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Technical Analysis Fallacy

  • #4,561
  • Aug 1, 2008 12:31am Aug 1, 2008 12:31am
Seems the 3 Kingdoms are messed up. A lot of JPY crosses tearing up.
  • #4,562
  • Edited 1:10am Aug 1, 2008 12:35am | Edited 1:10am
Quoting Green_David
Seems the 3 Kingdoms are messed up. A lot of JPY crosses tearing up.
To me its the e/u . ---- Although, the longer I look at the kingdoms the more I see they dont appear right. However I think I have a feel for what side of the g/u and u/j to be on but I dont know about the e/u.

u/j seems lined up at 107.30 area.
g/u taking first move from 9825 area.
but whose to say there going to wait on each other ?
I'd like to think next week is going to be easier to trade, hope so.
I am pip positive for the week though and learned alot.

Watching g/u 9735 area, maybe u/j was waiting for her?
  • #4,563
  • Aug 1, 2008 12:36am Aug 1, 2008 12:36am
Quoting Green_David
G/U scout and L1 attack finished, see 9780.
Quoting Green_David
L1 closed @9763
What is the difference between finished and closed? Somewhat confusing..
  • #4,564
  • Aug 1, 2008 12:43am Aug 1, 2008 12:43am
Quoting piccolo
What is the difference between finished and closed? Somewhat confusing..
Attcak fininished means add-on open-position operations are done, i.e. I have added positions already.

Closed means positions closed.
  • #4,565
  • Aug 1, 2008 12:47am Aug 1, 2008 12:47am
Quoting Green_David
Attcak fininished means add-on open-position operations are done, i.e. I have added positions already.

Closed means positions closed.
I am finished for today means that I have added to positions? lol.. please come up with better names.. like 'deployed' or something.

from what I have seen fti uses:
scout/attack/rescue standby - ready to enter a new position
scout/attack/rescue deployed - position entered
scout/attack/rescue out/home - position closed

we need some sort of protocol here because for some "out" means new position in the market and "finished" means adding to position, hehe. just trying to keep the radio 'clean'.
  • #4,566
  • Aug 1, 2008 12:52am Aug 1, 2008 12:52am
Quoting piccolo
I am finished for today means that I have added to positions? lol.. please come up with better names.. like 'deployed' or something.
OK.

I will use "standard" language deployed in the future.

9740 also broken. wish I have L2 attack with better price than 9763. Maybe a bad fig of PMI, who knows?
  • #4,567
  • Aug 1, 2008 12:56am Aug 1, 2008 12:56am
Quoting Green_David
OK.

I will use "standard" language deployed in the future.

9740 also broken. wish I have L2 attack with better price than 9763. Maybe a bad fig of PMI, who knows?
I don't like that euro is frozen.. G/U short, J/U short.. fishy (or in other words I don't know how to trade in this situation ).

I had scouts in G/U and G/J both short. Booked some pips but way too early.
  • #4,568
  • Aug 1, 2008 1:00am Aug 1, 2008 1:00am
Quoting piccolo
I don't like that euro is frozen.. G/U short, J/U short.. fishy (or in other words I don't know how to trade in this situation ).
Doesn't matter at all, I also have short E/U scout, but I didn't add on. I trade based on PA.
  • #4,569
  • Aug 1, 2008 1:01am Aug 1, 2008 1:01am
Quoting piccolo
I don't like that euro is frozen.. G/U short, J/U short.. fishy (or in other words I don't know how to trade in this situation ).
The same as me.
In this stadium of my learning curve I only trade USDJPY.
My Scout is deployed on the short side
But the dancers (including me) fall a sleep.
And it again needs a lot of patience.
  • #4,570
  • Aug 1, 2008 1:04am Aug 1, 2008 1:04am
Quoting Green_David
Doesn't matter at all, I also have short E/U scout, but I didn't add on. I trade based on PA.
But what is the PA, when there is very slow motion.
I tend to lose my balance and make a false step ...
  • #4,571
  • Edited 1:39am Aug 1, 2008 1:08am | Edited 1:39am
Quoting MaMood
The same as me.
In this stadium of my learning curve I only trade USDJPY.
My Scout is deployed on the short side
But the dancers (including me) fall a sleep.
And it again needs a lot of patience.
E/U has no volitility up to now is OK with me. Maybe the market is not ready to move, or big boys like FTI are sleeping until NFP.

I am never upset by the market, in fact, over these days, AUD/USD, NZD/USD have sharp and continuous drop. You can't take every opportunity, right?
  • #4,572
  • Aug 1, 2008 1:11am Aug 1, 2008 1:11am
Quoting MaMood
But what is the PA, when there is very slow motion.
I tend to lose my balance and make a false step ...
You can't see the difference between G/U and E/U chart? Look at 1hour chart , maybe you will see. Or maybe you should read more and more PAs.

E/U seems start to move. Let's see.
  • #4,573
  • Aug 1, 2008 1:13am Aug 1, 2008 1:13am
At the risk of offending everyone, but this thread is starting to get a bit messy.

I would love to join in the conversation guys but i'd be first to admit, im sorta lost in translation. Also i think the only one capable of moderating this thread is fti, since the rest of us is still below par when it comes to the method.

I would suggest, you dance the market alone and post your campaign after its all done in chart form or you can choose to post ur trade blotter. It would be much easier to understand your mindset and your dancing that way.

Please leave commentaries or trade calls to fti (if he still wish to do so), its easier to see his flow that way.

Lets not keep this thread alive for the sake of keeping it alive, when theres nothing, means theres nothing, less you wanna pose qustions.
  • #4,574
  • Aug 1, 2008 1:14am Aug 1, 2008 1:14am
Quoting lilpip
To me its the e/u . ---- Although, the longer I look at the kingdoms the more I see they dont appear right. However I think I have a feel for what side of the g/u and u/j to be on but I dont know about the e/u.

u/j seems lined up at 107.30 area.
g/u taking first move from 9825 area.
but whose to say there going to wait on each other ?
I'd like to think next week is going to be easier to trade, hope so.
I am pip positive for the week though and learned alot.

Watching g/u 9735 area, maybe u/j was waiting for her?
Which way do we want to enter scout for e/u?
As it stands now i'm out.
  • #4,575
  • Aug 1, 2008 1:18am Aug 1, 2008 1:18am
Quoting jest1081
At the risk of offending everyone, but this thread is starting to get a bit messy.

I would love to join in the conversation guys but i'd be first to admit, im sorta lost in translation. Also i think the only one capable of moderating this thread is fti, since the rest of us is still below par when it comes to the method.

I would suggest, you dance the market alone and post your campaign after its all done in chart form or you can choose to post ur trade blotter. It would be much easier to understand your mindset and your dancing that way.

Please leave commentaries or trade calls to fti (if he still wish to do so), its easier to see his flow that way.

Lets not keep this thread alive for the sake of keeping it alive, when theres nothing, means theres nothing, less you wanna pose qustions.
10-4
  • #4,576
  • Aug 1, 2008 1:28am Aug 1, 2008 1:28am
Quoting piccolo
my bias is still long dollar. only j/u is playing tricks..
the move on u/j yesterday was long overdue , n today we just had the extension wave from yesterday , to me eu and gu are the ones playing tricks , to have a swing and then retrace it completely n reversed out ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #4,577
  • Aug 1, 2008 1:38am Aug 1, 2008 1:38am
Quoting lilpip
10-4
Sorry for asking a messy question again, but whats the meaning of 10-4?
Something from AOW?
  • #4,578
  • Aug 1, 2008 1:41am Aug 1, 2008 1:41am
Quoting MaMood
Sorry for asking a messy question again, but whats the meaning of 10-4?
Something from AOW?
It means OK
Hope isn't a viable investment vehicle.
  • #4,579
  • Aug 1, 2008 1:46am Aug 1, 2008 1:46am
Quoting MaMood
Sorry for asking a messy question again, but whats the meaning of 10-4?
Something from AOW?
I understand and will comply or follow your lead.
  • #4,580
  • Edited 3:08am Aug 1, 2008 2:48am | Edited 3:08am
Quoting badxboxplayer
I have read this thread from when it first came to life..and again! just incase you thought i was just passing through!!

I am teaching my son the guitar..when he first started to learn he would do whatever i said.. no question. now he has more skills he questions me. i say try it....he then comes back and either says yes THAT works or doesnt... Sometimes it works for him not for me .....Varying styles!! But we both agree on the basics..these do not change `building blocks`. I think wot i mean is as he becomes more proficient at his chosen discipline he finds the need to question the whys? to find out why!

I know what its like teaching `hands on` and to be able to see the results of the teachin. When he first played ` live ` with my little crowd, just basic blues ad lib type .. if he got into difficulty I could `take over` with my guitar and there was no probs.. he appreciated that! now if I try to move in I get a look that says..I can do it .. which is fine ..I know how far he can go. with playin live ad lib he has to `feel` the other musicians and how the tune is going. Is this relevant? maybe ..

I wouldnt like to teach guitar over internet !! you just cant get the feel of how the student is progressing.. not that i have tried!.

Sorry for the long winded post at this time of day! just trying to put forward my thoughts on the limits of internet teaching, and how difficult never mind frustrating it must be.

Many thanks again to FTI for re-opening my eyes to this game.

David
Quoting onedrop
Good analogy! I see trading a lot like playing music. Need to learn to recognize the rhythms and riffs and know which players are grooving hard and which ones are sitting out. If your technique is sloppy or you can't play in time, you'll get booed off the stage.

And you can't learn to swing by downloading TAB off the internet.

Now for all the youtube addicts (and guitar players)
http://www.youtube.com/watch?v=BEp2QLicd9Y
http://www.youtube.com/watch?v=Fk4DEweJy0U
http://www.youtube.com/watch?v=g4iMKBMBbR0

@lilpip, you may be right, all the keys are there and just up to us to draw them out and perfect the dance.
Hi,
For the both for you Guitars,
Here chew on this. The master guitar.
There's a trading lesson in it.

Inserted Video



regards

Enclosed find two masters, two totally different styles and timing.
See how they become one, when in attacks.
Attached File(s)
File Type: zip Two masters.zip   1.2 MB | 1,607 downloads
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