Technical Analysis Fallacy

ooooh this one..................i was thinking................


V

Just for info:

0723 GMT [Dow Jones] Upward pressure on the JPY may well get worse. Apart from anything else, there's now those repatriation flows. As RBC Capital Markets says: "JPY appreciation pressure may well intensify as we head into fiscal half year at the end of the month." USD/JPY now at 84.13. ([email protected])

Disclaimer: Be aware of possible COw Dung included ;-)

""=DJ HEARD ON THE STREET: Japan Joins In Sport Of China-bashing
Fri Sep 10 03:41:54 2010
EDT

By Andrew Peaple
A DOW JONES COLUMN

China's vast foreign exchange reserves, as much a curse as a blessing, are
causing it trouble again.
This time, the tension is with Japan. Yoshihiko Noda, Japan's finance
minister, is questioning the rapid pace at which China is buying Japanese
government bonds. China bought $27 billion's worth of JGBs this year, six times
as much as it accumulated in the last five combined.
There's a political dimension to Noda's comments, of course. It's tempting to
point the finger at Chinese shenanigans as a factor behind the yen's currently
inexorable rise against the dollar. With Sino-Japanese tensions bubbling up
again over labor issues at Japanese factories in China and a perennial
territorial dispute, Noda's China-bashing fits the mood in Tokyo.
In truth, China's JGB purchases are tiny compared with overall Japanese
government debt issuance, which will total $1.92 trillion this fiscal year, and
a small fraction of daily turnover of around $300 billion in the Japanese
foreign exchange market. Other factors, such as Japan's own persistent current
account surplus and worries about the U.S. economy, are greater forces behind
the yen's recent strength.
Still, justified or not, Noda's criticisms point to a problem that is largely
of China's own making: Its build-up of foreign exchange reserves -- now
officially standing at $2.5 trillion -- has gone beyond all sensible
proportions. The scale of its holdings means that even when pursuing sound
investment policy -- such as buying yen assets to diversify its holdings away
from dollars -- it risks attracting criticism.
Even if Japan and the U.S. are actually well placed to absorb a sudden
increase in buying by China, thanks to huge domestic bond markets, some of
China's other investment destinations may not be. China has recently increased
its holdings of Korean government debt sharply, causing a stir in that market.
But Beijing's export-supportive policy mix, including its control of the
yuan, means its reserve build-up is set to continue. Though policymakers want
to see more outward investment by Chinese companies, using the country's
reserves, that's complicated by foreign suspicion of Chinese state-owned
enterprises.
For such reasons, Citi Investment Research expects China's forex reserves to
keep growing by $250 billion to $300 billion a year for some time to come. A
Chinese economy more geared to domestic consumption -- which will help reduce
trade surpluses by boosting imports -- remains a long-term aspiration.
In the mean time, in Japan and elsewhere, China-bashing will remain a favored
sport.

(Andrew Peaple, a Columnist on Dow Jones' Heard on the Street team, has been
a financial journalist since 2003. Currently based in Beijing he has also
covered the U.K. economy and financial services, and is a U.K.-qualified
chartered accountant.) ""

Some relevant info.

Regards, MyTbo

... any change in the world?

reading this?

Matthew 7

[1] Judge not, that you may not be judged,
[2] For with what judgment you judge, you shall be judged: and with what measure you mete, it shall be measured to you again.
[3] And why seest thou the mote that is in thy brother's eye; and seest not the beam that is in thy own eye?
[4] Or how sayest thou to thy brother: Let me cast the mote out of thy eye; and behold a beam is in thy own eye?
[5] Thou hypocrite, cast out first the beam in thy own eye, and then shalt thou see to cast out the mote out of thy brother's eye.

regards

I was a little weird in that photo?I think ... I'm not shaved

Matthew 7
[16] By their fruits you shall know them. Do men gather grapes of thorns, or figs of thistles?
[17] Even so every good tree bringeth forth good fruit, and the evil tree bringeth forth evil fruit.
[18] A good tree cannot bring forth evil fruit, neither can an evil tree bring forth good fruit.
[19] Every tree that bringeth not forth good fruit, shall be cut down, and shall be cast into the fire.
[20] Wherefore by their fruits you shall know them.

[21] Not every one that saith to me, Lord, Lord, shall enter into the kingdom of heaven: but he that doth the will of my Father who is in heaven, he shall enter into the kingdom of heaven.
[22] Many will say to me in that day: Lord, Lord, have not we prophesied in thy name, and cast out devils in thy name, and done many miracles in thy name?
[23] And then will I profess unto them, I never knew you: depart from me, you that work iniquity.

[24] Every one therefore that heareth these my words, and doth them, shall be likened to a wise man that built his house upon a rock,
[25] And the rain fell, and the floods came, and the winds blew, and they beat upon that house, and it fell not, for it was founded on a rock.

[26] And every one that heareth these my words, and doth them not, shall be like a foolish man that built his house upon the sand,
[27] And the rain fell, and the floods came, and the winds blew, and they beat upon that house, and it fell, and great was the fall thereof.


Matthew 12
[33] Either make the tree good and its fruit good: or make the tree evil, and its fruit evil. For by the fruit the tree is known.
[34] O generation of vipers, how can you speak good things, whereas you are evil? for out of the abundance of the heart the mouth speaketh.
[35] A good man out of a good treasure bringeth forth good things: and an evil man out of an evil treasure bringeth forth evil things.
[36] But I say unto you, that every idle word that men shall speak, they shall render an account for it in the day of judgment.
[37] For by thy words thou shalt be justified, and by thy words thou shalt be condemned.

Matthew 17
24 When they came to Capernaum, the collectors of the two-drachma tax went up to Peter and said, “Does your teacher not pay the tax?”
25 He said, “Yes.” And when he came into the house, Jesus spoke to him first, saying,
“What do you think, Simon? From whom do kings of the earth take toll or tax? From their sons or from others?”
26 And when he said, “From others,” Jesus said to him, “Then the sons are free.
27 However, not to give offense to them,.................

Matthew 19
[16] And behold one came and said to him: Good master, what good shall I do that I may have life everlasting?
[17] Who said to him: Why asketh thou me concerning good? One is good, God. But if thou wilt enter into life, keep the commandments.
[18] He said to him: Which? And Jesus said: Thou shalt do no murder, Thou shalt not commit adultery, Thou shalt not steal, Thou shalt not bear false witness.
[19] Honour thy father and thy mother: and, Thou shalt love thy neighbour as thyself.
[20] The young man saith to him: All these I have kept from my youth, what is yet wanting to me?

[21] Jesus saith to him: If thou wilt be perfect, go sell what thou hast, and give to the poor, and thou shalt have treasure in heaven: and come follow me.
[22] And when the young man had heard this word, he went away sad: for he had great possessions.
[23] Then Jesus said to his disciples: Amen, I say to you, that a rich man shall hardly enter into the kingdom of heaven.
[24] And again I say to you:It is easier for a camel to pass through the eye of a needle, than for a rich man to enter into the kingdom of heaven.

Matthew 22
[36] Master, which is the greatest commandment in the law?
[37] Jesus said to him: Thou shalt love the Lord thy God with thy whole heart, and with thy whole soul, and with thy whole mind.
[38] This is the greatest and the first commandment.
[39] And the second is like to this: Thou shalt love thy neighbour as thyself.
[40] On these two commandments dependeth the whole law and the prophets.


regards

Matthew 5
3Blessed are the poor in spirit: for theirs is the kingdom of heaven.
4Blessed are they that mourn: for they shall be comforted.
5Blessed are the meek: for they shall inherit the earth.
6Blessed are they which do hunger and thirst after righteousness: for they shall be filled.
7Blessed are the merciful: for they shall obtain mercy.
8Blessed are the pure in heart: for they shall see God.
9Blessed are the peacemakers: for they shall be called the children of God.

39But I say unto you, That ye resist not evil: but whosoever shall smite thee on thy right cheek, turn to him the other also.
40And if any man will sue thee at the law, and take away thy coat, let him have thy cloak also.
41And whosoever shall compel thee to go a mile, go with him twain.

Matthew 10
7 And as ye go, preach, saying, The kingdom of heaven is at hand.
8 Heal the sick, cleanse the lepers, raise the dead, cast out devils: freely ye have received, freely give.
9 Provide neither gold, nor silver, nor brass in your purses,
10 Nor scrip for your journey, neither two coats, neither shoes, nor yet staves: for the workman is worthy of his meat.
11 And into whatsoever city or town ye shall enter, enquire who in it is worthy; and there abide till ye go thence.
12 And when ye come into an house, salute it.
13 And if the house be worthy, let your peace come upon it: but if it be not worthy, let your peace return to you.
14 And whosoever shall not receive you, nor hear your words, when ye depart out of that house or city, shake off the dust of your feet.

Matthew 12
[25] And Jesus knowing their thoughts, said to them: Every kingdom divided against itself shall be made desolate: and every city or house divided against itself shall not stand.
[26] And if Satan cast out Satan, he is divided against himself: how then shall his kingdom stand?

regards







Οὕτως γὰρ ἠγάπησεν ὁ Θεὸς τὸν κόσμον, ὥστε τὸν Υἱὸν τὸν μονογενῆ ἔδωκεν, ἵνα πᾶς ὁ πιστεύων εἰς Αὐτὸν μὴ ἀπόληται ἀλλ᾽ ἔχῃ ζωὴν αἰώνιον. - John 3:16

因為 天下大亂 首 先 在 於 人心 衰亂 - Lui Bei, 3 Kingdoms. Lack of Love & empathy & learned heart. Too much ego & over-confidence without honour. Failure of the heart & Soul.

The failure of mindset. Heros with deceived mindset.
A Lesson.
寧肯我負天下人
休叫天下人負我

Hey friends,

Has someone taken part in that action?
Good momentum and card loads of pips :-)

Stay nimble!

CU,
MaMood

Hi

Could someone tell me what they find best for a trend filter when trading with FTi's method?

"large boats is difficult to rotate and small boats are afraid of turbulence"

Long and short term simple moving averages i assume your talking about here?

Hey, MaMood your lady has done some pretty decent moves. Almost like straight lines up and down, hehe. I've done my dancing with eur/usd and I managed to return the bad loss from yesterday afternoon and even end up ahead a little.
It's time leave work now, I've been trading from the office whole day
Have a nice weekend guys

MyTbo

Hi friends,

after I had dinner with family I'll close my trading session for today.
It was really very exciting.
Had to do a leveraged flip to save my book, but finally I made some very good money.

Wish you all the best and a relaxing weekend.
Hopefully tomorrow's anniversary of 9-11 will not cause any terror in the world.

Peace!

Cu,
MaMood

The daily trend for controlling, short-term chart for management positions.

hey guys competed today on cycling competition. My time was 10min 30 sec on 4km long climb, with 175 m change in altitude. I was 2 min after winner who had 8min 30 and I'm waiting for results to see wich place. Otherwise I couldnt do better as after 5 min I was all wasted and I had 1km climb before me so I didnt do well, but tis gonna be better next year ;