but fresh buyers have used the dip to set up fresh longs and spot has quickly returned to the 1.5740"s, to levels close to where the sales are reported to have started.
[...]

[i][email protected][/i]
Hi MaMood,
Thanks for info.
Ah ha seems Moscow;s Norandy is playing., ok
pass the vodka comarades.

regards

standby attack L1
  • #4,182
  • Jul 29, 2008 2:20am Jul 29, 2008 2:20am
Quoting M-H Trader
Another odd day?
exactly what I feelt that moment.
Same procedure as yesterday - No clear impulses so far.

So patience and nimbleness should be the highlighted skills
  • #4,183
  • Jul 29, 2008 2:22am Jul 29, 2008 2:22am
Quoting MaMood
exactly what I feelt that moment.
Same procedure as yesterday - No clear impulses so far.

So patience and nimbleness should be the highlighted skills
Im leaning toward usd bull. Ill see what the charts give me...
  • #4,184
  • Jul 29, 2008 2:23am Jul 29, 2008 2:23am
Quoting jest1081
Hi FTI,

thats what worries me. I wanna deal futures/stocks or even better fx if i had the chance since its more related to my liking. But it seems that the chances to get in is slim, yet even stay within the pack.

I have a close friend who is dealing for Barclays, he's been in e business for abt 6-7 years, that would make him a senior dealer by now right? Very nice payslip i must add. But he keeps telling me to do it full time instead.

regards
Hi jest,
he;s quite right, this is a marraige.
It won't be easy for parttime lovers.
LOL and no i' m not gonna post parttime lover clip.

That's what many do not realise.

About seniority, in the markets, its dependent on book performance not in years of service.


regards
  • #4,185
  • Jul 29, 2008 2:23am Jul 29, 2008 2:23am
Quoting fti

[...]

standby attack L1
Missed your scout.
What direction you are playin ???
  • #4,186
  • Jul 29, 2008 2:27am Jul 29, 2008 2:27am
Just if you feel bored - some music I like ...

http://de.youtube.com/watch?v=y5XHRo5y5FE
http://de.youtube.com/watch?v=64kasmZVZLs
  • #4,187
  • Jul 29, 2008 2:27am Jul 29, 2008 2:27am
Quoting MaMood
Missed your scout.
What direction you are playin ???
Hi MaMood,
I ve got a 3 legged scout , result of a merger exercise yesterday and USD bear.

regards
  • #4,188
  • Jul 29, 2008 2:30am Jul 29, 2008 2:30am
Quoting MaMood
Just if you feel bored - some music I like ...

http://de.youtube.com/watch?v=y5XHRo5y5FE
http://de.youtube.com/watch?v=64kasmZVZLs
OMG, I love that Diana, nearly got all her works before 2004.

http://de.youtube.com/watch?v=3mx5-pQ7D2k

regards

Bx1 X 1.5750 new scout for today
  • #4,189
  • Jul 29, 2008 2:36am Jul 29, 2008 2:36am
pls can someone direct me to the post where Sir fti talked about the 3 kingdoms and how to trade it,i will really appreciate,tnx
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #4,190
  • Jul 29, 2008 2:41am Jul 29, 2008 2:41am
Quoting lordgbengs
pls can someone direct me to the post where Sir fti talked about the 3 kingdoms and how to trade it,i will really appreciate,tnx
Darn...so low volatitlity...Good morning everyone...I am a bear

lord, check about pag 67,,,good luck.
Empty as water and soft as a facing wind mountain
  • #4,191
  • Jul 29, 2008 2:47am Jul 29, 2008 2:47am
pls can someone direct me to the post where Sir fti talked about the 3 kingdoms and how to trade it,i will really appreciate,tnx
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #4,192
  • Jul 29, 2008 2:50am Jul 29, 2008 2:50am
Quoting lordgbengs
pls can someone direct me to the post where Sir fti talked about the 3 kingdoms and how to trade it,i will really appreciate,tnx
pag 66, #984 or so...look around that
Empty as water and soft as a facing wind mountain
  • #4,193
  • Jul 29, 2008 3:12am Jul 29, 2008 3:12am
Quoting fti
Hi MaMood,
Thanks for info.
Ah ha seems Moscow;s Norandy is playing., ok
pass the vodka comarades.

regards

standby attack L1
Russian comrades showed their "North Polar Bear" hands again?
  • #4,194
  • Edited 3:41am Jul 29, 2008 3:25am | Edited 3:41am
Hi ALL,

Gotta wait for NY again.

Since we are on Jazz.
I couldn;t Find Jersey girl on the tube.

heres oldie I love.

http://de.youtube.com/watch?v=rh0NZa0WMJQ
http://de.youtube.com/watch?v=VwtFcr7E0O8

Wow, the markets really testing my resolve and stamina.
Patience little bear, Papa bear, is he on the way?
well Que Sera Sera.( whatever will be, will be)
  • #4,195
  • Jul 29, 2008 3:32am Jul 29, 2008 3:32am
Mamood,

I read ur pf.
Fav trading book : Technical Analysis Fallacy by FTI....

Indeed if we take all his postings and arrange them into various chapters/topics we can get a book. The small book that shows you how to trade. lol.

In the end theres so much a book can do. Nevertheless i have to concur with you, that TAF, has been one of the most exciting books i've read, whats better...i'm in it.

PS

invsible hands on the dollar again.
im starting to think that there maybe a problem with eur itself too....its action with the queen has been a bit sporadic as of late, keep watching the developments friends, if this disease spreads to the daily we may be on to something.
  • #4,196
  • Edited 4:08am Jul 29, 2008 3:48am | Edited 4:08am
Quoting jest1081
Mamood,

invsible hands on the dollar again.
im starting to think that there maybe a problem with eur itself too....its action with the queen has been a bit sporadic as of late, keep watching the developments friends, if this disease spreads to the daily we may be on to something.
Actually . i believe the culprit is yen crosses.

Front lines calling CP.
pls send bandages.

CO: why, are they firing at you,
Footsoildier, : no sir they're throwing leeches at us, , we are bleeding heaps, over.
  • #4,197
  • Jul 29, 2008 3:59am Jul 29, 2008 3:59am
Quoting jest1081
Mamood,

I read ur pf.
Fav trading book : Technical Analysis Fallacy by FTI....

[...]
It's allmost the truth.
Never read a book before with so much wisdom and experience.

Quoting jest1081
PS

invsible hands on the dollar again.
im starting to think that there maybe a problem with eur itself too....its action with the queen has been a bit sporadic as of late, keep watching the developments friends, if this disease spreads to the daily we may be on to something.
It seems so.
But if there would be a little more dynamic/volatility it would be much easier to get in step with this dance.

But I'll give the markets a fair chance:
If they start mooving in any direction in the next 5 minutes I'll stay and try some dance. If not, I'll take my mountainbike and do a strong ride in the near forest. I'm nearly at the end of my patience ....
  • #4,198
  • Jul 29, 2008 4:05am Jul 29, 2008 4:05am
While we wait for market to move. This is music I listen to and love. First song is Zulu warrior song and they even sing about the scouts. If you click "more" you can read the lyrics. A rough translation of the chorus "Impi! wo 'nans' impi iyeza Obani bengathinta amabhubesi?" would be "Warrior/ Here come the warriors. Who fears the lightning touch of the Lion" I don't speak Zulu, but understand Xhosa which is similar.
Inserted Video

This song contains lots of warrior dance in it
Inserted Video

This link would be Art of War acc to Shaka king of the Zulus. He changes the attack sequence from throwing assegaais to surrounding enemy with his 3 sequence attack.
Inserted Video

All very off topic i know, my apologies. Hope someone enjoys it.
Hope isn't a viable investment vehicle.
  • #4,199
  • Jul 29, 2008 4:07am Jul 29, 2008 4:07am
Quoting MaMood
It's allmost the truth.
Never read a book before with so much wisdom and experience.



It seems so.
But if there would be a little more dynamic/volatility it would be much easier to get in step with this dance.

But I'll give the markets a fair chance:
If they start mooving in any direction in the next 5 minutes I'll stay and try some dance. If not, I'll take my mountainbike and do a strong ride in the near forest. I'm nearly at the end of my patience ....
On Thursday and Friday this week, I am sure you will see BIG volitility.

Be patient, the market is changing. Don't be late on the bus.
  • #4,200
  • Jul 29, 2008 4:09am Jul 29, 2008 4:09am
Quoting Green_David
On Thursday and Friday this week, I am sure you will see BIG volitility.

Be patient, the market is changing. Don't be late on the bus.
NFP on Friday. I will stay out of trade til after figs released on that day.
Hope isn't a viable investment vehicle.
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