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Technical Analysis Fallacy

  • #13,701
  • Feb 19, 2010 11:28pm Feb 19, 2010 11:28pm
Quoting auxesis
You have to have respect or fear of the markets, understanding how quick they can hurt you....
Thanks, aux.
Of the many here, i think you are the few that has got it right.
Remember to "hold to the basics"
It is easy to lose it again,to crystal balls, when not careful.

regards
  • #13,702
  • Edited Feb 20, 2010 12:07am Feb 19, 2010 11:55pm | Edited Feb 20, 2010 12:07am
Quoting maheswara
looks like bernanke is testing ground with his scout ...
on the other hand euro cant increase rate when some of their members are in bad shape ...
mahes,
heli is in desperate shape. His attempt to bump the discount rates, is precursor to his manipulative mind to create a chart situation, to steer trend. Whether he will succeed depends on the real situation on the ground. Does nothing for us trading the dance, except to increase volatility for speculation and drop yields on short-end of US curve. The situations in Greece and Italy , by its own is providing heli with the opportunity to succeed, but this is just the tip a the iceberg yet. Seems GB may like join the Euro party too.http://www.telegraph.co.uk/finance/f...an-Greece.html
Everyone's moving to devalue, so what's the G20 memorandum about not devaluating currencies. Oh yes, market did it, not the ministers.Sure, good excuse,liars. Wonder whats the impact on china, if every one devalued. Sure makes the yuan elevated in comparison? Beware repercussions from lame strategies.

Read this just to understand what heli is attempting.His real impact on markets is not real at all. His chart manipulation timing is excellent, but underhand strategies has short lifespan.

http://www.bloomberg.com/apps/news?p...d=akOfpZxuLUc4

And now with assistance with the use of the fist, they are going to threaten the equity market with short selling curbs. Now markets will constrict even more. Players would be leaving. Only the owners of the IPO and their manipulative proxies will be left. Use the manipulation to take your profits,and scalping their every manipulation. Distinguish , equity of REAL value, and that which are just paper debts.

regards
  • #13,703
  • Feb 20, 2010 12:06am Feb 20, 2010 12:06am
Quoting fti
Thanks, aux.
Of the many here, i think you are the few that has got it right.
Remember to "hold to the basics"
It is easy to lose it again,to crystal balls, when not careful.

regards
Fti,

Thank you for those words, and caution noted, what I see in the mirror sometimes still has a long way to go.

Wishing you a peaceful weekend,

regards,
  • #13,704
  • Edited 12:55am Feb 20, 2010 12:23am | Edited 12:55am
Quoting Fana
I cant allow myself to do mistakes forever. Happy weekend
dangerous mindset you carrying, Fana. I hope i am wrong, but you are just one click from endangering yourself, and asking for handouts of the mind, when you should be reading and finding your footing. Is there unnecessary pressure on you? It is different for you who just get to read, and those who were handheld.Can't present that, which I am unable to articulate in words. Maybe the language is an impediment?

if you think that you cannot ALLOW yourself to err. Try this.
Go to at 100 storey bulding's roof top. Stand at the outer edge. Then tell yourself I MUST not fall. See what happens?

mindset and wrong focus. Maybe its the sducation system, :don't know: but even a bird that can fly , learned it one step at a time. The journey of a thousand miles is done walking one step at a time, carefully. Thinking and improving as she goes along with new insights and experiences. Starting with self.
regards
  • #13,705
  • Feb 20, 2010 2:42am Feb 20, 2010 2:42am
Quoting fti

(...)

if you think that you cannot ALLOW yourself to err. Try this.
Go to at 100 storey bulding's roof top. Stand at the outer edge. Then tell yourself I MUST not fall. See what happens?

(...)


The human mind. Very very good example !!
  • #13,706
  • Feb 20, 2010 3:01am Feb 20, 2010 3:01am
Quoting fti
dangerous mindset you carrying, Fana. I hope i am wrong, but you are just one click from endangering yourself, and asking for handouts of the mind, when you should be reading and finding your footing. Is there unnecessary pressure on you? It is different for you who just get to read, and those who were handheld.Can't present that, which I am unable to articulate in words. Maybe the language is an impediment?

if you think that you cannot ALLOW yourself to err. Try this.
Go to at 100 storey bulding's roof top. Stand at the outer edge. Then tell yourself...
Dear Fti.
You are very good psychologist how i observe...
Let me please show you something from my life. And lets it is inspiration for us, who struggle in forex.

My parents wanted me to be a teacher. like they both are. I wanted to be scientist, but i was "easy teenager..." So i didnt care about my own way. I was on high school and everything was perfect. I passed easily and went to Phd to Yugoslavia. I found myself without money on the road one day, because money from my grant was sent to my mothers account and not mine. I dont know whose mistake it was, but i had to go home, finish Phd because they think our family stolen the money. So we had to pay everything self and give back all the money.
My family told me that i am total idiot.( straight from very successful intelligent to total dumb.) I didnt want to stay home. I chose to live on my own. I started to teach in some school in Brno. I have rent something you maybe didnt believe that it was to live. No toilet, no heating, in February 12Celsius at night. Small food... Children were very bad, i didnt handle it, so i gave it up with some nerve-scares. After that i started to thing myself. So i gave my hardly earned money to some multilevel marketing pyramid. And i was succesful in one year. But i wanted more, so i switched to another multilevel, but they did loans and after i woke up, that is God and that i am not on the right way i had collapse number 2. I have made a decision to be good, helpful, fair-play. One year beffore i have some portfolio, but not trading... it was thoroughly poisoned by downturn in 2008. So i went to pizzeria to earn for living and study forex. But i have still some scares from this that had happened to me.
Can you recommend me something how to fight against this 5years period of permanent failures?
  • #13,707
  • Feb 20, 2010 4:32am Feb 20, 2010 4:32am
Fana,

I've seen in this life.

Mr. A works extremely hard but the luck might not be with him. He only gets average result.
Mr. B which is less intellect them Mr. A works with his faith and he avoids all obstacles along the way and easily gets promoted and do better than Mr. A.

So probably there is something more than intellect and hardworking. I still can't figure it out.

Have u watched Forest Gump?
Interesting inspiring story.
  • #13,708
  • Feb 20, 2010 4:51am Feb 20, 2010 4:51am
Quoting incrediblefx
Fana,

I've seen in this life.

Mr. A works extremely hard but the luck might not be with him. He only gets average result.
Mr. B which is less intellect them Mr. A works with his faith and he avoids all obstacles along the way and easily gets promoted and do better than Mr. A.

So probably there is something more than intellect and hardworking. I still can't figure it out.

Have u watched Forest Gump?
Interesting inspiring story.

Yes and also Matrix and Into the Wild, how Mc Candless has gone to Alaska...
  • #13,709
  • Feb 20, 2010 4:58am Feb 20, 2010 4:58am
Quoting incrediblefx
Fana,

I've seen in this life.

Mr. A works extremely hard but the luck might not be with him. He only gets average result.
Mr. B which is less intellect them Mr. A works with his faith and he avoids all obstacles along the way and easily gets promoted and do better than Mr. A.

So probably there is something more than intellect and hardworking. I still can't figure it out.

Have u watched Forest Gump?
Interesting inspiring story.

Yes and also Matrix and Go to Wild, how Mc Candless has gone to Alaska...

But it is easy to talk about motivation. Important is to have your brain switched to +. One have to force subconscious to do it automatically.
  • #13,710
  • Feb 20, 2010 5:17am Feb 20, 2010 5:17am
Quoting Fana
Dear Fti.
You are very good psychologist how i observe...
Let me please show you something from my life. And lets it is inspiration for us, who struggle in forex.

My parents wanted me to be a teacher. like they both are. I wanted to be scientist, but i was "easy teenager..." So i didnt care about my own way. I was on high school and everything was perfect. I passed easily and went to Phd to Yugoslavia. I found myself without money on the road one day, because money from my grant was sent to my mothers account and not mine. I dont know whose...
Hello Fana,

See that:

http://www.ted.com/talks/barry_schwa...of_choice.html

(see below the video, may be you find your own language in the caps.)

Finally, you have to take one way. Than, don't look back anymore.

Rgs,

Textor
  • #13,711
  • Feb 20, 2010 7:07am Feb 20, 2010 7:07am
Quoting Fana
Can you recommend me something how to fight against this 5years period of permanent failures?
hey Fana,

i believe i posted an link to this text earlier (when you felt bad after riding in the mountains on a old normal bike, could not follow the guys on super racebikes and had to stop for a moment).

all i can recommend is in this text and keep riding your bike.... mind and body work together.

"Beyond a wholesome discipline, be gentle with yourself."

kind regards, pax

DESIDERATA
MAX EHRMANN

Jdi klidně uprostřed rozruchu a spěchu
a vzpomeň si, jaký mír může být v tichu.

Pokud je to možné bez ztráty tváře, vycházej dobře se všemi lidmi.
Říkej svou pravdu tiše a jasně a naslouchej ostatním,
třeba i omezeným a nevědomým, také oni mají svůj příběh.

Vyhýbej se hlučným a svárlivým osobám, otravují ducha.
Jestliže se budeš srovnávat s jinými,
můžeš se stát domýšlivým či zahořklým,
neboť vždy se najdou lidé větší nebo menší než jsi ty.

Raduj se stejně z toho, čeho jsi dosáhl, jako ze svých plánů.
Udržuj zájem o svoji vlastní životní cestu, jakkoliv skromnou,
je to skutečné bohatství v proměnlivém osudu.
Buď opatrný ve svých záležitostech, neboť svět je plný nepravostí.
Ale nenech se tím zaslepit k dobru,
mnoho lidí zápasí o velké ideály a všude je život plný hrdinství.

Buď sám sebou.
Zvláště nepředstírej city,
ani se nestav cynicky k lásce,
neboť tváří v tvář vší vyprahlosti a rozčarování je věčně svěží jako tráva.

Přijímej klidně, co ti radí léta, a až přijde čas,
s půvabem se vzdej toho, co náleží mládí.
Rozvíjej sílu ducha, aby tě ochránila v nenadálém neštěstí.
Ale netrap se představami.
Mnoho obav se rodí z únavy a osamělosti.
Při zachování rozumné disciplíny, buď k sobě laskavý.
Jsi dítětem vesmíru, neméně než stromy a hvězdy, máš právo být zde.
Ať ti to je jasné či ne, vesmír se nepochybně rozvíjí tak, jak má.

Žij proto v míru s Bohem, jakkoli si ho představuješ.
Ať je tvé usilování v hlučném zmatku života jakékoliv, udržuj mír ve své duši.
Se vší jeho nepravostí, dřinou a rozbitými sny je to přesto krásný svět.

Buď veselý.
Usiluj o to, abys byl šťastný.

Tento text, známý pod názvem DESIDERATA, je oblíbený po celém světě.
Přestože se často uvádí, že byl nalezen roku 1692 v Chrámu sv. Pavla v Baltimore,
ve skutečnosti jej napsal v roce 1927 americký spisovatel, evangelista
a právník Max Ehrmann.
even with my eyes open i cannot see everything
  • #13,712
  • Feb 20, 2010 8:29am Feb 20, 2010 8:29am
Fana,

Here's a snapshot of our 16th President.

Born into poverty, Lincoln was faced with defeat throughout his life. He lost eight elections, twice failed in business and suffered a nervous breakdown. He could have quit many times - but he didn’t and because he didn’t quit, he became one of the greatest presidents in the history of our country.

Lincoln was a champion and he never gave up. Here is a sketch of Lincoln’s road to the White House:

· 1816 His family was forced out of their home. He had to work to support them.
· 1818 His mother died.
· 1831 Failed in business.
· 1832 Ran for state legislature - lost.
· l832 Also lost his job - wanted to go to law school but couldn’t get in.
· 1833 Borrowed some money from a friend to begin a business and by the end of the year he was bankrupt. He spent the next 17 years of his life paying off this debt.
· 1834 Ran for state legislature again - won.
· 1835 Was engaged to be married, sweetheart died and his heart was broken.
· 1836 Had a total nervous breakdown and was in bed for six months.
· 1838 Sought to become speaker of the state legislature - defeated.
· 1840 Sought to become elector - defeated.
· 1843 Ran for Congress - lost.
· 1846 Ran for Congress again - this time he won - went to Washington and did a good job.
· 1848 Ran for re-election to Congress - lost.
· 1849 Sought the job of land officer in his home state - rejected.
· 1854 Ran for Senate of the United States - lost.
· 1856 Sought the Vice-Presidential nomination at his party’s national convention - get less than 100 votes.
· 1858 Ran for U.S. Senate again - again he lost.
· 1860 Elected president of the United States
  • #13,713
  • Feb 20, 2010 8:45am Feb 20, 2010 8:45am
Thank you friends.
  • #13,714
  • Feb 20, 2010 9:22am Feb 20, 2010 9:22am
Quoting Fana
Dear Fti.
You are very good psychologist how i observe...
Let me please show you something from my life. And lets it is inspiration for us, who struggle in forex.
Fana,
you story touched my heart. You made me feel about all those that strugle in life. When in my own life things are tough, I hold tight to a passage I found in the bible in my childhood. Maybe it will help you:

A Time for Everything

There is a time for everything,
and a season for every activity under heaven:

a time to be born and a time to die,
a time to plant and a time to uproot,
a time to kill and a time to heal,
a time to tear down and a time to build,
a time to weep and a time to laugh,
a time to mourn and a time to dance,
a time to scatter stones and a time to gather them,
a time to embrace and a time to refrain,
a time to search and a time to give up,
a time to keep and a time to throw away,
a time to tear and a time to mend,
a time to be silent and a time to speak,
a time to love and a time to hate,
a time for war and a time for peace.
What does the worker gain from his toil? I have seen the burden God has laid on men. He has made everything beautiful in its time. He has also set eternity in the hearts of men; yet they cannot fathom what God has done from beginning to end. I know that there is nothing better for men than to be happy and do good while they live. That everyone may eat and drink, and find satisfaction in all his toil—this is the gift of God. I know that everything God does will endure forever; nothing can be added to it and nothing taken from it. God does it so that men will revere him.
Whatever is has already been,
and what will be has been before;
and God will call the past to account.
And I saw something else under the sun:
In the place of judgment—wickedness was there,
in the place of justice—wickedness was there.
I thought in my heart,
"God will bring to judgment
both the righteous and the wicked,
for there will be a time for every activity,
a time for every deed."
I also thought, "As for men, God tests them so that they may see that they are like the animals. Man's fate is like that of the animals; the same fate awaits them both: As one dies, so dies the other. All have the same breath; man has no advantage over the animal. Everything is meaningless. All go to the same place; all come from dust, and to dust all return. Who knows if the spirit of man rises upward and if the spirit of the animal [goes down into the earth?" So I saw that there is nothing better for a man than to enjoy his work, because that is his lot. For who can bring him to see what will happen after him?
---------------------

Never give up on your dreams.
Empty as water and soft as a facing wind mountain
  • #13,715
  • Feb 20, 2010 6:04pm Feb 20, 2010 6:04pm
I love the way sometime we come as family here.....


V
  • #13,716
  • Feb 20, 2010 6:41pm Feb 20, 2010 6:41pm
Sobering thought for the day, specially if you live in the US.

Don't stop reading until you find the U.S. in the list.
I wonder if our placement in relation to the PIIGS is important?

https://www.cia.gov/library/publicat.../2187rank.html
  • #13,717
  • Edited 7:24pm Feb 20, 2010 7:12pm | Edited 7:24pm
Quoting auxesis
Sobering thought for the day, specially if you live in the US.

Don't stop reading until you find the U.S. in the list.
I wonder if our placement in relation to the PIIGS is important?

https://www.cia.gov/library/publicat.../2187rank.html
more fundamentals.....

some weeks ago i said the dutch governt was going to fall. it has done so last night.... because this country is high on this CIA-list (above) maybe it could raise more doubt about europe.
http://www.reuters.com/article/idUSTRE61J1A320100220

on the other hand there is talk about a "real money" bailout for greece.
http://www.reuters.com/article/idUSTRE61J19O20100220

it feels like a busy week ahead for the active traders..... carefull everyone here.
even with my eyes open i cannot see everything
  • #13,718
  • Feb 20, 2010 7:16pm Feb 20, 2010 7:16pm
Quoting Fana
Dear Fti.
You are very good psychologist how i observe...
Let me please show you something from my life. And lets it is inspiration for us, who struggle in forex.

My parents wanted me to be a teacher. like they both are. I wanted to be scientist, but i was "easy teenager..." So i didnt care about my own way. I was on high school and everything was perfect. I passed easily and went to Phd to Yugoslavia. I found myself without money on the road one day, because money from my grant was sent to my mothers account and not mine. I dont know whose mistake...
Hi Fana,

Don't think you are alone. There are so many ppl just like you, bad luck & somes are even worst than you This is life & life doesn't meant to be easy. It happened to me too I used to owned & live in a big house, successful in business but I lost money on business 2 times now I live in a small room(rent) by myself(It's too long story & I'm busy to make a living & study forex).
So remember be strong keeping Good health. without a good health you can't fight to make a living & improving.

So be happy & strong, fight for your goal and at least you are not alone you are in good health. Others might be very sick,old & nobody to look after them.

Fight for your goal just like me we are in the same boat.

Cheers,
  • #13,719
  • Feb 21, 2010 2:24pm Feb 21, 2010 2:24pm
I like being here. Good will, assistance, support... In the World, this is rare... But i believe, that everything what is worth it, is built on these basis... Thanks to honest, true people and thanks God. Happy trading to all
  • #13,720
  • Feb 21, 2010 4:39pm Feb 21, 2010 4:39pm
Fana,
Here's something that I hope will give you a bit of an inspiration. Written by William Henley - the guy was was diagnosed with terminal decease at the age of 12, lost a leg at the age of 25 and wrote this from his hospital bed at the age of 34. Never lost his edge and lived to see his 54th birthday after never giving up on his decease.

Out of the night that covers me,
Black as the pit from pole to pole,
I thank whatever gods may be
For my unconquerable soul.
In the fell clutch of circumstance
I have not winced nor cried aloud.
Under the bludgeonings of chance
My head is bloody, but unbowed.
Beyond this place of wrath and tears
Looms but the Horror of the shade,
And yet the menace of the years
Finds and shall find me unafraid.
It matters not how strait the gate,
How charged with punishments the scroll,
I am the master of my fate:
I am the captain of my soul
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