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Technical Analysis Fallacy

  • #12,741
  • Jan 14, 2010 8:25pm Jan 14, 2010 8:25pm
Anybody caught that ride... i got some on UJ....


V
  • #12,742
  • Jan 14, 2010 8:46pm Jan 14, 2010 8:46pm
stepped away and missed out of the e/u unfortunately,however grabed a few when g/u hit 6285 and placed orders heading north .
e/u was around 4415 with a couple there, still in at moment.
I had a feeling she was going to start early.
  • #12,743
  • Jan 14, 2010 10:02pm Jan 14, 2010 10:02pm
THis is totally different what u guys post here...just see the energy...

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V
  • #12,744
  • Jan 14, 2010 10:25pm Jan 14, 2010 10:25pm
V, Like it! Here's some more percussion for you

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  • #12,745
  • Jan 14, 2010 10:34pm Jan 14, 2010 10:34pm
Quoting auxesis
V, Like it! Here's some more percussion for you

http://www.youtube.com/watch?v=Zu15Ou-jKM0

http://www.youtube.com/watch?v=ik8jICj8juc

http://www.youtube.com/watch?v=n-_mUAhzhkg
I went to see this... was amazing in nyc..... the one i send Auxesis it is traditional ""DHOL"..... which is like main tool when we have festival in india...


V
  • #12,746
  • Jan 14, 2010 10:49pm Jan 14, 2010 10:49pm
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thats my favorite , energy , soul , life , beats , colors , all in one music
everytime I close my eyes and listen to this , I get into trans state ...

btw asian showed some unusual volatility , anythin happenin in tokyo ?
To Live is the rarest thing in the world , Most people exist , that is all
  • #12,747
  • Jan 14, 2010 11:07pm Jan 14, 2010 11:07pm
Hi Mahes

There have been rumours circulating that Chancellor Merkel is going to resign which is hurting euro right now. Be nimble as always and good trading to all.

regards
Hope isn't a viable investment vehicle.
  • #12,748
  • Jan 14, 2010 11:28pm Jan 14, 2010 11:28pm
Quoting maheswara
http://www.youtube.com/watch?v=GGtKxbu7vLI

thats my favorite , energy , soul , life , beats , colors , all in one music
everytime I close my eyes and listen to this , I get into trans state ...

btw asian showed some unusual volatility , anythin happenin in tokyo ?
  • #12,749
  • Jan 15, 2010 5:08am Jan 15, 2010 5:08am
Quoting DutchAngel
Hi Mahes

There have been rumours circulating that Chancellor Merkel is going to resign which is hurting euro right now. Be nimble as always and good trading to all.

regards
http://www.bloomberg.com/apps/news?p...d=aqz2M.F12Wbo

http://online.wsj.com/article/BT-CO-...eadlinesEurope

Rgs,

Textor
  • #12,750
  • Jan 15, 2010 5:27am Jan 15, 2010 5:27am
Quoting luSan
Thanks...I keep an eye on my lady through the whole day...she is my friend...she seems to love 1.45 lately.

by the way, I never use the word h*** in trading...that is a taboo for me.
this means you trade full-time now, no more helping guys like me, making nicotine free tabacco?? if you do ... congratulations

i will not mention the H word, just trade well
even with my eyes open i cannot see everything
  • #12,751
  • Jan 15, 2010 6:15am Jan 15, 2010 6:15am
my eyes are open e/u 4370 area.
  • #12,752
  • Edited 8:51am Jan 16, 2010 8:38am | Edited 8:51am
Quoting textor
http://www.bloomberg.com/apps/news?p...d=aqz2M.F12Wbo

http://online.wsj.com/article/BT-CO-...eadlinesEurope

Rgs,

Textor
In my opinion, speculation at best.No real M3 impact.
More important news might be MMakers jitters towards fixed income marks and further ill-conceived regulation.
Fading soverign giants might turn into a trend , stay nimble.
Regards and good trading.
Riding giants..
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  • #12,753
  • Jan 17, 2010 1:59am Jan 17, 2010 1:59am
Great surfing video.

In regards to the earthquake in Haiti my thoughts and prayers go out to strengthen all those families effected by the terrible tragedy.

In a letter from friends that were staying in a building designed to withstand hurricane and earthquake stated the cement floor moved up and down like the waves in the ocean but when over, looking around the building the floors were exactly the same as before the quake.

looken at the g/u
my eyes are on 6250 area.

lookin @ weekly time frame an area of extra interest 1.6150.
monthly 5868.
  • #12,754
  • Jan 17, 2010 3:58am Jan 17, 2010 3:58am
Quoting jacson101
In my opinion, speculation at best.No real M3 impact.
More important news might be MMakers jitters towards fixed income marks and further ill-conceived regulation.
Fading soverign giants might turn into a trend , stay nimble.
Regards and good trading.
Riding giants..
http://www.youtube.com/watch?v=gAFclXZ7w-M
Hi jacson,
thanks for the perspective.

wow,WOW, beautiful video.
reminds me, what a little thing I am in creation.
and what powers God gave us to rise above all of creation.
God be praised.

regards
  • #12,755
  • Edited 4:16am Jan 17, 2010 4:00am | Edited 4:16am
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  • #12,756
  • Jan 17, 2010 10:23am Jan 17, 2010 10:23am
Hello friends
Here is my snowballs projection, please, comments and recommendations appreciated.

Account 1600 USD, max. DD is 20pips/level

scout L1 L2 L3 L4
1000 1000 2000 4000 8000

...Max DD when all levels fail = 2% = 32 USD

To controll risk, all levels are nursed. When the original purpose of entry dissapears, position is closed despite it doesnt reach the MM-possibe stoploss.

This was my basic schema, more offensive from this is(i dont use it yet):
2000-2000-4000-8000-16000
But when enter with 8000 and 16000, trades are faster, closed quickly when failing and also when in green area...

When all leves are used, or when DD is 2%/day, trading is finished and next day start with scout again. I can feel, that when i am trading with this, i slowly enter into actuall process, bigger positions are used after observing and participating on the show....

Regards
  • #12,757
  • Jan 17, 2010 1:28pm Jan 17, 2010 1:28pm
What does this mean? 1:10 leverage only??? OANDA is CFTC regulated...

http://www.cftc.gov/newsroom/general...pr5772-10.html
  • #12,758
  • Jan 17, 2010 1:46pm Jan 17, 2010 1:46pm
Quoting Fana
Hello friends
Here is my snowballs projection, please, comments and recommendations appreciated.

Account 1600 USD, max. DD is 20pips/level

scout L1 L2 L3 L4
1000 1000 2000 4000 8000

...Max DD when all levels fail = 2% = 32 USD

To controll risk, all levels are nursed. When the original purpose of entry dissapears, position is closed despite it doesnt reach the MM-possibe stoploss.

This was my basic schema, more offensive from this is(i dont use it yet):
2000-2000-4000-8000-16000
But when enter with 8000 and 16000, trades are faster,...
hello fana,

your snowball progression looks good to me. how fast it progresses is personal and my progression is about the same. mostly 1-1-2-3 and my rescue is more flexible. on the thread i also saw skews for rescue do you also have this??

about max DD. of 20 pips... i think we should look at volatility. during london session 20 pips is not much but during a NY afternoon range it's big.
i am still figuring out how to decide how big my scout should be in the different conditions. i often look on oanda chart how many pricelines i see and if they are 2 or 5 or 10 pips apart (1mi. chart).

Fti talks about ATR i believe this is the way to measure volatility. i cannot comment on ATR because i do not realy understand yet.

maybe someone can say how they "measure" volatility an correct me if i am wrong above.

kind greets, pax
even with my eyes open i cannot see everything
  • #12,759
  • Jan 17, 2010 2:03pm Jan 17, 2010 2:03pm
Quoting Fana
What does this mean? 1:10 leverage only??? OANDA is CFTC regulated...

http://www.cftc.gov/newsroom/general...pr5772-10.html
hey fana.

thank you for the article

it looks like the cftc wants to remove some bad practises in retail forex. they want comments from traders about their propositions.

instructions for submitting comments.
• E-mail: [email protected]. Include "Regulation of Retail Forex" in the subject line of


for customer protection they want to limit leverage to 1-10 max. i use 1-30 with oanda so i am thinking about emailing the cftc.

i think oanda's 1-50 is not crazy like fx-pro 1-400.

regards, pax
even with my eyes open i cannot see everything
  • #12,760
  • Jan 17, 2010 2:11pm Jan 17, 2010 2:11pm
Hi J-Pax,

I still have to make more practissing to better handle atack/rescue modes. I dont have special progression for rescue. I just simply feel: Now i am on the wrong side and have to save me. It means for me: I am conscious, able to trade, stop what is non sense and take some profit from (1,1,2...failed....)from 4, or from 8, but very pationly and quickly if possible. With special concentration on the risk. So when i see, that i save nearly what i have lost, i close it and have a rest. I have 1600dollar account and my scout is 1000unit. But apologize, i am nearly novice and cant enlight it clearly... regards
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