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Technical Analysis Fallacy

  • #16,441
  • Jun 14, 2010 8:19am Jun 14, 2010 8:19am
Quoting lilpip
Im with ya eyes open 2241-53 area.
Me too
  • #16,442
  • Jun 14, 2010 10:32am Jun 14, 2010 10:32am
moody's just credit rated Greece Junk credit rating.
thats a slap on germany's face.
they guarantors of Junk. poor chaps
now rates need rocket for borrowings in europe.
so follows hehind is heli man.

0.85 here we come.
  • #16,443
  • Jun 14, 2010 10:53am Jun 14, 2010 10:53am
Quoting fti
moody's just credit rated Greece Junk credit rating.
thats a slap on germany's face.
they guarantors of Junk. poor chaps
now rates need rocket for borrowings in europe.
so follows hehind is heli man.

0.85 here we come.
Hi!

....and there are rumors that indicate that Germany
will also have to guarantee the Spanish debt....

Rgs,

Textor
  • #16,444
  • Jun 14, 2010 12:03pm Jun 14, 2010 12:03pm
We will handle this s..t situation in Europe. Maybe they will have to downgrade "word rating"...
  • #16,445
  • Jun 14, 2010 12:21pm Jun 14, 2010 12:21pm
Quoting fti
moody's just credit rated Greece Junk credit rating.
thats a slap on germany's face.
they guarantors of Junk. poor chaps
now rates need rocket for borrowings in europe.
so follows hehind is heli man.

0.85 here we come.
It's like watching a train wreck in slow motion. Unfortunately, the same holds true for the US, only the wreck is a few years off, or is in slower motion, not sure. Trade well.
  • #16,446
  • Edited 12:58pm Jun 14, 2010 12:25pm | Edited 12:58pm
e/u @ 2253 area
also looking for direction by watching
a/u 8615
g/u 4780
u/j 9152 - 42

the girls told us !
  • #16,447
  • Jun 14, 2010 1:13pm Jun 14, 2010 1:13pm
now watching for direction and .

a/u 8570-92
g/u 4748
  • #16,448
  • Jun 14, 2010 2:07pm Jun 14, 2010 2:07pm
nice picture
Attached Image
  • #16,449
  • Jun 14, 2010 2:13pm Jun 14, 2010 2:13pm
Quoting Gro
nice picture
and the ball is eur under pressure.... Do you also think of 0,85?
  • #16,450
  • Jun 14, 2010 5:21pm Jun 14, 2010 5:21pm
Quoting Fana
We will handle this s..t situation in Europe. ...
.... yes, with more taxes...

hopefully without war......

Rgs,

Textor
  • #16,451
  • Jun 14, 2010 10:28pm Jun 14, 2010 10:28pm
Quoting textor
.... yes, with more taxes...

hopefully without war......

Rgs,

Textor
War? Maybe against Acropolis...
  • #16,452
  • Jun 14, 2010 11:14pm Jun 14, 2010 11:14pm
I tried to kiss one korean girl last night,but she didn't let me. We hang out like for a month but she has some bf in korea, so It was first time in my life I tried to kiss one girl :S I will take a break from them, I had so many troubles with this one but nothing happened in the end I just wasted my time :S I am not lucky
  • #16,453
  • Jun 14, 2010 11:31pm Jun 14, 2010 11:31pm
Quoting mijamoto
I tried to kiss one korean girl last night,but she didn't let me. We hang out like for a month but she has some bf in korea, so It was first time in my life I tried to kiss one girl :S I will take a break from them, I had so many troubles with this one but nothing happened in the end I just wasted my time :S I am not lucky
lol!
move on bro. theres always a next trade. sometime she dances with you some times she doesnt dont fret it.
  • #16,454
  • Jun 15, 2010 12:04am Jun 15, 2010 12:04am
Quoting Gro
nice picture
Hi Fana
... elephant balances only
  • #16,455
  • Jun 15, 2010 12:34am Jun 15, 2010 12:34am
Hi Friends,

I am rediscovering a very important part of the "YOU" or "ME":

Humility.

It seems to be a very important part (or lets say the foundation) of a proper trading mindset.

Wish you all the best!

CU,
MaMood
  • #16,456
  • Jun 15, 2010 12:50am Jun 15, 2010 12:50am
Quoting MaMood
Hi Friends,

I am rediscovering a very important part of the "YOU" or "ME":

Humility.

It seems to be a very important part (or lets say the foundation) of a proper trading mindset.

Wish you all the best!

CU,
MaMood
Hi MaMood

Arrogance and humility, is eternal struggle of ego (search for harmony).
Only high intelligence to know - intelligence is a foolish.

Regards
  • #16,457
  • Jun 15, 2010 12:51am Jun 15, 2010 12:51am
Quoting MaMood
Hi Friends,

I am rediscovering a very important part of the "YOU" or "ME":

Humility.

It seems to be a very important part (or lets say the foundation) of a proper trading mindset.

Wish you all the best!

CU,
MaMood
humility in forums or in your trades? haha.
trading is war bro...in war people taunt, pillage, assinate they do whatever they can to tip the balance into their favor. ultimately i learned an important lesson...size does matter, esp when someone who can use that size he has to its full potential. hahaha
  • #16,458
  • Jun 15, 2010 1:21am Jun 15, 2010 1:21am
Quoting mijamoto
I tried to kiss...
u knew the situation & yet u went with 'the move'?

on a good note, at least u tried. u'll never know if u didnt.
  • #16,459
  • Jun 15, 2010 1:51am Jun 15, 2010 1:51am
Quoting MaMood
Hi Friends,

I am rediscovering a very important part of the "YOU" or "ME":

Humility.

It seems to be a very important part (or lets say the foundation) of a proper trading mindset.

Wish you all the best!

CU,
MaMood
Not sure what Mamood has in mind, my thoughts on humility:

Realize perceived analytical power in S & R levels, pattern, candle, wave , PA etc. are done AFTER THE FACT, savvy in analyzing the past does not equal ability in predicting the future.

Realize even when we are adapt in pulsing market in the NOW (fti can feel impulse, a novice like me is fooled by sweep thrusts ) we still cannot predict what is not there . Therefore dance. Follow, not lead.

Realize we cannot decide the number of pips market will give or take away (trade by profit and loss stops) but it is within our power to decide the pip value (manage our positions).

Rgs,
Baifu
  • #16,460
  • Jun 15, 2010 2:02am Jun 15, 2010 2:02am
Quote
Realize even when we are adapt in pulsing market in the NOW (fti can feel impulse, a novice like me is fooled by sweep thrusts http://cdn.forexfactory.com/images/smilies/yim/sad.gif ) we still cannot predict what is not there . Therefore dance. Follow, not lead.



my 2c
we're humans and will never be perfect. even the boss can get the feel wrong. basically its our actions that will determine the consequences, like for example, flip, rescue or bail out... so a proper mindset is the optimum requirement. profit & loss is just by products of the trades. whether you follow or lead market still will continue to trade & trade, the goal is to buy low and sell high or in case if you are a follower then buy high and sell higher vise versa...in summary, make money... whatever the markets condition

one simple answer is to know my limits...in both profits and losses, greed and fear will always continue test my mantle. it is something that will never go away, ever.
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