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Technical Analysis Fallacy

  • #29,441
  • Nov 27, 2011 12:31pm Nov 27, 2011 12:31pm
Quoting fti
zoran.
Beautiful women is everywhere. Beauti is in the eyes of the beholder.
Real beauti is in finess and atitutes.

That cannot be taught. Has to do with so many factors.
Same as loyalty and honour.
Is not something that can be easily taught.

I am reeling at the beauti of the lyrics of these classics.
It goes very very deep into the mindsets.
Just think about the tien Di they speak.
if you literally translate it, means nothing, sky earth.
but it goes so deep if you really know what is in the calligraphy.

same as i used a chinese...
This song proves music doesn't have any boundries, a very good song. I never knew Chinese songs are that cool.

Self respect is needed in everything we do....

Thank you Sir,
  • #29,442
  • Nov 27, 2011 12:39pm Nov 27, 2011 12:39pm
Hello, fti. I am new here, so I do not know your work and your contributions yet.

May I just say "Thank You" for the 2 beautiful music videos. Of course I do not understand the lyrics but maybe some day I will find somebody to translate them - even if the translation is only approximate.

I wish you well and I wish you strength in your illness.

Danny
  • #29,443
  • Nov 27, 2011 12:41pm Nov 27, 2011 12:41pm
Quoting Fana
I made a photo of desert my mother created at weekend. Here this is for you Fti. It is very delicious! Regards
Hi Fana, if I PM my address to you would you send me a slice? Look really good! Take care!
  • #29,444
  • Nov 27, 2011 12:48pm Nov 27, 2011 12:48pm
Quoting GEfx
Hi Fana, if I PM my address to you would you send me a slice? Look really good! Take care!
Hi GE. Of course, one slice also for you. Yes, it is very very good! I dont give something what i am not certain that is very good... She really made it very delicious. How, thats i will never know... :-)
  • #29,445
  • Nov 27, 2011 3:20pm Nov 27, 2011 3:20pm
Quoting Fana
I made a photo of desert my mother created at weekend. Here this is for you Fti. It is very delicious! Regards
Fana,

STOP IT!

With Thanksgiving behind us, I'm now on a diet till Christmas.

a

p.s. Looks good!
  • #29,446
  • Nov 27, 2011 6:31pm Nov 27, 2011 6:31pm
hey conceptual i just finish reading your posts and seems to me most of it mental masturbation with irrelevant examples.

yes you are right, the market is binary, buy or sell, and most of the patterns and illusions created in our charts are due to the aspect of time analysis via candle sticks, a sideways market is not side ways, as it cannot ever be sideways, either you buy or sell, and even staying flat is a position as you liquidate your previous short or long and took a equal net position to cancel out YOUR exposure, but this acted on the market as recorded transaction.

so i agree, direction and range, that is all there is to the market broken down in bare terms.

now where i do not agree with you, is in the fact that you can write a perfect mathematical predicting algorithm coming from a lagging data set, that will forecast with a degree of precision, how all the market participants, with different interests, different interpretation of the data, and all committing human error, immensely bringing in multiple variables to the market.

you did not like my example, then answer me this, if science has found how to predict psychological outcomes and can treat them with exactitude, why is there so much controversy regarding Selective Serotonin re uptake inhibitors?
tricyclic and tetracyclic drugs and monoamine oxidase inhibitors?

why the vastly different results in individuals? i think you are confusing mechanics and physics with the complex psychology of human beings.

Norvasc for example a calcium channel blocker is very effective and predictable, blocks calcium to the smooth muscle of the blood vessels, therefore relaxing them, hence dropping the blood pressure.

body mechanics a+b=c, human psychology offers to many variables, and the markets are a conglomeration of humans, can you predict what these people will do? i hardly doubt it, every day YOU live is unpredictable even if you follow the same routine
AVT INVENIAM VIAM AVT FACIAM
  • #29,447
  • Nov 27, 2011 6:44pm Nov 27, 2011 6:44pm
Quoting mla
Ok, this is my last post here.

To be honest I am bit disappointed. I am not going to get into any details, because I do not see any point.

" I need to understand your personal illusions to grasp the scope of your illness."

All the Best
mla
hey mla, maybe is for the best, some people talk the talk and are really good at it, and their walk is disappointing at best.

no harm done, you are a wise old man
AVT INVENIAM VIAM AVT FACIAM
  • #29,448
  • Nov 27, 2011 9:25pm Nov 27, 2011 9:25pm
There she goes.! anyone watching right now?
  • #29,449
  • Nov 28, 2011 1:42am Nov 28, 2011 1:42am
Anyone watching right now?

Eur dont wanna go, but gbp she is going strong. she leading maybe?
  • #29,450
  • Nov 28, 2011 2:33am Nov 28, 2011 2:33am
Quoting Acs_112
Anyone watching right now?

Eur dont wanna go, but gbp she is going strong. she leading maybe?

Hi Acs,

not really sure what you are talking about or asking for.
Below you see the M5 charts from EURUSD and GBPUSD.
At least on the first glance they seem to move more or less in sync..

.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.jpg Size: 57 KB
  • #29,451
  • Nov 28, 2011 3:09am Nov 28, 2011 3:09am
Quoting auxesis
Fana,

STOP IT!

With Thanksgiving behind us, I'm now on a diet till Christmas.

a

p.s. Looks good!
  • #29,452
  • Nov 28, 2011 3:43am Nov 28, 2011 3:43am
Quoting MaMood
Hi Acs,

not really sure what you are talking about or asking for.
Below you see the M5 charts from EURUSD and GBPUSD.
At least on the first glance they seem to move more or less in sync..

.
Hey Mamood,

Tried to post a picture of what i was looking at earlier. As always with these things i think you need to be there at the time it was happening. They are sort of moving together now, but before the breakout the eur was not moving and the gbp was moving down pretty fast, also with the immediate price action when the EUR was going up the GBP would be going down and vice versa, I dont know what it means, but i know fti has spoken about this many times before.

I think i remember reading that when both are moving together there is more likelihood of stronger moves?? Im sure it will happen again and i will be watching. I think Is always better when watching these things in real time when trying to discuss them.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp1.jpg Size: 127 KB
  • #29,453
  • Nov 28, 2011 3:54am Nov 28, 2011 3:54am
Quoting Acs_112
Hey Mamood,

[...]
I think i remember reading that when both are moving together there is more likelihood of stronger moves??
[...]
Hi Acs,

well I see.

Regarding your statement above:
When all 3 kingdoms are in sync (i.e. EURUSD down, GBPUSD down, USDJPY up) we can say we have a USD strength for that moment in time. (and vice versa) So the move might be more reliable, as when these 3 pairs are not in sync.
But these kind of correlation can lose it'S value really fast. So as long as you see it on the charts, use it. When it is fading, forget about it

At least that is the way I use it ..

CU,
Niels
  • #29,454
  • Nov 28, 2011 4:04am Nov 28, 2011 4:04am
Quoting MaMood
Hi Acs,

well I see.

Regarding your statement above:
When all 3 kingdoms are in sync (i.e. EURUSD down, GBPUSD down, USDJPY up) we can say we have a USD strength for that moment in time. (and vice versa) So the move might be more reliable, as when these 3 pairs are not in sync.
But these kind of correlation can lose it'S value really fast. So as long as you see it on the charts, use it. When it is fading, forget about it

At least that is the way I use it ..

CU,
Niels

Thanks Mahmood, makes sense. was not enough USD strength, i guess that was the message from the EUR. i had some short postions i closed here because of this movement and lucky i did! could never have seen the move ahead, although perhaps these were the clues before her bite. Or maybe i was just lucky? who knows.!? Am eagerly awaiting the next time it happens.

Interesting now the movements are pretty good and in close sync with each other we are having this strong move, USD weakness.
  • #29,455
  • Nov 28, 2011 5:23am Nov 28, 2011 5:23am
Quoting Acs_112
Thanks Mahmood, makes sense. was not enough USD strength, i guess that was the message from the EUR. i had some short postions i closed here because of this movement and lucky i did! could never have seen the move ahead, although perhaps these were the clues before her bite. Or maybe i was just lucky? who knows.!? Am eagerly awaiting the next time it happens.

Interesting now the movements are pretty good and in close sync with each other we are having this strong move, USD weakness.
Hi Acs. Let me make some comment... Important ingredience in trading is healthy self-confidence. Luck is not good advicer. Regards
  • #29,456
  • Nov 28, 2011 1:36pm Nov 28, 2011 1:36pm
Quoting fti
zoran.
I have a birthday everyday of my life.
Everyday when i open my eyes, i have another day.


regards
And may you have many many more birthdays to come.
  • #29,457
  • Edited 11:03pm Nov 28, 2011 10:01pm | Edited 11:03pm
Quoting Fana
I made a photo of desert my mother created at weekend. Here this is for you Fti. It is very delicious! Regards
Thanks fana for the everyday birthday cake.
But i need wait for the japs refine the ability send scent and texture over internet to get a taste.
No matter, the sighting already gave me warm feelings.

regards

This about the General, Hwa MuLan.
She was Good, very good.
Some legends from the Middle Kingdom(中國) aka China

Inserted Video


Mind above matter.
Inserted Video


some worships stones.
some worship wood.
some worship abilities, their ego
some worship the almighty money.

who's left worship God, their creator?
Honour thy parents, so that your days on earth may be long.
If you cannot even honour your parents,
wherehence your ability honour thy creator?
  • #29,458
  • Nov 28, 2011 10:33pm Nov 28, 2011 10:33pm
FTi have you been trading?
  • #29,459
  • Nov 28, 2011 10:42pm Nov 28, 2011 10:42pm
Good Morning Friends!

Here is another shoot out warning by japs.

http://www.reuters.com/article/2011/...7MT08R20111129


Regards
Bert
  • #29,460
  • Edited 11:24pm Nov 28, 2011 10:53pm | Edited 11:24pm
Quoting M-H Trader
FTi have you been trading?
yes had been.
was fighting the manipulator who bought much euro call options at 1.33 and 1.3250.

he trying use peoples money pay for the option premiums buy time to solve the euro problems.

So he hold euro up until his time money premium runs out. Then he will have a double wammy volatility plunge, if he cannot find amicable solution to his structural failure. Otherwise he need find more money pay for more premiums to buy time.

Thin year end markets, watch size.
seems the euro bonds market is broken,the rates gone to killing zone.
can't blame peeps for no confidence to buy loans papers if structure is going to collapse.
Now seems the big boys of the confederation wants to shoulder the system. They will borrow on the crippled's behalf.
But if cracks appear on their dam, then it will burst all.

for me, i would even waste my funds buy zero coupon usd debts than risk 50% or more haircut on defaulted paper.
i don't believe there are any crazy people managing moneys yet.

Ya everyone wants transfer their load on the japs.
But they forget, if they overload that ship, and she losses competitive edge in commerce, then
she will sink,they drown as well.
The ships capt is shouting warnings, but the frenzy crowd are so dang deaf.
Maybe is selfish more than deaf.
Have you ever seen the behaviour of fleeing refugees?

regards
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