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Technical Analysis Fallacy

  • #24,241
  • Edited 2:43am Apr 6, 2011 1:59am | Edited 2:43am
DELETED - Sorry, this post was driven by my own ego!
  • #24,242
  • Apr 6, 2011 4:07am Apr 6, 2011 4:07am
Quoting ukmanthailan
DELETED - Sorry, this post was driven by my own ego!
let the market slap their heavy bottoms Mark... and bet ya, they will learn... the hard way i suppose...

regards,

p.s. if you can't stand their craps... you can push the magic botton you know.... ignore botton
Success consists of going from failure to failure without loss of enthusiam
  • #24,243
  • Apr 6, 2011 6:47am Apr 6, 2011 6:47am
Quoting Gro
"As combination of spiral 1,1,3 would be a better combination as your attck would be stronger. howerever 112 gives you the 1123 range of capabilities.
when attack is over, the winding down should leave normally only base.ie scout.
On second wave when you do a 113 again,
the effective is actually on 2 base as one was left over,
2,1,3 then on wave 3 the base becomes as large as the attack,
effectively 3,1,3 as 2 was left over.
if the short term trend ride was succesful the base should be winded to the original of 1.

You can work in multiples...
I Wonder if everyone understands this?
  • #24,244
  • Apr 6, 2011 7:36am Apr 6, 2011 7:36am
Quoting auxesis
I Wonder if everyone understands this?
I don't have the link, I believe the quote is from post #1705, March 12 2008.

Rgs
Baifu
  • #24,245
  • Apr 6, 2011 7:42am Apr 6, 2011 7:42am
It's from two different posts (one as you mentioned and a later one from May 22nd 2008). I understand them but to put them together like that is a little confusing (to me at least) as it could look like fti was suggesting that the spiral attack he discusses is suitable in a volatile ranging market, which wasn't what he was saying.
  • #24,246
  • Apr 6, 2011 7:49am Apr 6, 2011 7:49am
Quoting ukmanthailan
It's from two different posts (one as you mentioned and a later one from May 22nd 2008). I understand them but to put them together like that is a little confusing (to me at least) as it could look like fti was suggesting that the spiral attack he discusses is suitable in a volatile ranging market, which wasn't what he was saying.
I was referring to size building from the remaining scouts, putting a combination of runs together, or in my interpretation "dancing the next larger wave degree".

Money flow between markets is a separate issue.
  • #24,247
  • Apr 6, 2011 7:50am Apr 6, 2011 7:50am
mapped all nearby bomb shelters and hospitals, might provide extra security if things go down. I have extra water already, not so sure about food. What's survival food?

http://www.ki4u.com/free_book/s73p920.htm
useful site

Quoting imjscn
oh fti said yes, "Be Prepared", but jesus knows even more. read matthew chapter 24 verse 14 to 27, --read carefully, is very detailed
  • #24,248
  • Apr 6, 2011 7:51am Apr 6, 2011 7:51am
Quoting ukmanthailan
It's from two different posts (one as you mentioned and a later one from May 22nd 2008). I understand them but to put them together like that is a little confusing (to me at least) as it could look like fti was suggesting that the spiral attack he discusses is suitable in a volatile ranging market, which wasn't what he was saying.
You are right the quotes are on different topics, the out of sync volatility quote is from post #2800, May 22.

Rgs,
Baifu
  • #24,249
  • Apr 6, 2011 8:03am Apr 6, 2011 8:03am
Quoting auxesis
I was referring to size building from the remaining scouts, putting a combination of runs together, or in my interpretation "dancing the next larger wave degree".

Money flow between markets is a separate issue.
yes I know, I was just pointing out that there were two subjects mixed together in Gro's post, in case anybody was confused.

My understanding of the part you quoted is that it is a 113, 213, 313 attack on a typical 3 wave impulse, with the increasing base owing to the fact that the first and second scouts were left in the field. After the last attack you would therefore have 6 lots (or whatever size you are trading in) to close out leaving just a single scout in the field.....seems relatively straightforward to me unless I have misunderstood something.
  • #24,250
  • Apr 6, 2011 8:21am Apr 6, 2011 8:21am
Quoting ukmanthailan
yes I know, I was just pointing out that there were two subjects mixed together in Gro's post, in case anybody was confused.

My understanding of the part you quoted is that it is a 113, 213, 313 attack on a typical 3 wave impulse, with the increasing base owing to the fact that the first and second scouts were left in the field. After the last attack you would therefore have 6 lots (or whatever size you are trading in) to close out leaving just a single scout in the field.....seems relatively straightforward to me unless I have misunderstood something....
Yep, most don't post their dance sequences, it is tailored to the individual with no specific pattern to follow, but most of the time I don't see the base building when afforded the opportunity, usually squaring.

fwiw,
  • #24,251
  • Apr 6, 2011 9:30am Apr 6, 2011 9:30am
Quoting fullperson
mapped all nearby bomb shelters and hospitals, might provide extra security if things go down. I have extra water already, not so sure about food. What's survival food?

http://www.ki4u.com/free_book/s73p920.htm
useful site
maybe get a cow? just to be safe.
  • #24,252
  • Apr 6, 2011 9:57am Apr 6, 2011 9:57am
euro seems one way , careful if u like playing other side
To Live is the rarest thing in the world , Most people exist , that is all
  • #24,253
  • Apr 6, 2011 10:13am Apr 6, 2011 10:13am
Quoting Gro
only recall for "Reading Prices" (Post your own search in the thread)

fti:"The mkt is not out of sync in terms of the movement, the out of sync is in the volitility. There seems to have movement in "turn based" style. Normally the Eur move first , then the GBP follows when the Eur stalls. Did you noticed this?

From experience, this signify , lack of liquidity. So the same monies is moving from one market then to another. Under this circumstances, traders must be careful as the volitility becomes very uneven and manipulation can surface.
Noticed...
... sorry I forgot to separate paragraph
  • #24,254
  • Apr 6, 2011 10:14am Apr 6, 2011 10:14am
Quoting auxesis
I Wonder if everyone understands this?
I wonder also ...

I here to give this old picture, good for understanding.
green E/U
blue G/U
yellow U/Y
Attached Image (click to enlarge)
Click to Enlarge Name: 3kgd.jpg Size: 49 KB
  • #24,255
  • Apr 6, 2011 11:44am Apr 6, 2011 11:44am
Quoting maheswara
euro seems one way , careful if u like playing other side
i was took a hit with AU....


V
  • #24,256
  • Apr 6, 2011 9:18pm Apr 6, 2011 9:18pm
Any word how FTI is doing?
Thanks, Jaro
  • #24,257
  • Apr 7, 2011 1:58am Apr 7, 2011 1:58am
market seems to be waiting for the news... any updates?
  • #24,258
  • Apr 7, 2011 2:25am Apr 7, 2011 2:25am
Quoting indianguyinny24
i was took a hit with AU....


V
i dont understand au much , but the chart seems really strong ... maybe highly pegged to gold ? afterall the country is mining based , also their interest rate is very high , carry trade effect too i think

edit:
ecb forecast on 1.25% today?? anyone got news on this ?
To Live is the rarest thing in the world , Most people exist , that is all
  • #24,259
  • Apr 7, 2011 2:33am Apr 7, 2011 2:33am
Quoting maheswara
i dont understand au much , but the chart seems really strong ... maybe highly pegged to gold ? afterall the country is mining based , also their interest rate is very high , carry trade effect too i think

edit:
ecb forecast on 1.25% today?? anyone got news on this ?
highlighted one was reason....but it seems on one fkng bull run....


V

PS: out for this week...
  • #24,260
  • Apr 7, 2011 2:43am Apr 7, 2011 2:43am
http://www.bloomberg.com/news/2011-0...stors-say.html

once we have centrals varying rates , we ll have a good volatility to play with
To Live is the rarest thing in the world , Most people exist , that is all
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