A couple of statements about the FX market | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Couple of basic market questions 2 replies

Introducing myself and a couple of wonderings 13 replies

Couple of Questions: How the Market Works? 1 reply

Need a little help of a couple simple function in Excel 13 replies

Okay, did a another insurance company buy another couple hundred million EUR?? 23 replies

Attachments: A couple of statements about the FX market
Exit Attachments

A couple of statements about the FX market

  • #21
  • Aug 26, 2010 7:22am Aug 26, 2010 7:22am
Quoting yaed
Well what if price is too high or too low? I guess one or the other, and for that i use some simple equations, thats what we all do when we trade.

I think that time is not here, not there, not past, not future. Why? Because what ever happend before now exist now just as much as now exist. Otherwise i would not have to worry about paying taxes, someone decided i need to, in the so called past. But because i have to pay taxes now the past exist today.

Another example: John F Kennedy was assasinated by someone. We live in that reality, the same...
Well at least your custom user title (Nutcase) is apt!

So where are you going with this anyway? Are you suggesting that if I build a time machine I could stop paying taxes? If so, I like your plan.
  • #22
  • Aug 26, 2010 11:11pm Aug 26, 2010 11:11pm
Quoting MetaCoder
Time is supremely important. Where an exchange rate goes from timepoint A to timepoint B is the only thing that can make you money. Try and think otherwise all you want, it won't get you anywhere.
Yeah sure otherwise my takeprofits would never get filled.
My signature is: "Classified".
  • #23
  • Aug 26, 2010 11:12pm Aug 26, 2010 11:12pm
Quoting Slack
There's no such thing as too high/low -- overbought/oversold. Price is only relative.
Well that would mean it never turns and goes the other way?
My signature is: "Classified".
  • #24
  • Aug 26, 2010 11:14pm Aug 26, 2010 11:14pm
Quoting SwissRaj

Time is supremely relative.

http://www.futuresmag.com/Issues/200...ange-bars.aspx
Yah, Einstein proved so and it seems to hold, among other things that didnt.
My signature is: "Classified".
  • #25
  • Aug 26, 2010 11:15pm Aug 26, 2010 11:15pm
Quoting Sim
Emotion is somewhat measurable
It sure is, price is emotion...maybe.
My signature is: "Classified".
  • #26
  • Aug 26, 2010 11:17pm Aug 26, 2010 11:17pm
Quoting vosterfxandy
Of course there is time. But the issue is, time isn't even a constant factor.

As in, time can accelerate or decelerate. So we must take that into account.
Yeah, if price doesnt change, time stands still, since there is no change, there is no time right? Or at least if price dont change, id doesnt matter if time does it usual thing whatever its said that time does when its...doing its thing whatever it is.
My signature is: "Classified".
  • #27
  • Aug 26, 2010 11:44pm Aug 26, 2010 11:44pm
Quoting yaed
Well that would mean it never turns and goes the other way?
No, relative; meaning, price isn't subjected to any box... it goes where it likes, whenever it likes.

Too high and too low are street slang, but have no real meaning.
  • #28
  • Aug 26, 2010 11:51pm Aug 26, 2010 11:51pm
Quoting DanUK
Well at least your custom user title (Nutcase) is apt!

So where are you going with this anyway? Are you suggesting that if I build a time machine I could stop paying taxes? If so, I like your plan.
Well i put nutcase there since it happens that it is suggested that i am every now and then, which is pride myself in being called when i look at how people think/behave. I mean really, the idea of money is ridiculous, to put it into practice even more ridiculous. Not to think so i consider nuts, but as it happens people often take it for granted, making those people nuts, in effect making me nuts in theyre eyes for thinking so.

Well if you DID build a timemachine could you send me a PM id like to go have a nice long conversation with that Woodrow Wilson fella, Wittgenstein and Franklin Roosevelt, Mahatma Gandhi and Krishnamurti. And it the think is still working the day after so well that we could go back further then a hundred years id have a word with that Anaximander fella, Pythagoras, throw in Plato (skipping Aristotle since hed need 5 days just to get started), then Epicurus and going directly to Augustine and then Thomas of Aquinas. And then id like to bounce around the 17th to 19th century for a couple of weeks and definetly have a word with Descartes (if he can muster the energy to get out of bed) Anselm of Cantebury, Hobbes , Hume, Kant (when hes taking hes morning walk since i wouldnt want to disturb him later), Hegel, Marx, Chopenhauer and then maybe id go pay youre taxes.

Well i wouldnt try to build a time machine to avoid paying taxes, the IRS would just build one to come get you out of time and put yah in jail.

And yeah, trading is trying to build a timemachine, you are saying price will go lower or higher in the future, youre account will tell yah in the end of the day if youre machine is working.

Peace out, need to go think about trading. (You dont actually need to trade that much, thinking about it is what occupies yah all the time, the actual trading is just that 0.1 second it takes to press the "buy" or "sell" button, so im working a maximum amount of 2 seconds a day thats relativity for yah, some guys working days are 12 hours, mine max out at 2 seconds. Yah thats what ill answer next time anybody asks me about what i do, ill say well i work between 0.1 to 2 seconds a day so i really hardly work at all i just think about working.)
My signature is: "Classified".
  • #29
  • Aug 26, 2010 11:59pm Aug 26, 2010 11:59pm
Quoting Slack
No, relative; meaning, price isn't subjected to any box... it goes where it likes, whenever it likes.

Too high and too low are street slang, but have no real meaning.
Well technically yeah in the sense that youre sort of right about that. But if price is rising the probability of it stoping and starting to drop rises the more price has risen (i am not sure there is an english word that is "risen" but lets asume there is), and vice versa.

Though i dont think price will ever "want" to go into my pocket if its true that it can go anywhere, at least id be very surprised to see it there, though if i dont have e piece of paper in my pocket i am unsure of how that would actually look, but whenever, or should i say IF, i discover strange arabic numbers scribbled on my pocket notes we will get right back to this.
My signature is: "Classified".
  • #30
  • Aug 27, 2010 12:42am Aug 27, 2010 12:42am
Quoting yaed
Well technically yeah in the sense that youre sort of right about that. But if price is rising the probability of it stoping and starting to drop rises the more price has risen (i am not sure there is an english word that is "risen" but lets asume there is), and vice versa.
I don't agree.

Well, let me try this on you. What if I told you bar #3 actually has a lower high than bar #2. And, bar #2 has a lower high than bar #1. (EURUSD 1m chart, 06:17 London).
Attached Image (click to enlarge)
Click to Enlarge Name: 8-26-2010 10-18-55 PM.jpg Size: 80 KB
  • #31
  • Aug 27, 2010 12:55am Aug 27, 2010 12:55am
Quoting Slack
I don't agree.

Well, let me try this on you. What if I told you bar #3 actually has a lower high than bar #2. And, bar #2 has a lower high than bar #1. (EURUSD 1m chart, 06:17 London).
Why would you say that?
My signature is: "Classified".
  • #32
  • Aug 27, 2010 3:25am Aug 27, 2010 3:25am
Quoting yaed
Why would you say that?
Remember, I'm speaking in relative terms. Bars 2 and 3 are lower on a relative, dynamic price distribution curve. This can help alert you to a potential mean reversion/reversal before it happens.
  • #33
  • Last Post: Aug 27, 2010 8:09am Aug 27, 2010 8:09am
Quoting Slack
Remember, I'm speaking in relative terms. Bars 2 and 3 are lower on a relative, dynamic price distribution curve. This can help alert you to a potential mean reversion/reversal before it happens.
Yeah well in that case, definetly.
My signature is: "Classified".
0 traders viewing now