Technical Analysis Fallacy

currencies topping, losing steam fast.

P.s. Have found that link in another thread here on FF.
It should just serve as inspiration for your thoughts ...

http://corp.bankofamerica.com/public...ets/agencyalgo

(Well - of course I know about all the possible nonsense and distractions from the pure dance. But for my way of thinking such kind of info is always inspiration for reading the market (structure) ....)

All the best,
MaMood.


@fti:
Hi fti,
was looking for your high qualitity songs from "Dragon prodcutions" some weeks ago. Seems you have removed them all. Missing some of them ....

Best regards,
MaMood

True.


anyway, i'd like to take this chance to ask a question i had in my mind for some time:
u started your trading career in '80s.
(i dont think it has been mentioned/asked...) but how did it really start? (were u recruited/referred; school/college related etc)

Thanks Sir for satisfying a curious mind

fti,
heheh... i didnt mean it that way. i should've said "early 80's." (that's how i interpreted your reply back in 2008)
anyway, it's much clearer now.

what course did u take up in college?
back then, do u remember what were the qualifications for a research assistant in that branch?
throughout your career, were your mentors & colleagues (all) Chinese?


i apologize if these are private questions, i was supposed to ask these thru PM.
Thanks!

Welles Wilder was one of his mentors, so not all were Chinese.

what hurts more... taking g's in a jet, or giving g's in a trade?

Reading your posts

Depending on which line of work you select, both are occupational hazards that come with the job. Just forget about the hurt and know your limits.

Zoran,
Thanks a lot!

G in flight is resultant of force outside the body. Requires fit physic.
Trades Gs is internal and mental, it climaxes when the profit is booked. Requires mental robustness. Is different, but the emotional result and adrenalin rush is similar. A pleasing sense of accomplishment. Ability to walk at the edge within safe self-determined parameters. And live to smile about it and doing it again.
But always Safety first. Recklessness in either activity kills.The common denominator, FOCUS.

No pain , Only joy.

that was not one of the options. you receive an F. Summer school for you.

Wouldn't be the first time

Either be civil and cultivate manners and respect for self AND others . Or slide back to oblivion. Your choice.

regards

?

you consider it offensive? oblivion it is then.

I think I brought that one on.

ok, if it means anything.
I seem feel floor. So initiating long cable protocol.

Each time I'm in the UK, I read a chapter of the bible. I'm up to Romans at the moment and last night, before bed, I read the following:

Do not repay anyone evil for evil. Be careful to do what is right in the eyes of everybody. If it is possible, as far as it depends on you, live at peace with everyone. Do not take revenge, my friends, but leave room for God's wrath, for it is written: "It is mine to avenge; I will repay," says the Lord. On the contrary: "If your enemy is hungry, feed him; if he is thirsty, give him something to drink. In doing this, you will heap burning coals on his head." Do not be overcome by evil, but overcome evil with good (Romans 12:17-21).

It's not the first time I've read something that relates to conversation on this thread.

aux,
its not who's right or wrong.
Its attitude.
Wrong mindset is dangerous. In reality does nothing to me. They bring harm to themselves.
These we saw in the young, is the most dangerous scorpions and attributes that a must overcome.
Unless they matures and demolish that scorpion.
In fact, I view these attrition as their training.

Unless they over-come gradually, I don't see any possible progress for them.
I don't know. Is the chips on their shoulders, their inherent weakness? Or was is it because they got poked where it irritated them. But either way, their responses cause me to think little of their ability to manage. What if the markets rubbed them the wrong way. Responding with defiance will sure damage them big time.No?

Its got to do with what i presented earlier in the thread. About being generous mindset and the ability to take punches and move on and ahead ( monk and little monk story)

In fact rights and wrongs are never the issue, because it cannot be absolute. Rights and wrongs only presents a perspective from the point of reference of the individual. And depending from that perspective the judgement of rights and wrongs. Those traders that live on wanting to be right always. These are the ones mostly likely to fail.

In a nut shell, ability to adjust, compromise and seek winning position. Can find that only in a win win compromise. Hard nose stance will create harder stance and hence point of no return.


regards

possible currency rally ahead