Technical Analysis Fallacy

Last 4 pages or so have been flame wars. Stay on topic please guys.

Much thanks Phil for highlighting the program.
The coder is very meticulous.
Good simple tool.
Thanks again.

regards

Hi Fti,

Is there what you would call a tear current happening on eur/usd and gbp/usb 5m charts right now?

No market is waiting for super committee results.
nothing happening.
no news is bad news.

regards

Good Morning Fti!
Hope you doing good today.
I have a question for you, which I derived from one trader. If you think it it worthless- than it is worthless. This trader insist that he will never enter a new trade 15 min. before the hour (2:45; 3:45 ect.)
Any logic behind this mentality?

Thanks

A wise man first thinks and then speaks and a fool speaks first and then thinks. (Hazrat Ali R.A.)

I hope it is more clearer now.

Regards
Bert

I know not the right words to say now. I do not wish to burn anyone down with my words.

fti, I think I feel you. I hope that you can look beyond some of these issues here. I will not speak on behalf of anyone else, but personally, I am and will always be grateful for all that you have said and done.

Please take good care of your health and God bless.

regards

Hi Jaro,

That trader might be using hourly candles with more emphasis and the bias of hour end vola might have made him cautious for that matter. In case there is no daily, hourly, 5min candle.....and different platforms/brokers showing different data presentations in the shape of candles, it makes little sense to be rigid with such mentality and ignore market form.

Regards
Bert

Thanks Bert!
Question: is there such a thing as "more than usual" hour end vola?

Hi Fti and Friends:-)
I invited the new EU propaganda... Here in post Communist countries was some time ago this :"Work for comfort of your brother and yourself".
- Now in EU is this : "Work harder(+less salary of course) for silly rich idiots"... , Rgds

Hi Again!

Traders having 'bias of hour end vola' may become vulnerable. I personally am more familiar with 'session end/start vola' rather than 'hour end vola'. Market form has the dimension of time "heaven" in it.

Regards
Bert

Thank you very much mate for taking too much time to explain on very boring read.and point up explanation and very strategic answers.Thank you again.

I will try to follow up, at times the behaviour of FTI is not balanced yin-yang nowadays,I think his yinyang needs to be balanced as he vouches turbulent winds in his voyage.

Though our Admiral is a good sailor,he stings junior but brilliant sailors off the crew at times and a word of expertise is BEST SILENCE for admirals or let the member learn himself from his mistakes after tremendous teachings. tuting people aware off from icebergs is fine.

I viewed noble thoughts, I know most of the traders know the point "we don't know where the snake hides in 1000 holes and which hole we are in"

in what redlion analyses is he terms as market prediction as fti pointed this as "bias verses prediction - meaning".redlion needs to get his point here.

But to term people in a worst way is not a way to answer,a simple silence or just would have pointed him to read his previous posts referring the conti...But being a newbie a week old, I cannot comment much on this.

But everyone deserves respect as FTI says, everyone deserves to get their own respect while he had not vowed against FTI,in turn he gives and wishes to get respect.

Everyone here are literate and probably good traders who at times fumble at the market, like an anchor which controls the massive ship at times of turbulence,fti should have taken the traders view as a craddle move in the swing.

For everyone listens the captain.His words of wisdom is clearly understood, but the only difference is expression terms and its reaction.

Nowadays as following his posts his health deserves to be guided,he falls fast on reading and nounce his verdict earlier.That's all what I like to say to my admiral as a juvenile sailor.

Let me be the bigger man here and apologize for everyone

well thank you admiral for wisdom.
But it seems your yinyang needs to be balanced right now, I don't know chinese,but from your fast reads and sped up replies to members nowadays it seems you need great care right now.

As I know how a physique and mind behaves,your mind is now ready to accept only the one's who understand your policies of trading immediately and repells who do not come in conjunction with you violent.

I don't think you behave this way for just some lietral fights,but YOU GET IRRITATED FAST NOWADAYS is my point.THIS IS THE REASON I STRESS TO MAKE A CLEAR REST AND SELDOM PC ADVICE I REQUESTED FEW DAYS PRIOR.I AM A NEWBIE TO YOUR THREAD but have been following all you and your mode of approach to tough minded traders.

But I do understand this as a sign of ill-health and I am sure redlion should understand this very well.nowadays you lack much patience.

IN THE SENSE;

YOU ARE IRRITATED TO BEAR A WORD OFF YOUR POLICY THOUGH YOU EXPRESS THE REALITY HAPPENING IN FOREX.

WHAT REDLION IMPLIED IS WHAT YOU SAID BUT STILL HE USES AND USED THE TRADERS ACRO-this is by habit of trading but no offence,but the word you spoke or uttered is of ultimate fire to a good trader.

There is a fine little difference as a pin between your views and that of redlion.

I AM JUST INTO THE THREAD AND I DON'T KNOW REDLION AND DIDN'T ADVOCATE REDLION as neigther he nor me knew or know each other.

As redlion says "price should be followed " and we cannot forsee what is behind., but when we place a order we are not blind.If we put a buy or sell we do anticipate the movement to be a buy or sell -this is what redlion says.

But "you mean "no bull or bear" it's your mind that makes up"-but this is individual mentality when it comes to trading there are many crooks who makes this approach,whomever wants sells or buys -this is market.
but market is made by crooks as you know 100's of groups creating artificial demands to trap pippers who jump and announce the snake that toads are there.Immediately the crooks close the position and take the toads.We cannot get the crooks off the market.Unless we get the core of the market and make a move.

This may determine long term moves.There's no functional difference other than the traders mind,but in collective mindset redlion says about crooks or insiders of the market and if redlion is little off he might be targetted,where your point is those crooks cannot sneak in while there is no noise from toads.

But mate(I know the meaning of mating and f words) but I won't use them to people who has common sense -NOUS-but you need to TAKE CARE OF YOUR HEALTH VETERAN ADMIRAL.

This is not what I repel for forum usage BUT FROM HEART WHAT I SAID IS TRUE TO YOUR HEALTH. Not a health predictor -but analyzer when in the market on the move. I bet you are troubled for the few days by some pressure in mind.

Redlion being a medic unable to spot this? due to heated arguments by harsh words. word uttered is injuring to a gentle trader.

Market is a river it's human who brings debris into this river and pollute it.But it's the way we live,If everyone's dreams are to be fulfilled by the market? then there will be no market.

mate is the word -as you were from china you know what I mean by mate it doesn't mean F word but it means COMRADE.Being in capitalist business I think you forgot the word and world there.No offence here Just joke.

I think we close this chapter and move on. If one had to explain the same thing again and again since 4 years then one would expect the same response.

Lets move on now please, FTI knows what he is talking.

http://www.monexgroup.jp/en/news_rel...FX_E_final.pdf

Rgs,

Tetxor

lol ...i cant believe my eyes...

no wonder the world is so screw up !!!!!
especially.....

wise man don't gamble in forex.

Happy trading day everyone! Hope we can get back to trading talk rather than the conflict from this past weekend. I'll get the ball rolling with my thoughts and activities.

Euro is stuck today but the GBP/$ provided a nice trade south for some good pips. Still holding a partial position and waiting for some additional movement. In at 1.5687 and protecting 1.5672, taking part off at 1.5642. Let's get this thing going again soon.

Good trading everyone and stay focused.

its time we get back 2 trading cos thats d primary reason we are all here in d first place..... There will always be differences of opinions/views within a large family like TAF so lets remember d Monks story n move on.