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Technical Analysis Fallacy

  • #21,121
  • Jan 4, 2011 4:10am Jan 4, 2011 4:10am
Hi again,

major news are released for the moment.
Now we will have more "natural moves" till US figs in ~5 hours ....
  • #21,122
  • Jan 4, 2011 4:20am Jan 4, 2011 4:20am
Quoting MaMood
Hi again,

major news are released for the moment.
Now we will have more "natural moves" till US figs in ~5 hours ....
ya wait they get into gear.
meantime....
Inserted Video


regards
  • #21,123
  • Jan 4, 2011 4:25am Jan 4, 2011 4:25am
Quoting fti
nice

regards

Some swiss parties buying around the low 30s

Markets still very thin.
Get back rhythm slowly

i still enjoying the chapa chapa dance.
lets see if ny is in gear yet.

i wonder how or where u see the swiss parties buying around that price sir ?
  • #21,124
  • Jan 4, 2011 4:29am Jan 4, 2011 4:29am
Happy New Year everyone...

Nice to see you on the battlefield fti.

Quoting paranorms
i wonder how or where u see the swiss parties buying around that price sir ?
Time of day and consistent regular buying at low 30s. And maybe this:

Attached Image (click to enlarge)
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  • #21,125
  • Jan 4, 2011 4:41am Jan 4, 2011 4:41am
I'd appreciate it if you can elaborate your views/thoughts. thx. rgds/kevin
there is something i am not seeing.

Quoting Vourvoul
Happy New Year everyone...
Nice to see you on the battlefield fti.
Time of day and consistent regular buying at low 30s. And maybe this:
  • #21,126
  • Edited 4:59am Jan 4, 2011 4:43am | Edited 4:59am
Quoting paranorms
i wonder how or where u see the swiss parties buying around that price sir ?
I sold to them, while they chased.
luckily i was just profitaking my "1st blood"scalp when met the names.

regards

Inserted Video
  • #21,127
  • Edited 5:12am Jan 4, 2011 5:00am | Edited 5:12am
Quoting Kaptain Ahab
I'd appreciate it if you can elaborate your views/thoughts. thx. rgds/kevin
there is something i am not seeing.
No views, just flow.
missed much pips.
Seems was cable boys saw them first.
i didn't, so they came at me like a train.

Much rusty , so i couldn't turn.
Now waiting Ny.


regards
  • #21,128
  • Jan 4, 2011 5:04am Jan 4, 2011 5:04am
Quoting fti
No views, just flow.

regards

lol.. Happy New year my friend..

happy New to every one here, many pips, and plenty time to "spend" those PIPS...
  • #21,129
  • Jan 4, 2011 5:17am Jan 4, 2011 5:17am
Quoting Kaptain Ahab
I'd appreciate it if you can elaborate your views/thoughts. thx. rgds/kevin
there is something i am not seeing.
Speed Length of moves and: (vertical red is EU open)

Attached Image (click to enlarge)
Click to Enlarge Name: eurchf1.gif Size: 15 KB
  • #21,130
  • Jan 4, 2011 6:25am Jan 4, 2011 6:25am
Back from lunch now.

Seems there was not much action in the meantime.
So I only can hope as fti has said, that NY boys will cheer for some action :-)

Cu,
MaMood
  • #21,131
  • Jan 4, 2011 6:33am Jan 4, 2011 6:33am
Quoting MaMood
Back from lunch now.

Seems there was not much action in the meantime.
So I only can hope as fti has said, that NY boys will cheer for some action :-)

Cu,
MaMood
uinlikely, FOMC at 3
range game, likely
anyway is just flow.
Thats reason train rammed me. damn biased.
a profit's a profit, no complains. 1st ang pow(red packet) for 2011
Auspicious.

regards
  • #21,132
  • Jan 4, 2011 6:51am Jan 4, 2011 6:51am
Attempting to read the 3 Kingdoms and the JPY seems to be out of sync. with the others. Weak JPY?
  • #21,133
  • Jan 4, 2011 6:53am Jan 4, 2011 6:53am
Quoting Vorbis
Attempting to read the 3 Kingdoms and the JPY seems to be out of sync. with the others. Weak JPY?
jpy? they probably still golfing in thailand.
:early birds is nice. not so if early worm.

regards
  • #21,134
  • Jan 4, 2011 7:11am Jan 4, 2011 7:11am
Quoting fti
First blood

bot 13340, 13337, 13331,13328 peed 13356
all squared
Yippee yeah ... glad to see you in the
  • #21,135
  • Jan 4, 2011 7:13am Jan 4, 2011 7:13am
Quoting Gro
Yippee yeah ... glad to see you in the
  • #21,136
  • Jan 4, 2011 7:27am Jan 4, 2011 7:27am
After sitting and watching the charts for two days now I can see the value of putting in the hours to gain observational experience.

Simply memorising patterns and seeing how they look on an old chart is very differant to watching them form and dissolve in real-time. Need to develop discipline and dedication and stamina though.

I have been studying trading for several years but have been too busy looking at statistics, indicators, theories, and beliefs to just sit and watch price.

It seems strange to me now because I always considered it a good idea but never seemed to get around to it. The mind is always looking for a 'short-cut' (and wastes a lot of time looking for it).
  • #21,137
  • Jan 4, 2011 7:28am Jan 4, 2011 7:28am
Quoting fti


PS Please be you a little mercy ... I might earn a little something
  • #21,138
  • Jan 4, 2011 7:43am Jan 4, 2011 7:43am
Quoting Gro


PS Please be you a little mercy ... I might earn a little something
no need mercy, you already good.

Inserted Video


regards
  • #21,139
  • Jan 4, 2011 7:46am Jan 4, 2011 7:46am
Quoting Vorbis
After sitting and watching the charts for two days now I can see the value of putting in the hours to gain observational experience.

Simply memorising patterns and seeing how they look on an old chart is very differant to watching them form and dissolve in real-time. Need to develop discipline and dedication and stamina though.

[...]
Very true!
Welcome on board :-)

And that's the reason why it takes several thousand hours to become a real master. Pattern recognition on static charts can be done with a few dozend hours of training. But to recognize the evolving patterns in realtime, and judge the millions of possible outcomings takes a little longer.

And finally you try to get in sync with the flow, means you need to judge/see/feel the change of patterns and the speed of alteration ...

This way of trading takes slow learning and a lot of screen time (not to be spent on the past (historical charts), but in the here and now). But finally your skills will get superior, because you are not trading the market, but you and your lady are (part of) the market ;-)

CU,
MaMood
  • #21,140
  • Jan 4, 2011 7:52am Jan 4, 2011 7:52am
Quoting indianguyinny24
Salute to ur mental toughness...


http://www.youtube.com/watch?v=jdBehRMrx5o

BTW: this is how we dance in india....
best rhythm, and rhythm is everything
66 traders viewing now, 1 is registered:
Ferrym