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Technical Analysis Fallacy

  • #6,381
  • Mar 24, 2009 3:46pm Mar 24, 2009 3:46pm
Quoting Peglow1
are you all planning to take over the world with this Art of War material? LOL
Peglow1
You got it....
that is the plan!

On vacation to South VA...
till next week...
happy trading to all
and
keep the faith.
Empty as water and soft as a facing wind mountain
  • #6,382
  • Mar 24, 2009 4:06pm Mar 24, 2009 4:06pm
Quoting luSan
You got it....
that is the plan!

On vacation to South VA...
till next week...
happy trading to all
and
keep the faith.
Hi luSan

Have a nice holiday.Enjoy it.

  • #6,383
  • Mar 24, 2009 6:25pm Mar 24, 2009 6:25pm
Quoting luSan
You got it....
that is the plan!

On vacation to South VA...
till next week...
happy trading to all
and
keep the faith.
Have fun lusan ,

Im off to Bali in few hours ,

Good trading to all and cya all next week

and remember always stay nimble
To Live is the rarest thing in the world , Most people exist , that is all
  • #6,384
  • Edited 11:16pm Mar 24, 2009 9:52pm | Edited 11:16pm
Hi fti, Lusan and Maheswara,

how should I make some money with your trading volume missing for the rest of the week? The markets will be almost illiquid without you ....

Wish you some relaxing days with a lot of sun!

CU,
MaMood
  • #6,385
  • Mar 25, 2009 7:08am Mar 25, 2009 7:08am
Hey guys, just turned on the computer for an hour. Whats going on with the markets? Illiquid? Prices are all over the place
Read 'The disciplined trader'.
  • #6,386
  • Mar 25, 2009 7:27am Mar 25, 2009 7:27am
Quoting hpr
Hey guys, just turned on the computer for an hour. Whats going on with the markets? Illiquid? Prices are all over the place
Lol, Geithner keeps opening his mouth. Originally he agreed with China to drop the Dollar and seek a global basket currency, then turned right around and said he didn't see any thing changing with the status of the dollar.

Yo-Yo time since.
  • #6,387
  • Edited 8:13am Mar 25, 2009 7:40am | Edited 8:13am
Im watching e/u 3550 and a/u 7020 area,they should tell us next direction.
maybe g/u 4610 will help also.
I hope all were able to stay with there trades and work out of that last move if it was against you.
  • #6,388
  • Mar 25, 2009 8:16am Mar 25, 2009 8:16am
I'm not sure what the market is thinking atm, other than hand me 4 fingers of a double malt scotch.

Geithner today has blown every trading model out there for the crystal-baller's. Read some of the other forums, many tear jerkers out there. Another prime example of applying static applications to a dynamic market.

The smack up smack down has sent many to the sidelines, seeking clarification of the talking heads intentions.

fwiw.

good trading everyone.
  • #6,389
  • Edited 8:47am Mar 25, 2009 8:27am | Edited 8:47am
Quoting auxesis
I'm not sure what the market is thinking atm, other than hand me 4 fingers of a double malt scotch.

Geithner today has blown every trading model out there for the crystal-baller's. Read some of the other forums, many tear jerkers out there. Another prime example of applying static applications to a dynamic market.

The smack up smack down has sent many to the sidelines, seeking clarification of the talking heads intentions.

fwiw.

good trading everyone.
terrain anticipated today for mm
e/u
3670-3703
3550
3398-52
I wish she would break through that 3535 area but maybe shes taking me back to 75 will see if she gets through 50.
  • #6,390
  • Mar 25, 2009 8:42am Mar 25, 2009 8:42am
Hurm.. I'm out. Good profit. See you tomorrow
Read 'The disciplined trader'.
  • #6,391
  • Edited 11:27am Mar 25, 2009 10:46am | Edited 11:27am
Whats the e/u waiting on ?
the a/u and g/u are moving.

taking g/u back to 4545 if we dont keep moving.
squaring at a/u 6936 if we get there.
lets see what e/u 3593 does.
  • #6,392
  • Mar 25, 2009 9:43pm Mar 25, 2009 9:43pm
hi all


Anyone dancing...

USD bull here..


V
  • #6,393
  • Mar 25, 2009 11:43pm Mar 25, 2009 11:43pm
Shorting the EUR/USD when price moves up to the 1.3600 - 1.3620 area
Mainly waiting for London opening to see the trend of the day, if possible.

Good trading to all. Ray
  • #6,394
  • Mar 25, 2009 11:52pm Mar 25, 2009 11:52pm
Same here. Strong fundamental data for US favor, maybe we see some long squezze. Be nimble. Also shorting EURGBP what wasn't right idea, because yesterday brown failed to finish his auction successfully. And have call USDJPY from 97.5. Technicaly we can see next week some pullback, this week it's likely to end in range 97-99. regards
  • #6,395
  • Edited 7:26am Mar 26, 2009 7:13am | Edited 7:26am
watching e/u 3533 area.
a/u 7005
  • #6,396
  • Edited 4:10pm Mar 26, 2009 2:57pm | Edited 4:10pm
I have finished reading the material on this thread. I have questions about what is presented here. For example, for fti and other regular participants: are you trading with real money? I assume you are not, but please let me know. Also, is there some place else where you talk about transitioning from the material presented to what is required to trade? There seems to be a lot missing here, at least from my perspective as a trader.

Peglow1 Signing Off

Edit: Just saw two responses to this post. I read the material in this thread and completely understand it, but thanks for your suggestions. As a point of introduction, I am an experienced trader and this was certainly not the first time through the trading and forex content, but I will admit that I learned something about the art of war. I noticed another thread that was dedicated to this one, and just was wondering if other material is spread out across FF. While this thread is not for experienced traders, I was asked by a friend to offer an opinion about the ideas presended by fti. I am trying to gather as much information as possible in as little time as possible and then I will be on my way (will not post it here).

I just thought of another question for anyone who has absorbed this material and moved on: what other thread(s) on FF was/were helpful for you in learning about the forex and trading? I noticed that lusan and leigh started their own threads, so are they good places to go? Thanks you guys and will check back. In the mean time, someone send Tim Geithner an email and ask him the shut the hell up -- LOL!
  • #6,397
  • Edited 3:41pm Mar 26, 2009 3:30pm | Edited 3:41pm
Quoting Peglow1
I have finished reading the material on this thread. I have questions about what is presented here. For example, for fti and other regular participants: are you trading with real money? I assume you are not, but please let me know. Also, is there some place else where you talk about transitioning from the material presented to what is required to trade? There seems to be a lot missing here, at least from my perspective as a trader.

Peglow1 Signing Off
Peglow,

Cant speak for everyone, but most here are trading real money. After reading the thread, if you are left with doubts, then please re-study the thread.

The basics Fti has laid out, require much self thought and screen time to truly see the value. Somehow the thread mutated into a high geared mindset, while it can be used in that fashion, imho, the original intent was that working as an ant, or as mentioned ant's work.

Personal risk appetite was stressed and then trade smaller than that to start!

Equal time was spent with identifying personal scorpions, but most of the later thread deals with mechanics.

Start over and spend time internalizing each of the topics Fti taught. It's a life long journey, getting the basics down right is necessary if your going to trade the way of void.

regards,
  • #6,398
  • Mar 26, 2009 3:41pm Mar 26, 2009 3:41pm
Quoting Peglow1
I have finished reading the material on this thread. I have questions about what is presented here. For example, for fti and other regular participants: are you trading with real money? I assume you are not, but please let me know. Also, is there some place else where you talk about transitioning from the material presented to what is required to trade? There seems to be a lot missing here, at least from my perspective as a trader.

Peglow1 Signing Off
Its all there.
If thats what you picked up after 1 reading better reread 2-3 times which is not unusual to do.
Im about ready to read it again myself.
  • #6,399
  • Mar 26, 2009 9:54pm Mar 26, 2009 9:54pm
have finished reading the material on this thread. I have questions about what is presented here. For example, for fti and other regular participants: are you trading with real money? I assume you are not, but please let me know. Also, is there some place else where you talk about transitioning from the material presented to what is required to trade? There seems to be a lot missing here, at least from my perspective as a trader.

Peglow1 Signing Off

Hi Peglow,
I am certainly using real money, and it does take a lot of practice but I am more than happy with the approach presented here by FTI.

It has been a slow asian session so far, just starting to show some action, as I write. Good trading to all. Ray
  • #6,400
  • Mar 26, 2009 10:52pm Mar 26, 2009 10:52pm
Good Morning everyone!

I have some strange feeling that the very new member peglow and rapaduski could be brothers ;-)
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