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Technical Analysis Fallacy

  • #8,881
  • Jul 16, 2009 7:09am Jul 16, 2009 7:09am
Quoting pete.alfa
Hi fti & everyone,

I'm new to this thread - read just up to 100 pages.
Thanks fti for your time & consider money too coz 'time is money' lol & also thank to everyone in this thread.

Finally I've found the thread I was looking for so long where the real big guy teach you how they trade cos you want to catch their bus then you have to learn how they do it. And the best thing is that fti has been or still be the top gun from big institutions ( not one but many) and also high rank some more!!! so what we gain from this thread is not catching...
Thanks for all the kind words.

Read slowly and think about it.

then you have to have hands on practise. And do it small until you are satisfied of your probabilities.

Good Fortune
regards
  • #8,882
  • Jul 16, 2009 7:12am Jul 16, 2009 7:12am
Quoting fti
You mistaken I am not fan.
Anyone caught the USD Bear?

Figs out 8:30
becareful.
mostly be nimble.

ok no fan....

never catch any usd bear
  • #8,883
  • Jul 16, 2009 7:18am Jul 16, 2009 7:18am
Still beware of USD bear.

but square out first for fig.

It s gonna be musical chairs after 8:30Unemployment Claims
  • #8,884
  • Jul 16, 2009 7:30am Jul 16, 2009 7:30am
hopefully its rock music or heavy metal type

craving for action
  • #8,885
  • Jul 16, 2009 7:37am Jul 16, 2009 7:37am
Music chair
  • #8,886
  • Jul 16, 2009 7:39am Jul 16, 2009 7:39am
Good trading day to everyone. Been trying to jump on the dollar bear this morning with little luck. US figs are out now, so lets see where we go. Way to go Belekas!
  • #8,887
  • Jul 16, 2009 7:41am Jul 16, 2009 7:41am
Quoting GEfx
Good trading day to everyone. Been trying to jump on the dollar bear this morning with little luck. US figs are out now, so lets see where we go. Way to go Belekas!
  • #8,888
  • Jul 16, 2009 7:54am Jul 16, 2009 7:54am
No much reaction to the figs...
will the bulls come back?
The bears do not look too real to me.
But who knows...anything is possible.
Empty as water and soft as a facing wind mountain
  • #8,889
  • Jul 16, 2009 7:59am Jul 16, 2009 7:59am
Quoting belekas
I've been walking up to the approach to trading where I take some profit on trades (1/2 off sometimes too early) and letting the rest ride for a longer timeframe. Still closing everything within a few hours, but looking at my trades this week on the CAD, if I had left 20% of all orders on until today, would have made many more pips with no risk, and would have been able to protect profits across the board with trailing protection. Will continue to grow in that direction. Glad to hear of your success. Well done.
  • #8,890
  • Jul 16, 2009 8:07am Jul 16, 2009 8:07am
Quoting GEfx
I've been walking up to the approach to trading where I take some profit on trades (1/2 off sometimes too early) and letting the rest ride for a longer timeframe. Still closing everything within a few hours, but looking at my trades this week on the CAD, if I had left 20% of all orders on until today, would have made many more pips with no risk, and would have been able to protect profits across the board with trailing protection. Will continue to grow in that direction. Glad to hear of your success. Well done.
Yes, there was a bunch of pips that Loonie offered. I was away when my setup popped. Keep learning and never stop. Thats the only way to success.
  • #8,891
  • Jul 16, 2009 8:17am Jul 16, 2009 8:17am
Not sure if we are hunting bulls or bears right now, but the $/CHF is getting very close to the SNB intervention price level of a few weeks ago. Might be worth keeping an eye on for the next few days along with everything else traders are watching.
  • #8,892
  • Jul 16, 2009 9:52am Jul 16, 2009 9:52am
There is no market now. wasting time. twinlght zone trades better than this.


Goodnite.

regards
  • #8,893
  • Jul 16, 2009 10:53am Jul 16, 2009 10:53am
Quoting aiyahmarklah
HOLA fti and all...

Teresa Teng fans here ? count me in too !!

http://www.youtube.com/watch?v=7nWgH5-5K_0
Hi aiyahmarklan,

I'm her fan too 'The moon represents my heart' is very beautiful song I already have listened 3 times might be another one more time lol. My tears were nearly fallen while listening to the song so sad she shouldn't pass away that soon.

fti,
You are not only a master of trader but yet you are very romantic person. I've seen the way you selected songs. I guess there would be many girls chasing after you when you were young or may be even now lol.
  • #8,894
  • Edited 12:28pm Jul 16, 2009 11:16am | Edited 12:28pm
Quoting pete.alfa
Hi aiyahmarklan,

fti,
You are not only a master of trader but yet you are very romantic person. I've seen the way you selected songs. I guess there would be many girls chasing after you when you were young or may be even now lol.
Hi pete,
Thanks pete , Welcome welcome
Such a high chair, is dangerous for old man like me.
I guess I had my share of being naughty when I was younger. But now I am beyond that scope of activities.

Mainly I am a nature boy, when not stuck on the trade screens and phone and I devote the balance of what time I can, to my family and posting here. Social live is very limited to some old friends and a scout group. And I had been on the wagon for many years in so fra as liquor is concerned. But thanks for your observations. Does it show?

I post much of LiJun's song as I listen to lots of them, mainly because she was my friend , when she was touring Malaysia,Singapore and Indonesia in the late 70s. She was 4 years my senior, and she used to ride my scrabbler to the Port Dickson Beach, her favourite hide out then.

As sharp as you are, I would believe you will have a good understanding of what is presented about trading.

Good Fortune
regards

And since we are on a Teresa festival.

Careless Whispers
Inserted Video


Yes, 愛につつまれ
Inserted Video


娘心Mother's Heart
Inserted Video


つぐない / 偿还(日)
Inserted Video


When I can find the postings, One day I may show you her"private songbook"
  • #8,895
  • Jul 16, 2009 12:11pm Jul 16, 2009 12:11pm
WOT ?!! you know her personally ? that's so cool...

sir are you waiting for a possible move before US close ?
  • #8,896
  • Jul 16, 2009 12:22pm Jul 16, 2009 12:22pm
Quoting aiyahmarklah
WOT ?!! you know her personally ? that's so cool...

sir are you waiting for a possible move before US close ?
yes mark,
just to see, if the USD Bear will show.
There's too much reporting of the US, gonna hit the fan again.

regards
  • #8,897
  • Jul 16, 2009 12:27pm Jul 16, 2009 12:27pm
heh nice looking bars on the hourly....if this week's action is of any indication it may move just after stock market closes
  • #8,898
  • Jul 16, 2009 12:41pm Jul 16, 2009 12:41pm
Quoting aiyahmarklah
heh nice looking bars on the hourly....if this week's action is of any indication it may move just after stock market closes
Only wish I had crystal ball, unfortunately, like everyone else, I have to stalk the markets.

regards
  • #8,899
  • Jul 16, 2009 12:52pm Jul 16, 2009 12:52pm
me no crystal balls lah...

seeing some paws already...
  • #8,900
  • Edited 1:08pm Jul 16, 2009 12:56pm | Edited 1:08pm
Quoting aiyahmarklah
me no crystal balls lah...

seeing some paws already...
yes, paws shows. but is mama bear around. Just gotta keep dancing.

there the USD bears arrives.
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