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Technical Analysis Fallacy

  • #26,601
  • Edited 12:48am Jul 22, 2011 12:37am | Edited 12:48am
Quoting fti
Hi Gefx,
thanks for postings , butthse articles have no credibility at all.

i quote you from the articles what i mean.

cnbc.com/id/43836477
Bank Levy Plan Dropped From Greek Bailout

"The decision follows talks between German Chancellor Angela Merkel and French President Nicolas Sarkozy on Wednesday, when they said they had struck a deal on a new package for Athens, but did not release any details."

Not even need read further. if they want privates , let it be privates, I also no interest in their privates. Is like woman comes an...
Hi Fti. Very interesting... thank you for posting. regards

- and this is imo the story abou EUR currency... The most interesting documentary film ever! I recommend to see!!!
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Datlov is Trichet, Akimov is Sarkoza and Toptunov... Angela merkel...
  • #26,602
  • Jul 22, 2011 12:41am Jul 22, 2011 12:41am
Quoting fti
bear?
ai ya, they may gallotine me or send me to nuremberg.
just guess la.
Haven't you been folowing the postings?
Why do you want to know why?
more of this trash is going come at us, in coming days.

Its not theirs to reason why,
But have the guts to do or die,
What can we do, just flow with their lies.


regards
Thanks fti, now I know why...
  • #26,603
  • Jul 22, 2011 1:05am Jul 22, 2011 1:05am
good morning everyone,

so they did enjoy flagging the dead donkey in stealth mode but yes no credibility at all.....what is leaked to market is only soothing effect...may not take long....got an understanding that panda not in position to afford high euro.

but whatever they do....i got to use my slingshot.....for lnf (little nimble fella), this one is borrowed from MaMood, there is always an opportunity.

and yes will carry no baby to weekend.

Bert
  • #26,604
  • Jul 22, 2011 1:28am Jul 22, 2011 1:28am
Quoting cuthbert
good morning everyone,

so they did enjoy flagging the dead donkey in stealth mode but yes no credibility at all.....what is leaked to market is only soothing effect...may not take long....got an understanding that panda not in position to afford high euro.

but whatever they do....i got to use my slingshot.....for lnf (little nimble fella), this one is borrowed from MaMood, there is always an opportunity.

and yes will carry no baby to weekend.

Bert
Yes yes... first is to protect a capital and hedge the value ...
  • #26,605
  • Edited 3:47am Jul 22, 2011 1:29am | Edited 3:47am
Quoting Fana
Hi Fti. Very interesting... thank you for posting. regards

- and this is imo the story abou EUR currency... The most interesting documentary film ever! I recommend to see!!!
http://www.youtube.com/watch?v=uoEgkGNO-sQ

Datlov is Trichet, Akimov is Sarkoza and Toptunov... Angela merkel...
nothing so serious.
So what if , everyone loses 50 cents of their NTA.
they just dancing to the electoral crowds.
they'll find other ways make other careers.
the Euro probably outlast their careers. How long they'll be in office already?

when the shit hits the fan, the rich and powerful evil, will find otherways squeeze the mula out of the masses again with their monopolistic industries. That the nature of humanity, nothing new. Now the opportunity are even more, more hungry slaves, masses of them. used to be had to force slavery, now is willing slaves.

regards

Inserted Video


my favourite version of the song.
Inserted Video
  • #26,606
  • Jul 22, 2011 1:35am Jul 22, 2011 1:35am
Quoting fti
nothing so serious.
So what if , everyone loses 50 cents of their NTA.
they just dancing to the electoral crowds.
they'll find other ways make other careers.
the Euro probably outlast their careers. How long they'll be in office already?

when the shit hits the fan, the rich and powerful evil, will find otherways squeeze the mula out of the masses again with their monopolistic industries. That the nature of humanity, nothing new. Now the opportunity are even more, more hungry slaves, masses of them.

regards
The Euro-creators and defenders must have very big balls... this situation ... uh..
  • #26,607
  • Jul 22, 2011 1:44am Jul 22, 2011 1:44am
Quoting Fana
The Euro-creators and defenders must have very big balls... this situation ... uh..
or no balls at all
  • #26,608
  • Jul 22, 2011 1:49am Jul 22, 2011 1:49am
i have been very busy lately and have not have much chance to post or trade. but i have been looking at news and catching up on current events.

my take on things is the Euro and the Usd will continue to titer totter from one event to the next. the new aid package talks have boosted demand for the euro, also helped by the revised economic news from the US and the talk of default, not raising the debt ceiling.

i think fti is got it right, the AUD offers high yields and relatively stable except for the occasional gold manipulation, raising margin requirements banning US citizens from trading gold which temporarily boosted USD value, the selling of open market oil reserves and what not.

seems that market regulations and manipulations is what the US gov has been using lately to keep afloat and continue with low yields, housing going bust still.

what a mess.
now lets trade before the US bans that.
AVT INVENIAM VIAM AVT FACIAM
  • #26,609
  • Jul 22, 2011 1:56am Jul 22, 2011 1:56am
Quoting cuthbert
or no balls at all
At least we have Strauss Kahn
  • #26,610
  • Jul 22, 2011 2:59am Jul 22, 2011 2:59am
Quoting fti
To me Euro loses all soverienty as currency.It represents nothing and no one. I will use it, but i will not keep it. It has no store of value.
the people who owes it threatens default.
the people manages it hide in privates.

no no, i'll take silver or gold
, this paper has no value.


USD?...eeer , at this interest rates?? maybe not.
maybe aud and NZ is doing fine and dandy.
Fti, do you believe that the current situation will poorly affect the EUR/USD as a trading vehicle? Besides form temporally low liquidity
  • #26,611
  • Edited 4:59am Jul 22, 2011 4:00am | Edited 4:59am
Quoting tricello
Fti, do you believe that the current situation will poorly affect the EUR/USD as a trading vehicle? Besides form temporally low liquidity
i don't know.
What's the alternatives?
Gold dinah, CNY?
need find something thats widely distributed and widely acceptable and easily exchangable ,with characteristics of store of value.

Minor currencies and exotics currencies markets are too small facilitate international trade.

So for now is the majors currencies , Gold and silver. And all these are blatantly manipulated. Its human nature.Anything has value , it gets screwed by unscruples peeps.
All these possesses the characteristics , except that now they no longer stores of value due to mismanagers and "stupid" laws.I still pondering how the population can allow their leaders make stupid laws. But of course it happens. Even sg allows legalised prostitution. So what can i say, its the peoples's laws. People decide what's value. And we know, jesus already said clearly, we know the fruits of the tree that bears it. No good trees bear bad fruits, and no bad tree can bear good fruits.You don't see all the population of sg abandon it, neither will the peeps abandon the euro, just because they begin be dishonourable. But surely there will be a price to pay for all this. We shall see.

regards

in fact, the Euro is a replacement currency of the Deutschemarks. It carrys traditional price MO and character. Even in price spreads. Only that the core structure of the Euro is in flux and many other lesser currencies are riding piggy back on it. I suspect that as we troddle long, no one will know whose it is. Everyone is in.
  • #26,612
  • Jul 22, 2011 5:02am Jul 22, 2011 5:02am
From Brett Steenbarger, “The Daily Trading Coach, 101 Lessons for becoming your own trading psychologist”
Thank you Mamood for recommending the book.

Lesson 34: Set Effective Goals (Quote in blue)

“Notice that I am defining goals in a process sense, rather than as absolute outcomes. This is very important. Many traders think of such goals as making a million dollars or being able to trade for a living. These outcome goals may be motivating, and definitely have their place, but they do not focus a trader on what she needs to do today and tomorrow to become better. Trader on a short time frame do not have full control over their outcomes: a trader can make good decisions, placing all odds in their favor, only to lose money when markets behave in an anomalous fashion. What traders can control is the process of trading: how they make and implement decisions. The most effective daily goals emphasize trading well, not making oodles of money.
------------
Effective goals target effective trading practices that break trading down to component skills and then set targets for these, one at a time.
------------
The best goals are ones you can work on every day for a number of weeks.
-------------
Coaching Cue
Make it a point to know successful traders who have had plenty of market experience. Many times you van form effective goals by simply trying to emulate their best trading qualities.”

Steenbarger said in another lesson trading is stressful because we are engaged in something (the market) we have no control over. We have control over how we trade (process), fti said often it is not about whether we are right or wrong, it’s about strategizing in response to PA. AOW says victory lies in the hand of the enemy, to ensure ourselves against defeat lies in our own hands. Although we have no control over the “outcome” (whether price will go up or down) we can still work towards ensuring against defeat and victories will come.

I am taking the coaching cue to heart, that’s why I am hanging on to fti’s every word.


Rgs,
Baifu
  • #26,613
  • Edited 6:05am Jul 22, 2011 5:35am | Edited 6:05am
Quoting Baifu
From Brett Steenbarger, “The Daily Trading Coach, 101 Lessons for becoming your own trading psychologist”
Thank you Mamood for recommending the book.

Lesson 34: Set Effective Goals (Quote in blue)

[size=3][font=Calibri]“Notice that I am defining goals in a process sense, rather than as absolute outcomes. [color=#002060]This is very important. Many traders think of such goals as making a million dollars...
thank you baifu, good read.
also mostly in your faith.
Thankyou. Train well.

regards

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http://v.youku.com/v_show/id_XMjMwNjM2NTA4.html
  • #26,614
  • Jul 22, 2011 6:08am Jul 22, 2011 6:08am
Quoting Baifu
I am taking the coaching cue to heart, that’s why I am hanging on to fti’s every word.
Your are not alone.

Nice weekend everyone.
I am done for the week.
Not losses.
Empty as water and soft as a facing wind mountain
  • #26,615
  • Jul 22, 2011 11:36am Jul 22, 2011 11:36am
Nice weekend everyone!

1.42

you are still looking for confirmation... fundamental...
strength is:

1.30

1.21

end of the year ... 1.13

gold 1300
bottom of the euro ... and the return of optimism ...
  • #26,616
  • Jul 22, 2011 2:03pm Jul 22, 2011 2:03pm
Quoting Baifu
From Brett Steenbarger, “The Daily Trading Coach, 101 Lessons for becoming your own trading psychologist”
Thank you Mamood for recommending the book.

Lesson 34: Set Effective Goals (Quote in blue)

[size=3][font=Calibri]“Notice that I am defining goals in a process sense, rather than as absolute outcomes. [color=#002060]This is very important. Many traders think of such goals as making a million dollars or...
It is always good to learn from the best. And fti is the best!

Have a good weekend all!
  • #26,617
  • Jul 22, 2011 4:56pm Jul 22, 2011 4:56pm
Quoting fti

http://www.youtube.com/watch?v=b4vOPr9REr0

http://v.youku.com/v_show/id_XMjMwNjM2NTA4.html
My first post here. Instead of a proper introduction, a heartfelt thank you to you fti ... also for helping me find Tong Li's celestial interpretation of this old song from Taiwan.

Inserted Video
  • #26,618
  • Edited 1:21am Jul 23, 2011 1:02am | Edited 1:21am

200mio, is a joke of law isn't it?

http://www.thesun.co.uk/sol/homepage...orce-deal.html

wow, what a career path. Easy job with high pays.
Is now trend.

Costliest UK splits

1. Boris Berezovsky and Galina Besharova, 2011. Around £200m

2. John and Beverley Charman, 2006. £48m

3. Sir Martin and Sandra Sorrell, 2005. £30m

4. Abdullah Masry and Mona Al-Khatib, 2002. £26.3m

5. Phil Collins and Orianne Cevey, 2008. £25m

6. Paul McCartney and Heather Mills, 2008. £24.3m

7. Phil Collins and Jill Tavelman, 1994. £17m

8= Colin and Eimear Montgomerie, 2006. £12.5m

8= Chris and Ingrid Tarrant, 2008. £12.5m

8= Mick Jagger and Jerry Hall, 1999. Up to £12.5m

oops where's william gates?

so watch where you put your thing. So why does anyone want marry them anymore?
Is marraige still valid anymore? seems to me, where's eve, seems all lillith?
And being asked why we no love them?
best keep the opinions to myself.


regards
  • #26,619
  • Edited 2:13am Jul 23, 2011 1:18am | Edited 2:13am


http://www.freep.com/article/2011072...s-fall-through

ok everyone put wallet on table please. And is all, not only americans. yes you too panda.
Who is going to win the race? Greece or US
Anyone in touch with London book makers?
whats the tote please?
i think i 'll wait for home stretch before punting.

Inserted Video


Hope is not nose to nose.
Then will be much nerves.


regards
  • #26,620
  • Jul 23, 2011 1:23am Jul 23, 2011 1:23am
Hello Sir, marriage its like a standard MO in our society and as all things in life has its own sides, some are bright some are not. And as we can observe, when things get hairy in relationship business bills sometimes go sky high.... weird creatures people are indeed
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