Technical Analysis Fallacy | Page 1297 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Ultimate Fallacy in Technical Analysis 99 replies

"Technical Analysis Fallacy" thread people, I need your help 54 replies

Technical Analysis Fallacy Redux 23 replies

Statistical analysis fallacy 33 replies

Attachments: Technical Analysis Fallacy
Exit Attachments

Technical Analysis Fallacy

  • #25,921
  • Edited 11:39pm Jun 14, 2011 11:29pm | Edited 11:39pm
Quoting Jaro
Hi Fti!
Can you elaborate please!
Thanks
Ai ya, draw picture also need draw intestines.
OK. what panda doing?
they diversifying their economic growth.
moving from usd based bond foreign reserves to europe.
have vested interested in greece, even invested heavily in greece port.

what john wants to do?
defend the usd
already clear he positioning sell euro as he mention in public.

So panda is goinfg sit on her hands and let him trash the euro?
We will see.
regards

Inserted Video


when the giant elephants fight, ants must not stand in the middle unless you are atom ant hor.
  • #25,922
  • Jun 14, 2011 11:30pm Jun 14, 2011 11:30pm
You may not remember when you first struggled to learn how to trade, but for me it's like it was only yesterday or is that tomorrow!

I'm thinking how everything we have learnt from life up to that point develops are thinking in a way that is the exact opposite of how we should think to be a good trader.

No doubt the reverse is equally true.
Good Trading
  • #25,923
  • Jun 14, 2011 11:31pm Jun 14, 2011 11:31pm
Quoting fti
Ai ya, draw picture also need draw intestines.
OK. what pand doing?
they diversifying their economic growth.
moving from usd based bond foreign reserves to europe.
have vested interested in greece, even invested heavily in greece port.

what john wants to do?
defend the usd
already clear he positioning sell euro as he mention in public.

So panda is goinfg sit on her hands and let him trash the euro?
We will see.
regards
thanks chief! good points to ponder

cheers!
Success consists of going from failure to failure without loss of enthusiam
  • #25,924
  • Jun 14, 2011 11:45pm Jun 14, 2011 11:45pm
Quoting dongsky
thanks chief! good points to ponder

cheers!
no rigidity please, dongsky, flow.
When in doubt, aside is a position.
No one should move until someone draws.
Good time learn duck bullets.
Be extremely alert, no bullets are friendly. Bullets have no eyes.


regards
  • #25,925
  • Jun 14, 2011 11:58pm Jun 14, 2011 11:58pm
Quoting fti
no rigidity please, dongsky, flow.
When in doubt, aside is a position.
No one should move until someone draws.
Good time learn duck bullets.
Be extremely alert, no bullets are friendly. Bullets have no eyes.


regards
copy on that chief... appreciate very much... i am getting ready my full metal jacket... and picked my best scouts for deployment ... buffered with heaps of ammo... to go with flow...

all the best,
Success consists of going from failure to failure without loss of enthusiam
  • #25,926
  • Jun 15, 2011 12:04am Jun 15, 2011 12:04am
Quoting dongsky
copy on that chief... appreciate very much... i am getting ready my full metal jacket... and picked my best scouts for deployment ... buffered with heaps of ammo... to go with flow...

all the best,
Watch out, your scout will not swim!
  • #25,927
  • Jun 15, 2011 12:14am Jun 15, 2011 12:14am
Quoting leighsww
LOL, yes I think you might have misread, I certainly did not intend for him to "physically" go to her/them, my dear. When I said make "call," I meant make "phone call" to have her/them visit him..
no worries ma'm,
i didnt misread.
my post was not a disagreement to yours, more like an addendum
Quoting fti
Ai Ya, people sometimes just cannot understand.
OK time for another lesson.
Try this.
Go find your favourite vase.Sit admire it for the last time.
then throw it on the floor gently...
must be really complicated than it really is.
i just thought that drastic situations need transcending actions on each camp.
anyway, just trying to help. i will comment no further

Quoting fti
the next couple of weeks will be very trying times in the markets.
watch out for John and if there is opposing force will be a fight.
I suspect panda 's interest may be disturbed. So be absolutely nimble.
Big boys fight you not be rigid.
thanks for the warning, Sir
Quoting Jaro
Watch out, your scout will not swim!
he forgot to tell u he has mega turbines
  • #25,928
  • Jun 15, 2011 12:16am Jun 15, 2011 12:16am
Quoting Jaro
Watch out, your scout will not swim!
ya ya
even with bullet proof vest , taking a hit will still put you out of action.
so learn duck bullets.

regards
  • #25,929
  • Jun 15, 2011 12:18am Jun 15, 2011 12:18am
Thanks chief for explanation.
  • #25,930
  • Jun 15, 2011 1:32am Jun 15, 2011 1:32am
no, women and their feminism always find supposed males that apologize for their penis

but , this world is still ruled by men, most dr, architects, engineers etc are all men (women have gained some ground but not nearly as many)

Jesse livermore, Gann, Wilders, Soros, Buffet,elliot, dow even our friend fti are all women i suppose
AVT INVENIAM VIAM AVT FACIAM
  • #25,931
  • Jun 15, 2011 1:38am Jun 15, 2011 1:38am
Quoting fti
[...]
when the giant elephants fight, ants must not stand in the middle unless you are atom ant hor.
Good Morning fti,

thanx for your explanations.
Just can't withstand to reply to your last sentence:

But don't forget about the NLF (=Nimble Little Flea) on their back



Have to say it is always a really good start into my trading day, when I see some postings from you.

All the best!
Niels
  • #25,932
  • Jun 15, 2011 2:03am Jun 15, 2011 2:03am
ahh the girl leads-she can be quiet, wild, momentum may suddenly stop and dance continue at slower pace or even faster. Sometimes no dancing, just want to tease. But when tensions builds and she shows hand, how great a feeling it is to follow her! Listening to this piece is like listening to legs unfold, range bound, quiet laziness, solid passionate bottoms and tops, increasing vol ect. If flow of music were mkt, would be very careful to stay nimble.

Wonderful piece with wonderful flow. Must watch carefully the moods, no predicting. Also forgot mention skews. When girl is dancing placid v passionately, should follow her with appropriate speed.

In reply to women being better investors..possibly. They do not have ego of having to lead the dance. They are more nimble in following.

Inserted Video
  • #25,933
  • Jun 15, 2011 2:10am Jun 15, 2011 2:10am
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_50 Secs_trfx.png Size: 69 KB


e/u
112 as scout

sequences:

224
448
8816
161632

Good trading all
RGS
  • #25,934
  • Jun 15, 2011 2:29am Jun 15, 2011 2:29am
I read this thread and practiced for a long time. Today I sent money to my broker and registered as a member here. Before placing my first live trade, I want to say "Thank you, fti !".
Angels will accompany you along your recovery!
  • #25,935
  • Jun 15, 2011 3:11am Jun 15, 2011 3:11am
Quoting gart
Attachment

e/u
112 as scout

sequences:

224
448
8816
161632

Good trading all
RGS

Wow Gart, Incredibly amazing. What is the TF on that chart, 5M?
  • #25,936
  • Edited 5:35am Jun 15, 2011 3:49am | Edited 5:35am
Quoting Jok
Wow Gart, Incredibly amazing. What is the TF on that chart, 5M?
chart 50secs...

But you read this thread with an understanding ...
FTI is a very good teacher ...
  • #25,937
  • Edited 4:16am Jun 15, 2011 3:52am | Edited 4:16am
why did you keep shorting when price moving up? Price went up 22 pips during that time...can you justify deploying that kind of skew in that one area? "don't waste all your ammo in one spot". You will end up with clustered skews.

Why send in a scout at 1.4413? I see no convincing move there. If anything it would be something I would watch for hints. Did you predict a resistance? If so, why not cut loose position when the market pushed up against you (did you have reason to believe that short was going to happen or did hope kick in?) 1.4423 w/ possible head and shoulders would have been a safer spot or 1.4416.

Trend looks like up before, did your dance dictate a strong enough reason to drop a short scout? Perhaps if you had been long, you would have tp around 1.4423 and looked for an opportunity to join in on south party if dance says so. It really just seems like you are trading bar to bar, missing the compound patterns and patience for things to unfold...In fact, if dancing was good, your rescues would have been timed better and definitely not that close. You must wait for an opening (not just momentum) to rescue. If just chasing momentum w/o good set up, then you are catching knives or shooting stars.


all questions I tend to think of.

btw I think we are missing something. Being nimble does mean being fast, but not time wise. It means being flexible in our dance and strategy and skews ect to sync w/ the ladies. Going faster and faster time-wise just brings us closer to a battlefield that we may not be able to win...In fact I feel that it may encourage over trading as well as impatience and an urge to squeeze blood from stone. Once you make the trade, you are in line of fire. So unless you have a death wish make sure your scout and especially rescues are in good position. If only 25ish pip range, then mkt is quiet, best wait for optimum terrain. On 5 min I would have been short 1.4412.

oops, looked at chart, yes, long down trend so short appropriate. However market was thin, would have been best to wait for clearer signs like the weak m top.

With all due respect of course.

Quoting gart
Attachment

e/u
112 as scout

sequences:

224
448
8816
161632

Good trading all
RGS
  • #25,938
  • Jun 15, 2011 4:58am Jun 15, 2011 4:58am
Quoting fti
Angel Francesco called.(the angel who saved me at the bank)
He wants me meet his doctor.
he had 2 heart attacks and now still can run.
Maybe more miracles, never can tell.
But he is so kind and caring.
God bless him.
Empty as water and soft as a facing wind mountain
  • #25,939
  • Jun 15, 2011 5:06am Jun 15, 2011 5:06am
Fullperson,

I just finished trading and replay.

I work at a very low TF ... seconds ... But I analyze the market in higher TF ...
My style is not strictly FTI style. I have referred to personality ...
Still perfecting as a trader by using my personality.
What shall FTI is the best I ever learned about FX.

My screens are just to show how I use the scout and sequences ...
If someone is more bother than it helps to stop doing it. I respect this thread and members.

Am I a scalper? It depends on the situation ...
sometimes it is 6 pips and sometimes 30 ..
this way, successively increaseth capital ...


Hmm .. You can take it wrong, but only after the transaction I see what I did ...
We attach great attention to intuition and what I see, and I do not think it will ...
Besides working on the second TF is very fast and can be effective, provided that you know
what you are doing and you already have some experience
I like it ...
Of course, I always remember a good MM.

Probably not replied to your post.
That's because I do not want to start a discussion about my investment strategy.
No it is not the place and time ...

Of course, with all due respect
RGS

Attached Image
  • #25,940
  • Edited 7:33am Jun 15, 2011 7:02am | Edited 7:33am
Quoting aapkae
are women really better investors then men?

http://www.forexsq.com/finance/bette...omen-than-men/
Is very wierd way to think. Alike men they have many personalities.
To my understanding there is major difference between lillith and eve. Same as there is much difference between cain and Abel or Seth.

Its those that are rigid, due to education or upbringing from rigid backgrounds that may not do so well trading, mostly cause is by personality complexes.

Unfortunately in my years in the field, only seen few that had excelled. But i feel is not a gender issue, more of education and molding. Just look at them carefully, there are those that struggle and hold loyalty in most difficult circumstances and those that become wild and rigid, burn bras and fight everyman they see, due to that they take men as enemies, and when put them in a room with like they take same issue with that of their own gender.

But the qualities, of them that are loving,nimble, resourceful and ability to weather under harshes terrains , these excels, just like any men of same persona.

The article you linked is just is just comments from "hell have no fury" type. Men are very naughty creatures just lijke women , when neglected, will exercise alternatives, when opportunities presents. And men have much difficulty reading woman mostly. Sometimes cannot tell if the woman is being naughty or is trying to sneeze.

So gender is none issue, is their mindset due to background personality complexes and education. Caste system of gender. race or religion by generaling is surely wrong mindset. Its always alpha type males or females tend to rise to top, due to their energys and determination, but these can be very nimble and can mutate to be very rigid. And that factor determines possibilities or odds of continuity of their success.

regards
17 traders viewing now