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Technical Analysis Fallacy

  • #19,301
  • Sep 23, 2010 8:24am Sep 23, 2010 8:24am
Seems they have given up on it for now.
But there is still some time till 10:oo EST

@Gart: Something wrong with your post.
Unfortunatly I Could not see your picture
  • #19,302
  • Sep 23, 2010 8:34am Sep 23, 2010 8:34am
Quoting Gro
Hi gart

I do not want you to understand this wrong.You're a good dancer and you're "feeling" dance, I think.I very appreciate your input, as well as MaMood.
In trade, we are each responsible for themselves.
"The more eyes see more" ... but 90% of traders are wrong

PS My opinion for "trade room", trade room is great - monitors emotions, directing the trend (correction to the trend).Every eye watching something instrument ... and report what they see ... not what you think :nerd: ...

Your inputs are welcome...
Hi Gro,

All is well
I'm new TAF in the family and I thank the comments geared toward me. Spanking the better the reward
Input - OK I understand

Rgs
gart
  • #19,303
  • Sep 23, 2010 8:40am Sep 23, 2010 8:40am
Quoting MaMood
Seems they have given up on it for now.
But there is still some time till 10:oo EST

@Gart: Something wrong with your post.
Unfortunatly I Could not see your picture
Hmm ...
And now? I see my screen
Such were some of my input on the M5.
Mainly working on the exact 5/10/30secs and now I could not show it.
  • #19,304
  • Sep 23, 2010 8:43am Sep 23, 2010 8:43am
Quoting gart
Hmm ...
And now? I see my screen

hmhhm - Am I the only one who is not able to see it?
Maybe because it is a bmp and a jpg or gif ...
  • #19,305
  • Sep 23, 2010 8:44am Sep 23, 2010 8:44am
Quoting gart
Hi Gro,

All is well
I'm new TAF in the family and I thank the comments geared toward me. Spanking the better the reward
Input - OK I understand

Rgs
gart
  • #19,306
  • Sep 23, 2010 8:48am Sep 23, 2010 8:48am
Quoting MaMood
hmhhm - Am I the only one who is not able to see it?
Maybe because it is a bmp and a jpg or gif ...
Unfortunately, it is possible - bmp
  • #19,307
  • Sep 23, 2010 8:51am Sep 23, 2010 8:51am
Quoting MaMood
hmhhm - Am I the only one who is not able to see it?
Maybe because it is a bmp and a jpg or gif ...
I have viewed OK
  • #19,308
  • Sep 23, 2010 8:54am Sep 23, 2010 8:54am
MaMood, I do not lose! This is an example of my bad inputs.
Do not learn this! My Scorpion!
  • #19,309
  • Sep 23, 2010 9:08am Sep 23, 2010 9:08am
Quoting gart
MaMood, I do not lose! This is an example of my bad inputs.
Do not learn this! My Scorpion!
watch the "weight" balance
  • #19,310
  • Sep 23, 2010 9:08am Sep 23, 2010 9:08am
Quoting Setebos
Morning guys,

I see a lot of familiar names in the bottom of the thread (Vic, when do you sleep dude? ) so I thought I should drop a useful piece of info for those trading the kingdoms:
Option expiries for today: Euro $1.3400, $1.3250 cable $1.5830, $1.5400 yen Y84.00, Y84.25, Y84.50, Y84.75, Y85.35 kiwi $0.7340, $0.7500.

Hope this helps. Good fortune.
S
Actually S

i was sleeping by that time i guess i kept log in.....thanks for info btw....


Gart may i recomend using lesser posts for the blotter... you can create a journal or upload it after your dance is doine...

as i came in morning and i saw iahe to read 5 pages from TAF....so if you dont mind


V
  • #19,311
  • Sep 23, 2010 9:25am Sep 23, 2010 9:25am
Quoting Gro
watch the "weight" balance
Thx note.
  • #19,312
  • Sep 23, 2010 9:30am Sep 23, 2010 9:30am
UJ short 8416-02
preparing a scout
  • #19,313
  • Sep 23, 2010 9:40am Sep 23, 2010 9:40am
Hi again Gart,

finally I mamaged to see your picture.
MAy I ask why don' t you have treid to send some rescue troops around the 1.5670 level ?

Ok - from hindsight everything is easy ;-)
  • #19,314
  • Edited 10:34am Sep 23, 2010 10:23am | Edited 10:34am
Hi again,

because I'm often talking about using a Tickchart or something else with TF < 1 minute.
I have taken that screenshot a few seconds ago.

You can see this small little spikes/needles moving price down.
And everytime after such a move down, there have been buyers, that have brought the price up again.
But there have also been some sellers, that were defending the level around 84.35, as the little spikes/needles pointing up are showing.

How often and how fast this is going to happen gives an indication how strong the battle is ...

Edit: Maybe I should add, that at this time the sellers had a small advantage over the buyers, because overall price was going down. But as we know right now, the 8430 level was defended well for the time being ....
Attached Image
  • #19,315
  • Sep 23, 2010 10:51am Sep 23, 2010 10:51am
Quoting MaMood
Hi again Gart,

finally I mamaged to see your picture.
MAy I ask why don' t you have treid to send some rescue troops around the 1.5670 level ?

Ok - from hindsight everything is easy ;-)
excuse unless the second time it happened, I wrote on the forum and traded, but to answer your question today
I'm in a trade with the U / J
  • #19,316
  • Sep 23, 2010 10:55am Sep 23, 2010 10:55am
Quoting gart
excuse unless the second time it happened, I wrote on the forum and traded, but to answer your question today
I'm in a trade with the U / J
Not a problem Gart.
Keep your mind focussed!
  • #19,317
  • Sep 23, 2010 12:08pm Sep 23, 2010 12:08pm
I'll try one joke (for traders) :

Indians are asking the Chief 'what will the upcoming winter?".
Chief does not know for sure but it says "let everyone bring firewood".
Indians confused but bring firewood.
Indians are once again asking the chief 'What will the upcoming winter? "
Chief again says "let everyone bring firewood".
Indians confused but bring firewood.
An Indian still curious and telephone call to the weather station and asks "What will the upcoming winter?"
from the meteorological station response "all Indians bring firewood" ... "so it will be tough winter!"
  • #19,318
  • Edited 1:22pm Sep 23, 2010 12:45pm | Edited 1:22pm
Quoting MaMood
Hi again Gart,

finally I mamaged to see your picture.
MAy I ask why don' t you have treid to send some rescue troops around the 1.5670 level ?

Ok - from hindsight everything is easy ;-)
Scorpion attack stiffness: 5640-5660but closed all positions after the next attack ...

Attached Image


Ahead of me a lot a lot of work.
Thanks for any help http://cdn.forexfactory.com/images/s.../yim/happy.gif
  • #19,319
  • Sep 23, 2010 1:05pm Sep 23, 2010 1:05pm
Thank you all for your help and attentions.
I appreciate it ... very very thanks for your support.
This week it was for me the last trade.
Have a nice weekend!

BTW: Does anyone have information about FTI?


CU all
gart
  • #19,320
  • Sep 23, 2010 1:08pm Sep 23, 2010 1:08pm
Quoting Gro
I'll try one joke (for traders) :

Indians are asking the Chief 'what will the upcoming winter?".
Chief does not know for sure but it says "let everyone bring firewood".
Indians confused but bring firewood.
Indians are once again asking the chief 'What will the upcoming winter? "
Chief again says "let everyone bring firewood".
Indians confused but bring firewood.
An Indian still curious and telephone call to the weather station and asks "What will the upcoming winter?"
from the meteorological station response "all Indians bring firewood"...
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