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Technical Analysis Fallacy

  • #11,861
  • Jan 3, 2010 2:50pm Jan 3, 2010 2:50pm
Quoting fti
No aux, this is a characteristic of OTC markets. It happens in the spot interbank as well. The difference is that in the interbank market access is multiple in terms of counterparties as well as medium of trading. At retail tickets and margined you are mercied to your chosen broker. and if you are apexed the same then your market access is limited. Moreover your blotter is eyeballed and your mouse monitored and reacted to at nano seconds speed. Of course if you are flash gordon , thats poses no problems.

Like I said, the comps shades reacts to...
Thanks
  • #11,862
  • Jan 3, 2010 2:50pm Jan 3, 2010 2:50pm
markets opens quiet

14220/30

cables leader 16165/75
yen is asleep still.


watching out for tear in euro cable crosses
  • #11,863
  • Jan 3, 2010 2:56pm Jan 3, 2010 2:56pm
Quoting fti
for her to be able to spring, she has to find her spring board.
until that firm support is seen, big money would be sidelined.

no one knows the time or hour, keep vigilant.

!st things first.
Gotta get a feel of what the order books looks. eyeballs on fareast/tokyo book first.
Not to be crystal ballng it but looking at the last 3 quarters I have to consider areas as extra interest
1.4561
1.4098-4117
  • #11,864
  • Jan 3, 2010 2:58pm Jan 3, 2010 2:58pm
spreads closing in

girls are sweeping for buyers at wellington.

no buying detected.

when price gets respectable made may meet an ant's scout (fti) in the field.
  • #11,865
  • Jan 3, 2010 3:09pm Jan 3, 2010 3:09pm
zone of interest
selling usd 14305/20
  • #11,866
  • Jan 3, 2010 3:14pm Jan 3, 2010 3:14pm
08/12
44/50
95/00
  • #11,867
  • Edited 5:26pm Jan 3, 2010 3:22pm | Edited 5:26pm
08/10
40/45
94/97
scout deployed 10

B x euro x L1 x 14310 ( note error posting in red
)



no business
gotta wait tokyo opens
  • #11,868
  • Edited 3:49pm Jan 3, 2010 3:33pm | Edited 3:49pm
comp shades ant
04/06
03/05
07/09

gone to breakfast, see you after breakfast
04/08
  • #11,869
  • Edited 4:38pm Jan 3, 2010 4:25pm | Edited 4:38pm
bsck

scout extracted 14316

squared

Inserted Video
  • #11,870
  • Jan 3, 2010 4:44pm Jan 3, 2010 4:44pm
Quoting aiyahmarklah
Like you say there is no real supply and demand driven price movements. In the nutshell, in retail forex, it is all artifical prices or (relative prices ?). Therefore all wins and losses are at broker levels and had no meaningful impact in the real market place. The percived trends are really just illsuions then ? ?
i think. at some point in a move the only one to provide supply is your broker or in IB the dealers... am i correct that they keep "feeding" their customers (like the Okefenokee pigs) to kill them later??

if a dealer sees he is the only one buying in a down move he knows he will make money on the upmove???

fti asked:"Do you know how to take your share?. " in a trend, i buy weakness and sell strenght. in my latest experiences often below and above obvious s/r levels.

kind greets, pax
even with my eyes open i cannot see everything
  • #11,871
  • Edited 5:48pm Jan 3, 2010 5:29pm | Edited 5:48pm
Quoting j-pax

fti asked:"Do you know how to take your share?. " in a trend, i buy weakness and sell strenght. in my latest experiences often below and above obvious s/r levels.

kind greets, pax
, needs guts and MM, right?
if wrong what do you do?

my biggest profits are in congestions, my fastest profits in a trend. Do you know why?


for traders following the trades, the 1st trade was err posted as Short , in fact as long euro
is edited above

Seems no traders following
, so I may stop posting trades

even I missed posted position no one noticed.
I am surprised no even 1 person questioned
  • #11,872
  • Jan 3, 2010 5:46pm Jan 3, 2010 5:46pm
Greeting to fti and the troops!
I am back into the game.
Selling Euro.
Ciao!
Empty as water and soft as a facing wind mountain
  • #11,873
  • Jan 3, 2010 5:49pm Jan 3, 2010 5:49pm
Quoting luSan
Greeting to fti and the troops!
I am back into the game.
Selling Euro.
Ciao!
Hi lusan,
dangerous
support found
I trying to time buying euro now.
  • #11,874
  • Jan 3, 2010 5:55pm Jan 3, 2010 5:55pm
bot L1 scout x euro x 14324
  • #11,875
  • Jan 3, 2010 6:01pm Jan 3, 2010 6:01pm
bot L2 x euro x 14315
  • #11,876
  • Jan 3, 2010 6:02pm Jan 3, 2010 6:02pm
Quoting fti
Hi lusan,
dangerous
support found
I trying to time buying euro now.
No surprise.
3 kingdoms are decoupled and mixed.
I will hold my own for a while but treading very lightly in scout mode.
It feels good to be in the fight.
Regards
Empty as water and soft as a facing wind mountain
  • #11,877
  • Jan 3, 2010 6:04pm Jan 3, 2010 6:04pm
Quoting fti
, needs guts and MM, right?
if wrong what do you do?

my biggest profits are in congestions, my fastest profits in a trend. Do you know why?


for traders following the trades, the 1st trade was err posted as Short , in fact as long euro
is edited above

Seems no traders following
, so I may stop posting trades

even I missed posted position no one noticed.
I am surprised no even 1 person questioned
Earlier you said your were selling dollar, I though your entries were long???
  • #11,878
  • Jan 3, 2010 6:08pm Jan 3, 2010 6:08pm
Quoting auxesis
Earlier you said your were selling dollar, I though your entries were long???
it was long euro, missed posted as short.
had corrected

now getting longer of euro

and being tested
  • #11,879
  • Jan 3, 2010 6:09pm Jan 3, 2010 6:09pm
Quoting fti
Hi lusan,
dangerous
support found
I trying to time buying euro now.
Edit: woa! dropping to support=1.43.
Empty as water and soft as a facing wind mountain
  • #11,880
  • Jan 3, 2010 6:09pm Jan 3, 2010 6:09pm
euro sweeping wide and fast


95 had been rested twice
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