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Technical Analysis Fallacy

  • #6,301
  • Mar 19, 2009 9:36am Mar 19, 2009 9:36am
Quoting MaMood
Hi there,

really cool trading sessions yesterday and today.
Yeah I know it may sound greedy, but could it not be everyday like the last two days ???

Wish you all a great trading day!

Regards,
MaMood
Watch those scorpions, MaMood.
At the lounge, I had already seen many surfacing from you dangerously, You need to do deep self reanalysis.

Other than that, I think you may had understood the necesasries, but the mutation from basics are frightful.

regards
  • #6,302
  • Mar 19, 2009 9:40am Mar 19, 2009 9:40am
Quoting maheswara
lets see if there are usd buyers at this level ...
cant seem to feel any though ...
HI maheswara,

Hope your lines are good now.
The markets are unstable.All these squeezing baffles me.
Maybe because I am very tired.
If this sentiment continues, trading on Friday would be unthinkable.
Whole day I had been scalping, really unable to trade.

I guess the markets teaching people to respect trends.

regards
  • #6,303
  • Mar 19, 2009 9:44am Mar 19, 2009 9:44am
Hello FTI & Everybody,
Posting after a long gap. Was active when this thread was in infancy stage. But I am actively following all of FTI's teachings. Good to see lot of people learning how to dance.
Past 6 months I was working on internalising(is this a correct word?) the MO, MM and dancing technique.
Thanks FTI and all other members for a great contribution.

- WaveRider3

Have a wonderful Dance!
  • #6,304
  • Mar 19, 2009 9:49am Mar 19, 2009 9:49am
Quoting fti
,

I hope you do not take it too hard.Do post when you have questions about stuff you cannot fig out or if you have things you want second opnions on.
Its just that I have to make it very clear to many who are trained in reading markets erroneously, with PREDICTIVE undertones.
thank you i like your clear style and special humor... i will study and centainly will be back with questions.
even with my eyes open i cannot see everything
  • #6,305
  • Mar 19, 2009 9:49am Mar 19, 2009 9:49am
Quoting WaveRider3
Hello FTI & Everybody,
Posting after a long gap. Was active when this thread was in infancy stage. But I am actively following all of FTI's teachings. Good to see lot of people learning how to dance.
Past 6 months I was working on internalising(is this a correct word?) the MO, MM and dancing technique.
Thanks FTI and all other members for a great contribution.

- WaveRider3

Have a wonderful Dance!
Hi WaveRider3,
welcome back, secret training, wow.

regards
  • #6,306
  • Edited 10:19am Mar 19, 2009 9:53am | Edited 10:19am
"Ego birth hope ,hope birth fear and greed ,fear and greed will take your head.

Incredibly easy way to hell."
(I multiplicity champion conflicts in the end will exhaust how military, so state and finishes unhappiness).

Not overexpose yourself ,not overexpose account.

My favorite picture:Mindset

Attached Image
  • #6,307
  • Mar 19, 2009 9:54am Mar 19, 2009 9:54am
Quoting fti
HI maheswara,

Hope your lines are good now.
The markets are unstable.All these squeezing baffles me.
Maybe because I am very tired.
If this sentiment continues, trading on Friday would be unthinkable.
Whole day I had been scalping, really unable to trade.

I guess the markets teaching people to respect trends.

regards
same here sir ,
line still unstable , latency problem discovered not modem , looks like some backbone for ISP is being repaired
what a time to repair international backbone....
cant do much trading , made only 1-2% ...
dead feeling inside , waited for such a day n net goes down ...
oh the life of an amateur retail trader

I hope I dont get revengeful and start throwing money ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #6,308
  • Mar 19, 2009 9:57am Mar 19, 2009 9:57am
Quoting fti
Hi WaveRider3,
welcome back, secret training, wow.

regards
Hello FTI,
No secrets. I am just trying to unearth the secrets you spilled all along the thread. BTW, I still have your first dance posting saved. What a lesson that one post is. Good to see you are 300% up this year. Not yet there, I am 1/4th of that distance rightnow. Can I ask you something. Did you figure out the broker issue? In that case can you PM me about which broker you use (if it is okay with you to reveal).

Thanks,
- WaveRider3
  • #6,309
  • Mar 19, 2009 10:12am Mar 19, 2009 10:12am
am new to forex, each time i do good technical analyses, i end up loosing my trades to fundamental releases. is there a way one can trade without eing affected by fundamental news? this just makes trading difficult for me. thanks
  • #6,310
  • Mar 19, 2009 10:15am Mar 19, 2009 10:15am
Quoting jephthah
am new to forex, each time i do good technical analyses, i end up loosing my trades to fundamental releases. is there a way one can trade without eing affected by fundamental news? this just makes trading difficult for me. thanks

Welcome to this TAF .... invest some time in this thread... and everything will be clearer to you....

There is no shortcut ...trust me else check all the systems result yesterday....

so if you are willing to learn entire knowledge is here..


V
  • #6,311
  • Mar 19, 2009 11:16am Mar 19, 2009 11:16am
Quoting jephthah
am new to forex, each time i do good technical analyses, i end up loosing my trades to fundamental releases. is there a way one can trade without eing affected by fundamental news? this just makes trading difficult for me. thanks

Thanks to indianguyinny for your vote of confidence.
Much obliged.

Hi jephthah,

I had been thinking for the longest time on how to answer you.
You said you are new to forex.
and You do good tech analysis. I suspect you are new to Tech Analysis as well. Because Technical analysis is just tools traders use to assist in their decision process and feel of the market undertones. It is difficult to determine good or bad analysis. The analysis can only guide to formulate strategic response to the trading. If you hit the wall often although you think you may have the correct outlook, then the problem may exist in your strategies.

Fundamentals and events drives the market. Technical Analysis does analytics on the foot prints of the fundamental impacts that had been factored into the market place. Therefore it would be impossible to trade the markets ignoring the driving forces , without which , there would be no movements in the prices.

Similar to indianguyinny I advice you to read the thread for some understanding of the basics of trading.


regards
  • #6,312
  • Mar 19, 2009 11:33am Mar 19, 2009 11:33am
Quoting fti
Hi Dutchangel,
.....
Here's my outlook. Think about it and see if it makes any sense for you.


........

So what drives markets after fig releases, is basically mass of fear and greed.AND this canoot be PREDICTABLE.

regards

PS I hope you and family are well.
Hi fti

Thank you for your response. I agree with you completely as it is entirely impossible to predict how the market will respond to any news event. I was not meaning to be predictive, but was merely making an observation of a subtle shift I noticed.

Family is well except for my youngest, who had to be fetched from school early today due to illness. Hope your fam is all well.

kind regards
Hope isn't a viable investment vehicle.
  • #6,313
  • Mar 19, 2009 12:29pm Mar 19, 2009 12:29pm
Hi all

very inspiring and it's power
http://www.inspiruj.cz/viewtopic.php?f=27&t=289

  • #6,314
  • Mar 19, 2009 12:43pm Mar 19, 2009 12:43pm
Quoting Gro
Hi all

very inspiring and it's power
http://www.inspiruj.cz/viewtopic.php?f=27&t=289


Thanks ...

I saw this guy youtube couple of year ago... always inspiring..

V
  • #6,315
  • Mar 19, 2009 12:44pm Mar 19, 2009 12:44pm
Quoting Gro
Hi all

very inspiring and it's power
http://www.inspiruj.cz/viewtopic.php?f=27&t=289

Blagodaram...Hvala....Thanks !!!
  • #6,316
  • Mar 19, 2009 1:07pm Mar 19, 2009 1:07pm
Quoting DutchAngel
Hi fti

Thank you for your response. I agree with you completely as it is entirely impossible to predict how the market will respond to any news event. I was not meaning to be predictive, but was merely making an observation of a subtle shift I noticed.

Family is well except for my youngest, who had to be fetched from school early today due to illness. Hope your fam is all well.

kind regards
Hi DutchAngel,

The family is well.
Thank you.

regards
  • #6,317
  • Mar 19, 2009 1:12pm Mar 19, 2009 1:12pm
Quoting Gro
Hi all

very inspiring and it's power
http://www.inspiruj.cz/viewtopic.php?f=27&t=289

Hi Gro,
thank you for the uplifting video.
It is wonderful how his handicap, gave him such a powerful mind adjustment. A demonstration of the power the the mind.

God Bless.

regards.
  • #6,318
  • Mar 19, 2009 1:16pm Mar 19, 2009 1:16pm
If you are still baffled by the strength of the currencies.

Here's the reason.
Effectively the USD had devalued.

This is because of the Heli's decisions to buy up us govt bonds.
And how will the Fed's pay for the purchase.
The ultimate way, Print !
the markets had responded and from here lets see if the response had been adequate. Watch the charts for more clues.

regards
  • #6,319
  • Mar 19, 2009 1:28pm Mar 19, 2009 1:28pm
I says to myself - I can art of listening or wait could to only speak.

I think this is important in the market.

  • #6,320
  • Mar 19, 2009 1:38pm Mar 19, 2009 1:38pm
Quoting fti
If you are still baffled by the strength of the currencies.

Here's the reason.
Effectively the USD had devalued.

This is because of the Heli's decisions to buy up us govt bonds.
And how will the Fed's pay for the purchase.
The ultimate way, Print !
the markets had responded and from here lets see if the response had been adequate. Watch the charts for more clues.

regards
Fti,

Hi, question for you if I may.

Do you think the Feds actions on buying US securities had anything to do with China's comments the other day. Seems there was some dispute over tariffs and China threaten to pull money.????

regards,

some discussion here but not the one i'm looking for
http://www.bloomberg.com/apps/news?p...8G0&refer=home
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