Technical Analysis Fallacy | Page 317 | 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

  • #6,321
  • Mar 19, 2009 1:44pm Mar 19, 2009 1:44pm
Quoting auxesis
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.????

trying to find a press release.......

regards,
Hi auxesis,
Truthfully , I don't know.

But the action will dilute the value of China's USD trade surplus holdings.
The Us equity markets will move up to adjust to the usd parity. where strong companies will revalue upwards and weaker ones may hold price without having to drop.
The increase of M1 (money in circulation) will increase and more money is available in the economy by virtue of the multiplier effect. M1 injections is the most liquid method of increasing money in the shortest time. Like injecting drugs right into the blood stream. The impact should be instantaneous.
If inflation holds managable, some growth should be felt by the next quarter. whether this may create jobs will be seen then too. So the indicators next quarter should be watched closely to gauge the impact of this monetary action.
regards
  • #6,322
  • Mar 19, 2009 1:50pm Mar 19, 2009 1:50pm
you know something about this:
(sorry my translation)
"Ron Paul bill on audit FED resemble other law that the come forward Bernie Sanders in senate, who is headed hereto, to FED return questions bent at it, where go to 2 billions dollars from government aid, which is thing, in niz Bloomberg News prosecuted FED and require her investigation and explication. Last week namely in Committee for Ways and Means senate guns singular things, when Bernanke arrogantly withheld explain, where go to money from government aid, namely and over repeated questions Sanders".
  • #6,323
  • Mar 19, 2009 2:01pm Mar 19, 2009 2:01pm
Quoting Gro
you know something about this:
(sorry my translation)
"Ron Paul bill on audit FED resemble other law that the come forward Bernie Sanders in senate, who is headed hereto, to FED return questions bent at it, where go to 2 billions dollars from government aid, which is thing, in niz Bloomberg News prosecuted FED and require her investigation and explication. Last week namely in Committee for Ways and Means senate guns singular things, when Bernanke arrogantly withheld explain, where go to money from government aid, namely and over repeated questions...
Hi Gro,
The function of the Feds is to monetary policies and money creation (printing). They just creates the money.
When they buy up govt bonds, means that they are lending that created money to the govt. Where and how it will be spent depends on the govt and politics.So I don't know if the feds knows where the money tunnels to. The Us treasury may since their function is to fund govt spending.

regards
  • #6,324
  • Mar 19, 2009 2:07pm Mar 19, 2009 2:07pm
Quoting fti
Hi auxesis,
Truthfully , I don't know.

But the action will dilute the value of China's USD trade surplus holdings.
The Us equity markets will move up to adjust to the usd parity. where strong companies will revalue upwards and weaker ones may hold price without having to drop.
The increase of M1 (money in circulation) will increase and more money is available in the economy by virtue of the multiplier effect. M1 injections is the most liquid method of increasing money in the shortest time. Like injecting drugs right into the blood stream. The impact...

Fti,

Thanks for your insights,

I recalled the other day catching some buzz about a proposed tariff that affected China and they responded by stating they would cease the purchase of treasuries. I tried to find a release but none yet. Back of my mind though that the Feds actions may be some type of preventive action for the above, and not necessarily whats being reported.

Doesn't matter just follow the money. Did see where the pressure is on the ECU to follow suit, something to watch.

regards,
  • #6,325
  • Mar 19, 2009 2:12pm Mar 19, 2009 2:12pm
Quoting fti
Hi Gro,
The function of the Feds is to monetary policies and money creation (printing). They just creates the money.
When they buy up govt bonds, means that they are lending that created money to the govt. Where and how it will be spent depends on the govt and politics.So I don't know if the feds knows where the money tunnels to. The Us treasury may since their function is to fund govt spending.

regards
Why is it that attack FED or Bernanke?I do not therefore understand.
  • #6,326
  • Mar 19, 2009 2:21pm Mar 19, 2009 2:21pm
Quoting auxesis
Fti,

Thanks for your insights,

I recalled the other day catching some buzz about a proposed tariff that affected China and they responded by stating they would cease the purchase of treasuries. I tried to find a release but none yet. Back of my mind though that the Feds actions may be some type of preventive action for the above, and not necessarily whats being reported.

Doesn't matter just follow the money. Did see where the pressure is on the ECU to follow suit, something to watch.

regards,
political analysis had never been my strength, esp international relations. One day they are blowing each other up and the next blowing each other kisses. My strengths is in flowing the footprints they leave behind.

regards
  • #6,327
  • Mar 19, 2009 2:23pm Mar 19, 2009 2:23pm
Quoting Gro
Why is it that attack FED or Bernanke?I do not therefore understand.
neither do I, my friend.
Maybe thats why Heli didn't answer them.

regards
  • #6,328
  • Mar 19, 2009 2:24pm Mar 19, 2009 2:24pm
Quoting fti
political analysis had never been my strength, esp international relations. One day they are blowing each other up and the next blowing each other kisses. My strengths is in flowing the footprints they leave behind.

regards

...this is actually true

  • #6,329
  • Mar 19, 2009 2:35pm Mar 19, 2009 2:35pm

I think a little fun:

„ in spite of many people thinks, that the markets they don't know, what's this in aid of, markets very play card right, so that it, that the irresponsive, namely in spite of the fact, how so government stuffs to all to the head, every time government will come with new programme, markets come down more and more."
  • #6,330
  • Mar 19, 2009 2:37pm Mar 19, 2009 2:37pm
Fti, you are absolutely right. The snake oil presented me with a 45% drawdown to manage. I can't remember one single misconception from you, expcept maybe that I am a salesman. I am not. If I were I would starve to death. Sorry to have misunderstood your "oriental style" of teaching. All the best with my respect and admiration.
  • #6,331
  • Edited 3:22pm Mar 19, 2009 2:52pm | Edited 3:22pm

fairy tale:

(wrong mindset)


Inserted Video


  • #6,332
  • Mar 19, 2009 3:31pm Mar 19, 2009 3:31pm
Quoting fti
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
Thanx for your feedback fti!
I really appreciate it.

It is difficult to find and walk on the right way, when you are alone with your thoughts only. There is much room for interpretations in your teachings - or I have not read it with the needed level of exactness.
But the most difficult thing is to reanalyse your doing critically, when you have success with your mutations ...

But I'm working on it and will hopefully get closer to your teachings and your art of dancing.

Kind regards,
MaMood
  • #6,333
  • Mar 19, 2009 4:14pm Mar 19, 2009 4:14pm
Good to see the active thread, gives one a bit to read when back on.
I look forward to the next session.
  • #6,334
  • Mar 19, 2009 9:06pm Mar 19, 2009 9:06pm
Quoting Jairo
Fti, you are absolutely right. The snake oil presented me with a 45% drawdown to manage.
1. You are lucky it is only 45%. The EA I got from a FM would get me a margin call if I didn't abort manually.

2. Just to share this: lately one of my friend got hold of another EA, touted to be used by institutions only and of great result. Only after much negotiating, my friend got it (for a "friendship" fee that is still too expensive for retail traders in my opinion) to run on his live account, and has been sharing the account statement with me daily. The result: -17.45% as at 2009-03-19, some 2 months after.
  • #6,335
  • Mar 19, 2009 10:30pm Mar 19, 2009 10:30pm
Quoting hcong168
1. You are lucky it is only 45%. The EA I got from a FM would get me a margin call if I didn't abort manually.

2. Just to share this: lately one of my friend got hold of another EA, touted to be used by institutions only and of great result. Only after much negotiating, my friend got it (for a "friendship" fee that is still too expensive for retail traders in my opinion) to run on his live account, and has been sharing the account statement with me daily. The result: -17.45% as at 2009-03-19, some 2 months after.
Hi hcong,
One thing I learnt really well is there no magic system that can collect pips for you. This is re-iterated by senior traders (including FTI). The magic is within us. One who discovers finds the light. It looks like most of the people in this thread are in the right path.
Sorry for your friend. Hope he didnot shellout too much of his capital. Point him to this thread. He will be thankful.

Regards,
- WaveRider3
  • #6,336
  • Edited 2:49am Mar 20, 2009 12:07am | Edited 2:49am
Quoting WaveRider3
Hi hcong,
One thing I learnt really well is there no magic system that can collect pips for you. This is re-iterated by senior traders (including FTI). The magic is within us. One who discovers finds the light. It looks like most of the people in this thread are in the right path.
Sorry for your friend. Hope he didnot shellout too much of his capital. Point him to this thread. He will be thankful.
1. I am of the same view: no magic system. So we are on the same side.

2. I had already pointed this thread to him (in fact, and many others). But I cannot bring the cow to drink water if it don't lower its head. And he has been doing quite well trading other methods. So be it.
  • #6,337
  • Mar 20, 2009 12:49am Mar 20, 2009 12:49am
i see this thread under trading discussion under the main page..

well i guess thats why i see so many new faces under who watching the thread...

Long EUR made some pips right now on sideline.... feeling its not going more up....

letting chart to tell me



V
  • #6,338
  • Mar 20, 2009 3:09am Mar 20, 2009 3:09am
good trading to all
stay nimble
and have a good weekend afterwards
To Live is the rarest thing in the world , Most people exist , that is all
  • #6,339
  • Mar 20, 2009 3:19am Mar 20, 2009 3:19am
Quoting maheswara
good trading to all
stay nimble
and have a good weekend afterwards
Trade safe as today is Options Expiry day, right maheswara?
  • #6,340
  • Mar 20, 2009 3:22am Mar 20, 2009 3:22am
Quoting belekas
Trade safe as today is Options Expiry day, right maheswara?
yup

I remembered you making a killing on the last triple witching Friday , didnt you ?
To Live is the rarest thing in the world , Most people exist , that is all
105 traders viewing now