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Technical Analysis Fallacy

  • #25,441
  • Jun 1, 2011 10:38am Jun 1, 2011 10:38am
Quoting fti
sorry , my end is near.
For yu who not know.
I had heart attack on 15 jan 2010, 2 major arteries blocked, in fact i was expected die then
Miracle doctors saved me.
Now I have 1 more artery block, LV thrombos, diabetes, and internal bleeding.


regards

I do know, yet, energy cannot be created or destroyed... it can only be transformed from one form to another. No need for arteries for energy to exist.

Regards,
V
  • #25,442
  • Jun 1, 2011 11:07am Jun 1, 2011 11:07am
Quoting fti
sorry , my end is near.
For yu who not know.
I had heart attack on 15 jan 2010, 2 major arteries blocked, in fact i was expected die then
Miracle doctors saved me.
Now I have 1 more artery block, LV thrombos, diabetes, and internal bleeding.


regards
Hi Fti,

Please do take care of yourself. Heart disease is a very common problem and I'm afraid that one day I too cannot escape it, mainly due to inherited genes (my dad and all his brothers have undergone bypass/stent).

To those who have come in here and attack this thread, please just go away. The good man has taught me alot and for that I'm entirely grateful. I may not be there yet but I will be eventually.

Thanks Fti for sharing all your knowledge to us.
  • #25,443
  • Jun 1, 2011 2:59pm Jun 1, 2011 2:59pm
I learned lots of wisdom from Fti. Also I watched some basketball coach lecture, who is 60 years old how to be a coach and how to train your players, he also told many wise things. Young people can learn a lot from older generation
  • #25,444
  • Jun 1, 2011 3:23pm Jun 1, 2011 3:23pm
Quoting mijamoto
I learned lots of wisdom from Fti. Also I watched some basketball coach lecture, who is 60 years old how to be a coach and how to train your players, he also told many wise things. Young people can learn a lot from older generation
not be a new thing under the sun but the older generation had time to test it
  • #25,445
  • Jun 1, 2011 3:44pm Jun 1, 2011 3:44pm
Quoting fti
kicking cans , my friend?

regards

PS: nope, but have 1 bottle, but can't drink canada dry anymore.
ok next on the table us Employment. This may confirm it for fp.
But confirmation , I may tp

yep tp here too,
still long some canada dry
  • #25,446
  • Edited 4:42pm Jun 1, 2011 4:24pm | Edited 4:42pm
eu pictures all looking down 3k looking good, approaching possible support...watching.

Also come to my attention that I need more education in money market...along with a lot of other things. Any book suggestions?
  • #25,447
  • Jun 1, 2011 4:50pm Jun 1, 2011 4:50pm
i dont think so much of support and resistance, its more like, capacity, and momentum
AVT INVENIAM VIAM AVT FACIAM
  • #25,448
  • Edited 5:20pm Jun 1, 2011 5:08pm | Edited 5:20pm
I use combo. If approaching previous historical levels that were important, it sends a "heads up" to me to prepare tp some positions if market form and momentum agrees. Like recently there's kind of a V formation when hitting previous low around 1.4310...move feels oversold. Probing for opportunity within pos book parameters at all times

poor greek people...was reading up some macro trends. Used to be they were developed, advantage of cheap debt. Now with downgrade and rumor of leaving EU (just rumor), will be harder and harder to get financing out of the hole. Vicious cycle...
Quoting the redlion
i dont think so much of support and resistance, its more like, capacity, and momentum
  • #25,449
  • Jun 1, 2011 5:23pm Jun 1, 2011 5:23pm
Hello all. Great to hear from you again FTI. I wish good health to you and that you may have the strength to carry on.

Well. China has announced a $500 billion bailout for their local governments, which was owed to their big four banks. So basically another big bank bailout. The manipulator's charade is unravelling. The govt has also permitted local governments to issue bonds in their own name for the first time. It's insane.

Good trading to all
Regards.
  • #25,450
  • Jun 1, 2011 5:35pm Jun 1, 2011 5:35pm
I remember when they mentioned this in feb. Would be interesting to watch

Inserted Video



Quoting dakoo
Hello all. Great to hear from you again FTI. I wish good health to you and that you may have the strength to carry on.

Well. China has announced a $500 billion bailout for their local governments, which was owed to their big four banks. So basically another big bank bailout. The manipulator's charade is unravelling. The govt has also permitted local governments to issue bonds in their own name for the first time. It's insane.

Good trading to all
Regards.
  • #25,451
  • Jun 1, 2011 5:49pm Jun 1, 2011 5:49pm
Quoting tubguy
Interesting that you mention this. I started doing something very similar today. The last 2 weeks have been up and down. Won some and lost more. So today I placed a $0.01 per pip trade and watched price. I then just ask myself "What would you do here? and why?" My mindset has been shot so I see no reason to risk alot of money when I know I'm not right. Still trying to adjust and learn (to quote Fti) "take the punches first and then whack em like theres no tomorrow". I tend to think I am wrong on the direction I entered before it has a chance...
Let loose,after sometime has passed you should be able to regain your focus.
rgds
  • #25,452
  • Jun 1, 2011 6:00pm Jun 1, 2011 6:00pm
Quoting jacson101
Let loose,after sometime has passed you should be able to regain your focus.
rgds
Easy for you to say, you have a ton of experience!

p.s. Need canada dry??? ... can ship you some!
  • #25,453
  • Edited 7:02pm Jun 1, 2011 6:23pm | Edited 7:02pm
Quoting Jaro
Easy for you to say, you have a ton of experience!

p.s. Need canada dry??? ... can ship you some!

Thanks J.
Experience for the moment
I'll pass on the Canada dry right now, thanks for asking.

Looks choppy standing aside maybe frankfurters will make a decision on Greece.
Wondering if the iron lady has a leg out, not mine yet. Lets see what USD bulls can do.
rgds.
  • #25,454
  • Jun 1, 2011 6:43pm Jun 1, 2011 6:43pm
Quoting jacson101
Let loose,after sometime has passed you should be able to regain your focus.
rgds

Thanks for the reply.
Things were looking better today. Looks like I may have been focused on the wrong things.
Not seeing the forest for tree's so to speak.
  • #25,455
  • Jun 1, 2011 7:17pm Jun 1, 2011 7:17pm
huh, seems tornado heading my way. No more eu ride. Please don't come to my town
  • #25,456
  • Jun 1, 2011 7:25pm Jun 1, 2011 7:25pm
Quoting fullperson
huh, seems tornado heading my way. No more eu ride. Please don't come to my town
Prayin for ya man! Be safe.
  • #25,457
  • Edited 9:07pm Jun 1, 2011 7:58pm | Edited 9:07pm
Quoting fti
Also hearing 2nd opinion of my health. 1st honest and unbias opinion from a friend, in medical field. No one else dare tell me . but in fact i already felt.
"i will be very honest with you. i dont believe you will be with us for too long, i can only pray for you."
Thinking all day about this.
I did not know.
I do not know what to say.
Today while driving home,
I thought, "fti is a master trader.
He knows what to do. He will do his best."
There is nothing to say.
all is a trade.
All we can do is
Still ....I am sad."
Empty as water and soft as a facing wind mountain
  • #25,458
  • Jun 1, 2011 8:11pm Jun 1, 2011 8:11pm
Quoting fullperson
I remember when they mentioned this in feb. Would be interesting to watch

http://www.youtube.com/watch?v=8Nu3VkwOIgY
http://www.nytimes.com/2011/06/02/wo...2water.html?hp


A chronic drought is ravaging farmland. The Gobi Desert is inching south. The Yellow River, the so-called birthplace of Chinese civilization, is so polluted it can no longer supply drinking water. The rapid growth of megacities — 22 million people in Beijing and 12 million in Tianjin alone — has drained underground aquifers that took millenniums to fill

  • #25,459
  • Jun 2, 2011 1:12am Jun 2, 2011 1:12am
good morning everybody....
happy pipping everywhere.
  • #25,460
  • Jun 2, 2011 1:59am Jun 2, 2011 1:59am
if I am getting correct u guys trade fundamentals here?
Trade responsiblypatience is the key/Swing trader
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