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Technical Analysis Fallacy

  • #10,421
  • Sep 13, 2009 4:50pm Sep 13, 2009 4:50pm
Quoting j-pax
hello lilpip,

the trend looks strong in all pairs.

greets, pax
10-4 on the strong trends.
Having a sense of direction or not on friday, Im in the here and now today.
My bias is up from e/u 4604 area and down below it.
  • #10,422
  • Sep 13, 2009 7:28pm Sep 13, 2009 7:28pm
Starting out it looks like the $ is on the move gaining on all 3
  • #10,423
  • Edited 8:28pm Sep 13, 2009 7:37pm | Edited 8:28pm
Quoting auxesis
Starting out it looks like the $ is on the move gaining on all 3
ah...the dollar is strong...I just got my trades closed...good night...and watch out:all 3 kings seem alighned with the bulls.
Empty as water and soft as a facing wind mountain
  • #10,424
  • Edited 9:53pm Sep 13, 2009 9:21pm | Edited 9:53pm
Quoting luSan
ah...the dollar is strong...I just got my trades closed...good night...and watch out:all 3 kings seem alighned with the bulls.
watchen to see how 4550 area reacts, walked down with her now up.
  • #10,425
  • Sep 14, 2009 3:12am Sep 14, 2009 3:12am
Hi Everybody,

What a journey you guys have been through. WOW!!!

I really don't know how to thank FTI for helping me get out from the TA MARSH.
I appreciate everybody that has contributed to this thread. especially leighsww, Zoran, luSan, opie999, Islander, Dopey, doremi, MickD, GEfx, maheswara, ...

Actually I've read up to page 150. I'll go through the rest in another time. For now I would like to start from the beginning and FIX my mindset.

BTW, would anyone care to send me the "Tunnel Through The Air or Looking Back From 1940" Ebook please?
  • #10,426
  • Sep 14, 2009 3:43am Sep 14, 2009 3:43am
Happy trading day everyone. Just finished working up my charts and ready for action. Fresh cup of coffee and a clear mind. Let's go! Welcome aboard, Eiman.
  • #10,427
  • Edited 3:56am Sep 14, 2009 3:46am | Edited 3:56am
Quoting GEfx
So, why do you argue about his other contributions to the thread? I believe it is also arrogant and disrespectful to the teacher and host of this thread.

You clearly have a problem with religion and those who practice it. That is ok and your right. None of us here will change your (closed) mind, so the efforts should now stop. May I suggest you open a journal and post your anti-religious stuff there? I will be more than willing to share trading ideas with you, but will now ignore your other posts. I think this thread should get back to things...
I have never made a single comment on any of fti's religious comments, as I did respect that it was his thread. I do not believe that this gives you and anyone else free reign to preach your beliefs at the rest of us unopposed though. To me you are typical of many Christians I have met, who love to accuse others of having a closed mind when they themselves are unwilling to look at any evidence outside that of the writings in a single tome. I have found your proselytising and condescension on this thread both arrogant and disrespectful to me and any others who do not happen to share your narrow beliefs.

I will however now depart from this thread so you can have the last word unopposed if you feel it is important to your ego and beliefs. I already suggested that we drop this discussion out of respect to the thread starter, but you chose to continue with your preaching, only to turn round and suggest that I should have better manners - how very typical of your type. Try to look at your own faults before throwing you weight around and making baseless criticisms of others. If that is what your religion has taught you then I am happy not to have any part in it.

EDIT: I will just add that even if I did have no respect for fti (of which I actually have a great deal), his religious comments are not made in the same tone as yours and from his other posts one can see that he has knowledge of a wide range of philosophies and I believe him to be somebody with a very open and spiritually mature outlook on life.
  • #10,428
  • Edited 5:27am Sep 14, 2009 4:51am | Edited 5:27am
OK, taken a long position on the $/CAD at 1.0878 and will give it a bit of room to retrace from current price of .0895 for a run further north. Hope you are all trading well.

Edit: Added to my position at 1.0882, will exit both at just below first trade, but am looking for something above 1.0900. AVerage price is 1.0880. If price falls below my exit price I will look for another postion in the .0856 to .0862 range, maybe.
  • #10,429
  • Sep 14, 2009 4:57am Sep 14, 2009 4:57am
Quoting Eiman
BTW, would anyone care to send me the "Tunnel Through The Air or Looking Back From 1940" Ebook please?
Hummm.........

I don't recall any of Mr. Gann's material being on the reading list, does not fit the threads modus operandi.
  • #10,430
  • Sep 14, 2009 5:10am Sep 14, 2009 5:10am
Quoting auxesis
Hummm.........

I don't recall any of Mr. Gann's material being on the reading list, does not fit the threads modus operandi.
Hi auxesis,

He posted it on post #1561 and deleted it the day after.
  • #10,431
  • Sep 14, 2009 5:22am Sep 14, 2009 5:22am
Quoting Eiman
Hi auxesis,

He posted it on post #1561 and deleted it the day after.
Hi Eiman,

Just my humble observations, if FTI deleted it, there's probably good reason for such.

Having studied Gann and his book "Tunnel through the Air", I fail to see how the Application of any Gann methodology or the cryptic writing of "Tunnel through the Air" have any part of the thread.

Humble regards, and welcome to the thread
  • #10,432
  • Sep 14, 2009 5:34am Sep 14, 2009 5:34am
Quoting GEfx
OK, taken a long position on the $/CAD at 1.0878 and will give it a bit of room to retrace from current price of .0895 for a run further north. Hope you are all trading well.

Edit: Added to my position at 1.0882, will exit both at just below first trade, but am looking for something above 1.0900. AVerage price is 1.0880. If price falls below my exit price I will look for another postion in the .0856 to .0862 range, maybe.
Morning GEfx,

Markets seem to be at their current limits for the moment, maybe a brief pause and reset as the NY boys come online, should be an active day and week.

regards
  • #10,433
  • Sep 14, 2009 5:35am Sep 14, 2009 5:35am
Quoting GEfx
OK, taken a long position on the $/CAD at 1.0878 and will give it a bit of room to retrace from current price of .0895 for a run further north. Hope you are all trading well.

Edit: Added to my position at 1.0882, will exit both at just below first trade, but am looking for something above 1.0900. AVerage price is 1.0880. If price falls below my exit price I will look for another postion in the .0856 to .0862 range, maybe.
1.0900 was just hit again, and am now protecting the average entry price on these trades.

Edit: flat
  • #10,434
  • Sep 14, 2009 5:38am Sep 14, 2009 5:38am
Quoting auxesis
Morning GEfx,

Markets seem to be at their current limits for the moment, maybe a breif pause and reset as the NY boys come online, should be an active day and week.

regards
Hi auxesis, I think you are correct. I have been playing with the CAD this morning waiting to see where the market goes from these levels re: the euro and gbp. Seems a bit tricky right now, so being careful. Have a good trading day. and lets go NY.
  • #10,435
  • Sep 14, 2009 6:07am Sep 14, 2009 6:07am
Quoting GEfx
1.0900 was just hit again, and am now protecting the average entry price on these trades.

Edit: flat
Played this one too close. Just jumped to 1.0925...oh well!
  • #10,436
  • Sep 14, 2009 6:11am Sep 14, 2009 6:11am
Quoting GEfx
Played this one too close. Just jumped to 1.0925...oh well!
I saw that,

Cad marches to the beat of a different drummer.
  • #10,437
  • Sep 14, 2009 6:38am Sep 14, 2009 6:38am
Quoting Eiman
Hi Everybody,

What a journey you guys have been through. WOW!!!
Hi Eiman, there are two books that were mentioned. PM me your email address and I'll send them both.
  • #10,438
  • Sep 14, 2009 6:43am Sep 14, 2009 6:43am
Quoting auxesis
Hummm.........

I don't recall any of Mr. Gann's material being on the reading list, does not fit the threads modus operandi.
Gann has been mentioned a few times but we don't use any of his "predictive" methods.
  • #10,439
  • Sep 14, 2009 6:55am Sep 14, 2009 6:55am
Quoting Zoran
Gann has been mentioned a few times but we don't use any of his "predictive" methods.
Zoran,

It had been a while, I now remember the discussion on that, apologies Eiman, i forgot the book was mentioned. didn't want to see the thread derailed by the normal Gann discussions.

That part of the thread discussion I was mostly awol. Have read the book, from earlier studies, I'll have to relook over the material and Fti's comments.

regards
  • #10,440
  • Sep 14, 2009 7:23am Sep 14, 2009 7:23am
Quoting auxesis
Zoran,

It had been a while, I now remember the discussion on that, apologies Eiman, i forgot the book was mentioned. didn't want to see the thread derailed by the normal Gann discussions.

That part of the thread discussion I was mostly awol. Have read the book, from earlier studies, I'll have to relook over the material and Fti's comments.

regards
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