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Technical Analysis Fallacy

  • #9,501
  • Aug 8, 2009 2:42pm Aug 8, 2009 2:42pm
Quoting Zoran
She looks like a porn star
Indeed.
A russian currency to trade?
Empty as water and soft as a facing wind mountain
  • #9,502
  • Aug 9, 2009 4:32am Aug 9, 2009 4:32am
Quoting luSan
Indeed.
A russian currency to trade?
Of course, just be mindful of the volatility when dancing with the lady.
  • #9,503
  • Aug 9, 2009 2:21pm Aug 9, 2009 2:21pm
Quoting j-pax
hello all,

wall street warriors i think is an interesting documentary about the different caracters on wall street. the daytrader between minute 2 and 5 (in the youtube link) looks like a professional to me. he appears troughout the serie.
http://www.youtube.com/watch?v=R5FXaa1n40s

i hope everyone is enjoying the weekend
Nope , sorry , See no pros in video, The russian, hum?? maybe. but still punters and many pit order fillers.
The astrology chap, I won;t trust him to walk my dog.

regards
  • #9,504
  • Aug 9, 2009 2:24pm Aug 9, 2009 2:24pm
Quoting luSan
Man,
what a blond!
I think I will visit the man, get my horoscope done,
and get her phone number.
Opps...I forgot..I already have a boss.
Ai ya Lusan , male brain in full moon. May be market problems may not be your problem, careful about lossing ears, or............. castration seems in thingy these days.
  • #9,505
  • Aug 9, 2009 2:28pm Aug 9, 2009 2:28pm
Quoting lilpip
my view of the e/u terrain as I try to keep an eye on the yearly or major trend, (up from 4094 area).
monthly terrain of aug.
4500
3936
3373
last weeks weekly terrain
4356
4131
3936
this weeks terrain and areas of extra interest.
4430
4154
3992
my bias is up from 4154 area.
I ended up hedged 1.4050- 4430 for the long sword as I stood aside during nfp and was busy with other things throughout the day I was not sure what to do and quite frankly I still don't after that strong move down from 4445.
Will see what the week brings.
Looks to me , like you may be heading for a lot of trouble, if you keep thinking like this. Sure , its nice to know the landscape of your dance floor. But with volatility as we had seen, anything is possible. Hope those views you have , do not freeze you when the music begins.

regards
  • #9,506
  • Aug 9, 2009 2:30pm Aug 9, 2009 2:30pm
Quoting M-H Trader
The elephant man too LOL
I see. Good music to get the heart pumping.
  • #9,507
  • Aug 9, 2009 2:36pm Aug 9, 2009 2:36pm
All eagle eyes, going for another hunt, this weeks gonna be fun.

regards
  • #9,508
  • Edited 3:14pm Aug 9, 2009 2:41pm | Edited 3:14pm
Quoting btr5596
Good Morning FTI,

I rewatched the clip, and I think I understand...He was speaking with the broker on the phone who was trying to get him filled/get quotes from different banks; banks who were making the market....
yes , seems he was. I don't like traders who have no finnese in their language,( he's not on a trading floor), it just shows his class, their egor will take them down mostly. And If you asked me he's a little sugar high.

If he called me for a price and spoke like that, He'll be speaking to the dailing tone. probably thats why he needs his brokers.


regards
  • #9,509
  • Aug 9, 2009 2:47pm Aug 9, 2009 2:47pm
1 Million Evacuated as Typhoon Hits China after causing worst flooding in Taiwan in 50 years.

Also hearing earthquake in Japan. Watch the japanese Girl.
  • #9,510
  • Aug 9, 2009 2:47pm Aug 9, 2009 2:47pm
Quoting fti
Ai ya Lusan , male brain in full moon. May be market problems may not be your problem, careful about lossing ears, or............. castration seems in thingy these days.

You will enjoy this one...I better watch out!
http://www.telegraph.co.uk/news/worl...-genitals.html
Empty as water and soft as a facing wind mountain
  • #9,511
  • Edited 3:17pm Aug 9, 2009 3:05pm | Edited 3:17pm
Quoting luSan

You will enjoy this one...I better watch out!
http://www.telegraph.co.uk/news/worl...-genitals.html

Interesting, see what I mean.
Like one story I heard. "There ain't no fury, like......"
be nice, you have penance to pay for TRYING to be naughty. be nice, she'll understand that you didn't mean to rub her the wrong way. I hope.

If you do get into a whole lot odf trouble, you may like to reassure her of her kingdom? . Boys will be Boys.
regards
  • #9,512
  • Aug 9, 2009 3:24pm Aug 9, 2009 3:24pm
opens
14178/83
16672/78
9763/68

Inserted Video
  • #9,513
  • Edited 5:02pm Aug 9, 2009 4:32pm | Edited 5:02pm
hello all,

every week i see first price action 2 hours ago (on oanda). this sunday just a flat line.....

is there something wrong with oanda or are traders waiting for direction??

if they are waiting and i guess nervous i wake up tommorow curious to see a big spike one way or the other.

good night and good day asia

edit: on live account everything was normal.....
even with my eyes open i cannot see everything
  • #9,514
  • Aug 9, 2009 9:07pm Aug 9, 2009 9:07pm
Hi friends,
Started the week with a scout in long on the EUR/USD at 1.4196 about an hour after the Tokyo open, first attack of the day up to the 1.4200 level. Still have the scout out at 1.4196 and doing some attacking with the troops above 1.4200 at the moment. At this stage just keeping with today trend which is up. Price is trying hard to get above 1.4205 as I write.
All the best. Ray
  • #9,515
  • Aug 10, 2009 1:02am Aug 10, 2009 1:02am
Hey guys,
I know I am going to get shit for this, but I feel that it might be necessary. The trader in the video is Paul Tudor Jones isnt he? he is a futures trader.. and is mentioned in Market Wizards by Jack D Swagger. He is in the same league as Richard Dennis...in my personal opinion, he is way up there.. and in his time was competing for funds with the likes of Soros and etc.. he may be new to FX, but I think he is one of the biggest S&P futures traders out there.. Even Stanley Drukenmiller draws reference to him..

I am just lost.. is he really a bad trader? his net worth currently is in the billions.

Regards.. try not to be too hard on me.. although I am preparded..
  • #9,516
  • Aug 10, 2009 1:18am Aug 10, 2009 1:18am
People jump in Wall Street to make billions, and walk away with nothing. That's normal.
  • #9,517
  • Aug 10, 2009 1:31am Aug 10, 2009 1:31am
Quoting 012
Hey guys,
I know I am going to get shit for this, but I feel that it might be necessary. The trader in the video is Paul Tudor Jones isnt he? he is a futures trader.. and is mentioned in Market Wizards by Jack D Swagger. He is in the same league as Richard Dennis...in my personal opinion, he is way up there.. and in his time was competing for funds with the likes of Soros and etc.. he may be new to FX, but I think he is one of the biggest S&P futures traders out there.. Even Stanley Drukenmiller draws reference to him..

I am just lost.. is he...
hey 012, it is verydifficult to get this video... it seems because mr. tudor jones tried to make it disapear....

it'smy guess some time after the release he agreed with fti's opinion.
even with my eyes open i cannot see everything
  • #9,518
  • Aug 10, 2009 1:45am Aug 10, 2009 1:45am
I have trouble understanding how he is regarded as a novice trader...he has at least 30 years of trading experience.. and he is still doing it.. made 750m usd in 06.. and I have watched the video when it was launched on zero hedge... help me FTI!! I NEED CLARIFICATION!! =)
  • #9,519
  • Aug 10, 2009 2:51am Aug 10, 2009 2:51am
Quoting 012
I have trouble understanding how he is regarded as a novice trader...he has at least 30 years of trading experience.. and he is still doing it.. made 750m usd in 06.. and I have watched the video when it was launched on zero hedge... help me FTI!! I NEED CLARIFICATION!! =)


Hello everyone
I agree with you, I like Schwager’s book and always thought that traders featured in Market Wizards were all pros, because their results were consistent and known to the public.
the worst horse can be the best one
  • #9,520
  • Aug 10, 2009 2:52am Aug 10, 2009 2:52am
Quoting 012
I have trouble understanding how he is regarded as a novice trader...he has at least 30 years of trading experience.. and he is still doing it.. made 750m usd in 06.. and I have watched the video when it was launched on zero hedge... help me FTI!! I NEED CLARIFICATION!! =)
lol,
wat exactly do u want to hear him say ?
if u think he is a great trader , then he is a great trader ...
y do u need someone to alter your belief ?
have your own conviction friend ...
To Live is the rarest thing in the world , Most people exist , that is all
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