Technical Analysis Fallacy | Page 366 | 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

  • #7,301
  • Jun 12, 2009 2:49am Jun 12, 2009 2:49am
Quoting Ronin
Hello Fti and everyone,

I see you made a killing on this move. I did some good attack as well, but I’m just training on demo.
It’s funny that only after hours of watching and following market with it’s rhythm,
One can get the real edge-FEEL.
If I would just look at the charts for the first time, that trade wouldn’t be so obvious.
I wish I could battle more but unfortunately got other duties.
Good luck to everyone
yeah Ronin,
Sometimes quick sometimes slow, depends on her, and self frame of focus+mindset.

regards

sx 2x74
  • #7,302
  • Jun 12, 2009 2:56am Jun 12, 2009 2:56am
sx3x64
  • #7,303
  • Jun 12, 2009 3:14am Jun 12, 2009 3:14am
Quoting fti
sx3x64
Hi, FTI:

I am with you. I shorted E/U and G/U too. Seems G/U is weaker.
  • #7,304
  • Jun 12, 2009 3:22am Jun 12, 2009 3:22am
Hi, FTI:

Now it is 16:21pm, on 5M E/U chart, is it a flag or a bottom forming?
  • #7,305
  • Jun 12, 2009 3:36am Jun 12, 2009 3:36am
feels like impending down move is due... still have quarter scout left ...just in case feel is rite ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #7,306
  • Jun 12, 2009 3:46am Jun 12, 2009 3:46am
bx 6x 56
squared


Market too tight.
Bukkdozer still required
  • #7,307
  • Jun 12, 2009 3:49am Jun 12, 2009 3:49am
Quoting Green_David
OK. First, buy-and-hold or riding, you should not do it on a wrong position (against trend).
Did a post I made in the lounge discussing my longer term strategy encourage you to buy and hold?

I did not go into enough detail for anyone to understand what I am doing and I wouldn't encourage it. I posted it thinking I may have stumbled onto the basics of the long sword and I have been probing fti on it to see if I am anywhere near.

I think it's best that I research it myself and satisfy my curiosity rather than post potentially dangerous and off topic posts.
  • #7,308
  • Jun 12, 2009 3:55am Jun 12, 2009 3:55am
Quoting Zoran
Did a post I made in the lounge discussing my longer term strategy encourage you to buy and hold?

I did not go into enough detail for anyone to understand what I am doing and I wouldn't encourage it. I posted it thinking I may have stumbled onto the basics of the long sword and I have been probing fti on it to see if I am anywhere near.

I think it's best that I research it myself and satisfy my curiosity rather than post potentially dangerous and off topic posts.
Thanks for clarification.Zoran.
No need to worry too much, markets will teach,
Just be receptive.
Long Sword need much market structure understanding.
Slowly , many subjects, and very on the surface notes.
Have to dig and think, then slowly it will come.
even ability on option subject alone may disorientate newbies easily. Gotta get tp understand the NATURE of the synthetics.

regards
  • #7,309
  • Jun 12, 2009 3:57am Jun 12, 2009 3:57am
Seems Euro zone tried, still no clues .
Maybe NY, without figs,may be whippy, try not to rush entries,bargain, unless meet rushing streams.

Even I am having headache.

regards
  • #7,310
  • Jun 12, 2009 4:07am Jun 12, 2009 4:07am
a small army , if deployed at good timings numerous times can constitute a good profit
To Live is the rarest thing in the world , Most people exist , that is all
  • #7,311
  • Jun 12, 2009 4:08am Jun 12, 2009 4:08am
I don't really want to make assumptions here, in case readers get confused, however, looking at the whole week with cable as example, meaningful money is made with USD bear side, my only losing position was a USD bull yesterday, maybe its just my bias....

regards


edit: what an untimely post....lol
  • #7,312
  • Jun 12, 2009 4:11am Jun 12, 2009 4:11am
Quoting Zoran
Did a post I made in the lounge discussing my longer term strategy encourage you to buy and hold?

I did not go into enough detail for anyone to understand what I am doing and I wouldn't encourage it. I posted it thinking I may have stumbled onto the basics of the long sword and I have been probing fti on it to see if I am anywhere near.

I think it's best that I research it myself and satisfy my curiosity rather than post potentially dangerous and off topic posts.
Really?

I shorted @4086, 4089, still holding them, now it is 4044, which is better, of course I reduced my positions at 4060 before data. would you jump in now and chase the market? I shorted G/U @6551, now it is 6461, holding tight and not shaked out by a rebound, which is better?

Dear Zoran, if you think it is off the TAF topic, I will shut up.

Have a nice day, my friend. You are still my friend.
  • #7,313
  • Jun 12, 2009 4:18am Jun 12, 2009 4:18am
Quoting Green_David
Really?

I shorted @4086, 4089, still holding them, now it is 4044, which is better, of course I reduced my positions at 4060 before data. would you jump in now and chase the market? I shorted G/U @6551, now it is 6461, holding tight and not shaked out by a rebound, which is better?

Dear Zoran, if you think it is off the TAF topic, I will shut up.

Have a nice day, my friend. You are still my friend.
Ai Ya , went for a shower and she comes.
too bad for me.

David, the money makes things right always.
No need to split hairs over it.
Right concept is very important, so long as each is comfortable with your tweaks and have a good book.

Different learning curves,even same Mo may get different prices, even sides sometimes.

regards

Me, Back to music therapy , before next battle.
  • #7,314
  • Jun 12, 2009 4:23am Jun 12, 2009 4:23am
Greetings all, interesting London, I see you all making some money

Need coffee....
  • #7,315
  • Jun 12, 2009 4:28am Jun 12, 2009 4:28am
and hello fti!!!

Good to see ya all here again.

Juso
  • #7,316
  • Jun 12, 2009 4:46am Jun 12, 2009 4:46am
Quoting fti
Ai Ya , went for a shower and she comes.
too bad for me.

David, the money makes things right always.
No need to split hairs over it.
Right concept is very important, so long as each is comfortable with your tweaks and have a good book.

Different learning curves,even same Mo may get different prices, even sides sometimes.

regards

Me, Back to music therapy , before next battle.
Thank you FTI. I started to take profit, E/U 4035 closed, G/U 6430 with 100+ pips. I know buy-and-hold (riding) has its own Achines angle. I am trying to make a balance. And to fight with my own mindset problems, it is a better stretegy with sound risk control.

Wish you have a good return in US session.
  • #7,317
  • Jun 12, 2009 4:47am Jun 12, 2009 4:47am
Timber

Inserted Video
  • #7,318
  • Jun 12, 2009 4:53am Jun 12, 2009 4:53am
Quoting Green_David
Really?

I shorted @4086, 4089, still holding them, now it is 4044, which is better, of course I reduced my positions at 4060 before data. would you jump in now and chase the market? I shorted G/U @6551, now it is 6461, holding tight and not shaked out by a rebound, which is better?

Dear Zoran, if you think it is off the TAF topic, I will shut up.

Have a nice day, my friend. You are still my friend.
David, of course we are friends. I am here to help and challenge which I hope is seen as constructive.

My strategy has a lot to it. It is based on AOW - where I enter knowing the battle is already won. I select the terrain and wait patiently for the opportunity to presents itself. When I enter I surround and capture the market and I will only release it when it has surrendered what I want. If it fights, I will only get stronger.

Now can you see that what you are asking and what I am thinking seem to be worlds apart? I am going to research the long sword to see if my strategy fits better there but there is no point going any further. It will distract others and start off-topic discussions.
  • #7,319
  • Jun 12, 2009 4:57am Jun 12, 2009 4:57am
Zoran,

Why the emphasis on the long sword? Is it because of time constraints?
  • #7,320
  • Jun 12, 2009 5:34am Jun 12, 2009 5:34am
Quoting auxesis
Zoran,

Why the emphasis on the long sword? Is it because of time constraints?
I just feel drawn to it. Might need to satisfy my curiosity to see if there is anything of value for me.
13 traders viewing now