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Technical Analysis Fallacy

  • #16,041
  • Jun 6, 2010 7:47pm Jun 6, 2010 7:47pm
Wow!
  • #16,042
  • Jun 6, 2010 7:50pm Jun 6, 2010 7:50pm
Quoting GEfx
Wow!
Watch the bottom here, me has a funny feeling the vise is about to be rolled out and applied.

The important news, Boston is up on the Lakers +8 in the 2nd.
  • #16,043
  • Jun 6, 2010 7:56pm Jun 6, 2010 7:56pm
Give me 1920 and a failed low thrust.

Edit Now come to papa
  • #16,044
  • Jun 6, 2010 8:06pm Jun 6, 2010 8:06pm
Quoting auxesis
Watch the bottom here, me has a funny feeling the vise is about to be rolled out and applied.

The important news, Boston is up on the Lakers +8 in the 2nd.
And, the Blackhawks are up 3-0 on Phili in the 1st!
  • #16,045
  • Jun 6, 2010 8:07pm Jun 6, 2010 8:07pm
I am short the E/J at 108.80

Edit: square at 108.60
  • #16,046
  • Jun 6, 2010 8:09pm Jun 6, 2010 8:09pm
Quoting pete.alfa
....
So to newbies you can't go on to make a living with only $1000 -3000 capital.
...
Hello pete,
just to clarify,
a trader can make a living off of +/- $1000 - 3000 capital.
it all depends on your location (country), lifestyle, & money management (budgeting expenses).

Sir Ray (1234) & I live in the Philippines, most things are relatively cheap here.
  • #16,047
  • Jun 6, 2010 8:09pm Jun 6, 2010 8:09pm
Quoting GEfx
And, the Blackhawks are up 3-0 on Phili in the 1st!
Hockey!?
  • #16,048
  • Jun 6, 2010 8:10pm Jun 6, 2010 8:10pm
Quoting auxesis
For those here that do not understand, you have just been instructed by another "real deal" pro trader. Someone for whom I have the highest respect...
XT, thanks for dropping by.
I agree with what u've said.
xtsunami is back (hopefully)
  • #16,049
  • Jun 6, 2010 8:10pm Jun 6, 2010 8:10pm
Scout in long euro 1910, let's see what pa does from here
  • #16,050
  • Jun 6, 2010 8:10pm Jun 6, 2010 8:10pm
Quoting auxesis
Hockey!?
Yep.
  • #16,051
  • Jun 6, 2010 8:11pm Jun 6, 2010 8:11pm
Quoting auxesis
Scout in long euro 1910, let's see what pa does from here
That may be a good move.
  • #16,052
  • Edited 8:30pm Jun 6, 2010 8:16pm | Edited 8:30pm
Quoting GEfx
That may be a good move.
Pressure still down from 1920, may pull the scout here below if it dips below 10 and look again from just above the low

add 16

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

edit square it 11
Attached Image (click to enlarge)
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  • #16,053
  • Edited 8:54pm Jun 6, 2010 8:35pm | Edited 8:54pm
Try it one more time from the bottom, scout in long 1900

edit flat 98, short charts still pointing down, getting ahead of the action, back later
  • #16,054
  • Jun 6, 2010 9:00pm Jun 6, 2010 9:00pm
Quoting auxesis
..... short charts still pointing down, getting ahead of the action....
If charts are pointing down....
then you want to go up?

Riding this bull since 1.1950
H1 is/was falling like hell.
Empty as water and soft as a facing wind mountain
  • #16,055
  • Jun 6, 2010 9:03pm Jun 6, 2010 9:03pm
Quoting luSan
If charts are pointing down....
then you want to go up?

Riding this bull since 1.1950
LOL, busted, my folly cost me a cheap dinner. I think my mind is more on the basket ball game.

Friday closed on the low, opens low, everyone's short.......... just makes you think sometimes
  • #16,056
  • Jun 6, 2010 9:07pm Jun 6, 2010 9:07pm
Quoting auxesis
LOL, busted, my folly cost me a cheap dinner. I think my mind is more on the basket ball game.

Friday closed on the low, opens low, everyone's short.......... just makes you think sometimes
Friday was Friday.
Today is today.
Pull the plug
and enjoy your ball game.
Tomorrow
will be another day.

Cheer
Empty as water and soft as a facing wind mountain
  • #16,057
  • Jun 6, 2010 10:10pm Jun 6, 2010 10:10pm
Quoting supremeChaos
Hello pete,
just to clarify,
a trader can make a living off of +/- $1000 - 3000 capital.
it all depends on your location (country), lifestyle, & money management (budgeting expenses).

Sir Ray (1234) & I live in the Philippines, most things are relatively cheap here.
Hi SupremeChoas,

You were right but I still think $3000 is too little. I'll clearify this weekend I have to go to work.

Cheers,
  • #16,058
  • Jun 6, 2010 10:51pm Jun 6, 2010 10:51pm
Quoting pete.alfa
Edision & lukers,

There is no short cut in trading. Do you beleive broker sale persons said trading is easy you can make millions with little investment? No way Jose.
I tried many systems but accidently I came across to this thread Thanks god & I've been sticked to this thread nearly a year now due to my trading time only 2-3 hours a day and 2 days a week( I also tried with another systems in between). I know I'm getting there soon.

[u]This system is a basic principle of all, you don't have to make it too compicated. I have something to confess...
Hi Edision,

sorry I didn't mean you, you are very polite. You just read 200 pages.

It's just all the rude lurkers( posts) came into my mind I couldn't control myself so blu blu blu like Auxseis said 'hot air balloon'.

Sorry to everyone. gotto go to work,

Hope everybody have lots of +pips.

Cheers,
  • #16,059
  • Jun 6, 2010 11:04pm Jun 6, 2010 11:04pm
Quoting fti
what a joke.(flattery gets you everywhere)
Trying learn something you cannot believe in.
Ai ya , go flap your wings and fly la....
Quoting GEfx
...
Edit: I just discovered a Google search that helps me translate some of your comments. I just got "ai ya" -- and I agree with that sentiment.
hahah..
i remember my high school days.
i often hear & use this term.
i emphatize with Sir fti.
  • #16,060
  • Jun 6, 2010 11:14pm Jun 6, 2010 11:14pm
Quoting Leonlorenzo
Take this post directed toward me as an example:

"what a joke.(flattery gets you everywhere)
Trying learn something you cannot believe in.....

Why not say what he intends to in an easy to understand way? Is he playing with me by addressing my disliking to his hard to comprehend 'teachings' by making his response even harder to understand?
...
IMHO, u are witnessing a difference between East & West.
Westerners are very direct in their approach/communication (like u); (my fellow Asians can correct me if im wrong) the East (Asians) are indirect & are fond of using stories (fables, etc) to make/stress a point or give a lesson.

not to create a geographical friction, but (my view, at least) we Asians care enough about other people's feelings that we speak, write, express our feelings in an indirect approach (specially if we feel that what we'll communicate has the potential of hurting/'stirring' the other person's feelings).
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