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Technical Analysis Fallacy

  • #25,321
  • May 30, 2011 2:39am May 30, 2011 2:39am
Quoting fti
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 it easily.

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...
Hi Fti. Good to see you back.
  • #25,322
  • Edited 3:15am May 30, 2011 2:41am | Edited 3:15am
GERMANY SAYS NO TO NUCLEAR POWER, HALT TO REACTORS BY 2022

http://www.agi.it/english-version/wo...actors_by_2022

see people can become sane and see thru deceptions.
Now at least some people stop building ticking bombs in their back yard.
The Japs are learning their lesson now.
There no savings from cheap energy thats worth killing themselves over.
Not everything thats cheap is good for living. Sometime choose cheap ends up paying more for it. In my opinion this one of them.

In nagasaki, us gave them the flares stop them at their tracks. now they biuld these on their own backyard. 1 incident alsredy cost them so much. God forbid , if all of them accidentally pooped due to whatever reasons. The whole earth is goner. Just try picture if that way ramed on 911 was not buildings of people, but nuclear facilities. Is dangerus play with things beyond humans ability to control.


regards
  • #25,323
  • May 30, 2011 2:44am May 30, 2011 2:44am
hi FTI, i've been studying the thread and taking notes still.

right now im practicing on feeling the dance, and my abc pattern is working great , my scout is impecable, always in the green, no trade needs rescue so far.

however im still not able to escalate the attack, but as you said, i need not get ahead of myself, feeling the rhythm, ongoing analysis, and flexibility.
that is what im practicing, and you are completely right. best to chose a direction, of course one attempts the right one, but even so, focusing on the timing of the scout in one direction is profitable none the less.

i feel like i'm matching the opponent nicely in this dance of war
AVT INVENIAM VIAM AVT FACIAM
  • #25,324
  • Edited 3:09am May 30, 2011 2:54am | Edited 3:09am
Quoting the redlion
hi FTI, i've been studying the thread and taking notes still.

right now im practicing on feeling the dance, and my abc pattern is working great , my scout is impecable, always in the green, no trade needs rescue so far.

however im still not able to escalate the attack, but as you said, i need not get ahead of myself, feeling the rhythm, ongoing analysis, and flexibility.
that is what im practicing, and you are completely right....
beep
wrong
never be too smart. tame that ego.
Do not choose anything, yield.
Just flow. And don't try squeeze more than markets will give.
Just take what ever she gives and be thankful.
Professionals are moving the market in 10's of millions evry other seconds.
You are just little ants.
Be humble.
Some big hands can skew positions so far reaching, like whats happening in the usd/yen that defys all logic.
so try be humble and be safe. No fight with own ego, fight the market battles.Do all you can, learn to win.
Don't be foolish and try block tsunamis. I will need tell you about noah ark to explain that. But i not want to break the rules here.

regards
  • #25,325
  • May 30, 2011 3:06am May 30, 2011 3:06am
i will tame the ego sir. just exciting, but i am aware that the market can chew me up and spit me out in no time if i get to comfortable (abc pattern is not really anything rigid is just my observation tool, acceleration, loss of momentum, correction and again loss of momentum acceleration loss of momentum, correction, like a flow in the ocean,)
AVT INVENIAM VIAM AVT FACIAM
  • #25,326
  • Edited 3:46am May 30, 2011 3:10am | Edited 3:46am
Quoting the redlion
i will tame the ego sir. just exciting, but i am aware that the market can chew me up and spit me out in no time if i get to comfortable (abc pattern is not really anything rigid is just my observation tool, acceleration, loss of momentum, correction and again loss of momentum acceleration loss of momentum, correction, like a flow in the ocean,)
ok. I not talking about that.
Just about your statement " Choose I direction"
thats wrong mindset
Stay with the trend,in markets, that's your only friend.

and also try not be like the Johnny be lately lagger boys.
price levels means nothing, only what she is doing.
sorry , its time, i need rest again.

regards
  • #25,327
  • Edited 3:57am May 30, 2011 3:40am | Edited 3:57am
hey guys, was re-reading fti's dance sessions when came across this. I think is insight into use of time window and dow theory. If anyone has insight into this, would be appreciated. Post 6127

-my analysis: don't catch shooting stars, if large position and cannot manage cut out. If manageable and trend still in your position, then maybe ok to attempt rescue if volatility is in your favor. Important to check volatility, to make sure that the previous impulse can be corrected. Seems using some rigid formula? I try not to speculate anymore...just focus on volatility from bare charts
-dow theory, makes sense. In up trend, waves should be higher higher. When start to congest, waves lack directional up or down...Correct?



Quoting fti
The worst thing in trading is adding to bad positions.( So you never rescue until you can determine that the rescue is done, not on the impulse wave)
When a position is bad, you must always be on defensive if you are to add to the existing position. First and foremost you should never add to a market thats cutting into the bleeding. ( the maxim is that you never catch falling knifes and shooting rockets).When an opportunity to add surfaces within a time windows of within x bars of last position, it is doing so out of window, ie if this opportunity...
  • #25,328
  • Edited 7:20am May 30, 2011 6:21am | Edited 7:20am
Quoting fti
no need talk in private.
What you want say can say here.
i am sick but i am not dead.

I spent few years to try to push the door ajar for those who want to understand. Yes, it is that serious. By my honour, when i still breath no serpents will be allowed disrupt thread. They are not here learn or understand anything. They are here due to fear and is out to cause distraction only. Anyway their ego will be their ultimate demise. But they are not allowed do this thread any damage.

regards
'm not an active member of this thread, but I'm very sad as I read the posts that attack the person FTI and his teachings. Many profited from the teachings of this thread. I am learning still. Add nothing to the thread, but maybe someday .. FTI Thank you!

I hope that the FTI can handle and it will not affect his health.

RGS
  • #25,329
  • May 30, 2011 6:33am May 30, 2011 6:33am
Quoting fullperson
hey guys, was re-reading fti's dance sessions when came across this. I think is insight into use of time window and dow theory. If anyone has insight into this, would be appreciated. Post 6127

-my analysis: don't catch shooting stars, if large position and cannot manage cut out. If manageable and trend still in your position, then maybe ok to attempt rescue if volatility is in your favor. Important to check volatility, to make sure that the previous impulse can be corrected. Seems using some rigid formula? I try not to speculate anymore...just...
i dont know if my answer will be good for you, but this is what works for me so far.

i keep in mind the daily TR, to read volatility, usually my charts are set up for me to see the daily candle as it unfolds. the open price of the day for reference to get a read of the direction, and the range of every day,

i usually use a split screen with hourly for measurement and 5 minute to trade off of. i think FTI mis understood me when i say i decide direction, what i mean is i trade in the direction of the daily trend, but always keeping in mind the market form. although i havent moved in to rescued mode lately, after a move against my position, i await the exhaustion of price signaled by decreased momentum.

i calculate what is a safe rescue operation, according to how far the leg has traveled from my position. i try to make it quick and safe, keep in mind 1:3 is usually 30% retrace to b/e.

but i like to be flexible always keeping in mind my pain threshold and making sure that i can have sufficient resources for a subsequent rescue. timing is greatly important. that is why im currently working on timing with my scout and my observation tool.

you cant have your average basis to far away from market because then it turns to hope, example if i try to use a rigid 1 3 9 sequence,

depending on how far price traveled, lets say i let it go 100 pips away, d/t market condition, now i need a 30 pip retrace.

the problem is it all depends on what is going on at the moment.
AVT INVENIAM VIAM AVT FACIAM
  • #25,330
  • Edited 7:25am May 30, 2011 7:05am | Edited 7:25am
Hi,
Recently returned about scalping.
This may be useful for someone ...
I use this method on two monitors (ticks - 48secs)
to feel the movement of the smaller TF ...
I use sequences of 112 and sometimes higher.
The third monitor 1min - D1 analyze the context of the market ...
On the monitors, watching the three kingdoms, and gold.

A lot of profit for all
RGS
  • #25,331
  • Edited 9:18am May 30, 2011 7:06am | Edited 9:18am
Quoting fti
GERMANY SAYS NO TO NUCLEAR POWER, HALT TO REACTORS BY 2022

http://www.agi.it/english-version/wo...actors_by_2022

see people can become sane and see thru deceptions.
Now at least some people stop building ticking bombs in their back yard.
The Japs are learning their lesson now.
There no savings from cheap energy thats worth killing themselves over.
Not everything thats cheap is good for living. Sometime choose cheap ends up paying more for it. In...

yeah interesting, goes without saying the feel of sorrow for the Japanese.
I think einstein said, or maybe I'm paraphrasing, but using nukes to boil some water just seems awfully technical.

Regards, rgds all.

edit: sorrow for everyone affected not only Japanese.
  • #25,332
  • May 30, 2011 8:58am May 30, 2011 8:58am
Quoting piccolo
if everybody would put the disruptors on ignore list as I do, they would die naturally.

hi piccolo,
let's do that next time the water we don't drink shows up( borrowed from a friend here).
pip well
regards
  • #25,333
  • Edited 11:16am May 30, 2011 10:23am | Edited 11:16am
http://online.wsj.com/article/BT-CO-...30-704009.html

French Energy Minister Sees Higher German Power Prices, Pollution
PARIS (Dow Jones)--French Energy Minister Eric Besson on Monday criticized Germany................

see?
the uncaring people.
How can such heartless people get to be leaders.
they will make all sorts deception, until peeps decides build the fussion facilities next to their homes.

Surely the peeps take that decision to protect their homes.
Yes higher energy cost.
So what.
Better than have to spend trillion managing damage control, if that monster poops.
Better to spend the trillions find alternative safe, natural, and God given,power sources.
He forgets that any eventualities, the bio degrading process going take 100s of years.
And the damage to mother earth , the ground that sustains their life, may never fully recover.
All i have to say to such minds is selfish and abusive. Abosolutely selfish, lets built the fusion reactors next to his home. better still, in his house.
Thats why is necessary teach our children well.
Otherwise you see the results?

If i told you that you have a bomb in your house, any sane persons will run away fast, get the bomb squards defuse it. And the poor braves need risk life and limbs , neutralise the situation.
And this peeps want build boms than can wipe out most of humanity and place them everywhere, under the assumption that they will not detonate. What decieved minds.Egor egor egor.

Can't people see it? the japs they have limited resources, thought this energy source can help them compete for a great economy for better living. See whats happening? Are they now better off? The people living better now?
Don't give children loaded guns to play with..!!

Ai ya, back to bed. No eyes see these evils.


regards
  • #25,334
  • May 30, 2011 11:35am May 30, 2011 11:35am
oh sharks !
becareful the euro now.
  • #25,335
  • May 30, 2011 11:42am May 30, 2011 11:42am
oh sharks !
becareful the euro now.

is ny hoilday, so be careful.

seems

"epidemic outbreak in Germany of the acute intestinal infection caused by Enterohaemorrhagic E. coli (EHEC)"

not know situation yet.


MOSCOW — Russia on Monday banned the import of all vegetables from Germany and Spain and warned the sanction could soon be applied to the rest of Europe because of the deadly E. coli bacteria scare.

Any one in europe have info on this?
Whats the situation in europe please?

in the coming hours, a decision may be taken to ban the import to or sale in Russia of vegetables produced in all EU countries," the Russian statement said.
  • #25,336
  • May 30, 2011 11:45am May 30, 2011 11:45am
Quoting fti
oh sharks !
becareful the euro now.

is ny hoilday, so be careful.

seems

"epidemic outbreak in Germany of the acute intestinal infection caused by Enterohaemorrhagic E. coli (EHEC)"

not know situation yet.
:-). Hi Fti. I am done for today. It wasnt good idea imo to get in... Slow range and i was too big in there... Success, but ugly and tired from that range... so slow...ah.... next time i wont trade holidays.... now i wonder why i did such mistake..
  • #25,337
  • May 30, 2011 11:52am May 30, 2011 11:52am
Quoting fti
oh sharks !
becareful the euro now.
hi to low today only 64pips...

e/u .43.48 - .42.02...
I'm waiting ... .42.77...
You should now be down...
What do "sharks"?
  • #25,338
  • May 30, 2011 12:01pm May 30, 2011 12:01pm
we are killing.. (e/u).
True or false?
U.S. dollar strengthens in the land of the Three Kingdoms ...
formation is formed up .8123 - .8150 ...
I'm waiting for confirmation ...
  • #25,339
  • May 30, 2011 12:06pm May 30, 2011 12:06pm
Quoting gart
hi to low today only 64pips...

e/u .43.48 - .42.02...
I'm waiting ... .42.77...
You should now be down...
What do "sharks"?
Oh , is just expression.
i begining hate all these invisible dangers to human life.
We playing too much with all the microbes and invisible forces.

regards
  • #25,340
  • May 30, 2011 12:09pm May 30, 2011 12:09pm
unfortunately ...
I have a problem with one ISP ... Dukascopy monitors ...
but I have a preview of the ... MT4 FxPro
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