Technical Analysis Fallacy | Page 1352 | 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

  • #27,021
  • Aug 24, 2011 1:09pm Aug 24, 2011 1:09pm
I ask myself why ppl dnt listen to other more experienced ppl and older, but tend to listen theirselves. When market goes their direction, they r right and you were wrong telling me to be careful, and when market goes down, well maybe I shld listen to you. pffff How r u folk
  • #27,022
  • Aug 24, 2011 2:49pm Aug 24, 2011 2:49pm
This is really interesting...
http://www.telegraph.co.uk/finance/f...ropes-ows.html
  • #27,023
  • Edited 5:34am Aug 25, 2011 4:58am | Edited 5:34am
Quoting mijamoto
I ask myself why ppl dnt listen to other more experienced ppl and older, but tend to listen theirselves. When market goes their direction, they r right and you were wrong telling me to be careful, and when market goes down, well maybe I shld listen to you. pffff How r u folk
Hi Mijamoto. Because they are like kids. They predestine themselves as "talented and extraordinary". They dont hesitate to give advices to the others. Kids and older kids... and older kids... Mostly, such people listen to the muscles and loud egos.
- if you want money, dont play their game... it can be neverendless. Try to check somebodies trading day on charts. You will see, how easy is to comment it and give him advices.
- From my own experience... When i began forex, i was thinking that i am "talented and extraordinary". The first think, what enlighted to me the truth was Aux charts. I strongly recommend to print it and show it to your screamming newbie friends. His charts are from another planet imo. It should close mouths to at least 50% of them. Regards and trade well.
  • #27,024
  • Aug 25, 2011 11:45am Aug 25, 2011 11:45am
does anyone know a way to contact fti? I have a question regarding the structure of his arbitrage team as well as his experiences writing in the direction of the trend and managing delta.

fana, long time no see. Thread is a bit slow now, nice of you to drop by. I have a question for you. Do you find that using tick charts to read flow is useful? I recently started using tick chart in conjunction with my scout.
  • #27,025
  • Aug 25, 2011 12:02pm Aug 25, 2011 12:02pm
Quoting fullperson
does anyone know a way to contact fti? I have a question regarding the structure of his arbitrage team as well as his experiences writing in the direction of the trend and managing delta.

fana, long time no see. Thread is a bit slow now, nice of you to drop by. I have a question for you. Do you find that using tick charts to read flow is useful? I recently started using tick chart in conjunction with my scout.
Hi FP. Thanks... yes i use it. But i dont use it for scout. Scout positions i have there to feel the market. for example i switch on computer in the morning. Make a coffe and scouts are already in.... watching.... after some time when i feel the rytm, starting to use bigger positions, which bring me money...
Bigger levels i get there when i feel the market. I get them at the basis of momentum (tick chart), and 5M and 1M is "navigation where i am".
After some bad entries, killings, usually something goes my direction. I catch it, see it as oportunity and here i press more. This earns money, not scout...
  • #27,026
  • Aug 25, 2011 12:31pm Aug 25, 2011 12:31pm
Quoting fullperson
.... Do you find that using tick charts to read flow is useful? I recently started using tick chart in conjunction with my scout.
Hi fullperson,

No, it is not useful. Think about it, what flow are you reading?
Banks flow? Please, keep your feet on the ground.
You should try to get better information, not simply more information.
In this case, less is more.

FTI: try FB

By the way, who asks a lot get many answers...

Rgs,

Textor
  • #27,027
  • Aug 25, 2011 1:26pm Aug 25, 2011 1:26pm
Quoting fullperson
does anyone know a way to contact fti? I have a question regarding the structure of his arbitrage team as well as his experiences writing in the direction of the trend and managing delta.

fana, long time no see. Thread is a bit slow now, nice of you to drop by. I have a question for you. Do you find that using tick charts to read flow is useful? I recently started using tick chart in conjunction with my scout.
I will show you online how i use it. Write me on skype or FB. I use Niels style. Not accurate, but 80% i think. I was very lucky that he was my couch. Thank you Niels!
  • #27,028
  • Aug 25, 2011 2:48pm Aug 25, 2011 2:48pm
I'll be free tmw fana if you are trading then. Let me know when I can meet with you, I would love to see proper scouting done.

I'll try fb, thanks for the info.
  • #27,029
  • Aug 25, 2011 3:37pm Aug 25, 2011 3:37pm
Quoting indianguyinny24
Auxesis,

i think i will pm you about this...as i have an idea what you are talking but i guess not so solid like you got it...

will pm you abd discuss with you....

V
Just checking Auxesis if you have received my IM...


V
  • #27,030
  • Aug 26, 2011 1:59am Aug 26, 2011 1:59am
Dear friends. As you see my Trading Explorer, today i switch to OANDA EUROPE division, but it requires to start the new MT4 account. So i will continue to present my results and trading, but with this new acc.
  • #27,031
  • Aug 26, 2011 7:28am Aug 26, 2011 7:28am
Quoting Fana
Dear friends. As you see my Trading Explorer, today i switch to OANDA EUROPE division, but it requires to start the new MT4 account. So i will continue to present my results and trading, but with this new acc.
try trading just one pair... maybe it will improve your odds
Success consists of going from failure to failure without loss of enthusiam
  • #27,032
  • Aug 26, 2011 8:56am Aug 26, 2011 8:56am
Inserted Video


keep in mind ... context ... the story after the fact ...
for patterns ...
for future designs ...
filter applications ...
look for double bottom ...
avoid the pitfalls ...
herd instinct ...
will no longer be as it was ...

good weekend
  • #27,033
  • Edited 12:55pm Aug 26, 2011 12:34pm | Edited 12:55pm
Inserted Video


If such information is widely available, it means that the now obsolete ...
nowadays do not have to send troops or drop bombs ...
simply "Arctic lullaby" that, for example, by the forces of nature to teach humility ...
JPY ...

"Arctic Lullaby" - the U.S. or Russia?!

btw. Using electromagnetic waves of a properly chosen frequency, you can modify the processes occurring in the natural environment and living organisms, by manipulating the weather fronts or calling certain states of mind of whole groups of people.
America and Russia for many years has the technology ... for example, in Alaska ...
  • #27,034
  • Aug 27, 2011 1:41am Aug 27, 2011 1:41am
After some research, I believe the use of retail options in fx is not feasible. The commissions are deadly and remaining delta neutral is a constant battle in which we would not have enough capital to cover. It is and will likely always be an MO for very capitalized institutions. That said, it's a very powerful advantage.
  • #27,035
  • Aug 27, 2011 3:50am Aug 27, 2011 3:50am
Quoting dongsky
try trading just one pair... maybe it will improve your odds
Hi Eddy. Yes, it was very far from my best i think... Bad start with the new division... With beer in a hand ... epic
  • #27,036
  • Aug 30, 2011 1:21am Aug 30, 2011 1:21am
Hi Friends! I am looking for some trading books. Can be also about trading history and so... Additional material... Please, recommend. Thank you.
  • #27,037
  • Aug 30, 2011 5:45am Aug 30, 2011 5:45am
Quoting Fana
Hi Friends! I am looking for some trading books. Can be also about trading history and so... Additional material... Please, recommend. Thank you.
"Inside the house of money" and "The invisible hand" by Steven Drobny. Also, Taleb's "Black Swan" is a rather good read I would recommend.

Rgrds
S
  • #27,038
  • Aug 30, 2011 6:03am Aug 30, 2011 6:03am
Quoting Setebos
"Inside the house of money" and "The invisible hand" by Steven Drobny. Also, Taleb's "Black Swan" is a rather good read I would recommend.

Rgrds
S
Thank you very much Setebos!
  • #27,039
  • Aug 30, 2011 7:41am Aug 30, 2011 7:41am
http://www.ritholtz.com/blog/wp-cont...G-SOFTWARE.gif
  • #27,040
  • Aug 30, 2011 10:43am Aug 30, 2011 10:43am
Just a Hi from my side. I had been ill for some time and could not do any trading. The thread is very slow these days. Hope to see you all.


Regards
Bert
13 traders viewing now