Technical Analysis Fallacy | Page 295 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Ultimate Fallacy in Technical Analysis 99 replies

"Technical Analysis Fallacy" thread people, I need your help 54 replies

Technical Analysis Fallacy Redux 23 replies

Statistical analysis fallacy 33 replies

Attachments: Technical Analysis Fallacy
Exit Attachments

Technical Analysis Fallacy

  • #5,881
  • Sep 3, 2008 1:52pm Sep 3, 2008 1:52pm
Wow!! Is this how it's all comming to an end? The favourite soldier in fti's army turning against the commanding officer.

LOL
Never Ever Give Up!
  • #5,882
  • Sep 3, 2008 1:57pm Sep 3, 2008 1:57pm
I got worked over on EUR/USD these last two hours, left my babies for a bit and got tied up, by the time I got back they were terminal (scout and attack force).

I didn't have the heart to pull the plug, which cost me even more.

Moral is low now.



Good thing it was just a demo.

I need to develop brass ones to kill my men to save the greater good :nerd:
  • #5,883
  • Sep 3, 2008 2:17pm Sep 3, 2008 2:17pm
Oh well, as Maxwell Smart would have said about the chat logs..."we missed getting them by this much"


Inserted Video
  • #5,884
  • Sep 3, 2008 2:30pm Sep 3, 2008 2:30pm
Quoting seeit
Oh well, as Maxwell Smart would have said about the chat logs..."we missed getting them by this much"

http://www.youtube.com/watch?v=KLZKE...eature=related
ROTF!! That is too hilarious!

How in the world do you guys find this stuff? lol

seeit ... Thanks for extending a few more years on our lives (they say laughter is the key to that, you know ).

Okay, gotta go and run my errands. Take care, all!

Quoting Cobra
Wow!! Is this how it's all comming to an end? The favourite soldier in fti's army turning against the commanding officer.
Naw, this thread has still lots of life in it. fti just has to train everyone here, as he sees fit.

I question when I don't understand something (as I've said before here in the recesses of this thread, lol, I don't follow blindly), cuz it has to make sense to me, so not turning against him, just trying to understand things, lol. Big difference. Hopefully you will think about your motives for posting what you did, luv

You, take care, too, and good trading.
  • #5,885
  • Sep 3, 2008 2:54pm Sep 3, 2008 2:54pm
As I sat here typing this I tried to think of an example where when a student starting lessons, that the teacher starts with the advanced material, without first laying down the foundation (basic’s) to build upon.

Leighsww I’m in the dark on how long you and Fti trained together before he mentioned the use of sma’s or anything other than “feel”. To me it’s obvious that he see’s patterns, stop levels, ect, ect. When looking at the charts, the concept was not to let them make you blind to other possibilities as price unfolds, I was always taught not to take a north position with out having a south position possibility, basically that an “If - Then” mindset. But always when studying with a mentor what was shared and taught privately, was that “private.”

As much as I ( and I’m sure everyone else here) would like to see those chat logs, it’s inappropriate IMHO, to share them with out first having the permission of the one who shared them with you. I’m sure Fti has his reasons for offering the material as he has. Yes I can see where some of his personal “advanced “ techniques have leaked out in his posts, but he has over and over repeated the same methodology when teaching. Get the basics right first, then move up the ladder.

Fwiw,
  • #5,886
  • Sep 3, 2008 3:15pm Sep 3, 2008 3:15pm
Hi ALL,
I get a funny feel , that the banks/Mmakers are very long on USD.
Thats cos of the way the market was released for selling of the greenbag.
it is either that, or some one is under instructions to release its rebounces in a slow orderly manner. The way she is moving is too organised and predictable.
Not that I am complaining, but I am killing the Mmaker.
LOL, I keep taking bulk Eur from them, when ever they try to create bearish looking legs to panic buyers of Eur to sell. then releasing the Eur back to them slowly as they rally step by step.

Anyone noticed it, in the dance?
Too organised is the general feeling.
So the question is , is this bait for whats to continue?
Noticed there's not much crosses disruptions in the impluse waves?

So be nimble, and very cautious.

regards
  • #5,887
  • Edited 3:55pm Sep 3, 2008 3:26pm | Edited 3:55pm
" "
  • #5,888
  • Sep 3, 2008 4:25pm Sep 3, 2008 4:25pm
Hello. I'm trying to read about FTI's way of trading. Does anyone have a compilation of FTI's posts or the basic ideas behind his method?
Any help would be appreciated.
  • #5,889
  • Sep 3, 2008 4:43pm Sep 3, 2008 4:43pm
Quoting auxesis
As I sat here typing this I tried to think of an example where when a student starting lessons, that the teacher starts with the advanced material, without first laying down the foundation (basic’s) to build upon.

Leighsww I’m in the dark on how long you and Fti trained together before he mentioned the use of sma’s or anything other than “feel”. To me it’s obvious that he see’s patterns, stop levels, ect, ect. When looking at the charts, the concept was not to let them make you blind to other possibilities as price unfolds, I was always taught not to take a north position with out having a south position possibility, basically that an “If - Then” mindset. But always when studying with a mentor what was shared and taught privately, was that “private.”

As much as I ( and I’m sure everyone else here) would like to see those chat logs, it’s inappropriate IMHO, to share them with out first having the permission of the one who shared them with you. I’m sure Fti has his reasons for offering the material as he has. Yes I can see where some of his personal “advanced “ techniques have leaked out in his posts, but he has over and over repeated the same methodology when teaching. Get the basics right first, then move up the ladder.

Fwiw,
Hi auxesis,
Thanks for the hightlighting of the values of professionalism and ethics.
Some here may not know or practise it , probably cos they had never exposed in such environment before. I am much obliged to your having taken the trouble to do so.

You are very correct in your observation. Many here wants to make money consistantly. I present them the component skills required and they keep asking for more, without even mastering the individual components as per given. It seems they just want info and system. Unfortunately for those who doesn't practise that which is given , they cannot and will not see it, right under their eyes.

I shall be posting a response to Leighsww, to show her, her true colours, after I had rested. Maybe it may help her see her folly.

Good trading

regards

PS @Zoran,
the chart discussion got to come laetr , gotta catch some rest before Tokyo.
  • #5,890
  • Sep 3, 2008 4:51pm Sep 3, 2008 4:51pm
Quoting auxesis
" "
You can delete posts you know?
  • #5,891
  • Sep 3, 2008 4:53pm Sep 3, 2008 4:53pm
As I am here the youngest and maybe the craziest I started reading ECB working paper, which is about microstructure of FOREX and also about influence of central bank intervention. Somebody who is good mathematician will learn a lot, but I am a little bit too young and can't understand equations. So any explanations would be desired. In the text i also noticed many things which is FTI talking about. Unwinding customers' postions , Inter-delars tradings, order flow, noise after public infos, CB interventions through brokers or direct on banks and so on. Valuble text but on the very high level. Otherwise happy trading regards
Attached File(s)
File Type: pdf ecbwp629.pdf   777 KB | 1,676 downloads
  • #5,892
  • Sep 3, 2008 5:33pm Sep 3, 2008 5:33pm
Squared up and looking for g/u scout entry watching 7745 area .
  • #5,893
  • Sep 3, 2008 6:12pm Sep 3, 2008 6:12pm
Quoting fti
Hi auxesis,
.....
You are very correct in your observation. Many here wants to make money consistantly. I present them the component skills required and they keep asking for more, without even mastering the individual components as per given. It seems they just want info and system. Unfortunately for those who doesn't practise that which is given , they cannot and will not see it, right under their eyes.....

Hello!

Yes, that is true, and a good advice for those people that begin to read this thread for first time.
One need to , practise, practise and practise.

Regards,

Textor
  • #5,894
  • Edited 8:26pm Sep 3, 2008 6:15pm | Edited 8:26pm
fti ... wow, I must have done something to offend you. If it was my post to Cobra, actually, I was defending you. I felt he posted for ill motivations. Maybe the *wink* is what made you think otherwise? I just normally try not to insult anybody when I post my comments back to them, so if you took my post to him wrongly, then please read it again and maybe you will see it in a different light.

If you read through this entire thread as well as the Feb thread, you will see that I am consistent in my behavior.

As far as you feeling that I compromised my integrity. I wish you reconsider, cuz I have not done so here or anywhere else. I assure you, I take my integrity seriously. I have many, many friends, family, business associates, customers, etc. who can attest to that.

You gave me permission and I posted the proof. I also did not disclose anything that you hadn't already disclosed yourself earlier in this thread (I mentioned that previously, as well. People, you have to read posts better).

I also mentioned that I was awaiting for your approval to post any subsequent chat sessions and if you didn't want me to, I wouldn't. It was evident that it wasn't needed any further, so I was done with it.

Anyway, I'm not going to make this a pissing match, but I do feel that I will have to see what you post, cuz I at least have to protect/save my own honor if you post something unfair.

But soon afterwards, I'll leave your thread for good. I am done with having to be the bad guy, just because I'm one of the only ones (besides Zoran) to scold you when you need it. If you can't take my scoldings well, and you think I am unjustified, then that's unfortunate, cuz then you cannot grow any further yourself.

Be well.

* Edited - Please have a Moderator remove the chat session posts if you are not wanting it posted here. I am unable to do so myself since the deadline for editing/deleting posts has expired. Thanks.
  • #5,895
  • Sep 3, 2008 7:02pm Sep 3, 2008 7:02pm
Fti

The written word is so very hard to communicate in. So much is misunderstood. Remember something you posted long time back:
 "It is difficult to free people from the chains they revere".............Voltaire
It is so very true. Anyone that has conducted a thread that has reached the proportions this one has comes to this realization eventually. You knew it when you started and you still persisted. You have my thanks and admiration.

I am in your debt. If there is ever anything I can do for you please do not hesitate to send me a PM or email.
In trading, there is no bullshit. You either make money or you don't.
  • #5,896
  • Sep 3, 2008 7:09pm Sep 3, 2008 7:09pm
Quoting leighsww
fti ... wow, I must have done something to offend you. If it was my post to Cobra, actually, I was defending you. I felt he posted for ill motivations. Maybe the *wink* is what made you think otherwise? I just normally try not to insult anybody when I post my comments back to them, so if you took my post to him wrongly, then please read it again and maybe you will see it in a different light.

If you read through this entire thread as well as the Feb thread, you will see that I am consistent in my behavior.

As far as you feeling that I compromised my integrity. I wish you reconsider, cuz I have not done so here or anywhere else. I have many, many friends, family, business associates, customers, etc. who can attest to that. I assure you, I take my integrity seriously.

You gave me permission and I posted the proof. I also did not disclose anything that you hadn't already disclosed yourself earlier in this thread (I mentioned that previously, as well. People, you have to read posts better).

I also mentioned that I was awaiting for your approval to post any subsequent chat sessions and if you didn't want me to, I wouldn't. It was evident that it wasn't needed any further, so I was done with it.

Anyway, I'm not going to make this a pissing match, but I do feel that I will have to see what you post, cuz I at least have to protect/save my own honor if you post something unfair.

But soon afterwards, I'll leave your thread for good. I am done with having to be the bad guy, just because I'm one of the only ones (besides Zoran) to scold you when you need it. If you can't take my scoldings well, and you think I am unjustified, then that's unfortunate, cuz then you cannot grow any further yourself.

Be well.
Leighghsww,
I'm not trying to be rude but are you being over sensitive on this whole situation ?
After all didnt I read at post 5847 that this thread was a gift to you to help you along with your trading as well as others?

Also didnt I read that fti considers all friends here at this thread ?
Anyways, enough said lets focus on your positive contributions that you bring to the thread.
take care
  • #5,897
  • Sep 3, 2008 7:18pm Sep 3, 2008 7:18pm
Quoting leighsww
fti ... wow, I must have done something to offend you. If it was my post to Cobra, actually, I was defending you. I felt he posted for ill motivations. Maybe the *wink* is what made you think otherwise? I just normally try not to insult anybody when I post my comments back to them, so if you took my post to him wrongly, then please read it again and maybe you will see it in a different light.

If you read through this entire thread as well as the Feb thread, you will see that I am consistent in my behavior.

As far as you feeling that I compromised my integrity. I wish you reconsider, cuz I have not done so here or anywhere else. I have many, many friends, family, business associates, customers, etc. who can attest to that. I assure you, I take my integrity seriously.

You gave me permission and I posted the proof. I also did not disclose anything that you hadn't already disclosed yourself earlier in this thread (I mentioned that previously, as well. People, you have to read posts better).

I also mentioned that I was awaiting for your approval to post any subsequent chat sessions and if you didn't want me to, I wouldn't. It was evident that it wasn't needed any further, so I was done with it.

Anyway, I'm not going to make this a pissing match, but I do feel that I will have to see what you post, cuz I at least have to protect/save my own honor if you post something unfair.

But soon afterwards, I'll leave your thread for good. I am done with having to be the bad guy, just because I'm one of the only ones (besides Zoran) to scold you when you need it. If you can't take my scoldings well, and you think I am unjustified, then that's unfortunate, cuz then you cannot grow any further yourself.

Be well.
Leighsww,

I don't think you are the "bad girl" here.
You and FTI only have a communication problem.
You see, different language, different age, different life experiences,
to grow in different cultures.... it is easier to have communication problems
that not to have them....


Regards,

Textor
  • #5,898
  • Sep 3, 2008 8:42pm Sep 3, 2008 8:42pm
A pretty good battle going on, I guess its time for me to wake up and be nimble.
I was rather complacent with todays bear climb.
  • #5,899
  • Sep 3, 2008 9:35pm Sep 3, 2008 9:35pm
Quoting textor
You and FTI only have a communication problem.
You see, different language, different age, different life experiences,
to grow in different cultures.... it is easier to have communication problems
that not to have them....
Ah, I think you are very right, textor.

Thanks for your insight
  • #5,900
  • Sep 3, 2008 11:15pm Sep 3, 2008 11:15pm
hello everyone

It seems my questions have caused this mis-understanding...I am so sorry

Dutch Angel ... another poem to calm the troubled waters please

joy
12 traders viewing now