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Technical Analysis Fallacy

  • #29,601
  • Dec 1, 2011 12:55pm Dec 1, 2011 12:55pm
Quoting fti
ya is a killings field.

oh, by the way jac.
I am sorry i cannot make it to hawaii for christmas. Still not have what it takes travel. But you have a merry good one with family. I 'll just sit around my mum and sing God much praises. Thanks for the invite.

regards

jack,

Is anyone at hawaii this christmas because i am in Maui last week of december....from dec 24th...

V
  • #29,602
  • Dec 1, 2011 2:11pm Dec 1, 2011 2:11pm
Quoting indianguyinny24
jack,

Is anyone at hawaii this christmas because i am in Maui last week of december....from dec 24th...

V
vic, maui is definitely fun. gets a little crowded around that time because of holidays and surfing season.
Not sure which day exactly but I'm planning it as well, will let you know exactly when though.
rgds.
  • #29,603
  • Dec 1, 2011 2:55pm Dec 1, 2011 2:55pm
Quoting indianguyinny24
jack,

Is anyone at hawaii this christmas because i am in Maui last week of december....from dec 24th...

V
We were in Honolulu over Columbus Day weekend, but not this Christmas. Hope you have a great time. There was lots of construction in Honolulu for the APEC conference but that should be over now. Have a great time on Maui, it's the best.
  • #29,604
  • Dec 1, 2011 3:40pm Dec 1, 2011 3:40pm
Well just want to have an open invitation to anyone from TAF thread...if you are visiting NYC...Dinner on me...

would love to put some face across the names on this thread...especially all the one from US atleast...

V
  • #29,605
  • Dec 1, 2011 5:26pm Dec 1, 2011 5:26pm
http://www.cnbc.com/id/45493697

Words fail me with this one.
  • #29,606
  • Dec 1, 2011 5:48pm Dec 1, 2011 5:48pm
Quoting indianguyinny24
jack,

Is anyone at hawaii this christmas because i am in Maui last week of december....from dec 24th...

V
Hi Vic!
Will be thinking about you at that time..... Nice...
  • #29,607
  • Edited 5:56am Dec 2, 2011 5:41am | Edited 5:56am
Quoting fti
good rest.
thanks, nice song from the long march.


I am more of the romantics of the great plains.

http://www.youtube.com/watch?v=66w_unc6zUk

regards
This song the most romantic.
My Dad taught me when i was young.
Is dedicated to all the wannabes and some professionals.
So sorry many will not understand.
No understand the language is ok.
The song's title is "Gambler's rant"
There are a few versions.
The dramatic one that i have i cannot find on the tube.


regards


Inserted Video
  • #29,608
  • Dec 2, 2011 5:59am Dec 2, 2011 5:59am
Quoting GEfx
http://www.cnbc.com/id/45493697

Words fail me with this one.
Just trying to get back to the good old days

Inserted Video
  • #29,609
  • Dec 2, 2011 7:42am Dec 2, 2011 7:42am
Quoting auxesis
Just trying to get back to the good old days

http://www.youtube.com/watch?v=Nwrrv...eature=related
That's really funny!

Hey, and some good news on the US employment report, although the unemployment rate number is manipulated.
  • #29,610
  • Edited 8:56am Dec 2, 2011 8:13am | Edited 8:56am
Quoting GEfx
That's really funny!

Hey, and some good news on the US employment report, although the unemployment rate number is manipulated.

no matter.
the dye is already casted.
wish i could go somewhere do something, instead of sitting here watch the euro, dive down this bottomless well.
there's just 1 manipulator holding the fort.
Once the sell stops triggers, its hell just trying to find a bid.

This all thanks to the big politic mouths who can talk and cannot deliver.
"Even a fish won't get into trouble, if it knows when to keep its mouth shut."

regards

confidence and goodwill can be lost in a split second.
to nurse back goodwill and confidence in markets takes a long time.
once lost may never get it back again.
instead they want tell everyone , all is fine and dandy when eveyone is all nervous.

they can't even give market find its bottoms and slowlt bottom out.
create more wild volatility with unsubstianted statements.and you will see what hap[pens when markets overrun in panic.
The more they try get buyers in on volatility
the more peeps gets trapped.
the more the sell stops piles undernesth.
all it takes is a panic and big avalanche is result.

don't these peeps have brains to think?
they think they can lie to peeps, just because they professional liars?
these not a kangaroo court, is people with real lives and money on the line.

I don't want watch this.
best go sleep.
  • #29,611
  • Dec 2, 2011 9:47am Dec 2, 2011 9:47am
Have a great weekend

Attached Image (click to enlarge)
Click to Enlarge Name: AOW.png Size: 465 KB


regards
  • #29,612
  • Dec 2, 2011 10:12am Dec 2, 2011 10:12am
Quoting fti

no matter.
the dye is already casted.
wish i could go somewhere do something, instead of sitting here watch the euro, dive down this bottomless well.
there's just 1 manipulator holding the fort.
Once the sell stops triggers, its hell just trying to find a bid.

This all thanks to the big politic mouths who can talk and cannot deliver.
"Even a fish won't get into trouble, if it knows when to keep its mouth shut."

regards

confidence and goodwill can be lost in a split second.
to nurse back goodwill and confidence in markets takes a long...
Hi fti, you called that one as the E/$ is falling now in that bottomless well. I am short at 1.3472, and letting it ride while protecting 1.3437. Yes, they are all professional liars and it is very clear that they do not have a clue on what to do. Very scary situation and 2012 may be much of the same. I don't care if I trade the Euro or DM/Franc/etc, but the path to that new trading environment is of great worry.

Edit: going to take my 80 pips and call it a week. Get some rest and have a good weekend.
Edit2: wow, before I could hit the button, it fell even more. What is this all about? Still in but protecting 1.3380.
  • #29,613
  • Dec 2, 2011 12:26pm Dec 2, 2011 12:26pm
Quoting fti
This song the most romantic.
My Dad taught me when i was young.
Is dedicated to all the wannabes and some professionals.
So sorry many will not understand.
No understand the language is ok.
The song's title is "Gambler's rant"
There are a few versions.
The dramatic one that i have i cannot find on the tube.


regards


I think everyone has slightly different circumstances and qualifications, I don't feel a need to hold anyone accountable for something which they are not accountable for.
I know I simply don't qualify for some things.
Rgds.

@v, looks like mid Jan for me.
rgds.
  • #29,614
  • Dec 2, 2011 1:00pm Dec 2, 2011 1:00pm
Quoting jacson101

@v, looks like mid Jan for me.
rgds.

No issue hopefully some other day...

V
  • #29,615
  • Dec 2, 2011 1:24pm Dec 2, 2011 1:24pm
Hi everyone, just popping in to say hello. Nice to see you are back on ff fti. Anyways, probably old news, but rumor is that marks are printed and stashed away. Nice to see that the germans are thinking about the end game.
  • #29,616
  • Dec 2, 2011 1:36pm Dec 2, 2011 1:36pm
sorry to bring off topic, but how do you know options are being bought at this level. Also, this doesn't seem like a very smart move, how come the back office does not complain?


Quoting fti
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...
  • #29,617
  • Dec 2, 2011 11:27pm Dec 2, 2011 11:27pm
Quoting GEfx
Hi fti, you called that one as the E/$ is falling now in that bottomless well. I am short at 1.3472, and letting it ride while protecting 1.3437. Yes, they are all professional liars and it is very clear that they do not have a clue on what to do. Very scary situation and 2012 may be much of the same. I don't care if I trade the Euro or DM/Franc/etc, but the path to that new trading environment is of great worry.

Edit: going to take my 80 pips and call it a week. Get some rest and have a good weekend.
Edit2: wow, before I could hit the button,...
the writings on the wall.
Is horrible when you see real professional scrambling on drawing boards find a solution and you have morons saying all sorts of things , even before any decision is made. This creates unnecessary wild volatility esp in thin markets like year end. And volatility works bothways. For now pendulum swings downwards with force.
Why can't they be patience and await the weekend meetings, see if their bosses can find solution for the euro union.
It crazy talk about confidence, when whole market is already so nervous.

Anyways, lets see what cat drags in on Monday.

regards
  • #29,618
  • Dec 2, 2011 11:30pm Dec 2, 2011 11:30pm
Quoting N_Trader
Have a great weekend

Attachment

regards
  • #29,619
  • Dec 2, 2011 11:31pm Dec 2, 2011 11:31pm
Good Morning Fti,

So, It was flawed since inception.......
What took them so long to admit it???

http://www.reuters.com/article/2011/...7N23ZH20111202

Regards
Bert
  • #29,620
  • Dec 2, 2011 11:37pm Dec 2, 2011 11:37pm
Quoting jacson101

I think everyone has slightly different circumstances and qualifications, I don't feel a need to hold anyone accountable for something which they are not accountable for.
I know I simply don't qualify for some things.
Rgds.

@v, looks like mid Jan for me.
rgds.
jac
you misunderstand due to language.
It talks about the difference of speculating(calculated risk) and blind gambling.

One is the necessity of risk, is living. The other is the nemesis of greed, gambling. and the outcomes.

This my mid Jan, my type of spring classics.
Incidentally is also welcoming chinese new year fanfare for the chinese.
Dad loves this song.


Inserted Video


regards
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