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Technical Analysis Fallacy

  • #10,481
  • Sep 15, 2009 7:54am Sep 15, 2009 7:54am
that was not my intention.. forgive me if I was too blunt.. well basically.. you could use it to share information. eg " Heard option barrier at 90.00" etc.. etc.. not for views.. more for info.. avoidance of land mines.
hehe
  • #10,482
  • Sep 15, 2009 8:01am Sep 15, 2009 8:01am
hmm looks like eur is trending with gold more so then oil...
  • #10,483
  • Sep 15, 2009 8:03am Sep 15, 2009 8:03am
oh i see... not sure ...
dont think such info is accessible to retail traders...
have u quit ur institution btw?
To Live is the rarest thing in the world , Most people exist , that is all
  • #10,484
  • Sep 15, 2009 8:09am Sep 15, 2009 8:09am
not yet.. still demo-ing on DBFX....Private Message?
  • #10,485
  • Sep 15, 2009 8:09am Sep 15, 2009 8:09am
my messenger account is [email protected]
So if someone wana add me we can chat and also chat in group
Made profits on shorting sterling and calling UY today
  • #10,486
  • Edited 9:26am Sep 15, 2009 9:16am | Edited 9:26am
012.: First study this thread.

I dont understand a purpose of doing some chat.... This thread is very, very good! That coupling often do newbies, who dont know much...
  • #10,487
  • Sep 15, 2009 9:27am Sep 15, 2009 9:27am
Quoting 012
not yet.. still demo-ing on DBFX....Private Message?
sure , send me anytime...

@pete.alfa & fana ,

hey , since u both are just starting out , it ll be nice if u both can share n discuss here , will be helpful to each other and also to those who are just starting out ,
when I first started there were other newbies too , the discussions we had was pretty helpful to understanding the MO ...
talk about skew and the art of war view of the market

good day and good trade
To Live is the rarest thing in the world , Most people exist , that is all
  • #10,488
  • Edited 9:48am Sep 15, 2009 9:28am | Edited 9:48am
g/u 6412 area of extra intrest for building long sword.
evaluating monthly time frame g/u
1.7032
1.6412
1.5791
quarterly highs evaluation
1.7957

e/u sept. monthly evaluation and areas of extra intrest
1.4512.
1.4163
1.3813
quarterly highs
1.4870
  • #10,489
  • Sep 15, 2009 9:52am Sep 15, 2009 9:52am
Quoting maheswara
sure , send me anytime...

@pete.alfa & fana ,

hey , since u both are just starting out , it ll be nice if u both can share n discuss here , will be helpful to each other and also to those who are just starting out ,
when I first started there were other newbies too , the discussions we had was pretty helpful to understanding the MO ...
talk about skew and the art of war view of the market

good day and good trade
Maheswara : Thank you, yes. I was only frightened from some chat rooms... My email is [email protected]

If i can i will help everybody here who want... With basics of course...
  • #10,490
  • Sep 15, 2009 10:07am Sep 15, 2009 10:07am
One could PREDICT for a thousand reasons that the market should move up at a specific point, and another person would PREDICT that it should go down at the same point for the SAME reasons.

Prediction is out of the question!

Does anyone here predict the move of there partner while dancing?! Does anyone predict the music?!

I guess the same goes for the market. You should go with the flow. But the question is that how would you sense it? How would you know whether it's a real move not a fake one?

After one year searching for the holy indicator, I'm back to the first step. Naked charts. Actaully I look at the volume too. Don't know if it helps.
  • #10,491
  • Sep 15, 2009 10:19am Sep 15, 2009 10:19am
Quoting Eiman
One could PREDICT for a thousand reasons that the market should move up at a specific point, and another person would PREDICT that it should go down at the same point for the SAME reasons.

Prediction is out of the question!

Does anyone here predict the move of there partner while dancing?! Does anyone predict the music?!

I guess the same goes for the market. You should go with the flow. But the question is that how would you sense it? How would you know whether it's a real move not a fake one?

After one year searching...
Hi EIMAN. How long do you trade per day...? Demo or live? Did you loose some money with trading?
  • #10,492
  • Sep 15, 2009 10:20am Sep 15, 2009 10:20am
Quoting Eiman
Actaully I look at the volume too.
Its useless...
  • #10,493
  • Sep 15, 2009 10:21am Sep 15, 2009 10:21am
Quoting Eiman
One could PREDICT for a thousand reasons that the market should move up at a specific point, and another person would PREDICT that it should go down at the same point for the SAME reasons.

Prediction is out of the question!

Does anyone here predict the move of there partner while dancing?! Does anyone predict the music?!

I guess the same goes for the market. You should go with the flow. But the question is that how would you sense it? How would you know whether it's a real move not a fake one?

After one year searching...
Congratulation!
Joinning the naked crew will make you free.
Empty as water and soft as a facing wind mountain
  • #10,494
  • Sep 15, 2009 10:22am Sep 15, 2009 10:22am
Quoting M-H Trader
Its useless...
Useless is ... dont know how to use it.
  • #10,495
  • Sep 15, 2009 10:25am Sep 15, 2009 10:25am
Quoting Fana
Useless is ... dont know how to use it.
fti explained a while ago how it is not possible to get the real voulme of the the market.
  • #10,496
  • Sep 15, 2009 10:26am Sep 15, 2009 10:26am
Quoting Eiman
Actaully I look at the volume too. Don't know if it helps.
Eiman,

What most refer too as volume in Forex is actually tic volume, how many times price changes for a specific candle/bar, not the actual volume (amount of money being traded)

It gives you a good idea, but not the same as you would see in the futures, stocks.

also, those mt4 platforms that report out to 5 decimals .00000, are more jerky and show a higher tic volume

fwiw
  • #10,497
  • Sep 15, 2009 10:27am Sep 15, 2009 10:27am
Quoting M-H Trader
fti explained a while ago how it is not possible to get the real voulme of the the market.

But yes, from this point of view...agreed...
  • #10,498
  • Sep 15, 2009 10:28am Sep 15, 2009 10:28am
Quoting Fana
That doesnt mean that it is useless...
But yes, from this point of view...agreed...
To me it is
  • #10,499
  • Sep 15, 2009 10:28am Sep 15, 2009 10:28am
Quoting Fana
Hi EIMAN. How long do you trade per day...? Demo or live? Did you loose some money with trading?
Hi Fana,

Actually I have a full time job, but I have my charts open in the background.
And also it's only been a year that I'm trading the FOREX.
I have a very small account that I trade live. Because I think that you will only sense the market in the real world not in demo. And yes I've lost money.
I stopped trading for 5 months. But I'm back live again after reading FTI's thread.
  • #10,500
  • Sep 15, 2009 10:29am Sep 15, 2009 10:29am
Quoting luSan
Congratulation!
Joinning the naked crew will make you free.

Naked Crew = Free spirit...




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