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Technical Analysis Fallacy

  • #28,221
  • Edited 4:30pm Oct 26, 2011 4:18pm | Edited 4:30pm
Quoting bumapatria
good morning sir fti

i have seen 'fat lady' around everywhere, yet i cant find a meaning for it. can you care to elaborate on the meaning of it?

makes me think....


fat lady..

lot of liquidity? volume perhaps?
spike?
sorry, thats a no brainer. my friend.

Is just an expression.
"It ain't over, till the fat lady sings."

is just jargon.
no such fat lady patterns.

But when the girls are spreading legs around in flat range, with volatility, expect some excitement. Just don't get caught in their situation. Move with the tides.
Its more superior, not get sucked into rigid mindsets. Must flow with her,as best one can. She gets wild, always have option close the door.


regards

PS as mamood mentioned, there is a wild card at play.
Panda is sniffing around.
This chaps new kid on the block.
Have little experience dancing them. So be prepared, they wild cards.
But one thing we know, they have resources.
if if they engage, they cannot possibly turn fast. Being small,our niche is speed and versatility.
They need take sides, we don't. Our objective is just pips.
They want dance the range, we bleed their range.
  • #28,222
  • Oct 26, 2011 4:29pm Oct 26, 2011 4:29pm
goddamn fti is truly the Great everyone talks about...


Redlion: fti my mentor buma, he taught me almost all the best aspects of trading. He taught me to be nimble with my trades, be with the flow of price, be like water, be fluid.
Buma: Who's fti?


i had a google search once on you sir ...

yes true. now my contrarian-ness is questioned. with a good cause either dance with her or be kicked by her and have nice mark on your face. ive always swam against the tides, and prevailed, but sometimes needing to rescue oneself because of drowning. its easier with the tide. i mean you dont see sailors voluntarily sailing against a wind on specific latitudes. that wont help them, that would be counterproductive.
if lady wants to dance to the right, go dance with her to the right, not the left, u force her to go with u she slaps u and kicks ur balls so that u can never sleep wih her ever.. .

thanks fti
Have I got something on my face, SOLDIER?
  • #28,223
  • Oct 26, 2011 4:39pm Oct 26, 2011 4:39pm
Quoting fti
yeap clean canvas, can draw anything i like, if have the resources at tiered.
Barriers and patterns are just roadsigns, thats all. They not exist in my mind, until i see what they do there. but of course one should be aware ofthem. If flow naturally wants take it out, then take it out. Otherwise if they real then respect them.

Opinions and bias ,just that, pictures in the mind. What markets do there, thats real. Just flow. Just keep donkey protecxted at all times, not over extend. When chance presents, then kick butts.


regards
Good morning,

Bit of a dull day here in Sydney.

This brief post summarise exactly in detail what I have learned and applying in trading and in life.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #28,224
  • Edited 5:00pm Oct 26, 2011 4:43pm | Edited 5:00pm
Quoting mla
Good morning,

Bit of a dull day here in Sydney.

This brief post summarise exactly in detail what I have learned and applying in trading and in life.

mla
yeah, seems so.
calm before the storm.
Could be right in the eye of the hurricane.
So not be haste.
Much of the world is already committed direction.
There's the natural way to go. But if big powers want turn tides then so be it.
just not get in death battles with them. Their rigidness is their disadvantage.

regards

Be aware, no news is bad news.
But boj stance is crystal clear. So nothing to argue about.
Just see how naughty flow wants to be.

Also be aware, if bulk of countries goes drop rates like aus.
then in fact the majors, usd, euros yen allmay not move.
because already equalise ppp (purchasing power parity)
So let watchsee what they going to do.

There is big talk that aud wants put their donkey on the line.
so there may be clues there.
Whats the aussie inflation like?
Could they be over heating?
best not think too much.
try feel the markets pulse.
  • #28,225
  • Oct 26, 2011 5:13pm Oct 26, 2011 5:13pm
Gold seems very steady.
Be wary that there are many syndicated moneys and cartels in gold.
Paper gold isn't worth a dime.
Only the real stuff.
And i no accept any bullion with out second assaying.

regards
  • #28,226
  • Oct 26, 2011 5:20pm Oct 26, 2011 5:20pm
ok, now need focus. I am damn rusty.


regards

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  • #28,227
  • Oct 26, 2011 5:21pm Oct 26, 2011 5:21pm
Quoting fti
Gold seems very steady.
Be wary that there are many syndicated moneys and cartels in gold.
Paper gold isn't worth a dime.
Only the real stuff.
And i no accept any bullion with out second assaying.

regards
in simple language fti please... i am very intrigued in your higher level of communication, but i am 14, and i still dont get what you are saying. i trade gold as a base and i would like to know what you are saying

Have I got something on my face, SOLDIER?
  • #28,228
  • Oct 26, 2011 5:23pm Oct 26, 2011 5:23pm
Quoting fti
yeah, seems so.
calm before the storm.
Could be right in the eye of the hurricane.
So not be haste.
Much of the world is already committed direction.
There's the natural way to go. But if big powers want turn tides then so be it.
just not get in death battles with them. Their rigidness is their disadvantage.

regards

Be aware, no news is bad news.
But boj stance is crystal clear. So nothing to argue about.
Just see how naughty flow wants to be.

Also be aware, if bulk of countries goes drop rates like aus.
then in fact the majors,...
Juicy words mate

The mind makes the man small and prisoner from his own concepts.

"The mind is as restless as a monkey. You mind is restless and you are aware of it. This very recognition will help you to make it come down.
Just watch the mind. Become the witness of the mind.

"You must learn to accept everything -the plain experience and the peak experience, the pits and the highest. When you see everythink is for your own growth, for your own expansion (nor fart), then you won't feel contracted. This is the right effort"

mla
"The Heart is the hub of all dances; go there and chill out"
  • #28,229
  • Oct 26, 2011 5:29pm Oct 26, 2011 5:29pm
7th billion person on earth expected to be born soon. 1 billion population growth every 14 years. we are going to be very crowded in the future. by the time im 28 itwould be expeccted 8 billion on the planet.

Have I got something on my face, SOLDIER?
  • #28,230
  • Oct 26, 2011 5:32pm Oct 26, 2011 5:32pm
Not sure I you guys know the TV-series the "A-Team".
Found a nice characterization in recent news for the European players:

"I love it when a plan comes together" was John "Hannibal" Smith's favorite catch phrase if I remember correctly from my childhood days. The EU summit is a bit like the "A-Team" with Hannibal (Germany), Murdock (France), Face (Italy) and Mr T (ECB/IMF) all looking to put together a comprehensive solution to the crisis. The problem is the perception that the measures on the table will simply buy some more time with the range being 1-3 months (Soros) or 1-2 years (BoE's King).
[....]

  • #28,231
  • Oct 26, 2011 5:36pm Oct 26, 2011 5:36pm
Hello Every1, Happy Diwali 2 all celebrating firecrackers r bn going off in dis neck of my wood,bn following this thread though not much of a poster but bn trying 2 incooperated all dat has bn given freely in this thread not just 2 my trading but also in my life. A special thanks 2 Fti our mentor n also all dat has contributed 2 make thsi thread what it is 2day. Thanks Neil 4 ur teaching n encouragement, Im re-reading this thread 2 rediscover sum of d hidden gem lurking there so back 2 reading n also watching 2 see if any firecracker will lite up d charts 2nite.
  • #28,232
  • Oct 26, 2011 5:36pm Oct 26, 2011 5:36pm
Quoting MaMood
Not sure I you guys know the TV-series the "A-Team".
Found a nice characterization in recent news for the European players:
[indent]"I love it when a plan comes together" was John "Hannibal" Smith's favorite catch phrase if I remember correctly from my childhood days. The EU summit is a bit like the "A-Team" with Hannibal (Germany), Murdock (France), Face (Italy) and Mr T (ECB/IMF) all looking to put together a comprehensive solution to the crisis. The problem is the perception that the measures on the table will simply buy some more time...
LOL, if the EU summits the A-Team, we are doomed......... that show was awful back then as well as the Remake last Summer.
  • #28,233
  • Oct 26, 2011 5:46pm Oct 26, 2011 5:46pm
Quoting MaMood
Not sure I you guys know the TV-series the "A-Team".
Found a nice characterization in recent news for the European players:

[indent]"I love it when a plan comes together" was John "Hannibal" Smith's favorite catch phrase if I remember correctly from my childhood days. The EU summit is a bit like the "A-Team" with Hannibal (Germany), Murdock (France), Face (Italy) and Mr T (ECB/IMF) all looking to put together a comprehensive solution to the crisis. The problem is the perception that the measures on the table will simply buy some more...
A French, German and Italian, WOW, what a mix I am not sure what they up to but I can assure you that they having a lot of fun. (I am european).

mla
"The Heart is the hub of all dances; go there and chill out"
  • #28,234
  • Oct 26, 2011 5:50pm Oct 26, 2011 5:50pm
Lol, had to go back and watch a few Utubes of teh A-Team.... Good one Mamood

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  • #28,235
  • Oct 26, 2011 5:52pm Oct 26, 2011 5:52pm
Sonny Rollins

Well I would no mind, if one day I can trade the way he plays.

Inserted Video


mla
"The Heart is the hub of all dances; go there and chill out"
  • #28,236
  • Oct 26, 2011 5:57pm Oct 26, 2011 5:57pm
some music

Inserted Video


mla
"The Heart is the hub of all dances; go there and chill out"
  • #28,237
  • Oct 26, 2011 8:43pm Oct 26, 2011 8:43pm
Wow, what a thread I have found . I am doing end of day trading successfully but will give this one try. I don't use any indicators so won't be a problem.

Thanks FTI for this strategy.
  • #28,238
  • Oct 26, 2011 9:23pm Oct 26, 2011 9:23pm
http://www.reuters.com/article/2011/...79I0IC20111027


So people think if we write off 50% greek bond then we all good...


so is 50 cent to 1$ is Greece even worth that???... i am asking...


V
  • #28,239
  • Edited 9:56pm Oct 26, 2011 9:35pm | Edited 9:56pm
They say that Europe needs Italy to take care of themself.

I am Italian and I know that is never going to happen. If I was a position trader I would short the Euro.

Why is never going to happen? huhh that is long story. But I can be brief:
You want food, cars, arts, design, passion, organise crime, football, sex? No problem. As much as you want.

Look after yourself? Who? What? When? Is the coffee ready? Is my shirt ironed? How do I look? What would they think? Is my espresso ready?(the fifth one). MAMMA?(Germany,US, now China), MAMMA IL CAFFE E' PRONTO? MAMMAAAAAAA?.



mla
"The Heart is the hub of all dances; go there and chill out"
  • #28,240
  • Oct 26, 2011 11:15pm Oct 26, 2011 11:15pm
I have been learned here a lot!

Thanks for all your good view!
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