Technical Analysis Fallacy | Page 1430 | 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

  • #28,581
  • Edited 10:38am Oct 31, 2011 10:25am | Edited 10:38am
Quoting snowly
Shirakawa should just resign; it's the 3rd failed intervention(let's say the fukushima one was "succesful") in 1 year...

dude should just drop it... though, ok, he's making us money both ways...
Well, they just doing their job.
Why feel that you own him?
I not seen any thing failed.
they not going make all of us rich.
everyones long waiting for next leg.
You think they not know?
Last thing they want is all of us tp.
then they need deal with our selling again.
they much prefer you square flat. Then when run you chase

regards
  • #28,582
  • Oct 31, 2011 10:28am Oct 31, 2011 10:28am
Quoting N_Trader
Indeed. Things change and ppl move on.
I do hope that one day I can break that curve and be part of what you have meant to build.

I do not know you in person and probably never will. But regardless, I think you have impacted me positively in my ways. If not my trading, than at least my character.

And you are right. few years ago, I used to think that successful traders are very arrogant. I was once interviewed by a guy who manages the treasury of a huge commodity firm... and he was pretty nasty and arrogant. lol. Nevertheless, you have changed...
no need rush.
Learnwell.
Rome wasn't built in a day, so not expect that you can internalise all these in a gulp.

regards
  • #28,583
  • Oct 31, 2011 10:35am Oct 31, 2011 10:35am
Quoting fti
no need rush.
Learnwell.
Rome wasn't built in a day, so not expect that you can internalise all these in a gulp.

regards
Yes, Chief.
I will build my foundation strong

Seems like she does wanna dance much today. V must have tire her out this morning
  • #28,584
  • Oct 31, 2011 10:38am Oct 31, 2011 10:38am
Inserted Video
  • #28,585
  • Oct 31, 2011 10:40am Oct 31, 2011 10:40am
Quoting N_Trader
Yes, Chief.
I will build my foundation strong

Seems like she does wanna dance much today. V must have tire her out this morning
if everyone knows boj moves.
then how effective can they be.
So those not babysitting positions, or no patience, or over exposed,not going get anything.
You think markets not know how much patience an overexposed trader has?
think about the last time you over exposed size.
what was the feelings?


regards
  • #28,586
  • Oct 31, 2011 10:41am Oct 31, 2011 10:41am
Inserted Video
  • #28,587
  • Oct 31, 2011 10:47am Oct 31, 2011 10:47am
Quoting N_Trader
http://www.youtube.com/watch?v=FLM2z...eature=related
NY lunch coming up soon. and Europe goes for dinner soon.
So not make them sleepy. They need eat.

Do you rememeber about what time BOJ came in markets, this morning?

regards
  • #28,588
  • Oct 31, 2011 10:48am Oct 31, 2011 10:48am
Quoting fti
if everyone knows boj moves.
then how effective can they be.
So those not babysitting positions, or no patience, or over exposed,not going get anything.
You think markets not know how much patience an overexposed trader has?
think about the last time you over exposed size.
what was the feelings?


regards
Only Captain Hindsight and his 3 sidekicks, Would've, Could've and Should've would know about it

Btw, I found this link on the AOW. Not sure if it's been posted before. But I hope it would help some

http://www.chinapage.com/sunzi-e.html

Regards
Jonathan

P.S
I too slept on my positions before, that's probably the only common factor in our trading...
  • #28,589
  • Oct 31, 2011 10:50am Oct 31, 2011 10:50am
Quoting N_Trader
Yes, Chief.
I will build my foundation strong

Seems like she does wanna dance much today. V must have tire her out this morning

is this "V" regarding me??...

if for me... na i just made my pips and went out...mindset was "TOO HAPPY"..so relaized cant trade more...so was happy what i got...still mindset is happy so taking a break..

me or anyone is too small aginst the market...


V
  • #28,590
  • Oct 31, 2011 10:51am Oct 31, 2011 10:51am
Quoting fti
NY lunch coming up soon. and Europe goes for dinner soon.
So not make them sleepy. They need eat.

Do you rememeber about what time BOJ came in markets, this morning?

regards
it's for me Chief, it's night time here in sg
  • #28,591
  • Oct 31, 2011 10:54am Oct 31, 2011 10:54am
Quoting indianguyinny24
is this "V" regarding me??...

if for me... na i just made my pips and went out...mindset was "TOO HAPPY"..so relaized cant trade more...so was happy what i got...still mindset is happy so taking a break..

me or anyone is too small aginst the market...


V
I bold it so that you would noticed

BOJ wouldn't have done so well without your longs
I have much to learn from you too... control of the mindset.

Regards
Jonathan
  • #28,592
  • Oct 31, 2011 10:55am Oct 31, 2011 10:55am
There you have it, the truth.
clever thoughts Jamie C.
yes you are not wrong.

"The interventions seem to be little more than targeted bailouts to the exporters, these days. Here we are at the end of the month and the BOJ gooses spot to give the Honda’s and Toyota’s a better level to sell, essentially socializing private losses."

regards
  • #28,593
  • Oct 31, 2011 11:01am Oct 31, 2011 11:01am
Quoting fti
There you have it, the truth.
clever thoughts Jamie C.
yes you correct.

"The interventions seem to be little more than targeted bailouts to the exporters, these days. Here we are at the end of the month and the BOJ gooses spot to give the Honda’s and Toyota’s a better level to sell, essentially socializing private losses."

regards
Please tell me when is the next round they selling Toyota.
Juz kiddin on the speculation.. I wouldn't want my head detached from my shoulders
  • #28,594
  • Oct 31, 2011 11:02am Oct 31, 2011 11:02am
Quoting N_Trader
I bold it so that you would noticed

BOJ wouldn't have done so well without your longs
I have much to learn from you too... control of the mindset.

Regards
Jonathan

I wish i could think that is soo true ....


btw whenever i see ur name i get this book name ....

http://www.amazon.com/Jonathan-Livin.../dp/0380012863

V
  • #28,595
  • Oct 31, 2011 11:03am Oct 31, 2011 11:03am
Quoting fti
There you have it, the truth.
clever thoughts Jamie C.
yes you correct.

"The interventions seem to be little more than targeted bailouts to the exporters, these days. Here we are at the end of the month and the BOJ gooses spot to give the Honda’s and Toyota’s a better level to sell, essentially socializing private losses."

regards
NEver thought it that way interesting...


V
  • #28,596
  • Oct 31, 2011 11:12am Oct 31, 2011 11:12am
Quoting indianguyinny24
I wish i could think that is soo true ....


btw whenever i see ur name i get this book name ....

http://www.amazon.com/Jonathan-Livin.../dp/0380012863

V
Sometimes, we can't help but to humor ourselves a a little

Wow... 253 5stars rating! I take that as a compliment

Are you into photography?
  • #28,597
  • Oct 31, 2011 11:55am Oct 31, 2011 11:55am
Quoting N_Trader
Sometimes, we can't help but to humor ourselves a a little

Wow... 253 5stars rating! I take that as a compliment

Are you into photography?
a great book...

Photography... i really want to learn that..dont know anything...jsut know i need to buy DSLR camera..nothign else apart this..

V
  • #28,598
  • Oct 31, 2011 11:57am Oct 31, 2011 11:57am
Quoting fti
if everyone knows boj moves.
then how effective can they be.
So those not babysitting positions, or no patience, or over exposed,not going get anything.
You think markets not know how much patience an overexposed trader has?
think about the last time you over exposed size.
what was the feelings?


regards
Just the words I needed to hear today. Did just that trying to catch the bottom. Has been my worst scorpion yet. I try to whack em and get whacked. I stay small and do well.

Damn Scorpions!
  • #28,599
  • Edited 2:41pm Oct 31, 2011 1:37pm | Edited 2:41pm
Quoting MaMood
Regarding the Rogue Traders:
To have an idea what went wrong in their psyche and at what time, it has given me some insides to read the books from Nick and also Jerome Kerviel. we can spot relativel easy, when things started to go wrong.
I use it a reminder for my recent controlling of my mindset.
I also briefed some friend of mine, what they should look for ...

Hope that will prevent me from going wrong.
hi all,

i have not read the books. this movie, about nick leeson and his mindset, is already very interresting.
when i saw it i was also thinking about Fti, he was there in Singapore and i just read some of his students traded on SIMEX.

http://www.imdb.com/title/tt0131566/

Inserted Video


trade safe, pax
even with my eyes open i cannot see everything
  • #28,600
  • Oct 31, 2011 2:57pm Oct 31, 2011 2:57pm
Quoting fti
There you have it, the truth.
clever thoughts Jamie C.
yes you are not wrong.

"The interventions seem to be little more than targeted bailouts to the exporters, these days. Here we are at the end of the month and the BOJ gooses spot to give the Honda’s and Toyota’s a better level to sell, essentially socializing private losses."

regards
But why would they do it end of October and why not end of September as September is the quarter end and results are sent to shareholders whereas October is just another month.

I think something is cooking in BOJ.

EURO is below 138.50, all the gains from Thursday have reversed.
15 traders viewing now