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Technical Analysis Fallacy

  • #6,201
  • Mar 18, 2009 3:36am Mar 18, 2009 3:36am
Quoting maheswara
looks like my adsl modem is exhausted...

Im getting lag all accross my platforms

no way I can play tennis with my racket strings broken ...
Maybe you should check if there's some robot between you sys and the markets.
you took too much from them already, la
Or maybe, they had putted you on manual EXECUTION...
going shopping any time soon?
maybe for a walk too?
  • #6,202
  • Mar 18, 2009 4:07am Mar 18, 2009 4:07am
... today is nice synchronized 3Kgd
  • #6,203
  • Mar 18, 2009 4:15am Mar 18, 2009 4:15am
Quoting Gro
... today is nice synchronized 3Kgd
Good Morning Friends of the Dance!
Nice to see you all around here ;-)

@Gro: thanx for that german tube. A nice one ...
@fti: sailing away: very slow and smooth. Make it very difficult to keep my eyes open. Especially as my lady is not very agile this european morning ....

Wish you all a successful day ;-)
  • #6,204
  • Mar 18, 2009 4:23am Mar 18, 2009 4:23am
Quoting MaMood
Good Morning Friends of the Dance!
Nice to see you all around here ;-)

@Gro: thanx for that german tube. A nice one ...
@fti: sailing away: very slow and smooth. Make it very difficult to keep my eyes open. Especially as my lady is not very agile this european morning ....

Wish you all a successful day ;-)
Hi,
I am sitting here, with a nice warm breeze blowing at my face.
Only things short, is the beach and a yacht for a ride.
She wanna dance , so here I am as always.

regards

PS need a tan badly too.
& this
Inserted Video
  • #6,205
  • Mar 18, 2009 4:32am Mar 18, 2009 4:32am
Just for info:

0914 GMT [Dow Jones]
[...]
However, an IMF warning that the recession in the U.K. could be deeper and longer than anticipated reversed market sentiment. The USD is up at Y98.78, the EUR is down a little at $1.2999, and the GBP is down sharply at $1.3940. (NEH)

Contact us in London. +44-20-7842-9464
[i][email protected][/i]
March 18, 2009 05:14 ET (09:14 GMT)

Just right now: UK Jobless Claimants weaker than expected ...


Disclaimer: Be aware of possible Cow Dung included ;-)
  • #6,206
  • Mar 18, 2009 4:43am Mar 18, 2009 4:43am
Quoting MaMood
Just for info:

0914 GMT [Dow Jones]
[...]
However, an IMF warning that the recession in the U.K. could be deeper and longer than anticipated reversed market sentiment. The USD is up at Y98.78, the EUR is down a little at $1.2999, and the GBP is down sharply at $1.3940. (NEH)

Contact us in London. +44-20-7842-9464
[i][email protected][/i]
March 18, 2009 05:14 ET (09:14 GMT)

Just right now: UK Jobless Claimants weaker...
When the Euro butters thru the floor , such would be nice to see what sort of kinky stuff chet's got up his sleeves.
  • #6,207
  • Mar 18, 2009 4:46am Mar 18, 2009 4:46am
Quoting fti
Maybe you should check if there's some robot between you sys and the markets.
you took too much from them already, la
Or maybe, they had putted you on manual EXECUTION...
going shopping any time soon?
maybe for a walk too?


let the internet guy come n check , if its really the modem , will do some shopping then
no , no walk today la , maybe tomorow
just realized u cant put more than 5 smilies (or images) in a post ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #6,208
  • Mar 18, 2009 6:47am Mar 18, 2009 6:47am
Quoting Gro
Repetition AOW

[left]10 big sentences
Briefest and most use the basic ideas Sun:
Defeat the enemy army without fighting is the peak of war art.
Do not for the honor, money or fame, fight for victory.
Know yourself and your enemy.
Not Rely not attack, ensuring the insuperable position....
Hi Gro,
TAW(The Art of War) doctrine, is not something that I can teach anyone.
The statements made by Sun Zi is already clear enough.
No one can learn it.
The wisdom is there to be mentally explored and embraced.
Through that embracement, hopefully the student can form habits based on the knowledge contained.
In the finally, with practise it becomes you, when it is internalised through the habit process.
Surely in the process, if you have much deficiencies in you personality, it will become to you obstacles that you have to overcome. To each , in its own time.
It is difficult, more like impossible for forces outside you, that can assist the process. Moreover I know of no way to short circuit nor shortcuts.

regards
  • #6,209
  • Mar 18, 2009 8:03am Mar 18, 2009 8:03am
Quoting fti
http://www.youtube.com/watch?v=8u1u3Q-G5xI&fmt=18

By the way what's TFI.

regards
i got the letters of your name mixed up... i am sorry FTI. have to work on my mindset; i don't want to type 100 when i am buying 0.01 lots.

terrible music you send me, i understand.

Inserted Video


kind greetings, jacco
even with my eyes open i cannot see everything
  • #6,210
  • Mar 18, 2009 9:15am Mar 18, 2009 9:15am
Round 2 about to begin?
  • #6,211
  • Mar 18, 2009 9:15am Mar 18, 2009 9:15am
Quoting j-pax
i got the letters of your name mixed up... i am sorry FTI. have to work on my mindset; i don't want to type 100 when i am buying 0.01 lots.

terrible music you send me, i understand.

http://www.youtube.com/watch?v=pF-oWhD2itE

kind greetings, jacco
Hi j-pax,

Sorry about that "I'll be over you" song.
But its very realistic, story about many traders and their trades.

Not Unlike your "Song before I Go", the catch phrase "when you are travelling twice the speed...., its easy to get burnt."

One of the reasons I spent so much time trying to present what I know as facts to traders is because, I had seen much in my career, to know how much pain 's out there for many who punt just to be broken.So I thought that some may be helped. But the reality is there is little that can be done, if you had been following the thread. You may also like me realise, that until they learn the hard way. Who am I , to tell them otherwise.

I hope you will read the thread slowly, and thinking and making it work for you.

regards.

PS:The markets very iligocal at the moment, so trade carefully. Even I am at loss of whats taking place, just trying to follow and dance that which she is showing. The only way to trade markets. Ego wounds, as any usd bull will tell you now, after the figs. Its important to hold steadfast to truth.
  • #6,212
  • Edited 9:33am Mar 18, 2009 9:17am | Edited 9:33am
Quoting fti
Hi Gro,
TAW(The Art of War) doctrine, is not something that I can teach anyone.
The statements made by Sun Zi is already clear enough.
No one can learn it.
Hi FTI

Yes I do understand. this AOW interpretation I found somewhere and gave me so I gave him the thread here (the repetition is not harmful).

AOW is insurmountable work and live in ,it is better ,than just read it. (I understand it)


PS I am trying to the Albert Einstein theory "Make everything as simple as possible, but not simpler."

  • #6,213
  • Mar 18, 2009 9:38am Mar 18, 2009 9:38am
Quoting Gro
Hi FTI

Yes I do understand. this AOW interpretation I found somewhere and gave me so I gave him the thread here (the repetition is not harmful).

AOW is insurmountable work and live in ,it is better ,than just read it.


PS I am trying to the Albert Einstein theory "Make everything as simple as possible, but not simpler."

Hi Gro,
I am much appreciative for all the work and repetition you had done. You have a good heart and you do beautiful work. It was for the others that may need it that I tried to add a little more for their understanding about what was required of them. Although all are of different backgrounds and personality. All traders behave similarly irrational when in trades esp bad trades. There is a very thin line that saperates the winner and lossers. And that is in the ingredients I had presented.

Thank you for helping in so many ways.

regards
  • #6,214
  • Mar 18, 2009 9:43am Mar 18, 2009 9:43am
Any thoughts on e/u ranging 3113-3156 during lunch ?

I suppose we will know soon enough if our uptrend will continue.
  • #6,215
  • Mar 18, 2009 9:47am Mar 18, 2009 9:47am
Quoting fti
Hi Gro,
I am much appreciative for all the work and repetition you had done. You have a good heart and you do beautiful work. It was for the others that may need it that I tried to add a little more for their understanding about what was required of them. Although all are of different backgrounds and personality. All traders behave similarly irrational when in trades esp bad trades. There is a very thin line that saperates the winner and lossers. And that is in the ingredients I had presented.

Thank you for helping in so many ways.

regards

Hi FTI
I hereby repeat my self (about as we all) and thanks a million for that you made such a beautiful diamond.

I still remember - tRaInInG


  • #6,216
  • Edited 10:03am Mar 18, 2009 9:51am | Edited 10:03am
Quoting lilpip
Any thoughts on e/u ranging 3113-3158 during lunch ?
The markets not in sync with the fundamentals as at this given moment. The general bias is stronger usd, but the other is happening. Thats why I always tell that you cannot trade the bias.Only what is happening in front of your eyes.

As traders , we may have a position bias, but its really easy if both bias and position was in line. Even I was caught buying usd after the fig. Fortunaetely my reaction to damage control afterwards allowed me to escape by the shirt tails. and am now still manuvering with a flat book, after such a strong move. And for me this is the the way to stay alive as a trader.

regards

I don't know about the levels, but that the distribution(of Ps and Ls) is not completed. So be very nimble. I suspect much blood on the streets base on the way she's dancing.(She's holding her breath here for a long time, testing the nerves of the usd bulls........Why?)

I believe that the market is caught long on usds.
Now we have to watch her for signs, of which may tell if these bulls may still be alive , when the day is over.
  • #6,217
  • Mar 18, 2009 9:57am Mar 18, 2009 9:57am
Hi again,

the return of our teacher made me to dance in a very classical MO today:
The lady liked it and gave me a very strong reward 180 pips in the move down from 9861 to this level ...
May be I should dance more classical in the furture and not my so called very shortterm "PowerDances". This way of dancing is much more relaxed ...
  • #6,218
  • Edited 10:14am Mar 18, 2009 9:58am | Edited 10:14am
At the moment Im just trying to pay attention to what shes telling me as she has shown me that range at this moment.
areas noted on that move up
e/u 3156
g/u 4003
  • #6,219
  • Mar 18, 2009 10:00am Mar 18, 2009 10:00am
Hi FTI
You know how I long for me to understand - "everyone gets what calls"

I asked myself I want to - Egor "scientific work" want or the money?!?

  • #6,220
  • Mar 18, 2009 10:05am Mar 18, 2009 10:05am
Quoting fti
All traders behave similarly irrational when in trades esp bad trades. There is a very thin line that saperates the winner and lossers. And that is in the ingredients I had presented.

regards
Hello everyone

I’m thinking about these words of Laozi from TaoTeChing:

"We put thirty spokes together and call it a wheel;
But it is on the space where there is nothing that the usefulness of the wheel depends.
We turn clay to make a vessel;
But it is on the space where there is nothing that the usefulness of the vessel depends.
We pierce doors and windows to make a house;
And it is on these spaces where there is nothing that the usefulness of the house depends.
Therefore just as we take advantage of what is, we should recognize the usefulness of what is not.”

As we know everything is related, (“as above so below”). So in case of trading it should be similar, there are many different methods and tools (chart patterns, trendlines, fibos, naked charts, rescue&attack, market order, limit order, stoploss….etc.), but the usefulness of trading (profitability) lies somewhere else - in the empty space of mind where there is no rigidity (so that strategy may arise).

Just thinking aloud.
the worst horse can be the best one
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