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Technical Analysis Fallacy

  • #25,301
  • May 29, 2011 3:16pm May 29, 2011 3:16pm
Quoting fullperson
Hopefully ... people will catch my mistakes.
1.mistake

your work = your knowledge (most valuable asset).not you keep a guardian angel always ...
  • #25,302
  • Edited 4:00pm May 29, 2011 3:48pm | Edited 4:00pm
Quoting fti
noted my friend.
Will be wating for them locked and loaded.
Wonder what's happening in the powdering room now. Eight muskeeteers in one small room.
No matter, tom we'll will know.
Also heard panda wants keep her investments valid.
So keeping eyes on the hump. Esp the long yields contango.
You think the 350bsp iron lady targetting,going to do in two years can tame her inflate?

Seem the reactor rods all melted down. Hard times containing this monsters.
Could be anytime soon.
Anyway for me is just another cruise. Will be as nimble as ever, althogh...

yo,yeah the iron lady looks impressive.
250bps seems more realistic, no? 100bps per.
Money seems to be saying the closer to 350 the better.
rgds
  • #25,303
  • Edited 7:41pm May 29, 2011 7:06pm | Edited 7:41pm
Quoting jacson101

yo,yeah the iron lady looks impressive.
250bps seems more realistic, no? 100bps per.
Money seems to be saying the closer to 350 the better.
rgds
Hi jack,
Inclined to think you are correct.
likely 25 bps per quarter.
I believe they not behave like heli.
Suddenly injecting, too strong the medicine.
But with inflation bouncing around 5% is scary.
timing would be critical, huh?

like you said, likely between 250 bps toping max at 3% is acceptable.
Unless the euro, goes bad, around 5% inflation should be cap.
Well , is nice see some interest rates sanity. At least retirees in UK no need eat bread with tomato sauce until they kick the bucket.

regards
  • #25,304
  • May 29, 2011 7:10pm May 29, 2011 7:10pm
Quoting fullperson
I just read over the part where you talked about scalping as pigs, normally taken care of by dealers as I started re-reading thread recently. Also mmakers, I cannot play in their killing fields. ok understood.

My greatest scorpion is immaturity, I always have a big dream and keep chasing it. Sometimes I forget about the small steps. Example: While I've been knocking on doors for a week now, I have not yet found a job for my vacation! I should have been building bases (job experience), while attacking when time permits. Seems time to align my...
fp,
no need get too worried about it.
But just wanted to point you back to basics.

there was quite some discussions on that subject in the early parts of the thread.

regards
  • #25,305
  • Edited 8:17pm May 29, 2011 7:38pm | Edited 8:17pm
Quoting Cobra
obedience with power and privilege, excessive discipline and...

lol mate,

having a bad week ? shorting EUR ??
  • #25,306
  • May 29, 2011 7:47pm May 29, 2011 7:47pm
Quoting fti
Hi jack,
Inclined to think you are correct.
likely 25 bps per quarter.
I believe they not behave like heli.
Suddenly injecting, too strong the medicine.
But with inflation bouncing around 5% is scary.
timing would be critical, huh?

like you said, likely between 250 bps toping max at 3% is acceptable.
Unless the euro, goes bad, around 5% inflation should be cap.
Well , is nice see some interest rates sanity. At least retirees in UK no need eat bread with tomato sauce until they kick the bucket.

regards


Heli. really needs to move,just too much.
Even 25bps, but move.
  • #25,307
  • Edited 8:15pm May 29, 2011 8:00pm | Edited 8:15pm
Quoting jacson101

Heli. really needs to move,just too much.
Even 25bps, but move.
not likely , my friend.
he's net debtor.
enjoying zero cost of funds on usage of OPM.
He probably wish keep rates at negative after banks haircut, until probably 2050, if he can.
any hawkish possibilities, then he's gonna need up taxes, and risk revolution.
Only possibility is unless his pot devalues to the floor.
then maybe he may respond. Don't be too surprised when oil cartel , gold syndicates and the drug lords start dumping the bag in panic.
But not see any signs of that yet.

regards
  • #25,308
  • May 29, 2011 8:02pm May 29, 2011 8:02pm
Hey guys now I am already for weeks on top 10 list in trading competition my faculty organised. I made just around 20% return and first guy made around 230%. Most of my money I made on commodities Otherwise I am sad, taekwondo players kick very hard on competitions plenty of them get hurt. I could have great future in this sport, but I dont like full contact thing. All best
  • #25,309
  • May 29, 2011 8:14pm May 29, 2011 8:14pm
Glad to see some activity on the thread tonight (it's night for me). Just stopping by before doing some chart work before bed. Been reading about the situation in Greece and the latest developments/rumors. Things may get very interesting over the next few weeks and months. I feel bad for the people of Greece, and as this things runs its course, the people in Europe. It may be a pretty hot summer there. God bless you guys and good trading this week. fti, please get some rest.
  • #25,310
  • Edited 8:28pm May 29, 2011 8:18pm | Edited 8:28pm
Quoting GEfx
Glad to see some activity on the thread tonight (it's night for me). Just stopping by before doing some chart work before bed. Been reading about the situation in Greece and the latest developments/rumors. Things may get very interesting over the next few weeks and months. I feel bad for the people of Greece, and as this things runs its course, the people in Europe. It may be a pretty hot summer there. God bless you guys and good trading this week. fti, please get some rest.
hey GE,
I am not too worried.
Panda is already on the ball on that one.
Funny thought came to me. chinese port in eu?
I think they invented the term for that already la "free trade zone". One country many systems.
nothing new, had been in existence since the Qing dynasty.

yers my friend, i think i will take a morning nap.


regards
  • #25,311
  • May 29, 2011 9:57pm May 29, 2011 9:57pm
one quick concern though, if in 5mins and mistimed, rescue could take a while, especially if waiting for main daily trend to enforce.
  • #25,312
  • May 29, 2011 10:14pm May 29, 2011 10:14pm
morning morning fti sir!
great to see you are here. and happy to see you are in high spirit. wish you are getting better everyday!
learned a few things by your new posts. thanks.
my best regards.
sakatalight

ps i am keeping on practising, can see your teachings clearer now. but still at the beginning of a long road.
  • #25,313
  • May 29, 2011 10:22pm May 29, 2011 10:22pm
hi Gro,
thx for the tip about the ignore button.
regards
  • #25,314
  • May 29, 2011 11:29pm May 29, 2011 11:29pm
Quoting sakatalight
hi Gro,
thx for the tip about the ignore button.
regards
if everybody would put the disruptors on ignore list as I do, they would die naturally.
  • #25,315
  • May 29, 2011 11:46pm May 29, 2011 11:46pm
Quoting piccolo
if everybody would put the disruptors on ignore list as I do, they would die naturally.
done long time ago!
Success consists of going from failure to failure without loss of enthusiam
  • #25,316
  • May 30, 2011 1:16am May 30, 2011 1:16am
example of recent long rescue after switching to 5min scope, takes many hours. Reason I stayed short was because the impulse move was very irregular and lacked the normal tempo of an actual trend. I was tricked by what I thought was a top, so I sent my second rescue lot. The second rescue lot caught the top.

hmm...I should have closed my first short position early. Old man story, hope can be killer.
Attached Image (click to enlarge)
Click to Enlarge Name: 5min rescue.gif Size: 42 KB
  • #25,317
  • May 30, 2011 1:58am May 30, 2011 1:58am
Quoting fullperson
example of recent long rescue after switching to 5min scope, takes many hours. Reason I stayed short was because the impulse move was very irregular and lacked the normal tempo of an actual trend. I was tricked by what I thought was a top, so I sent my second rescue lot. The second rescue lot caught the top.

hmm...I should have closed my first short position early. Old man story, hope can be killer.
Hi William. It looks easy, but it is not... You should find out self what you made and why. Somebody wanted your money and let your brain working like they wanted.
  • #25,318
  • May 30, 2011 2:11am May 30, 2011 2:11am
never said it was easy
  • #25,319
  • May 30, 2011 2:16am May 30, 2011 2:16am
Quoting fullperson
never said it was easy
I was thinking of that you should be aware of who and how will answer your question.
the same people who can easily tell you about the mistake from being still short, despite it was going north... Should be capture there too... You should not be kid enough. You have the info and skills. use it!
- you should already earn some money, send them to the bank and spend them! I highly recommend:-). Regards
  • #25,320
  • Edited 3:22am May 30, 2011 2:31am | Edited 3:22am
Quoting piccolo
if everybody would put the disruptors on ignore list as I do, they would die naturally.
piccolo,
yes, for users thats true.
For me , the only reason i started the thread was to try to help show my way.
So locking people out is a non option for me. These the people really need the help. Just that sometimes , it impossible get pass their ego.
The reason why thread was placed in open for all, instead of lounge was also because i hoped that people who was looking for help could find & access it easily and also post. No matter if you are 10v trader or 0v trader.


Unfortunately, my current state makes very difficult for me spar the crazies find their sane minds. So i just try do what i can.

But the recent spate of attacks are not from peeps who wants to learn or discuss anything, Is multiple character assasins trying to destroy thread. They came with purpose and premeditated plans to confuse and disrupt.
It can only be from vested interest who's business interest may be affected by us. Or could be from what i said about the broking community recently.
To me i have no fear of such interest. I have seen more powerful in my lifetime. But it may be distractive to some.

So i will only take their voice off, here, only as last resort, to bring you peace to explore your learnings.

regards
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