Technical Analysis Fallacy
Hi simlsc,
a bookkeeping unit used for recording transactions made by approved financial institutions (interbank) operating in the Asian Dollar market.
http://dictionary.bnet.com/definitio...ency+unit.html
regards
Orang orang di sini telalu cerdek, sampai tidak boleh di didik lagi.
Apa lagi boleh di cuba, bia lah mereka, hancurkan mereka sendiri di pasaran dengan kercerdekan mereka sendiri.
Malang tidak berbau. Kebodohan tidak berbayang.
...
Orang orang di sini telalu cerdek, sampai tidak boleh di didik lagi.
Apa lagi boleh di cuba, bia lah mereka, hancurkan mereka sendiri di pasaran dengan kercerdekan mereka sendiri.
Malang tidak berbau. Kebodohan tidak berbayang.
regards
tetapi jangan berhenti memberi 'live feedback' tentang keadaan pasaran.
hi mamood,
which explains my previous post. you see, i wanted to approach the matter lightly by saying that i failed to notice these forms. All that i could see was a lower high. No predictions.
[...]
Take care all.
Adios!
Hi Guys,
may be I'm completely wrong, but why are you pondering so much about what the price will do next??? You are limiting your abilities to feel the dance.
You know I'm trading the USDJPY only.
Yesterday at the same time i wrote, that I decided to dance USDJPY at the long side. Well - in hindsight this decision was at least "suboptimal" or simple wrong. The short side would have been much easier to dance.
But nevertheless I danced it with good success/profit. Had to deploy three rescues. We learned all things needed to dance any kind of dance. Of course we try to avoid to start the dance against the trend intentionally. But with sound MM, a good timing(feeling the rythm) and skewing the position sizes adequate, we are able to do that.
So why so much thinking about the future moves?
Feel, dance, Attack/Rescue, feel, dance, attack/rescue ....
I'm trading for a living.
So there isn't the possibility to skip many trading days, coz I'm not sure, what the market will do.
We are erxercising with small money, so what should happen to us or to our accounts? If the book gets spoiled, than additional to practising the dance, we have to do some work on MM and Riskmanagement too.
Sorry for saying the above.
But sometimes we tend to make things more difficult than they need to be.
Good trades and a little more easy going ;-)
p.s.: Please don't get me wrong: I'm not promoting to trade against the trend. But if it happens - so what?
If your exposure is large - reduce.
If you are near your predefined percentage of acceptable book losses - get out.
If situation seems to be manageable for - try a rescue.
Just 2 cents, that are working very well for me ....
I guess it is impossible to train old dogs.
Now I am convinced. No more casting pearls to pigs.
http://www.youtube.com/watch?v=xO6j5quPyvc
http://www.youtube.com/watch?v=V0sepGXSLbs
http://www.youtube.com/watch?v=Amnpel6EpdU
Orang orang di sini telalu cerdek, sampai tidak boleh di didik lagi.
Apa lagi boleh di cuba, bia lah mereka, hancurkan mereka sendiri di pasaran dengan kercerdekan mereka sendiri.
Malang tidak berbau. Kebodohan tidak berbayang.
regards
...hi mamood,
which explains my previous post. you see, i wanted to approach the matter lightly by saying that i failed to notice these forms. All that i could see was a lower high. No predictions.
i think my time here is pretty much done too. Im quitting the forum (for personal reasons), i wanna thanks all of you and fti for sharing his knowledge, i guess we're getting no where in his books either. So no point trying to impress or show how far you come by. Im gonna concentrate on myself and my trading from now on. Take care all.
Adios!
ill translate this for the benefit of others:
The people here are too smart, until they cant be taught anymore
What else can i do, let them be, let them destroy themselves in the market with their own injuries.
Accidents have no smell, stupidity has no shadows.
time to look at oursleves in the mirrors again mates.
PS: FTI, i apologise if i've ever hurt or offended you, sincerely from the bottom of my heart. thanks for everything.
Hi Guys,
may be I'm completely wrong, but why are you pondering so much about what the price will do next??? You are limiting your abilities to feel the dance.
You know I'm trading the USDJPY only.
Yesterday at the same time i wrote, that I decided to dance USDJPY at the long side. Well - in hindsight this decision was at least "suboptimal" or simple wrong. The short side would have been much easier to dance.
But nevertheless I danced it with good success/profit. Had to deploy three rescues. We learned all things needed to dance any kind of dance. Of course we try to avoid to start the dance against the trend intentionally. But with sound MM, a good timing(feeling the rythm) and skewing the position sizes adequate, we are able to do that.
So why so much thinking about the future moves?
Feel, dance, Attack/Rescue, feel, dance, attack/rescue ....
I'm trading for a living.
So there isn't the possibility to skip many trading days, coz I'm not sure, what the market will do.
We are erxercising with small money, so what should happen to us or to our accounts? If the book gets spoiled, than additional to practising the dance, we have to do some work on MM and Riskmanagement too.
Sorry for saying the above.
But sometimes we tend to make things more difficult than they need to be.
Good trades and a little more easy going ;-)
p.s.: Please don't get me wrong: I'm not promoting to trade against the trend. But if it happens - so what?
If your exposure is large - reduce.
If you are near your predefined percentage of acceptable book losses - get out.
If situation seems to be manageable for - try a rescue.
Just 2 cents, that are working very well for me ....
Fti,
I am not really surprised this time. I was concerned you would take seriously our silly pattern conversation before bed. You did.
Regards,
