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Technical Analysis Fallacy

  • #17,461
  • Jul 21, 2010 7:23am Jul 21, 2010 7:23am
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  • #17,462
  • Jul 21, 2010 11:21am Jul 21, 2010 11:21am
Quoting Gro
http://www.youtube.com/watch?v=ac5SGwRPv0o
makes for beautiful prayer.
makes the soul whole.
Thank you for the song Gro.

regards
  • #17,463
  • Jul 21, 2010 11:33am Jul 21, 2010 11:33am
Chief,

Had an observation with market and me in last couple of days...

 

  1. Everything is wave
  2. When you are silent you see things clearly
  3. Past is history ..future is mystery ...only thing is NOW
  4. If you are not happy NOW( you can think in context of trade happy with trade) ... there is no guarantee of future
  5. Two monks students were watching a flag flapping in the wind. One said to the other, "The flag is moving."
    The other replied, "The wind is moving."
    master overheard this. He said, "Not the flag, not the wind; mind is moving." (market is down market is up blah blah)
  6. the biggest obstacle is YOU.


just rambling my thoughts with u and family


V

  • #17,464
  • Jul 21, 2010 2:39pm Jul 21, 2010 2:39pm
Quoting indianguyinny24
Chief,

Had an observation with market and me in last couple of days...

[list][*]Everything is wave[*]When you are silent you see things clearly[*] Past is history ..future is mystery ...only thing is NOW[*] If you are not happy NOW( you can think in context of trade happy with trade) ... there is no guarantee of future [*] Two monks students were watching a flag flapping in the wind. One said to the other, "The flag is moving."
The other replied, "The wind is moving."
master overheard this. He said, "Not the flag, not the...
yes,indianguyinny24
To dead minds, nothing is moving.
To an agile mind, there are opportunities , if you have strategy and resources.
To an egoistical mind, is as good as a dead mind.
Ask any of those lying in graves, nothing moves anymore.

regards
  • #17,465
  • Edited 3:05pm Jul 21, 2010 2:45pm | Edited 3:05pm
Quoting fti
yes,indianguyinny24
To dead minds, nothing is moving.
To an agile mind, there are opportunities , if you have strategy and resources.
To an egoistical mind, is as good as a dead mind.
Ask any of those lying in graves, nothing moves anymore.

regards

Chief,

one word


salute...

what i learn from your posts it takes some people books to tell and then atleast i dont understand....

V

Everything is fixed and nothing is fixed.......

BTW Chief hope u understand i am still naive even after 2 years following your thread...so IMHO i think i was lucky to have u....atleast....
  • #17,466
  • Edited 3:49am Jul 22, 2010 2:44am | Edited 3:49am
Quoting fti
makes for beautiful prayer.
makes the soul whole.
Thank you for the song Gro.

regards
Hi FTI

Four simple sentences.
For the ego is a tough work, to say these sentences.Ego is afraid to die.

Best regards

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  • #17,467
  • Jul 22, 2010 4:03am Jul 22, 2010 4:03am
maybe someone will help

Mind

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Taming the mind

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Maybe ...

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  • #17,468
  • Jul 22, 2010 4:55am Jul 22, 2010 4:55am
Hi,

Great topic, Agree on the point no indicator no chart can really predict the future. BUT as some indicators are widely used like FIBS or some MA or Ichimoku cloud in japanese trade desks. These will automaticly impact price action. we can't ignore that. It helps understanding some technicals & inners of price moves to get later higher propabilities setups.

My 13 cents
13
Brokers are angels
  • #17,469
  • Jul 22, 2010 5:11am Jul 22, 2010 5:11am
AUD/SGD, AUD/USD tops out.
converting AUS to other currencies.
  • #17,470
  • Jul 22, 2010 5:16am Jul 22, 2010 5:16am
Quoting Gro
Hi FTI

Four simple sentences.
For the ego is a tough work, to say these sentences.Ego is afraid to die.

Best regards

http://www.youtube.com/watch?v=ZmWvdrdm7VE
Ego will never die, It is our inter-twined nature.
Only if we die first.
But to hold ego to humility levels, is divine.
Solves much of the humanity problems.
Makes for better living and "trading capabilities".

regards
  • #17,471
  • Edited 6:45am Jul 22, 2010 5:36am | Edited 6:45am
Quoting fti
Ego will never die, It is our inter-twined nature.
Only if we die first.
But to hold ego to humility levels, is divine.
Solves much of the humanity problems.
Makes for better living and "trading capabilities".

regards
art is to remain indifferent to the "excesses" ego ... not fighting but indifference is effective weapon

regards

PS I forgot to write, I totally agree with you :o)
  • #17,472
  • Jul 22, 2010 6:30am Jul 22, 2010 6:30am
First it's an honor to have walk tru the mind of a genius! I Got 8 trades now with only 2 lost. The big one was I fell asleep while trading -_-! . Second one was too slow to close "trades" in mt4 which is a pain in the butt(rescue mode). I have only been to page 95 of this thread but believe me or not, I seem to have cracked DA FTI code so to speak . The Fib spiral and linear progression models was the toughest. Thanks again!!!

Tally:
5 Attack mode
2 Rescues
1 epic fail!
  • #17,473
  • Edited 9:39am Jul 22, 2010 9:17am | Edited 9:39am
Bernanke expresses concern about economy
http://www.msnbc.msn.com/id/38347517/ns/business

at long last.
Now his ass is fried.
He should had been concerned 1 year ago when he blundered.

Fed stands ready to take new steps to bolster recovery if economy worsens
http://www.msnbc.msn.com/id/38347065/ns/business

yaeh print more, see what happens.

Didn't hear the key words.
Tightening, Productivity, Balanced budget, Good governance.............
seems the shit will hit the fan, so what they intervene.
Come.
lets see he stronger or river stronger.
now greenspan can claim his book correct.
"EXCESS EXUBERANCE" that will take them down.
character weakness of excessive spenders.
How can a country live on his credit card and believe that they need not pay back.

Next Book
"LESSONS OF THE GREAT DEPRESSION REVISITED"

God forbide is not.
"OTHERS BLOOD FOR SURVIVAL" aka WW III
  • #17,474
  • Jul 22, 2010 9:45am Jul 22, 2010 9:45am
Quoting fti
Bernanke expresses concern about economy
http://www.msnbc.msn.com/id/38347517/ns/business

at long last.
Now his ass is fried.
He should had been concerned 1 year ago when he blundered.

Fed stands ready to take new steps to bolster recovery if economy worsens
http://www.msnbc.msn.com/id/38347065/ns/business

yaeh print more, see what happens.

Didn't hear the key words.
Tightening, Productivity, Balanced budget, Good governance.............
seems the shit will hit the fan, so what they intervene.
Come.
lets see...
Hello Fti
Who wants to fight against EU + USA ??? ...only fools i think...
  • #17,475
  • Jul 22, 2010 9:55am Jul 22, 2010 9:55am
Quoting Fana
Hello Fti
Who wants to fight against EU + USA ??? ...only fools i think...
may just be surprised?


Maybe
"when my creditors (loan sharks) comes a banging on my door"?
next quarter, will be extremely interesting.
eeeer October stock market scare hor, not octoberfest.

regards
  • #17,476
  • Jul 22, 2010 10:02am Jul 22, 2010 10:02am
Quoting fti
may just be surprised?


Maybe
"when my creditors (loan sharks) comes a banging on my door"?

regards
We are too big to fail. Great technology, army, history. Maybe some worse relationships with some countries now thanks to US, but the new big friend on the skiline... Russia. So i am not affraid at all
  • #17,477
  • Jul 22, 2010 10:04am Jul 22, 2010 10:04am
Quoting Fana
We are too big to fail. Great technology, army, history. Maybe some worse relationships with some countries now thanks to US, but the new big friend on the skiline... Russia. So i am not affraid at all
ai ya, my friend.
Not seen ghost, so not afraid of the dark, yet?
  • #17,478
  • Jul 22, 2010 10:11am Jul 22, 2010 10:11am
Quoting fti
ai ya, my friend.
Not seen ghost, so not afraid of the dark, yet?
Maybe general Rommels in Africa..
If Russia is aboard... that means that 1/3 of the world is aboard. Youthink that EU,USA and Russia together is to handle?? Economically and at every ways???
  • #17,479
  • Jul 22, 2010 10:22am Jul 22, 2010 10:22am
Quoting Fana
Maybe general Rommels in Africa..
If Russia is aboard... that means that 1/3 of the world is aboard. Youthink that EU,USA and Russia together is to handle?? Economically and at every ways???
ai ya why you so afraid leh.
Even brought back rommel's ghost.
steady my friend.
Is a different world form those days already.
battle no longer fought in fields. Is in rooms, dealing rooms?
Ai ya, so many buttons to press.

regards
  • #17,480
  • Jul 22, 2010 10:43am Jul 22, 2010 10:43am
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Time hides Nothing
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