Technical Analysis Fallacy | Page 1496 | 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

  • #29,901
  • Jan 10, 2012 12:02am Jan 10, 2012 12:02am
Quoting lilpip
fti,
I know you have been busy with health issues, have ya had any time to keep an eye on the mannerisms of the kingdoms or even more than that a pulse ?
Or anyone else as far as that goes ?
yes, there's people reporting to me about the markets.
I look at the charts from time to time.
Seems the whole world of traders not willing to trade in 2012.
Is probably awaiting some things or people to expire.
Merkets are under siege.
Everytime the euro and cable get bought up .Liquidity shrinks.
Every time she drops , drops in a vacuum.
Is very telling.

USD/YEN is a no game , unless you want take BOJ on.

The crosses are just volatility. So is likely that markets expecting coverted manipulation sometime. No one wants to be too long Euro, unless have wish to gamble. The Swiss is no game also same scenario as yen.

There is some market talk of reintroducing of the old currencys, but is mostly contingency possibilities, just in case., i believe.
regards
  • #29,902
  • Jan 10, 2012 12:04am Jan 10, 2012 12:04am
Quoting lilpip
Certainly our hearts go out to those families effected by the sunami, afterwards the destruction is like a battlefield.
One thing that comes to my mind is the general in the Art of War having to know his terrain and master extemporaneous response with contingincies and alternatives plans as it is criticle.
Many of those that made it out with their lives paid attention to the warnings and immediately maybe grabbed 1 bag of possions and fleed to higher ground.
Lifes lessons continue for us all.
http://upload.wikimedia.org/wikipedi...ning_Press.jpg...
you missed the point.
Matthew 5:39

regards
  • #29,903
  • Edited 12:36am Jan 10, 2012 12:16am | Edited 12:36am
Good Morning Fti and Friends. Fti, thank you for smart analysis.
- As i see the very new traders at "trades". I am shocked how quickly many of them have -50% and worse ... of capitall. It becomming to be difficullt to find green account there...
( I also had such big DD first 2year of trading, but not in first month ).
- the new traders should obtain a driwing licence first, than use such morbid 1:500 leverage for example:-)
  • #29,904
  • Jan 10, 2012 1:20am Jan 10, 2012 1:20am
Quoting lilpip
I dont believe their his prints, however is certainly a pattern thats been used in his creations design and is certainly thought provoking.
Thought the fibs would be appreciated by some who may not have seen this.
http://www.youtube.com/watch?v=e9MwN...layer_embedded

I cant help but to want to inquire a bit more on my fib studies.
http://www.amazon.com/Fibonaccis-Lib...ion/0387954198
I haven't found the Italian edition so i bought the English Ed
  • #29,905
  • Edited 3:45am Jan 10, 2012 2:33am | Edited 3:45am
Quoting Manekineko
http://www.amazon.com/Fibonaccis-Lib...ion/0387954198
I haven't found the Italian edition so i bought the English Ed

i didn't had opportunity study pisa's works.
Mostly studied da vincci because of my affection for art.
Moreover i cannot read Latin.

Nice that someone translated it.

regards

the exodus in euro is deepening.
will come time when peeps will want an arm and a leg, just to assume risk of failure possibilities.
Like i said is easy lose goodwill. If lost, become very uphill task to regain the trust.
They may like use any word, they happy to use.
Onece they default, then kaput.
Is same as trading mindset.
Is easier for some one new get the handle, than someone who had gained it and lost it.
the learning curve gradient steepens.

For me is same. If someone lost my trust, then may never regain it.
I guess is same for most people.
Only allow get screwed once.
Tiger sex. Once only.好馬不吃回頭草

the virtues of honour
君子一言四馬難追

Dad always taught me .
Never break the vase.
Sticking it together again, never the same again.

no honour is worst that no faith.
That which has lost honour, alike prostitutes have lost all self respect.
Wherehence, can you find the trust?
  • #29,906
  • Jan 10, 2012 3:53am Jan 10, 2012 3:53am
Quoting fti

i didn't had opportunity study pisa's works.
Mostly studied da vincci because of my affection for art.
Moreover i cannot read Latin.

Nice that someone translated it.

regards

the exodus in euro is deepening.
will come time when peeps will want an arm and a leg, just to assume risk of failure possibilities.
Like i said is easy lose goodwill. If lost, become very uphill task to regain the trust.
They may like use any word, they happy to use.
Onece they default, then kaput.
Is same as trading mindset.
Is easier for some one new...
I think that isnt wrong to forgive very young people... Sometimes their rumbling can be simply asking in their teenage style... i wasnt different...(not my alibi please:-) Regards
  • #29,907
  • Edited 4:25am Jan 10, 2012 4:08am | Edited 4:25am
Quoting Fana
I think that isnt wrong to forgive very young people... Sometimes their rumbling can be simply asking in their teenage style... i wasnt different...(not my alibi please:-) Regards
to forgive is divine.
Is the elements of empathy.
So yes, forgive. Do no evil.
Christ taught, in the lords prayer,
"Oh God, please forgive me of my sins, as i forgive that which had sinned me."

Christ taught, go to the house, then educate them.
If they listen then embrace them for their wisdom.
If it falls on deaf ears, then shake off even the dust from your shoes.
Your peace return to you that you bring it elsewhere.

yes , forgive, but without trust reestablished, be prepared to forgive again.
but if not fertile, best just move on to where wisdom lives.

regards
  • #29,908
  • Jan 10, 2012 4:15am Jan 10, 2012 4:15am
Quoting fti
to forgive is divine.
Is the elements of empathy.
So yes, forgive. Do no evil.

Christ taught, go to the house, then educate them.
If they listen then embrace them for their wisdom.
If it falls on deaf ears, then shake off even the dust from your shoes.
Your peace return to you that you bring it elsewhere.

yes , forgive, but without trust reestablished, be prepared to forgive again.
but if not fertile, best just move on to where wisdom lives.

regards
Yeah:-). Thank you
  • #29,909
  • Jan 10, 2012 4:40am Jan 10, 2012 4:40am
Hi fti, (could not PM you since I just joined)

I was introduced to forex trading by my friend in Dec 2011.
Learning to read charts and trade now.
This is when I chanced upon this thread started by you.
And was delighted to find out that you are in Sg.

What's your advice for a new trader like me?

Thanks so much fti.
  • #29,910
  • Jan 10, 2012 4:43am Jan 10, 2012 4:43am
Quoting fti
to forgive is divine.
Is the elements of empathy.
So yes, forgive. Do no evil.
Christ taught, in the lords prayer,
"Oh God, please forgive me of my sins, as i forgive that which had sinned me."

Christ taught, go to the house, then educate them.
If they listen then embrace them for their wisdom.
If it falls on deaf ears, then shake off even the dust from your shoes.
Your peace return to you that you bring it elsewhere.

yes , forgive, but without trust reestablished, be prepared to forgive again.
but if not fertile, best just move on to where...

Nice to see you around fti. Hope you are in a better state. Good to see TAF thread still going strong. I had a question FTI.According to your understanding why is intraday volatility so low in USDJPY? It remains in a quiet trading range and all of sudden it moves 100 pips in 5 minutes. Is that behavior due to excessive central bank interventions that traders don't trust it? Or is it Japanese culture? For a liquid market, its behavior feels fake. USDJPY was quite volatile 10 or 12 years ago. What has changed since then?

Regards and take care.
  • #29,911
  • Edited 5:30am Jan 10, 2012 4:52am | Edited 5:30am
Quoting JnS55
Hi fti, (could not PM you since I just joined)

I was introduced to forex trading by my friend in Dec 2011.
Learning to read charts and trade now.
This is when I chanced upon this thread started by you.
And was delighted to find out that you are in Sg.

What's your advice for a new trader like me?

Thanks so much fti.
welcome.
I cannot live in sg now, too stressful.
so iam home with my mum.

Advice?
Demo
trade , practise and practise and read thread.
See if this makes pips for you.
Then adjust.
You have no experience , so will be hard for you understand some of the stuff.
As your experience accumulates, then try make sense of what i had tried present.
You maay need experiece greed and fear to understand some of the stuff.
Also educate self about markets, the OTC structure.
make some friends who are in market front line and veterans.
Learn the business.

regards
  • #29,912
  • Edited 5:25am Jan 10, 2012 4:56am | Edited 5:25am
Quoting dakoo
Nice to see you around fti. Hope you are in a better state. Good to see TAF thread still going strong. I had a question FTI.According to your understanding why is intraday volatility so low in USDJPY? It remains in a quiet trading range and all of sudden it moves 100 pips in 5 minutes. Is that behavior due to excessive central bank interventions that traders don't trust it? Or is it Japanese culture? For a liquid market, its behavior feels fake. USDJPY was quite volatile 10 or 12 years ago. What has changed since then?

Regards and take care....
behaviour is due to maket makers very nimble in thin markets.
behaviour is not fake. Market makers are not crazy, they move quickly , ducking bullets.
Didn't hear of any BOJ activity yet.
But markets are very nervous, fundementally BOJ is on correct course, protecting themselves.
so who wants be hero?

When battle orders hit markets market makers will run volitile, ducking bullets from both ends.
this the terrain now.
Unlike you who can choose where and when you want to battle, they are custodians of the battle ground.
So the move swiftly. You get careless and they will snipe you down to size.

In euro is just as bad. They trying unhold market lest a free for all. but seems they still working find the solution.
Meantime need buy time, find the way.

The contagion started from the usd bubbles, so everyone's living in fear and uncertainty. Until all can find the way.


when way ia found, then you will complaint darn markets not moving.

regards
  • #29,913
  • Jan 10, 2012 5:07am Jan 10, 2012 5:07am
Quoting fti
welcome.
I cannot live in sg now, too stressful.
so iam home with my mum.

Advice?
Demo
trade , practise and practise and read thread.
See if this makes pips for you.
Then adjust.
You have no experience , so will be hard for you understand some of the stuff.
As your experience accumulates, then try make sense of what i had tried present.


regards
Thanks fti, appreciate your response.
Understand you're getting better, take care & God bless.
He is great.
learning to trade from someone whom friend intro.
my life is pretty comfortable but looking to challenge myself to the next level.
Thanks fti. I believe majority of the posters are not doing well. But I will read where God guides me to and take it with a pinch of salt.
Dunno why but when I read your thread, I decided to join in the forum.
God bless.
Am using indicators to guide me in my entry position. advice given is not to trade near major news.
Will read your posts step by step.
Thanks.
Which country are you in now, if can share.
  • #29,914
  • Edited 5:52am Jan 10, 2012 5:33am | Edited 5:52am
Quoting JnS55
Thanks fti, appreciate your response.
Understand you're getting better, take care & God bless.
He is great.
learning to trade from someone whom friend intro.
my life is pretty comfortable but looking to challenge myself to the next level.
Thanks fti. I believe majority of the posters are not doing well. But I will read where God guides me to and take it with a pinch of salt.
Dunno why but when I read your thread, I decided to join in the forum.
God bless.
Am using indicators to guide me in my entry position. advice given is not to trade...
scouts, we learn young never give away our position, unless abolutely necessary. Aiya but there's much hints already.

Thats not necessary at the moment, Is on a need to know basis.
Mostly i will be on this thread whenever i can.


regards

Hint: now have liulian and dukulangsat season.
  • #29,915
  • Jan 10, 2012 5:38am Jan 10, 2012 5:38am
Quoting fti
scouts, we learn young never give away our position, unless abolutely necessary. Aiya but there's much hints already.

Thats not necessary at the moment, Is on a need to know basis.
Mostly i will be on this thread whenever i can.


regards
thanks

love this:
Many traders harbours this self-destructive machanism, in their sub contious .
even lots of dealers. It's an urge, thingy, something that you cannot scratch.

The fact that most traders are successful in life, otherwise they wouldn't have the capital to trade, works against them. Because they would throough their suceesses have developed a kind of confidence about themselves. When this confidence is carried into positions in markets, it tend to work to their detriment , esp when the view is errorneous. But not unlike W Buffet, it can also work in their favour, the prerequisite is close to unlimited cpitalisation.
  • #29,916
  • Jan 10, 2012 9:31am Jan 10, 2012 9:31am
See you online..

how u feeling.......

V
  • #29,917
  • Jan 10, 2012 6:49pm Jan 10, 2012 6:49pm
Quoting fti
scouts, we learn young never give away our position, unless abolutely necessary. Aiya but there's much hints already.

Thats not necessary at the moment, Is on a need to know basis.
Mostly i will be on this thread whenever i can.


regards

Hint: now have liulian and dukulangsat season.
  • #29,918
  • Jan 10, 2012 9:48pm Jan 10, 2012 9:48pm
Quoting fti
you missed the point.
Matthew 5:39

regards
10-4 with maintaining our humility.
  • #29,919
  • Jan 11, 2012 12:28am Jan 11, 2012 12:28am
all my friends

@vic,

I am ok.

Inserted Video


still thinking , if i can find a way trade with some of you, show you how i do the trades, without killing me. But i guess i need recuperate enough to attempt, and under the right setups.

Just idle mind wandring in thoughts. I guess is old racers itching for 2nd wind. Boredom is killing my spirit.



regards
  • #29,920
  • Jan 11, 2012 12:58am Jan 11, 2012 12:58am
Quoting fti
all my friends

@vic,

I am ok.

http://www.youtube.com/watch?v=gQW87VU__Pc

still thinking , if i can find a way trade with some of you, show you how i do the trades, without killing me. But i guess i need recuperate enough to attempt, and under the right setups.

Just idle mind wandring in thoughts. I guess is old racers itching for 2nd wind. Boredom is killing my spirit.



regards
Hi Fti,

I am a new to trading... Trading from 5-6 months... I am slowly going through the pages of this thread.. I have gone through 80-90 pages still now.. I am going through it slowly though. I did not get opportunity to see your dance.. If you could show 1-2 trades, it would be great for new people like us. I sometimes wish if i could be here at 2008Jan.. Its almost 4 years, and it is good to see you around even now.

But i think your not well these days.. Take care dear Fti.. My wishes for your full healing.

Regards
7 traders viewing now