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Technical Analysis Fallacy

  • #28,681
  • Edited 4:49pm Nov 1, 2011 3:11pm | Edited 4:49pm
Quoting King Singh
Bulleh! who is this, standing? (means - who am i?)

Bulleh! to me, I am not known
Bulleh! to me, I am not known

The longest journey of a person is the journey inwards..
Keep well all..!!
K Singh.
thank you K singh for your translation.. very inspirational also N-trader thanks for the dub fx "flow" (my taste) good example how electronics can help creativity...

here is something my mother has sent me... i think a good mix of creative electronics and a positive message ... a little support on the longest journey

Inserted Video



Inserted Video


@ Fana just listened to molloko and adele.... molloko great!!... Adele what a voice (sexy)

edit: i cannot resist and post another.. i am exploring "playing for change" and listned to a clip with bono (U2).. great!! i see there are 66 video"s now for those who like music... enjoy!!.

Inserted Video



good night, good morging or lunch!! pax
even with my eyes open i cannot see everything
  • #28,682
  • Nov 1, 2011 5:29pm Nov 1, 2011 5:29pm
I was long yesterday USDJPY:

1 x 78.20
1 x 78.30
2 x 78.36
3 x 78.45

closed all @ 78.70 after huge spike on m5. couldn't add 5 and 8 lots due to sudden spike.

Let me know your comments please.
  • #28,683
  • Nov 1, 2011 7:29pm Nov 1, 2011 7:29pm
Morning TAF family!

I was down with some virus last nite. Seems there's much volatility yest. Hope you guys made some pips

Regards
  • #28,684
  • Nov 1, 2011 7:39pm Nov 1, 2011 7:39pm
Quoting simpleman
I was long yesterday USDJPY:

1 x 78.20
1 x 78.30
2 x 78.36
3 x 78.45

closed all @ 78.70 after huge spike on m5. couldn't add 5 and 8 lots due to sudden spike.

Let me know your comments please.
Hi Simpleman,

I think there's no right or wrong to what you did. But it really depends on certain conditions.

1) How you feel the market.
2) Was your decision to scale in based on greed?
3) Did you use the correct MM and RM? I.e. Would you be able to stay calm and have enuf capital to rescue if the market suddenly turns against you sharply?

For me personally, I would not attack in the above sequence unless I am very clear about the trend (too aggressive for my appetite).

Hope it helps in some ways.

Regards
Jonathan
  • #28,685
  • Nov 1, 2011 7:43pm Nov 1, 2011 7:43pm
Quoting indianguyinny24
SImple question how you feel when you trading against the FLOW.. i am not saying trend....

me .. i do know i dont feel calm.....if you meditate you knwo the difference...


how you feel???

V
Even when I'm with the trend but against the flow, it feels like I'm driving against the traffic.

Regards
Jonathan
  • #28,686
  • Nov 1, 2011 7:54pm Nov 1, 2011 7:54pm
Quoting simpleman
I was long yesterday USDJPY:

1 x 78.20
1 x 78.30
2 x 78.36
3 x 78.45

closed all @ 78.70 after huge spike on m5. couldn't add 5 and 8 lots due to sudden spike.

Let me know your comments please.
ok for you simpleman, some homework.
need quiet. printed chart, and deep thoughts.
the sequense of trades you used was 1,1,2,3.....5,8
if this your attack sequesnse seems that is not maximised
because you using fibo attack seq.
yes i know so would not had been possible that impliment scout.
no, there are ways around that.
But for starters , just note that you didn't maximised.
also that in this sequence that any stoppage of the run positions you will be in loss, even if you were at the early sequenses.
please rethink youre attack and resquue sequenses.

if you find difficulty bulid the correct seq then use 11111 and let market teach you how to build positions. Afetr a few months you must surely get the picture right.

regards
  • #28,687
  • Nov 1, 2011 8:01pm Nov 1, 2011 8:01pm
Quoting simpleman
I was long yesterday USDJPY:

1 x 78.20
1 x 78.30
2 x 78.36
3 x 78.45

closed all @ 78.70 after huge spike on m5. couldn't add 5 and 8 lots due to sudden spike.

Let me know your comments please.
ok for you simpleman, some homework.
need quiet. printed chart, and deep thoughts.
the sequense of trades you used was 1,1,2,3.....5,8
if this your attack sequesnse seems that is not maximised
yes i know so would not had been possible that impliment scout.
no, there are ways around that.
But for starters , just note that you didn't maximised.
also that in this sequence that any stoppage of the run positions you will be in loss, even if you were at the early sequenses.
please rethink youre attack and resquue sequenses.

if you find difficulty bulid the correct seq then use 11111 and let market teach you how to build positions. Afetr a few months you must surely get the picture right.

regards
  • #28,688
  • Nov 1, 2011 8:11pm Nov 1, 2011 8:11pm
Quoting indianguyinny24
SImple question how you feel when you trading against the FLOW.. i am not saying trend....

me .. i do know i dont feel calm.....if you meditate you knwo the difference...


how you feel???

V
yes, vic, when you feel that.
then you must learn trust it and ways to mediate the change.
if terrain changes, then must adjust.


regards
  • #28,689
  • Nov 1, 2011 8:14pm Nov 1, 2011 8:14pm
Quoting N_Trader
Go chief go!
that bad mindset, although very positive attitute.
can become dangerous mindset if terrain changes or energy keep up wains.
steady as she goes mindset carry prudence.

regards
  • #28,690
  • Nov 1, 2011 8:15pm Nov 1, 2011 8:15pm
Quoting Fana
Hello Friends! Good trading all. http://www.youtube.com/watch?v=eQnDPtkdlTM&feature=fvst
http://www.youtube.com/watch?v=rYEDA3JcQqw&ob=av2e
fana trading stable now?

regards
  • #28,691
  • Nov 1, 2011 8:22pm Nov 1, 2011 8:22pm
Quoting fti
that bad mindset, although very positive attitute.
can become dangerous mindset if terrain changes or energy keep up wains.
steady as she goes mindset carry prudence.

regards
Morning chief
Still trying to rein in that monkey in my brain.
Btw, I'm born in year of monkey. So monkey trying to rein in another monkey will be great challenge.

Regards
Jonathan
  • #28,692
  • Nov 1, 2011 8:24pm Nov 1, 2011 8:24pm
Quoting N_Trader
Hi GEfx,

I did not meant to be rude. But I do see your point here. This I will take note in the future.

Good trading to you

Regards
No, was not you.
Anyways, many are new to the concepts here.
so i do expect many questions, some may get response, but if i too busy with my fight, will respond late.

Its those that KNOW what i talking about and insist that the deviations they impliment is in fact what i told them , when its totally against the presentation. Already there is warnings of fraud and brokering activities by some peeps.Anyway i not going to bother about the poison some takes , because they feel above it all. Thats their own funeral.

For you N_trader, read the thread slowly.
Also stop, think and allow markets give you the experience to understand the whys and hows of the MO, while you are trying piece it all together.
I will no more handhold or give market reads.
Only to help some with some questions for understanding.

regards
  • #28,693
  • Nov 1, 2011 8:34pm Nov 1, 2011 8:34pm
Quoting fti
No, was not you.
Anyways, many are new to the concepts here.
so i do expect many questions, some may get response, but if i too busy with my fight, will respond late.

Its those that KNOW what i talking about and insist that the deviations they impliment is in fact what i told them , when its totally against the presentation. Already there is warnings of fraud and brokering activities by some peeps.Anyway i not going to bother about the poison some takes , because they feel above it all. Thats their own funeral.

For you N_trader, read the...
for those on the flow.
althoughthe flow continues, the terrain has changed.
Tonight we shall know, if the flow intensifys or may be redirected.
  • #28,694
  • Nov 1, 2011 8:40pm Nov 1, 2011 8:40pm
need to rescue 1% loss.

markets look to turn into risk-off mode as parliament votes in papaendreous decision
Have I got something on my face, SOLDIER?
  • #28,695
  • Nov 1, 2011 8:40pm Nov 1, 2011 8:40pm
Quoting fti
No, was not you.
Anyways, many are new to the concepts here.
so i do expect many questions, some may get response, but if i too busy with my fight, will respond late.

Its those that KNOW what i talking about and insist that the deviations they impliment is in fact what i told them , when its totally against the presentation. Already there is warnings of fraud and brokering activities by some peeps.Anyway i not going to bother about the poison some takes , because they feel above it all. Thats their own funeral.

For you N_trader, read the...
Roger chief

Thanks for clarifying. I will take it slow and learn it well.
I do feel bad that I asked for a show yest. Thanks for not taking it to heart

Take care chief, you seem to be up early again.

Regards
Jonathan
  • #28,696
  • Nov 1, 2011 8:44pm Nov 1, 2011 8:44pm
http://www.cnbc.com/id/45122955

so make haste, that your funds are segregated. Only places in know have this protection is in London and Sg.


regards
  • #28,697
  • Nov 1, 2011 8:47pm Nov 1, 2011 8:47pm
Quoting bumapatria
need to rescue 1% loss.

markets look to turn into risk-off mode as parliament votes in papaendreous decision
Hi Buma,

Do you ever sleep?
You need a healthy mind to handle the toil of the market my friend.

My sports coach used to tell me, "rest is also an important part of training".
  • #28,698
  • Nov 1, 2011 8:48pm Nov 1, 2011 8:48pm
Quoting N_Trader
Hi Buma,

Do you ever sleep?
You need a healthy mind to handle the toil of the market my friend.

My sports coach used to tell me, "rest is also an important part of training".
i did sleep. today i did no worries.
Have I got something on my face, SOLDIER?
  • #28,699
  • Nov 1, 2011 8:55pm Nov 1, 2011 8:55pm
Quoting bumapatria
need to rescue 1% loss.

markets look to turn into risk-off mode as parliament votes in papaendreous decision
no buma.
thats sideshow only.
all eyes on qe3, already.


regards
  • #28,700
  • Nov 1, 2011 9:03pm Nov 1, 2011 9:03pm
Quoting fti
no buma.
thats sideshow only.
all eyes on qe3, already.


regards
really? fti, what are the chances in your opinion of the qe3 hapening today? i was thinking of that yesterday as a black swan event..

what are your thoughts on it?

i think fed would wait tad longer perhaps one more motnh for qe3 or next week possibly.

what do you think fti?
deflation is what they wanted to avoid in QE2, is it the same case on qe3 possibility? ive seen Positive us data increase, bt obviously less than what is needed.
if this black swan happens, what can we do to predict its coming?
Have I got something on my face, SOLDIER?
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