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Technical Analysis Fallacy

  • #26,741
  • Jul 28, 2011 9:51pm Jul 28, 2011 9:51pm
http://ca.reuters.com/article/busine...76S0EZ20110729
  • #26,742
  • Jul 29, 2011 4:31am Jul 29, 2011 4:31am
Quoting indianguyinny24
http://ca.reuters.com/article/busine...76S0EZ20110729
heed the warning.
BOJ will be around.
but will be tested. Markets are in vacuum mode.
so prepare for volatility spikes.

Euros had bottomed.
looking eat the sell stops. Already passed 3 cycles. Lead candidate is aud.
markets in directionless flux, awaiting final outcome from us for reasons sweep stops.


regards
  • #26,743
  • Jul 29, 2011 6:16am Jul 29, 2011 6:16am
whether it's entire demand for E / U?
D1 close below .4215 would be interesting...

btw I do not take seriously the incoming information, because they are still being manipulated.
Anyone successfully used the method of "boiling frog" - and is already three years ...
  • #26,744
  • Edited 8:39am Jul 29, 2011 8:19am | Edited 8:39am
E/U At this time...
This rigidity may be ... but...
"M" works sometimes...
I'm waiting ... last day of "cooking" a frog?
for the uninitiated ...
Inserted Video


...and that is all consistent with AOW...

good weekend and good trading next week!
  • #26,745
  • Jul 29, 2011 9:18am Jul 29, 2011 9:18am
Quoting gart
E/U At this time...
This rigidity may be ... but...
"M" works sometimes...
I'm waiting ... last day of "cooking" a frog?
for the uninitiated ...
http://www.youtube.com/watch?v=TyBKz1wdK0M

...and that is all consistent with AOW...

good weekend and good trading next week!
not know
next week may see 1.5 maybe.
we'll see.
I not good in predicting markets.
but seems usd hit fan big time this round.
any way, i just flowing, no thinking no analysis, they come back i load even more.
Hope they come back for me load up, this risk very calculated.
maybe may give chance due to vacumm , its all empty.
just hoping they come back allow me load full load in skews
lets see what she gives.
I not demanding type.

regards
  • #26,746
  • Jul 29, 2011 9:19am Jul 29, 2011 9:19am
Quoting fti
heed the warning.
BOJ will be around.
but will be tested. Markets are in vacuum mode.
so prepare for volatility spikes.

Euros had bottomed.
looking eat the sell stops. Already passed 3 cycles. Lead candidate is aud.
markets in directionless flux, awaiting final outcome from us for reasons sweep stops.


regards

Seeing the volaitlity in EU and AU...PIGS are getting slaughtered and even the weak bulls and bears are taken away....

interesting to see what Aug 2 will rbing...

again not being predictive...BOJ wont come till aug 2 my opinions...though they are in market

V
  • #26,747
  • Edited 9:36am Jul 29, 2011 9:23am | Edited 9:36am
Quoting Fana
Dear friends. Here is how i reached BE at my live account. Too days after one week holiday, i was thinking tjhat i am the MASTER. So i killed 30% of my account. 2month and i am again in a game with this account. From the bottom it was very difficullt... every pip was important... Damage controlls overweighted... But finaly.... YES!

And i must add that with Niels help. Thank you Niels!

I hope that it is already outdated in your case, but it is worth recalling the words of FTI

"He will win who, prepared himself, waits to take the enemy unprepared.
After every battle forget about the glory , as well as its pain...

 The next batlle will be totally different.
 Have stress control.
Meditate
Talk the family out
Try a new hobby
Get drunk or maybe have a fling [it's not for me]
go to church, do social work
 spend some money
 listen to music
 The important thing is to get the mind off trading.
 See no market, Hear no market, Talk no market.

 Remember always that the market is a battlefield.
 He must order his army to fight resolutely to the bitter end. []

and one more thought FTI...

"Never leave your child unattended ..."

and finally:

 "WHEN SHARPENING YOUR KNIFE, IT IS NOT DELAY OF YOUR CUTTING TREES JOB."


Fana, Good Luck!
gart

btw no matter what anyone thinks of me, the important thing is what I wish others

  • #26,748
  • Jul 29, 2011 9:31am Jul 29, 2011 9:31am
Quoting fti
not know
next week may see 1.5 maybe.
we'll see.
I not good in predicting markets.
but seems usd hit fan big time this round.
any way, i just flowing, no thinking no analysis, they come back i load even more.
Hope they come back for me load up, this risk very calculated.
maybe may give chance due to vacumm , its all empty.
just hoping they come back allow me load full load in skews
lets see what she gives.
I not demanding type.

regards
Thank you FTI.
Always for your words I have great respect ...
  • #26,749
  • Jul 29, 2011 9:42am Jul 29, 2011 9:42am
Quoting gart
Thank you FTI.
Always for your words I have great respect ...
gart, thanks.
but try no margin too much they fluxing in vacuum.

regards
  • #26,750
  • Jul 29, 2011 9:50am Jul 29, 2011 9:50am
Quoting fti
gart, thanks.
but try no margin too much they fluxing in vacuum.

regards
Of course!


...... this dislocation (NY session) may be a small market liquidity ...
end of the week today ...
and I remember your words:

"And be responsible for your own battles, if something unexpected
or unfavorable take responsibility for your position and use your talents
and resources to judge the proper course of action."

By the way, I wish you much health ... You do us so much ...
  • #26,751
  • Jul 29, 2011 10:16am Jul 29, 2011 10:16am
Quoting jacson101
Kiwi outside reversal bear print.
Staying nimble and watching for assassins.
rgds.
edit: kiwi outside reversal bull print now.

rgds

Inserted Video
  • #26,752
  • Jul 29, 2011 10:21am Jul 29, 2011 10:21am
Quoting gart
I hope that it is already outdated in your case, but it is worth recalling the words of FTI

"He will win who, prepared himself, waits to take the enemy unprepared.
After every battle forget about the glory , as well as its pain...

 The next batlle will be totally different.
 [color=Sienna][font=Verdana, sans-serif][size=2]Have...

Thanks Gart.....maybe this will address my syndrome....i am not trading these days just out of fear.
  • #26,753
  • Edited 10:42am Jul 29, 2011 10:27am | Edited 10:42am
Quoting jacson101
edit: kiwi outside reversal bull print now.

rgds

http://www.youtube.com/watch?v=tGlzd8Qc9nk
jack.
ths one wierd feeling i getting.
i now thinking what the fed going to use to buy back their mammoth debt.
then on top of that all the eurodollars flowing in the world.
seems they opened a can of worms, noweven i lost all confidence in holding any usd.
they surely have not enough gold to redeem all the usd float.
Maybe if they can produce enough pork bellies for export?

If they print and intervene the markets, then the devaluation accelerates. Buy usd with usd?
cannot even think of way out.
Can't sell debt or papers, the market may not be receptive.
Can't raise rates, or another housing secondary bubble exploses.
See, never threaten creditors with default.
Lost goodwill, all crumbles like a deck.

now even if they don't default, the damage already done.
Who dares hold on to the fiat.
Who??

"It takes 100 years build up a reputation, only takes 1 day destroy it all."........dad.


regards
  • #26,754
  • Jul 29, 2011 10:38am Jul 29, 2011 10:38am
Quoting fti
jack.
ths one wierd feeling i getting.
i now thinking what the fed going to use to buy back their mammoth debt.
then on top of that all the eurodollars flowing in the world.
seems they opened a can of worms, noweven i lost all confidence in holding any usd.
they surely have not enough gold to redeem all the usd float.
Maybe if they can produce enough pork bellies for export?


regards
yep. only safety at home.
synthetic USD in play, no holding physical.
Although BOJ will probably devalue as well.

Congratulations to heli.- idiot.
sorry needed to be said.
rgds.
  • #26,755
  • Edited 10:59am Jul 29, 2011 10:46am | Edited 10:59am
Quoting jacson101
yep. only safety at home.
synthetic USD in play, no holding physical.
Although BOJ will probably devalue as well.

Congratulations to heli.- idiot.
sorry needed to be said.
rgds.
BOJ, well they have reasons, they still grappling with the natural disasterimpact.
What excuse the feds have?
Since WW2 the yen and usd had been married.
but well lets see if the marraige is any good.

I am feeling so edgy , if i should go 3 skews spiral winthin spirals into the rally.
May be i should go get hot shower instead.
On one hand is friday.
but if the pressure persist may as well be monday.
Question is what kind of gap we going see monday?
Any one eeing how john's blotter like?
i sure not want stand in front of bull dozer. if it comes.
in vacuum, is hard clear size.

regards
  • #26,756
  • Jul 29, 2011 10:46am Jul 29, 2011 10:46am
Happy trading day everyone. Been lots of fun trading all the crazyness today and I suppose we could see more of that next week. Been in the GBP/$ and E/$ this morning and will take just one more E/$ trade...maybe.

I have been watching the debt debate in the US all month. It has been an ugly, at time embarrasing, process that has yet to play out. It may not be over by August 2, and as far as I am concerned, that is okay. There will be no default if that date comes and goes without an agreement, but big parts of the government will be closed down until an agreement is reached. We may (probably will) lose the aaa rating next week, and if that is part of the process, I am okay with that, too. What is important to me, is for the US to at least get on a path to fiscal constraint and limited government. Anything less than that is unacceptable. We will not solve all of our problems over the next few days, but we must put ourselves on the path. Until we do that, we do not deserve the aaa rating, and will continue to find ourselves on the path of decline. Like I said, the process is ugly, but this is what it looks like when a democratic nation debates big issues, and we have put this debate off for too long.

The US economy grew at .4% in Q1/2011, and at 1.3% in Q2/2011. Pathetic. Six months after we get ourselves on the right path, we will be growing much faster, we will see the job market improve, and our credit rating will again be aaa.
  • #26,757
  • Edited 11:01am Jul 29, 2011 10:51am | Edited 11:01am
Quoting fti
BOJ, well they have reasons, they still grappling with the natural disasterimpact.
What excuse the feds have?


regards
They don't have one sir.
Just a learned thesis paper from a distinguished university that the Feds have been running policies on.
I'm edgy as well, would also like more normal conditions. Unfortunately I don't know whether 1.60 or 1.20 e/u spiral.

rgds.
  • #26,758
  • Edited 11:22am Jul 29, 2011 11:07am | Edited 11:22am
Quoting GEfx
Happy trading day everyone. Been lots of fun trading all the crazyness today and I suppose we could see more of that next week. Been in the GBP/$ and E/$ this morning and will take just one more E/$ trade...maybe.

I have been watching the debt debate in the US all month. It has been an ugly, at time embarrasing, process that has yet to play out. It may not be over by August 2, and as far as I am concerned, that is okay. There will be no default if that date comes and goes without an agreement, but big parts of the government will be closed...
ya, Ge , understood.
is hairy times.
Its not so much the debt i worried about now.
Its the usd float around the world. And thats hugh. you know the pharmaceutical (drugs money) the oils money...etc. I sure hope they a;ready hedged.



i just heard.
"CNBC reports corporations are issuing overnight commercial paper per normal today."
what?
is like asomeone going chapter 11 want borrow?
really crazy timing.
lets see at what rates they able deal, if they do deal at all.



regards
  • #26,759
  • Jul 29, 2011 11:41am Jul 29, 2011 11:41am
Quoting indianguyinny24


Anyone seens Niels recently??...havent seen piccolo and Mahesh too
ai ai , im still around
To Live is the rarest thing in the world , Most people exist , that is all
  • #26,760
  • Jul 29, 2011 12:02pm Jul 29, 2011 12:02pm
Cyprus ratings downgraded by S&P.

S&P?????????

Oh nevermind , panda's collecting.
wouldn't it be better for creditors rate the papers?

regards

ok opportunity. and i am so trigger happy today.
dang dangerous mindset. dang scorpion.

ok no leverage
full cash
i not want create problems.
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