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Technical Analysis Fallacy

  • #4,201
  • Jul 29, 2008 4:13am Jul 29, 2008 4:13am
Quoting DutchAngel
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. http://www.youtube.com/watch?v=D0QcWBIldz8
This song contains lots of warrior dance in it
http://www.youtube.com/watch?v=8pVKFuKZc9w
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. http://www.youtube.com/watch?v=p16LHUxEyJo
All very off topic i know, my apologies. Hope someone enjoys it.
heheh DA,

im not familiar with all these music, even those that fti shared.
i usually listen to classical and world music when in an active trade. Im in love with putumayo, next mission is to earn enough trade income to have the whole putumayo collection.
  • #4,202
  • Jul 29, 2008 4:18am Jul 29, 2008 4:18am
Quoting DutchAngel
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. http://www.youtube.com/watch?v=D0QcWBIldz8
This song contains lots of warrior dance in it
http://www.youtube.com/watch?v=8pVKFuKZc9w
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. http://www.youtube.com/watch?v=p16LHUxEyJo
All very off topic i know, my apologies. Hope someone enjoys it.
hehe, thank you for sharing. a lot of diversity in this thread.
  • #4,203
  • Jul 29, 2008 4:18am Jul 29, 2008 4:18am
Quoting DutchAngel
NFP on Friday. I will stay out of trade til after figs released on that day.
Yap, wait bulls and bears fighting for more than 5 minutes and then we go in to take side.
  • #4,204
  • Jul 29, 2008 4:19am Jul 29, 2008 4:19am
Quoting jest1081
heheh DA,

im not familiar with all these music, even those that fti shared.
i usually listen to classical and world music when in an active trade. Im in love with putumayo, next mission is to earn enough trade income to have the whole putumayo collection.
Listening to "Wassiye" right now. Keep trading like you are and you will soon have entire collection
Hope isn't a viable investment vehicle.
  • #4,205
  • Jul 29, 2008 4:24am Jul 29, 2008 4:24am
Quoting DutchAngel
[...]

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. http://www.youtube.com/watch?v=p16LHUxEyJo
All very off topic i know, my apologies. Hope someone enjoys it.
Hi Dutchangel,

thanks for the links.
Especially the last video. Very strong pictures and speach.
It touched me somehow ....

I love the internet.
So many different cultures. So many different impressions ..

Thanx
  • #4,206
  • Jul 29, 2008 4:29am Jul 29, 2008 4:29am
Quoting MaMood
Hi Dutchangel,

thanks for the links.
Especially the last video. Very strong pictures and speach.
It touched me somehow ....

I love the internet.
So many different cultures. So many different impressions ..

Thanx
Hi MaMood

I am glad you enjoyed. I too love the internet, it contains an endless source of knowledge. Suppose I am still an African at heart, even tho I am Dutch.
Hope isn't a viable investment vehicle.
  • #4,207
  • Jul 29, 2008 4:40am Jul 29, 2008 4:40am
I love listen to this when trading

Inserted Video
  • #4,208
  • Jul 29, 2008 5:12am Jul 29, 2008 5:12am
Uk trade figs quite bad from guestimates.
Looks like one horse lames.

So those on cable , be aware.
  • #4,209
  • Jul 29, 2008 5:14am Jul 29, 2008 5:14am
bad news on gbp , talkin about music , no1 likes ledzep , floyd or judas priest ?
To Live is the rarest thing in the world , Most people exist , that is all
  • #4,210
  • Jul 29, 2008 5:31am Jul 29, 2008 5:31am
Quoting fti
Uk trade figs quite bad from guestimates.
Looks like one horse lames.

So those on cable , be aware.
I got G/U short positions from yesterday. Due to positions size a little bit heavy and E/U direction not clear, didn't do rescues today.

Some rumors say under 5725 there are stop loss orders for E/U.
  • #4,211
  • Jul 29, 2008 6:12am Jul 29, 2008 6:12am
Quoting Green_David
(...)
Some rumors say under 5725 there are stop loss orders for E/U.
If true, they are swept out now...
  • #4,212
  • Jul 29, 2008 6:24am Jul 29, 2008 6:24am
Scout out
B X 1 X EUR/USD @1.5720
  • #4,213
  • Jul 29, 2008 6:31am Jul 29, 2008 6:31am
Quoting Jairo
If true, they are swept out now...
No, it is not sweep.
  • #4,214
  • Jul 29, 2008 6:56am Jul 29, 2008 6:56am
Quoting hemal011
Scout out
B X 1 X EUR/USD @1.5720

scout is bleeding. What is the reason of this sudden push ?
  • #4,215
  • Jul 29, 2008 7:08am Jul 29, 2008 7:08am
Quoting hemal011
scout is bleeding. What is the reason of this sudden push ?
Someone's pushing some orders through, see if the 5695 area offers support. Be careful about predetermining direction for today, verdict is still out.
  • #4,216
  • Jul 29, 2008 7:21am Jul 29, 2008 7:21am
Quoting hemal011
scout is bleeding. What is the reason of this sudden push ?
The resistence of 5720 became a trap for you. The reason is not important, as FTI said, you trade based on chart.

Yesterday, I said I found no reason to long E/U from daily chart.

Watch out 10:00 pm Confidence data. BTW, you can only tell the sweeps ONLY after it really happenned.
  • #4,217
  • Jul 29, 2008 7:21am Jul 29, 2008 7:21am
Quoting hemal011
scout is bleeding. What is the reason of this sudden push ?
if you say scout out I understand that you have pulled your scout out from the market and not put it in..
PS - why did you buy, anyway?
  • #4,218
  • Jul 29, 2008 7:30am Jul 29, 2008 7:30am
Dollar strength could be because OPEC President Khelil said crude oil prices are ``abnormal'' and the producer group shouldn't cut output as it needs to ensure adequate supply.
Hope isn't a viable investment vehicle.
  • #4,219
  • Jul 29, 2008 7:35am Jul 29, 2008 7:35am
Anyone from Canada here? Do you know if today is "oil day" for the CAD (fyi...Canada converts is oil revenues once a month)? I can never find the schedule information on this.
  • #4,220
  • Edited 7:53am Jul 29, 2008 7:39am | Edited 7:53am
Quoting hemal011
scout is bleeding. What is the reason of this sudden push ?
Hi hemal011,
the reason is not important. The fact is as far as the price is concerned , they did.
so now we have to watch her and think of the appropriate strategy.
One thing is for sure, it is gonna expose more capital.

The fact that it is sitting on my daily cut loss tolerance zone as prompted yesterday ,makes reacue uncomfortable. Moreover remember that that I have compounded scout positions now reading 4 with an average at about 15750.

Turning is not an option.
Rescue have to be very well timed as this push after the stop hits as David informed about will likely continue. That we must expect. lets see how they play this zone first , as we will have figures releases at 10
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