Technical Analysis Fallacy

not sit too close careful my elbow.

That doesn't matter, I can handle it

Btw, is this really nothing but speculation about Ben, more QE? If that's matter, why Bond is falling. I guess both rising for equities and bonds.

I don't know?
but they talking drops rates some more.
if that happens, even eagles will fly north to canada.

I think they overused the monetary stance.
Still looking for some fiscal improvements.
But so are nothing yet.
Figs are bad. Even todays is just token.
So may get worst before things improve.

Why not trade Yen gap? It is late.

e and g squared

you heard from boj already?

No
e sq 2720
g sq 5549

half position continue

ok, now enjoy your soup lor.

Only vocals this far, no actions initiated. Too early I guess, still within their pain threshold. The comparison is not fair, but still I am sure they remember what happened to the SNB earlier... We will see when the time comes I guess, it's their game to play as they wish to.

Makin a runner as we speak...

ya, try not expect too much
markets still waiting see if winds will change.

squared

corrected!

a drink, sir? cheers

... thanks friend for your charisma, able to support me mentally

... and much much more

most welcome.
but err no drinking while dealing.
Maybe soup?

don't write the ticket too big, my friend.
Won't want the bull sudden die of overweight.

regards

finished for the day.
lets see if their putting improves tom.

regards
Thanks for nice pips. and

Perfect timing ,chief, I hope I'll learn that skill some day.

Regards, MyTbo

OK, OK no drink ... but I'll have a "long smoke"

Rgs

speak Americano?

Regards.

some wisdom from somewhere


FOREX AND PHYLOSOPHY

It may come as a surprise to those who are not Foreign Exchange (forex) traders, but Oriental philosophy is a strong force in the lives of many forex traders. Some of the best forex traders across the world have an abiding interest in the tenets of Zen, Tao and Vedic philosophies.
Besides being the closest example of the elusive economic concept of 'Perfect Competition', the forex market is also a very close work-place reflection of 'life'. It has a rhythm and being of its own, which only the evolved can tune into. Like life, the market is what happens to you while you are busy making other plans. The market can defeat you, break you down. But if you learn to let go, learn to flow with it, to dance with it, it can and does bestow on you both success and fulfillment.

The Philosophy of a Trader

The market is always right. The market never comes to an end. The market is ever-changing, and yet, ever the same.

There is no eternal damnation in the market. The only time you really fail is when you quit in disgust and admit defeat. That is like committing suicide. Those who continue to trade despite the setbacks, are the real heroes, living life the best they know how, evolving and growing through their losses and gains, through their triumphs and defeats, their fears and greeds, their hopes and anxieties. The Trader cannot afford to let yesterday's gains or losses cloud his thinking as he trades today. Though he may be carrying a position over from yesterday, he always has to look at the market afresh. Each trade, each position is a new position. Today is the first day of the rest of his life.

The Market exists by itself, unaffected by and separate from the trader and his emotions. As he slowly begins to tune into the market and its ways, he starts to observe the Tao of the market. Instead of trying to force the market to do his bidding, he starts to embrace Zen and to dance like a Samurai warrior; he starts to live life instead of struggling with it. That is when he starts to make money on a sustained basis.

Zen and the Market

The concept of Zen, they say, cannot be described. If you can describe it, it isn't Zen. Zen can be felt, though. It can be conceptualised. Picture a Judo exponent or a fencer. Picture Bruce Lee. As his hands and legs move all the time - blocking, feinting, chopping, kicking, dodging - do you think he has time to think? He obviously does not. Yet, he is no shoddy amateur either. Though he does not think consciously, all his hard work, discipline and years and hours of excruciatingly painful training pour into every action that he performs. And as he pours himself into each moment, as he lives in that moment with his entire being, he is not using his petty conscious mind. The Force is acting through his body-mind equipment. The supreme Samurai makes himself available to the Force. This 'mindless' living is Zen: When you act without the dead weight of your hopes and anxieties, fears and greeds, your superiorities and your inferiorities; when you just act, when you just live.

A good forex trader is like a Zen practitioner, a Samurai, a fencer, a Judo exponent. He approaches the market with the same mindset. When he plays the market, he is practicing Zen, and in turn, the market reveals to him deeper beauties of Zen.

... and you must always have a good close friend who supports you in a difficult moment, otherwise that wisdom will lose importance.

saved for my later reminders....

today's FTI helps trade, maybe someone will help