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Technical Analysis Fallacy

  • #19,981
  • Oct 29, 2010 4:28am Oct 29, 2010 4:28am
I'm glad I could help

thanks for the welcoming me

all the best!
  • #19,982
  • Edited 4:41am Oct 29, 2010 4:28am | Edited 4:41am
Quoting MaMood
Hi Piccolo,

do you know it already?
Any experiences?

Niels
Yes, for 5min already.

You can share all that you see or just a single App (like MetaTrader4 demo). No need to share all.

It worked nicely on my Windows 7. If you like we can schedule a test session some time and test audio/video.

PS - made in Germany. Much like TeamViewer which I use a lot.

Regards,
  • #19,983
  • Oct 29, 2010 4:34am Oct 29, 2010 4:34am
Quoting piccolo
Yes, for 5min already.

You can share all that you see or just a single App (like MetaTrader4 demo). No need to share all.

It worked nicely on my Windows 7. If you like we can schedule a test session some time and test audio/video.

PS - made in Germany. Much like TeamViewer which I use a lot.

Regards,
So you are much more experienced than me ;-)

What about this afternoon?
Maybe after US figs have been published and the market has calmed down again?

Edit: Have to leave now for preparing family lunch.
Will be back later for NY session ....
  • #19,984
  • Oct 29, 2010 4:39am Oct 29, 2010 4:39am
Just a short addon to my posting to1234 ...

That is the way I would have added to the position again.
Finally based on the development of the chart only.
It seem to easy, when the candles have formed already in hindsight.
But it is easy too, when you see the dynamic of the forming candles ...

It shows EU M5 chart of London morning session. - Mahood

Thanks, just a question regarding the sma on the hr and min charts. Is it the same sma 12 on all? I have the sma 12 that Fti suggested on my 5min chart.

As it Friday I mainly do short battles, I have a scout out short at 1.3824 not the best place for a scout, but I will wait and see. Ray
  • #19,985
  • Oct 29, 2010 5:27am Oct 29, 2010 5:27am
Quoting MaMood
Back again with a fresh cup of coffee.

That little session has made me 452EUR profit.
(Hmmh - I do not post this number because I'm on my ego-trip, but I was always very much missing such an info, when fti and other seniors are showing their blotter. I have always asked me: Will it be enough for a living to trade this way. Now I know - Yes it can!)

Will end my public session now, becuase it is very exhausting for my mindset to type all this info in nearly realtime. As I have said, I'm looking for another solution to do live sseions in the fruture...
MaMood, I belong to a live trading room and they use a software calle OmNovia that allow you to talk and show your charts in real time and we log in and see what you're doing. You don't have to type anything. Check it out.
Keep up teh great job you're doing.
Alex
If only I knew then what I know now...
  • #19,986
  • Oct 29, 2010 6:05am Oct 29, 2010 6:05am
Hey guys I go to friendly competition in austria next week in taekwondo with few clubs, and I am lil bit nervous. Even though coach said me, I am much better than them, I dont trust my self, I feel not very good enough. How shloud someone have belief in himslef and I never been to taekwondo competition all the best regards
  • #19,987
  • Oct 29, 2010 6:21am Oct 29, 2010 6:21am
Quoting 1234
[...]
Thanks, just a question regarding the sma on the hr and min charts. Is it the same sma 12 on all? I have the sma 12 that Fti suggested on my 5min chart.

As it Friday I mainly do short battles, I have a scout out short at 1.3824 not the best place for a scout, but I will wait and see. Ray
Hi Ray,

no it is not the same.
It is showing the hourly trend.
So it has tobe a SMA(12) on M5: 5*12=60.
and a SMA(60) on M1 to represent the hourly trend.

Fell free to ask what ever you need to know ;-)

Cu,
MaMood
  • #19,988
  • Oct 29, 2010 6:49am Oct 29, 2010 6:49am
Quoting mijamoto
Hey guys I go to friendly competition in austria next week in taekwondo with few clubs..
be sure to have body armors/protectors.
in my first & last taekwondo competition a 'few' years back, i didnt wear any protection... & i got kicked in the...
what happened? i lost all my power.. & the fight.

if u dont believe in your skills, why waste your time & fight? it's pointless.
Believe.
Good luck.
  • #19,989
  • Oct 29, 2010 7:06am Oct 29, 2010 7:06am
Quoting Alexgee
MaMood, I belong to a live trading room and they use a software calle OmNovia that allow you to talk and show your charts in real time and we log in and see what you're doing. You don't have to type anything. Check it out.
Keep up teh great job you're doing.
Alex
Thanx Alex for the info.
Seems it is a paid service only. Want to test such a tool first with a free trial... However - have tested a NetViewer with piccolo. So far he could see my screen and I was able to hear him. But there are some questions I need to find answers for first .....

But basically it seems to work as expected.
Curious, when we are able to do our first session then ....
  • #19,990
  • Oct 29, 2010 9:17am Oct 29, 2010 9:17am
Hi again,

I'm really euphoric now.
Have done some more testing with piccolo and the software works great.
If you are interested in, we cann test it right now.
All you need is a headset, if you want to talk to me ;-)

If you want to give it a try please do the following steps:
1. open this website
http://www.netviewer.com/en/joinsession/
2. fill in this session number: 390 748 749
and you should be connected to my screen ...

Will be only for the next hour ....

Hope to see you!

MaMood
  • #19,991
  • Oct 29, 2010 9:32am Oct 29, 2010 9:32am
Quoting MaMood
Hi again,

I'm really euphoric now.
Have done some more testing with piccolo and the software works great.
If you are interested in, we cann test it right now.
All you need is a headset, if you want to talk to me ;-)
It was a very nice test session. Seems like this is the way to go..
  • #19,992
  • Oct 29, 2010 9:44am Oct 29, 2010 9:44am
If you want to give it a try please do the following steps:
1. open this website
http://www.netviewer.com/en/joinsession/
2. fill in this session number: 390 748 749
and you should be connected to my screen ...

Will be only for the next hour .... Hope to see you! MaMood

Is there a limit to the number of participants? I get a error message when trying to enter. Ray
  • #19,993
  • Oct 29, 2010 9:45am Oct 29, 2010 9:45am
Quoting 1234
If you want to give it a try please do the following steps:
1. open this website
http://www.netviewer.com/en/joinsession/
2. fill in this session number: 390 748 749
and you should be connected to my screen ...

Will be only for the next hour .... Hope to see you! MaMood

Is there a limit to the number of participants? I get a error message when trying to enter. Ray
try it again now...
  • #19,994
  • Oct 29, 2010 9:48am Oct 29, 2010 9:48am
Following a tick chart is pretty hard haha. Have been giving it a try and alot of momentum fakeouts. Hard to discern must get more experience. Hopefully the session goes well I have to go to class soon so can't get on!
  • #19,995
  • Oct 29, 2010 9:52am Oct 29, 2010 9:52am
I dont have microphone yet but I can hear you. but suddenly I disconnected.
  • #19,996
  • Oct 29, 2010 9:58am Oct 29, 2010 9:58am
Quoting k.k
I dont have microphone yet but I can hear you. but suddenly I disconnected.

Hi k.k.,

sorry - I have kicked you out accidently :-)

There is a limit with this free version of NetViewer to 5 participants, that I was not aware of. I'll have to find a solution for that.

I have stopped the session now,
because I have to leave now.

I'm sure I'll contunie with the experiment next week.

Wish you all a great weekend!!!!

CU,
MaMood
  • #19,997
  • Oct 29, 2010 1:09pm Oct 29, 2010 1:09pm
Hi all,

i need help and assistance with entry and exits, where to enter and exit a trade. i understand support and resistance, trend lines but i'm always on the opposite side. i like the idea trading in the 5min and 15 mins timeframes. i look at 30 mins, 1 hr and 4 hrs charts to see which way is heading.

i would really appreciate this help because for the past 6 months i have been learning everything about forex, techno and fundmental analysis, indicators, everything BUT entry and exit is my problem. are my missing something?

please help

http://cdn.forexfactory.com/images/misc/progress.gif

  • #19,998
  • Oct 29, 2010 4:51pm Oct 29, 2010 4:51pm
Quoting Ma Mood
Hi Ray,

ok, from hindsight everything is much easier. But you may read one of my postings frokm this morning, where I was talking about the Lodon opening (http://www.forexfactory.com/showpost...ostcount=19927)

Attachend is an image, that shows a possible rescue action.
I have done that as attack sequence this morning my my self.

Hope it gives you some hints ...
MaMood

Thanks for this post. My attacks have been close to this concept but not quite as tidy so I'm looking forward to having a crack at this next week. Thanks very much for your generosity in sharing these things with us.

I'm in GMT+10 TIMEZONE so your Netviewer sessions might be a little difficult to catch but hopefully I will be able to give it a try next week as well.
With wisdom comes humility. With humility comes wisdom!
  • #19,999
  • Oct 30, 2010 5:15am Oct 30, 2010 5:15am
żdıןɟ ןןıʍ ʇı uǝɥʍ ɹǝpuoʍ ı ˙uǝʎ ǝɥʇ ɹoɟ ʎɹoʇıɹɹǝʇ buıʇsǝɹǝʇuı oʇuı buıʇʇǝb ǝɹɐ ǝʍ ǝʞıן sʞooן
  • #20,000
  • Oct 30, 2010 6:59am Oct 30, 2010 6:59am
Quoting Zoran
żdıןɟ ןןıʍ ʇı uǝɥʍ ɹǝpuoʍ ı ˙uǝʎ ǝɥʇ ɹoɟ ʎɹoʇıɹɹǝʇ buıʇsǝɹǝʇuı oʇuı buıʇʇǝb ǝɹɐ ǝʍ ǝʞıן sʞooן
LOL
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